UK Finance News

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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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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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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As divorce rates amongst the over sixties continue to soar, the Law Society warns potential divorcees to take legal advice or risk not having enough funds to see out retirement.
As the so called ‘Saga divorces’ have increased dramatically over the last ten years, the Law Society stresses the importance of the financial implications of separation [...]

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A report today from the British Chamber of Commerce (BCC) is critical of UK bank’s over their reluctance to offer finance to small and medium sized businesses despite the Bank of England’s £200 billion quantitative easing programme.
The BCC say that a third of the businesses it has surveyed have reported that access to finance has [...]

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