Loan news
Car fuel duty increase postponed
17 Jul 2008 at 7:48am
The Chancellor of the Exchequer, Alistair Darling MP, has postponed the 2 pence per litre increase in fuel duty that was due to take place on 1 October 2008. This holds the main road fuel duty rates at 50.35 pence per litre after 1 October this year.
Cut car costs - top belt-tightening tips
16 Jul 2008 at 4:54am
The average car consumes 38% more fuel at 70mph than it does at 50mph. Motorists driving at 90mph are wasting up to £1.20 every eight minutes as opposed to driving at 70mph. Acceleration and deceleration is what uses most fuel. You will improve your fuel consumption with smooth driving.
School fees rise more than twice the rate of inflation
14 Jul 2008 at 4:37am
Private school fees have risen by 40% over the past five years - the cost of a private school education for day pupils has increased by more than twice the rate of inflation since 2003, according to new research from Halifax Financial Services.
Base interest rate on hold at 5%
10 Jul 2008 at 6:38am
As expected, the Bank of England's monetary policy committee (MPC) kept base rate unchanged at 5%. However, the MPC remains worried about inflation and it's likely that the Governor, Mervyn King, will continue to have to write letters to Chancellor Alistair Darling explaining why inflation as mea...
Zopa passes 200,000 members
7 Jul 2008 at 9:23am
Zopa, the world's first person to person online lending exchange, now has more than 200,000 members. Total lending at Zopa recently topped £23 million, a little more than 3 years after launching in March 2005.
Financial Capability Action Plan unveiled
7 Jul 2008 at 6:15am
Action to give people more support to tackle their money concerns has being announced by Yvette Cooper MP, Chief Secretary to the Treasury and Hector Sants, CEO of Financial Services Authority (FSA). The Financial Capability Action Plan sets out new measures to give people free advice and assista...
How to finance home improvements
2 Jul 2008 at 6:29am
Despite the uncertainty in the housing market, 3.25 million of us plan to move home over the next year or so, according to research from Alliance & Leicester (A&L). While the number may be a bit of a shock, it certainly isn't a surprise to learn that while waiting to put their home on the market,...
Fixed rate bond - Newcastle goes postal
25 Jun 2008 at 5:27am
Newcastle Building Society has announced the launch of its new limited issue postal bond - the bond, running through August 28th 2009, paying a fixed rate of 6.8% gross/AER on a minimum investment of £5,000 (maximum £500,000).
Credit crunch? What credit crunch?
19 Jun 2008 at 4:29am
Could the current economic climate, financial doom and gloom, be a myth? According to new research from life insurer Zurich, despite the testing market conditions, less than a third of consumers have reviewed their finances in light of the credit crunch (29%) and a fifth of people (21%) claim it'...
More misery as prices soar
17 Jun 2008 at 5:17am
The Consumer Prices Index (CPI) measure of annual inflation - the Governments target measure of inflation - was 3.3% in May, up from 3.0% in April.
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