Category Archives: Banking

What would happen if you lost your job?

With the newspapers full of yet another company cutting jobs, Britons may be wondering how they will meet their financial obligations should they face unemployment. Indeed, with credit card debt, mortgage repayments and utility bills all needing to be paid for, people may want to discover what help is at hand should they find themselves out of work.

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The lowest interest rate since 1951

The Bank of England’s two per cent interest rate is the lowest it has stood at since 1951, bringing questions to the fore about what this means for people with mortgages, savvy savers and if there is any point if the banks do not pass it on to customers.

Up for grabs: £250m in overpaid tax

Britons could get their hands on a share of £250 million after HM Revenue and Customs has stated that certain individuals have been paying too much tax and should seek to get it back.

A stocking full of scams, rip-offs and dodgy deals

In the frantic spending spree of Christmas, Britons need to keep in mind the top ten festive scams and rip-off deals that could actually cost them more than they bargained for.

2008: Financial fiascos and credit-crunching dilemmas

The past 12 months in the financial world have been characterised by job losses, collapsing banks and the well-known credit crunch. While many in the UK may be wondering what 2009 will bring, here is a summary of what 2008 had in store for Britons.

New year, new financial start for Britons?

In an effort to get more saving and spending savvy, Britons are making new year’s resolutions in the hope of turning 2009 into a more financially stable one than this year.

Is it time you left your high street bank for a credit union?

Cash-strapped Britons who are unable to obtain credit from their high street bank or building society may find it useful to join a credit union. Such organisations can offer lower interest loans and higher performing current accounts and are becoming increasingly popular within the UK.