13th August 2007
UK consumers are increasingly turning to the British Bankers Association’s (BBA) account tracking service to claim money from dormant accounts. Claims using the BBA service have surged more than thirty-fold due to an awareness drive by banks, building societies and National Savings & Investment. Customers are claiming forgotten assets worth between £350 million and £500 [...]
27th July 2007
Homeowners who want to fix their mortgage are being urged to act quickly after two of the country’s biggest lenders pulled their deals and economists warned a Bank rate of 6% looks more likely.
20th June 2007
Scottish Widows reports that not enough people are making an adequate provision for their retirement.
The latest Scottish Widows UK Pensions Report has revealed that 49% of people are saving enough for their retirement, but also showed that some 24% are making no provision whatsoever – Whilst 51% of those who should be preparing for retirement [...]
17th June 2007
UK university students were lent more than £3 billion in the last financial year. The Student Loans Company (SLC) said the total lent to all students during the financial year 2006/07 for English, Scottish, Welsh and Northern Irish universities was £3.4 billion.
This compares with £2.9 billion lent the previous year. The scale of lending to [...]
12th June 2007
The UK banked a record amount of savings between April and June 2006 new figures have shown with some £38.6 million put away for future uses – according to a new report from IFA Promotion.
Despite the record figure, the report also noted that debt remains high – suggesting that people are putting money away [...]
10th June 2007
A recent study showed more than 1 in 5 UK credit card holders are unhappy with their credit card – that’s equivalent to over seven million UK consumers.
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