Premium Bonds maximum investment increased to £50,000

Customers will be able to invest a further £10,000 in Premium Bonds from Monday 1 June 2015 after the maximum holding limit was increased from £40,000 to £50,000. The change follows the Chancellor’s announcement in the 2014 Budget that NS&I would help support savers by increasing the Premium Bonds investment limit. It comes 12 months […]

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Holidaymakers urged to check their car insurance before driving abroad this summer

M&S Bank is urging British motorists to check their car insurance policy before hitting the roads this summer after research revealed that nearly  one  in  ten (nine per cent) are planning to drive their car in the European Union (EU) over the next 12 months. The M&S Bank research  revealed that of those that are planning to drive their car […]

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Fuel poverty leaves millions of homes cut-off from basic energy supply

Millions of people are regularly being cut-off from their basic gas and electricity supplies because they can’t afford to top-up pre-paid meters, according to research* from the debt advisory centre. A quarter of people questioned were reliant on pre-pay meters in their homes because they have experienced problems paying their bills or need help to manage […]

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UK rental costs hit new high

Private rents across England and Wales have reached a record high average of £774 a month with costs currently rising at between 5% to 8% per year. The cost of monthly rental payments were up 4.6% in April compared to the same time last year – the fastest annual increase since November 2010 – while they […]

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Failure to leave a will can lead to family feuds

An estimated 1 million Brits have had a serious family argument after a loved-one has passed away with no will in place, according to new research by Macmillan Cancer Support. Of those that said that they’d had a family feud over a will, nearly a fifth said that it had gone on to break up […]

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More than one in seven set to retire in 2015 with no pension

More than one in seven people planning to retire this year have no pension savings, and will either be totally or heavily dependent on the State Pension as their only source of regular retirement income, according to research by Prudential. In its study tracking the future plans of people who plan to retire this year, the insurer […]

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Public backs lower drink drive limits for young drivers

New research from Direct Line Car Insurance reveals 50 per cent of UK adults are in favour of a ‘tiered’ drink driving system, which imposes lower limits for young and novice drivers. The UK’s ‘universal’ approach to drink driving limits contrasts markedly with many other leading European nations including Germany, Spain, Italy and the Netherlands, […]

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Four out of ten people have extended their home in the last two years

Extending living space has become increasingly attractive to Britain’s homeowners over the past couple of years.  New findings from Sainsbury’s Home Insurance indicates extensions to the rear and side of properties have been the most popular kind of residential extension over the past 24 months, with almost a third (31%) people who have extended their […]

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Brits oblivious to euro crisis

With over half of the UK population planning one or more European holidays this year, new research from pre-paid currency card company, Caxton FX, reveals that Brits are clueless when it comes to their knowledge of the current state of the Euro. Over half (52 per cent) did not feel that instability within Europe would […]

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Pension reforms one month on – more online help for consumers

At the beginning of April the media went into overdrive speculating what would happen when people were given greater access to their pension cash, but it seems that the scare stories of people splurging their pension pot on fast cars and expensive holidays were well wide of the mark. Having spoken to some of the […]

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