Thousands of older people across Britain could be putting themselves under unnecessary financial pressure, a new set of figures indicates. In research conducted by the London School of Economics (LSE) for the British Gas/Help the Aged Partnership, pensioners could be losing out on a total of some 50,000 pounds over the course of their lifetime [...]
Britons are set to spend almost 12 billion pounds on Christmas presents this year, newly-published figures reveal. Research conducted by Halifax suggests that the typical consumer is to splash out some 384 pounds 40p on gifts this year. With an estimated countrywide total of 11.92 billion pounds, many people could find that a loan is [...]
Homeowners are being advised that they could face an increase in financial pressures over the course of next year. Such is the assertion of a number of mortgage providers across the Yorkshire region who state that as the cost of borrowing has risen five times since August last year, more people are on track to [...]
British children’s bedrooms are being increasingly filled with expensive items, new research indicates. A study conducted by Lloyds TSB Insurance reveals that the typical child currently has goods to the value of 1,720 pounds in their room – a rise of seven per cent from the 1,607 pounds recorded last year. Meanwhile, one in ten [...]
Millions of Britons could be on track to receive increased help with money, it has emerged. In the government’s action plan for financial inclusion in the years between 2008 and 2011, Kitty Ussher, economic secretary to the Treasury, announced that some 135 million pounds is to be invested into promoting financial inclusion. And following the [...]
Rising food prices are putting increasing financial strain on households, new figures show. According to data released by the Office of National Statistics (ONS), the expense of food being produced by the likes of bakeries and dairies is running at 6.6 per cent – the highest rate of growth recorded since July 1993. The office [...]
An increasing number of homeowners are taking steps to help lessen the increase in pressure their finances will come under, new figures show. In research conducted by Lloyds TSB Mortgages, 64 per cent of those remortgaging their homes claim that they are due to cut back on their spending during the Christmas period. Meanwhile, just [...]