Posted in News, Save & Invest on May 30th, 2008 No Comments »
TD Waterhouse’s weekly best buy list shows that its retail investors are turning to copper and oil providers.
UK banking stocks are also proving popular, accounting for 71% of all trades this week.
Angus Rigby, chief executive of TD Waterhouse, said: “Antofagasta has entered our top 10 buys this week as our trading customers saw the opportunity […]
Posted in News, Save & Invest on May 30th, 2008 No Comments »
The typical UK worker is on course to retire on £215 per week, less than half of national average earnings and below the current minimum wage, according to Fidelity.
Its survey of more than 1,000 people indicates that people are set to see their income drop by 53% on reaching retirement. This figure covers all sources […]
Posted in News, Utilities on May 30th, 2008 No Comments »
A raft of new Government measures to help vulnerable consumers make their homes warmer and more energy efficient have been revealed.
The measures are designed to help with bills and ensure consumers, particularly the elderly, are on the best value tariff and include changes in the law to allow data sharing with energy suppliers and a […]
Posted in News, Banking on May 29th, 2008 No Comments »
Barclays is overhauling its current account offering, including reductions to charges for customers who go beyond their agreed overdraft limit.
In addition, from 2 June, Barclays is simplifying its range of new current accounts for personal customers, offering customers a choice of accounts which includes an interest-bearing current account and a new packaged account, whilst reaffirming […]
Just 28% of consumers think now is a good time to save, according to the latest savings indicator from Nationwide Building Society.
The society said rising fuel costs, increased food prices and reduced savings rates could be at the root of the current negative attitude to saving recorded among consumers. In addition, 46% of consumers think […]
Posted in News, Save & Invest on May 28th, 2008 No Comments »
It’s no surprise that investment returns have slumped over the past year, but long-term investors have continued to reap rewards, the latest performance figures have shown.
The Association of Investment Companies (AIC) revealed a £1,000 investment in the average investment company decreased by 7% over the last year. However, the same amount invested over three years […]
More than half of UK adults polled by Alliance & Leicester have taken action against the rising cost of living by adapting their finances.
Research from the bank revealed 34% of UK adults expect to have less cash to spare over the next six months, with 79% blaming this on the increasing cost of food, consumer […]
Posted in News, Utilities on May 27th, 2008 No Comments »
The credit crunch has hit home with a 17% drop in the number of household and financial products being switched in the past year, according to MoneyExpert.
In the first quarter of 2008, a total of 32.2 million household bills for a range of basic services were moved to other providers compared with 38.9 million in […]