Archive for the 'World Markets' Category

10 Mar

How to complain about phone companies

They send wrong bills, ignore complaints, fail to return calls and leave us on hold for hours.
Today, on behalf of millions of frustrated readers, Money Mail asks the telecoms giants... Is Anyone Listening?Thousands of you contact us each year at your wits' end because our biggest companies make it so difficult to resolve even the [...]

01 Mar

First Direct 3.99% first-time buyer tracker

The mortgage tracks the base rate plus 3.49% for the life of the loan and has a £499 arrangement fee. Unlike most of First Direct's other mortgages this does not have an offset facility, however, it does come with no early repayment charges. This is Money says: First [...]

27 Feb

5 ways to hit back at greedy energy giants

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 [...]

27 Feb

Will I get my money back from Lifemark?

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 [...]

25 Feb

British Gas profits: Will energy bills fall?

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 – [...]

21 Feb

Delays still plague Isa transfers

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 [...]

17 Feb

The UK’s uninsured driver hotspots

Listed below are the ten areas with the highest proportion of uninsured driver convictions. With uninsured driver accidents becoming an increasingly big problem for both motorists and insurers, price comparison website Moneysupermarket.com analysed almost 3 million car insurance quotes over a year and identified the places with the highest convictions. [...]

16 Feb

How to make the most of a cash Isa

An interest rate of 2.5% in a cash Isa is the same as earning 3.12% before tax in any other account.
In fact, higher-rate taxpayers would need to get 4.16% to match this in any other savings account, because they have to pay extra tax on their interest.
There are hundreds of cash Isas at banks [...]

08 Feb

I’m pregnant - can I get a mortgage?

We haven't found the right property yet, but ideally will want to move before I give birth. Our mortgage would be dependent on both our incomes, which are about equal. Obviously, I'll take take maternity leave, but I do plan on returning to work. From our point of [...]

05 Feb

Bonds for all plan flops in its first week

Because interest rates are at record lows there is massive demand from private savers to invest in these bonds, which are issued by companies. The price of the bond is repaid at the end of a fixed period and interest - known as the coupon - is paid every year.
The coupon is invariably higher [...]

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