The reform that breaks the camel’s back?

March 10, 2011

Trade union leaders have been warning for some time now that it would be pensions reform — not pay freezes or job cuts — that could prove the trigger for widespread public sector strikes this year.

Satisfied bank customer?

August 3, 2010

We’re wondering who is.

We see bailed-out banks returning to profit at the same time as headlines about others still refusing to lend. The personal finance pages are bristling with stories about mortgage famine . Big businesses may have been overcharged for banks’ services in raising new equity capital;  lending to smaller businesses is down, and the interest offered on savings is so derisory, would-be savers are being pushed into taking more risk to try to preserve their capital.

from The Great Debate UK:

Budget boost for savers

April 24, 2009


--Fay Goddard is chief executive of the Personal Finance Society. The opinions expressed are her own.--

Pre-budget report: what it means for personal taxes

November 25, 2008

Here is a guide on what the pre-budget report means for personal taxation by accountancy firm BDO Stoy Hayward.

Equitable Life: another nail in the coffin for retirement savings?

July 17, 2008

Nine years after the near collapse of Equitable Life, pensioners and savers are still unsure if they see any compensation despite the long-awaited report by the parliamentary ombudsman, described by commentators as a “damning indictment of UK financial regulation.”

Why life doesn’t begin at 40…

June 12, 2008

pensioners.jpgThink you’ve got plenty of time to save for retirement, boost your bank balance or achieve the level of wealth you’ve always aspired to? Think again.

Preparation key to riding out recession

May 9, 2008

cash-3.jpgWe are living in uncertain times. House prices are falling, the economy is slowing and consumers are under the cosh from the fall-out from the credit crunch, which is sending borrowing costs higher.

“Hoodie” of financial world continues to lurk

April 17, 2008

cash2.jpgBorrowers might be under the cosh, but savers have never had it so good. Historically, when the Bank of England (BoE) base rate changes, mortgage and savings rates follow suit. But amidst the current credit crunch, those with spare cash and prepared to move their money around can take advantage of banks’ and building societies’ eagerness to attract retail funds.

Consumers go it alone as storm clouds gather

March 13, 2008

storms21.jpgThe dust has settled on Alistair Darling’s first Budget and consumers have been given little reason for celebration. The Chancellor, though announcing various measures designed to increase housing affordability, has done nothing to help the masses.

A good budget?

March 12, 2008

darlin2.jpgThe headlines say it was a budget that hit drinkers, smokers and gas-guzzlers.

Chancellor Alistair Darling hiked up the usual “sin taxes” in his first budget.