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Disposable Income Figures Show Gap Narrowing
The research from KBD has also revealed the full extent of the north-south financial divide.
Taking the UK as a whole, the typical household has some £40,000 of disposable wealth, but this figure oscillates wildly depending on where you look – and indeed where you live.
An average London family will possess £81,732 in readily-accessible cash, while the Midlands sees this figure reduced to £31,939 and Scots find themselves cut somewhat adrift with a typical £29,724 waiti...
The Short Break Solution
Whether it is due to a dislike of rushing to make tight connecting flights, crowed airports or a simple fear of flying, increasing numbers of travellers simply don’t want to get fly long distances by airplane. International terrorism, bird flu, language barriers and the risk of getting 'Delhi belly' are also contributing to a boost in the UK domestic tourism industry with the market now estimated to be worth over £59 billion per annum.
Figures show that travellers who pref...
Blue Skies For Extreme Sports
Ample leisure time allows for a raft of thrilling experiences inducing different degrees of adrenaline rush from balloon rides to freefall parachuting.
Unpredictable UK weather conditions can be a bit of a stumbling block but add a small slice of sun to the equation and the whole extreme sports arena suddenly opens up to encompass many more attractive propositions. A hot air balloon at dawn across the Arizona desert holds a much broader appeal than, say, one over the flats...
Doorstep Lenders Receiving Unwanted Interest
Unwanted interest has come from sources including industry regulator, the Competition Commission (CC), following an Office of Fair Trading (OFT) investigation which was in turn sparked by a super-complaint lodged by the National Consumer Council (NCC).
Doorstep loans offer small short-term loans to people who are on low incomes or without access to bank accounts, with repayments being collected weekly or fortnightly by collectors who directly call at the customer's homes.
...
Housing Market Cools But More Needs To Be Done To Assist Buyers
The figures show that house price inflation slowed to only 0.1% in April, significantly slower when compared with a 1.1% increase for March, and the annual house price change fell to 4.8% in April from 5.3% in March, leading to an average UK house price increase of £1490 to £163,573, from £162,083, up by nearly £7,500 more than at this time last year. This is equivalent to a price increase of more than £20 per day over the last twelve months.
According to Nationwide's Grou...
Payday Loans Could Cushion Savings Fall
Consumers in this country saved an average of £495 each over the first three months of this year, the research found – a far cry from the £680 which was being typically hoarded in the final quarter of 2005, perhaps influenced in part by the onset of the inevitably costly festive season.
Men have fared somewhat better so far this year when it comes to being disciplined and stocking up for the future – saving £594 on average in comparison with women's relatively paltry £403....
Gift Ideas For Father's Day, 18 June 2006
Dads, and in fact men in general, are notoriously difficult to buy for. And Father's Day is a tricky one – it's not as personal as a birthday, but you can't really ignore your dad on the day when every other father in the land is getting a new tie. The secret of a good Father's Day gift lies in thoughtfulness. You may not feel comfortable telling your dad that you love him, or that you are grateful for all that he does for you, but you can express a great deal with a hand-mad...
Adverse Credit Boom Prompts Questions
Over the last year, there’s been a flurry of product launches, as lenders pile into this nascent market. Some of the new entrants in 2005 included the Bristol & West, Victoria Mortgages and Beacon Homeloans, while investment banks Deutsche Bank and Morgan Stanley are in the process of setting out their stalls. And the trend looks set to continue during 2006; with personal debt now topping the £1 trillion mark, it would seem that there’s room for the adverse market to grow and...
Turn Marathon Misery Into Triathlon Success
Now the dust has - just - settled on the streets of the London Marathon let's spare a thought for all those non-runners. Even before the race start, competition was keen with over 50,000 disappointed applicants unable to take part and the situation is no different across all the World Marathon Majors.
But if you're still serious about testing your body to its limits, a triathlon event can be an interesting and much more accessible option with less pressure on places. The t...
Debit Card Stats Outline Payday Loan Flexibility
Research from Apacs released earlier this week provided the news that debit card purchases have, for the first time in history, outstripped cash spending in terms of the amount of money splashed out – underlining the flexibility which people today appreciate when it comes to making everyday buys.
The figures showed that in 2005 people spent some £89 billion using debit cards, which was a significant increase of nine per cent on the previous year's amount and eclipsed the c...
How To Choose The Right Phone And Keep Up With The Times
I've been in need of a new phone for a while - my phone is like a brick that I carry around in my handbag. I've seen a lot of good phones that my friends and workmates have, but I really didn’t know which phone would be the best for me. I want my phone to look cool and respectable, so that my friends and guys think it's cool, but I also want a phone that does everything I want it to, without being too confusing.
I want a phone that has an alarm and a reminder on it - it is...
Frankfurt Is The First World Cup Venue For England, How Will You Be Getting There?
It’s the end of another four year wait – the World Cup has rolled around again and this time we’re off to Germany. On Saturday the 10th of July in Frankfurt, at 3.00pm, England will kick off against Paraguay in the FIFA World Cup group B and now is the time to ask yourself: where will you be?
Frankfurt has a 48000 seat capacity stadium, protected by a translucent roof allowing that early afternoon light to illuminate the players – so capacity crowds can be expected. Let’s ...
What Everyone At Risk Of Home Repossession Needs To Know!
Anyone who owned property during the last house price crash in the early 1990s will remember constant headlines about negative equity and home repossession. Between 1990 and 1996 over a million individuals experienced mortgage repossession as they struggled with mortgage payments when interest rates doubled.
A lot has changed since then. The U.K. economy is much more stable, we live in a low-inflation environment and the Chancellor’s decision to pass responsibility for se...
Comparison Sites Attributing To A Higher Level Of Online Sales
What is the attraction and value of these for users and what are retailers and service providers finding them a useful tool as they strive for online sales?
The online retail sector for products and services has been buoyant for a number of years and the level of resource and funding that major retailers dedicate to the online market surges with each turn of the calendar. As the online marketplace has developed, the consumer offerings have become increasingly sophisticated...
Reform Aimed At Personal Finance And UK Savings
The Pensions Policy Institute (PPI) has issued a report which supports the Pension Commission's recent demand for reform in the structure of the basic state pension. In fact the report goes further than simply backing the report, it calls for reforms to be implemented more rapidly than the Commission has recommended.
Essentially, the reforms that are proposed are for simplifications to be made to the current variations in available state pensions for those who are eligible...
With Credit Cards Hitting Hardest, UK Consumers Tax Themselves With Penalty Charges On Personal Finance Options
A rise in costs for users of any financial service usually results in public outcry, why is it then that so many of those same consumers allow penalty fees and charges to accrue on their credit cards, when the problem could so easily be avoided?
The financial groups Defaqto and MoneyExpert have released a report in which the startling figure that one in five consumers have had to pay just such a charge, and while credit cards were the worst offender, a number of different ...
Debt Management For The Normal Joe
In today’s money orientated society it is hard to pursue your life’s need and desires without that big salary that we all wish we could earn. On a normal monthly salary it’s usually just manageable to feed and clothe the family and pay the bills. So when a minor crisis such as a non-serious car crash, or the washing machine breaking down can be turned in a mountain sized problem if you just don’t have the cash to sort it.
The question is: what can I do to solve my little c...
Excessive Bank Account And Credit Card Charges Attacked As Unfair And Possibly Illegal
One missed credit card payment, or going overdrawn without permission, and suddenly a £30 charge can be incurred. Bank charges can seem unfair and too harsh given the frequently tiny amounts of unauthorized borrowing involved. Now it seems that the law could be in agreement.
Following on from an investigation launched in October 2003, eight major credit card companies were told in July 05 by the Office of Fair Trading (OFT) that the charges they levy for late payments wer...
Navigating Insurance For Students And Searching Out The Right Financial Solution For UK Parents
Students are often portrayed as being lazy, indolent, or, perhaps most damningly of all: scruffy. But today’s students are often more active and involved than their parents, and they demand the rewards that come with this behaviour. Valuable pieces of equipment are de rigueur in many of the UK’s student halls; parents having lavished attention upon their offspring in the form of gifts, money and, increasingly, credit cards – cards immediately used to go out and purchase more ...
Mobile Phone Shops Offer The Best Deals Online
In light of the high street outlets offering better deals than the networks, exactly where should we be looking for the best mobile phone deals?
As soon as something closes in your High Street or shopping centre you can be almost certain that a few short weeks later it will reopen as a mobile phone shop. Such is the proliferation of mobile phones in recent years that we have created a distinct retail industry within the last ten years. Business is clearly booming for every...
How To Find Cheap Mobile Phone Deals
With such a competitive marketplace offering so many variations on the same theme and the market becoming cost led how does the consumer find the best cheap mobile phone deal?
The seemingly ubiquitous mobile phone has become an indispensable item. A market which was almost niche as little as 10 years ago is quickly heading for saturation and the price of mobile phones is falling even as technologies and features develop. Everyone has one – from the kids in the playground t...
Alicante Is More Than Merely A Runway
Alicante is perhaps best known as the gateway to the Costa Blanca, famed more for its airport than for the tourist trapping provided by more familiar neighbours, Benidorm and Denia. Most visitors to Alicante use the town as an arrival and departure point, not stopping long enough to see what the area has to offer. But whilst the bright lights of the aforementioned neighbours beckon for most, Alicante is beginning to garner a reputation for having more to offer than the bigges...
An Alternative To Using An Estate Agent To Sell Your Property
Traditionally, anyone with a house to sell in the U.K. would use an Estate Agent. As they were ranked 2nd in a Radio 4 poll of “least respected workers” (M.P.’s were 1st!), for many people they are seen as a necessary evil.
A small minority of people manage to sell their house privately by doing their own advertising and putting up their own For Sale board, but as their property does not appear in the Estate Agent’s press adverts or websites, this is very much a hit and mi...
There's More To Malaga Than Just An Airport
Malaga is famed as one of Europe’s top locations for the more discerning tourist. With much to offer the golfer, yachtsman or shopper, Malaga is renowned as a high class sunshine spot. Although the attractions of Malaga are ample and virtuous, there is little in the Spanish resort to occupy the more inquisitive mind.
The city of Malaga offers plenty to while away the hours over the course of a weekend or short break. But venturing further into Southern Andalucia can be a r...
The UK House Market And How To Survive It
According to the Nationwide Building Society, the UK housing market has made a "strong start" in 2006, with the biggest rise in house prices for 18 months, rising by 1.4% in January. This was seen by the Nationwide as part of a “strengthening trend” since October, with confidence returning to the housing market, but the high price rises of 2004 were not expected to return.
Jeremy Leaf of the Royal Institution of Chartered Surveyors said, ‘The housing market is definitely ...
Judging The Hidden Costs Of Credit Cards
Recent reports from CreditAction and the National Debtline appear to show that UK consumers are becoming more financially aware and are looking to reduce their levels of personal debt which have spiraled seemingly out of control over the past few years.
Despite the industry wide introduction last year of the "honesty box" in all credit card statements designed to outline the costs of loans and any additional charges, it seems that the activities of some of the financial s...
UK Consumers Start Clawing Their Way Out Of The Financial Debt Pit
Another year ended, and another round of UK debt statistics. CreditAction has just announced the latest summing up of the personal debt situation in the UK.
Their figures show that the end of 2005 has seen the total level of personal debt rise to an astounding £1,158bn, an increase of £100bn compared with the same time last year, and this debt is increasing at a rate of £1m every 4 minutes.
These levels of debt affect everyone in the country, and have become a way of l...
Football Fans Can Get To See All Of The Games This Year
The ever-increasing season ticket prices means a lot of fans struggle to watch all of their team’s matches. With the price of even just a championship season ticket being around £400 most fans can struggle to foot the bill, even if their team isn’t in the expensive premiership. This will mean that football’s best fans wont be able to support their team, just simply because they can’t afford it.
But football fans have been offered a new solution. Barclays bank (sponsor of t...
Total Eclipse Of The Sun Expected In March
A total solar eclipse, one of the earth's most unique phenomena is when the Moon passes between the Earth and the Sun, its shadow hitting the Earth and blocking out the Sun. If you're lucky enough to be in the path taken by the centre of that shadow, the Moon will align itself exactly with the sun, blocking it entirely and you'll see a total eclipse.
Outside of the path of totality, although a staggering 95% of the Sun is still obscured, the effect of the eclipse is not n...
The Long Financial Winter – Protect Your Home
This time of year is always financially hard for families who may have over spent between Christmas and the New Year. Last year house repossessions in the 1st half of the year were 33% higher than at the end of the year. The Council of Mortgage Lenders stated that “The number of properties taken into possession rose from 3070 in the second half of 2004 to 4640 at the start of 2005”
Don’t fall into the trap of taking out credit to avoid mortgage arrears
Many home owners...
A Cornish Walk - Pentire Point And Rumps Point
There’s nothing that quite compares to a bracing winter walk. During summer, the sea might be more enticing, you can stop off for numerous ice creams en route and meander in shorts and t-shirt as the sun warms your skin; but at the same time, it’s hot, clammy, you’re often jostling for position on the busy coast path, and parking at the start of the route can be somewhat problematic. No such problem today. We snare one of many available free seaside spaces in New Polzeath, an...
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