‘General’ News
Households saving in lieu of seeking unsecured loans
Posted 2007-11-30
According to Alliance & Leicester an increasing number of Britons are saving during this uncertain financial atmosphere and are less willing to take on unsecured loans. The recent base rate increases have many households reining in their expenditures, observed...
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Financial complexity is youths’ reality
Posted 2007-11-19
“The reality of today’s teenagers is that their financial circumstances are much more complicated than that of their parents at the same age,” stated Head of Youth Banking, Mark Worthington. He also asserted the fact that young people now have...
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Great benefits for financial product familiarity
Posted 2007-11-11
Darren Dicks of Norwich Union suggests that it “takes a while” for individuals to become accustomed to the features of financial products. But gaining the knowledge and having some experience with the range of financial services and products available to...
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14% of student body would consider property purchase.
Posted 2007-11-5
Students at university considering purchasing a property are advised to consider the additional expenses to mortgage repayments; including property maintenance and ‘off periods’ when a lack of tenancy for spare rooms, may come to pass. With research revealed by Abbey,...
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CreditExpert reports of loss of financial confidence in northerners
Posted 2007-10-21
CreditExpert’s new research finds a widening gap of pecuniary confidence between the north and south in the UK. The financial confidence index in the north currently stands at 97 - a fall of three points since July, the research showed....
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Significant shortcomings found in retirees’ income
Posted 2007-10-18
Many Brits are facing their golden years with significantly less income than anticipated prior to their retirement. A spokesperson for an elderly people’s charity, Age Concern, Helen Spinney suggests that many people are continuing to work past their retirement...