UK Finance News

Many Briton’s are resorting to short term ‘pay day’ loans to tide them over until they get paid says a report in the Times today. The short term loans, often taken out for just a few days, can charge as much as 1000 per cent in interest, according to figures from MoneySupermarket.
The boom in ‘pay [...]

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Budget speeches are always interesting as they are a blend of give and take which usually
leaves Joe and Jane Public wondering if they’ve been had.
With storms outside and global economies doing about as well, you’d be forgiven for thinking Mr Darling didn’t know whether to wind his a*se or scratch his watch.
Overall the budget was [...]

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Research by Watson Wyatt indicates a 35% jump in Enhanced Annuity sales from 2006 to 2007.
Enhanced Annuities provide people with serious medical conditions the chance to obtain much improved annuity rates - and therefore a much better pension from their accumulated fund.
The bottomline is that if you’re likely to die earlier, the providers are happy [...]

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Britains fourth largest energy supplier npower, have reported an increase in profits for this year of 41% on the previous years figures.
Coming just a day after British Gas posted a five fold increase in profits, the news is bound to anger homeowners, business and watchdog organisations. Indeed energy industry regulator Ofgem launched an investigation into [...]

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British Gas announced profits of £571 million today, a five fold increase on last years figure of £95 million.
Homeowners and Consumer groups are furious with British Gas, with the news coming only weeks after the company raised bills by 15% for 13 million customers.
The profits came after a year which saw the wholesale price of [...]

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