Monthly Archives October 2010

Junior ISA Saves £500M

Second post of the day and I have to admit that not much work has gone into this one either. Reason being, if you type ‘junior’ into Google at the moment the top suggestion that drops down is ‘junior isa’. It’s a bit of a hot topic and there’s plenty of buzz. What started me wanting to write something was an email I received from the IFS. I’m working through some exams with them (passed one a week ago today!) so I get regular news and updates and they have released the following: London, U.K., 28 November, 2010: Financial education
Read More

UK National Debt

I was going to write an article about the national debt and where it is, who owes it to who and for what etc. but when I started my research I found out somebody has already done a far better job than I would have! So here it is: http://www.economicshelp.org/blog/uk-economy/uk-national-debt/
Read More

MBNA is a Four Letter Word

It’s a subject that makes my blood boil. Credit card rate hikes. It’s something that has gotten me very close to the point of cancelling the direct debits to one of my card issuers and refusing to accept their extortionate rate rises but that would ultimately do me more harm by tarnishing my credit file so it’s out of the question for the time being. When a rate that has been steady at about 16.9% gets massively increased to 29.9% without any justification it makes me wonder why I’ve been such a good customer all these years and never missed
Read More

Mortgage News – Santander, the Hydra Loses a Head

I haven’t been paying too much attention to the mortgage market lately because frankly it’s a little slow and somewhat tainted by stigma (having joined the industry in late 2007) but it’s been almost impossible to miss the presence of Santander. Until recently they had been dominating the results tables of mortgage research with leading rates and a wide variety of choice. Be it in the guise of Abbey or Alliance & Leicester there is no denying Santander’s aggressive stance in the mortgage arena but recently other lenders have started to pepper the top spots. Surprisingly Woolwich seem to be pricing themselves
Read More