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Give your cash a hard workout

Kate Murray of the Principality on the mutual’s new Money Workout projectRead

Savers dealt a blow as interest is cut on National Savings & Investments

SAVERS have been dealt a further blow after Government-backed National Savings & Investments (NS&I;) cut the interest rate on a key savings account.Read

High inflation hits families’ ability to save

FAMILIES in the UK are struggling to build up their savings as the impact of inflation puts pressure on incomes and debt levels, according to new research.Read

POUNDNOTES

NEWS of stalling profits at supermarket giant Tesco stunned the stock market, but small investors are piling in on the assumption good times will return.Read

Gas

Energy consumers missing out on savings by refusing to switch

Energy consumers in South Wales are missing out on potentially huge savings by not switching providers, a new report says today.Read

Tax office offers ‘come clean’ deal

TOUGHER procedures to tackle serious tax fraud will be introduced this month, meaning those who refuse to sign a civil contract detailing their wrongdoing could end up facing a criminal prosecution, HM Revenue and Customs (HMRC) has warned.Read

Average credit card spend falls 4% – Santander

AVERAGE credit card spend has fallen 4% over the past 12 months, according to an analysis of customer spend data by Santander Credit Cards.Read

Put your estate in order with a will

Barclay Sansom of the Principality of the importance of making a willRead

‘The eurozone crisis has strengthened sterling’s value’

Jeremy Gates looks at the nation’s money issues and reports on how the pound has shown signs of strengthening against the euroRead

Consumers fail to take the bait over Christmas

HEAVY discounting over Christmas failed to entice shoppers into splashing out as consumer spending fell in December both on a monthly and a yearly basis, figures from Visa show.Read

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COMPETITION in the personal loans market has intensified over the new year, with one deal to borrow £10,000 offering the lowest rate in four years, Moneyfacts has found.Read

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MANY of tomorrow’s pensioners will become self-employed consultants, online traders or run odd-job businesses to make ends meet in retirement, according to research.Read

Young men are the best savers in the country, says NS&I;

YOUNG males are among Britain’s most dedicated group of savers, according to new data.Read

Only one in five know extent of new savings safety net

ONLY one in five people knows how much of their cash would be protected if their bank or building society went under, the savings safety net said on the anniversary the new limit was put in place.Read

Christmas debt

Young adults struggling with finances turn to new type of insolvency

The bleak financial situation faced by the younger generation was laid bare yesterday with figures showing more people aged between 25 and 34 are turning to a type of insolvency than any other group.Read

TWO new fixed-term deposits for private investors have been launched by Investec Bank.

A one-year fixed-term deposit and a two-year fixed-term deposit are permanent additions to Investec’s existing product range, and currently pay 3.55% gross and 4.00% gross respectively.Read

Save money by picking the right way to spend abroad, says Office of Fair Trading

A FAMILY of four on a two-week holiday in the Mediterranean costing 2,500 (£2,180) could save anything from £63 to £111 by carefully handling the way they change their currency and use cards, the OFT has said.Read

Homebuyers need to find the best mortgage deal to get through a rocky 2012

Jeremy Gates looks at the nation’s money issues and investigates the best mortgages to get homebuyers through an expected rocky 2012Read

Cheque guarantee cards will not be reintroduced, says Payment Council

CHEQUE guarantee cards will not be reintroduced, the body which oversees payments said yesterday, after finding the scheme’s closure had a “minimal impact” on consumers and businesses.Read

Mortgages even harder to find if review is enforced

INCOME will have to be verified as part of every mortgage application, as part of a shake-up of the market unveiled this week.Read