As thousands of students around the UK struggle to manage their finances effectively, the proposal of spending as much as £60 million on a new yacht to celebrate the queen’s upcoming jubilee has been met with some considerable consternation. The National Union of Students (NUS) has pointed out that many of its members are in [...]
Parents in the UK are likely to experience a significant squeeze on their own finances as their children face up to sizeable increases in their tuition fees over the course of the next few years. Students and young people around the country were angered when the current coalition government announced its controversial decision to increase [...]
There were notably fewer recipients of the Education Maintenance Allowances (EMAs) in Scotland in the academic year 2010-2011 than was the case in the previous 12 months, according to the latest figures on the subject from the government. EMAs were first made available to young people in Scotland in 2004, with the aim of helping [...]
The number of people looking to defraud a prospective mortgage lender in the UK increased steeply last year, according to a new report on the subject from the information supply group Experian. The most common scenario in which mortgage fraud is being committed is one in which an individual aims to conceal certain facts about [...]
British holidaymakers are often finding themselves paying out considerably more than they bargained for to access their own cash while enjoying some overseas sunshine. Spain of course is the biggest draw traditionally for British sun seekers but there are additional charges being levied as millions of holidaymakers use either their credit or debit cards right [...]
The UK’s rental market continues to flourish as the housing market more broadly maintains a steady, not to say sluggish, rate of growth. According to figures put together by the financial information company Experian on the subject, there were 58,000 more properties added to the official rental market nationwide during 2011 as compared with 2010.
The online lender Wonga.com has been accused of misleading visitors to its website about the practicality of using its loan facilities as part of a sensible approach to student finance. Until recently, a page on the company’s website suggested that that its loans could help student’s manage their finances more effectively despite the fact that [...]
Fears have been raised about the knock-on effects of young people starting out their adult lives with large-scale debts hanging over their heads before they even enter the workplace. The government recently decided to increase the proportion of university tuition fees that need to be covered by the student themselves during higher education and the [...]
The savings of individuals of all income levels have been chipped away at significantly during 2011 by rising consumer prices but the impact has been most keenly felt by households in the middle-income bracket. The common refrain about middle-earners being the hardest hit by the economic downturn in the UK and elsewhere has now been [...]
The savings of individuals of all income levels have been chipped away at significantly during 2011 by rising consumer prices but the impact has been most keenly felt by households in the middle-income bracket. The common refrain about middle-earners being the hardest hit by the economic downturn in the UK and elsewhere has now been [...]
Travel money, like every other kind of money, is precious indeed at any point in the year and especially when the country’s economic prospects are spending so much of their time under cloudy skies. With that in mind it might be nice to know that there are still plenty of great places you can visit [...]
Much has been made of the decision by the government to increase the cost of university tuition fees but its impact on the student finance landscape has yet to be fully assessed and understood. And, more importantly in fact, prospective students themselves are still struggling to get to grips with how their finances are likely [...]
A majority of retirees across the UK consider saving money for the future to be their number one financial priority, with only a minority willing to splash their cash on enjoying themselves on a day-to-day basis. The finding comes from a report into the attitudes of retirees towards their money from the life insurance and [...]
Britons reckon their mid thirties to be around the best years of their life but financial optimism tends to wane considerably in the 20 years prior to turning 55, according to a new report on attitudes to money from Aviva.
Finding enough spare money or savings to set off on holiday has proven an unrealistic ambition for many cash-strapped British households in recent years and it is perhaps more important than ever to find ways of keeping holiday costs to a minimum. The good news is that there are ways to make that happen and [...]
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