Figures published earlier this month indicate that there are 2.8m workers who have been put on short-time working or have had their overtime cut, and many are trying to make up the shortfall.
Kate Philip, a chartered financial planner with adviser Independent Women in Edinburgh, says: 'We are seeing more clients with [...]
British Gas and ScottishPower both recently posted bumper annual profits. Although British Gas did cut prices this month, any hopes of an ensuing price war have been crushed. Only one other provider, First Utility, followed suit.
Experts believe that other firms are delaying price cuts until the expensive winter bills have been paid, which means [...]
Financial Mail has learnt that a 'severe shortfall' is predicted between the sum savers poured in - and which it is supposed to return, plus interest, at the end of a fixed term - and the value of the company's assets.
It is expected that investors who receive regular income will cease to get [...]
It says pensioners have been overcharged up to £450m in tax - a cruel blow for those struggling to survive on a tiny pension and savings paying virtually no interest.
The Public Accounts Committee said pensioners are 'poorly served' by HM Revenue and Customs. Its chairman, Tory MP Edward Leigh, said: 'The truth is that [...]
The numbers Figures from profits at British Gas came within the results reported by parent company Centrica. Across the whole group, Centrica made £1.86bn in the previous 12 month 7% lower than the year before. But the losses were eased by a whopping 58% spike at from British Gas' residential supply business [...]
The grants, which represent a 25% discount, will be available from January 2011 when a range of eligible vehicles are expected to be available. Among the first cars to qualify will be so-called 'plug-in' petrol-electric hybrids, which are charged from the mains but also have a conventional petrol or diesel [...]
On April 6, the ways we save for our old age will change for ever. Anyone currently under state retirement age will be hit by the most wide-ranging set of reforms since the state earnings related pension was introduced in 1978.
But while the changes will help women, carers and those on low incomes, huge [...]
My winnings are, and will be, automatically reinvested in further Premium Bonds until I reach the maximum holding of £30,000. As a result, I am sitting on a growing pile of paper certificates.Is there any way I can consolidate these into a single holding without having to cash them in and reinvest them, thus missing [...]
Figures revealing changes to bills from April highlight a huge gap between the price charged for those with a meter and those without.
The gap, which can be more than £300 a year, will increase for most customers under price changes agreed for the next five years.
The move is part of concerted pressure by the [...]
Next month will see a flood of new cash Isa products hit the market as providers vie to grab customers for the new tax year.
Barclays, Nationwide Building Society and Halifax are among the banks and building societies that usually try to reach the top spot in the best-buy tables with headline-grabbing rates. But in [...]
© 2008 Daily Financial News