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Why you should consider entering a pension scheme
For many people taking out a pension is not something that they would consider taking. In fact their are millions of people in the UK that have no pension scheme in place to provide them with an additional income for retirement, and for many people especially young people taking out a pension is something that is far from their minds when they enter the work force.
Why you should take out a pension.
Saving...
Recession Fears grow for the British Economy
The British Economy looks like it could have already slipped back into Recession according to the think tank the Item Club. They claimed today that Gross Domestic Product shank in the last three months of 2011, and will fall further in the first three months of 2012.
Peter Spencer, their chief economic advisor told the BBC “Consumption was very badly hit by rising inflation last year, business...
Gas Prices to fall as EDF Cuts the Price of Gas by 5%
From February this year, EDF will cut the price of Gas to customer by 5% per unit. The company had initially raised the price of Gas in November last year by 15.4% per unit and the price of Electricity by 4.5% per unit. The move is expected to help bring the cost down from other suppliers.
This is good news for many households who are currently struggling to pay for the cost of household energy...
The Universal Credit – What it is and How it effects You
The Government has recently published the Welfare Reform Bill, and the Bill is going through Parliament at the moment, and will become Law at some stage in the future. The idea behind reform to the Welfare system is to simplify the current system, and streamline the whole process. The Government argues that it can also save billions of pounds when the new system is setup as currently there are over...
Make Your Money Go Further
For many households up and down the country, money can be very tight. Unemployment is at its highest level for a generation, and very few households are seeing no real increase in their annual income. In fact Inflation for many has out striped any increase in income leaving many households worse off now than ever before. We read every were that we are living at a time when our standard of living...
The Benefits of Online Shopping
Shopping online has really taken off lately. Many households up and down the country are going online to their weekly shop at the large Supermarkets such as Tesco’s, Sainsbury’s or Asda, or purchasing larger products such as Televisions, and Washing machines right down to services such as Holidays, air fares, concert tickets, and products such as Loans and Insurance. In fact pretty...
Effects of Inflation on You and the Economy
Inflation has recently topped the 5% mark in the United Kingdom, the sharp rise has led to to calls for the Bank of England to begin to raise interest rates from it’s historic low off a half off one percent. However if the Bank begins to flex it’ s muscles and raise Interest rates, will this be enough to stop inflation rising further?
When the credit crunch started a few years ago,...
Changes in Employment Rights
There have been some changes to your rights as an employee recently. Probably the most noticeable has been the recent increase in the minimum wage, which will help lower paid workers.
However other changes have been recently implemented giving you more rights in the work place.
Agency Workers
If you are an agency worker, you will now be entitled to the same rights and conditions as permanent employees...
Save Money on Heating Bills
This winter, we could be in for a long cold snap. Just like last year. Many households up and down the country are already experiencing financial hardship, and just as the cost of heating our homes is increasing thanks to the double digit price increases announced by the energy companies, many more families will be forced to make the choice to either heat or eat.
There are a few things that we can...
Supermarket Price Wars – Will We Benefit?
It would seem that a price war has erupted on the high street with Tesco recently announcing that they are cutting the cost of thousands of everyday items to help people save money in their shopping. As a result of this clubcard points will be scaled back to one from every pound spent, as Tesco believes that customers want to see real genuine savings in the pocket.
Just recently the Daily Mail...
Is it worth Saving Money?
The Prime Minister was due to advise us to pay off our debts at the Conservative Party Conference. It is reported that he was going to say that we should pay off our own debts, and clear our credit cards. However at the last moment the speech was re-written and this was removed. We know that the present government is keen to peg down the national debt and pay off the mammoth loans that the country...
Switch your Gas and Electric to save money.
Inflation continues to run well above the the Governments 2% standard. And to make matters worse, many gas and electricity providers are due to increase the price of electricity and gas this autumn by double digits. This increase will leave many hard pressed households cash strapped and many will be forced to choose to either keep warm or feed themselves. The increase in price has been blamed...