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Entries Tagged as 'Savings'

Building Societies sign up to online interest rate auction house to compete for savers cash

John Williams - Monday 14.12.09, 15:41pm

The UK’s Furness and Harpenden building societies have announced that they have signed up to compete for savers’ cash with Europe’s first and largest online interest rate auction house for time deposits, licuro.com.They make up seven UK societies that have signed up to the scheme that offers large lump sum investors the best time deposit [...]

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Tags: Banking · Finance News · Interest Rates · Investments · Personal Finance · Savings · UK economy

How to avoid the ‘January blues’ this Christmas

John Williams - Monday 30.11.09, 12:25pm

Pre-Christmas independent research released by Money.co.uk today,  suggests that the majority of Brits have made no provision for Christmas expenses this year, increasing the likelihood of a major hit on credit cards and the like over the festive period. Worryingly almost 5 million (10%) of Britons have admitted that they are still paying debts off [...]

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Tags: Cash Flow · Credit Cards · Interest Rates · Personal Finance · Retail · Savings · UK economy

Majority of UK ex-pats content to retire abroad

John Williams - Monday 23.11.09, 14:43pm

A survey by Alliance & Leicester International has revealed that a staggering 87% of ex pats are content to choose to retire in the country that they have chosen to reside in, with France (18%), Spain (13%) and the UK (12%), being the most popular retirement destinations.
With the cost of retirement in the UK estimated [...]

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Tags: Equity Release · Europe · Pensions · Personal Finance · Property Market · Savings · UK economy · World Economy

How can UK banks deny profiteering claims on personal loans

John Williams - Wednesday 18.11.09, 12:47pm

The British Bankers Association have denied claims from consumer groups that the UK’s high street banks are ‘profiteering’ from charging high interest rates on personal finance, despite the obvious evidence that interest rates on personal loans are at a seven year high, while the base rate is at an all time record low.
Consumer groups say [...]

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Tags: Banking · Interest Rates · Personal Finance · Savings · UK economy

UK Savers risking lower returns by avoiding expert help

John Williams - Monday 09.11.09, 17:45pm

Research conducted by Newcastle Building Society, the biggest building society in the Nort East, has found that savers are risking getting lower returns on their investments by not utilising the financial information and support that is freely available to them on the market.
With the base rate at an all time low many savers have already [...]

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Tags: Banking · Cash Flow · Interest Rates · Investments · Personal Finance · Savings · UK economy

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