Archive for July, 2008

Struggling Brits ‘stick with debit cards’

by on July 2nd, 2008

TweetShareAs British consumers continue to struggle with debt management problems they are tending to stick to spending on their debit cards, according to the latest figures. Data compiled by the UK’s payment association Apacs has shown that around 62 per cent of all the spending on plastic last year was done on debit cards. Indeed, [...]

Credit card cash advances “absolute no no”

by on July 2nd, 2008

TweetShareUsing a credit card to gain a cash advance should be an “absolute no no”, it has been suggested. According to Moneynet.co.uk the cost of taking out extra cash via a credit card has risen by around 5.5 per cent over the course of the past two years and should be avoided. By using a [...]

Renovation ‘boom’ as Brits look to stay put

by on July 1st, 2008

TweetShareThere has been something of a boom in home renovations as an increasing number of people look to improve their own property rather than buy a new one, according to a report from LV=. Around 57 per cent of people have carried out some kind of home improvements in the past six months and around [...]

10p tax changes ‘do not go far enough’

by on July 1st, 2008

TweetShareThe changes to the tax structure that were brought in after the government u-turn on the abolition of the 10p tax rate do not go far enough to help those left out of pocket, it has been claimed. According to a Treasury committee, as many as one million British households could still lose out as [...]

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