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... 

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... 

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 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... 

The Co-Operative bank has today announced that it is freezing overdraft fees for the the first three months of the year.  The move is designed to save customers who have an agreed over draft with the bank money during the first quarter of the year when traditionally many are still paying off their debts after the Christmas period. The Co-Operative bank currently has 1.5 million customers and is the... 

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,... 

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... 

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... 

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... 

The Government has today announced that it is freezing Council Tax for another year in a bid to help struggling households up and down the country.  Today’s announcement may be seen as headline grabbing by the Conservatives, and may in fact have little or no effect on households up and down the country, as household disposable income becomes squeezed further with sharp rises in the pipeline... 

In the past, many of us were reluctant to switch our current account from one Bank to another.   It seemed like a stressful and unnecessary ordeal.  After all, all banks seemed to be the same, offering the same service and gave us an ability to get our hands on our money quickly.  Banks were seen as the guardians of our money.  They kept it safe until we needed access to it.  We had a healthy... 

Many of us have more than one loan.  We tend to have a few loans  running at the same time, these could be credit card’s, motor loan and possibly a personal loan.  On many of these different products, it is likely that you are paying different rates of interest, and in many cases if these loans are small, then they tend to be quite high.  However this is one way in which you could potentially...