Some 73 per cent of parents admit that they do not encourage their children to save money given as Christmas presents.
Category: Banks
MoneyExpert: N&P Introduces New Current Account Rate
Those looking to review their finances and compare current account rates in the new year could benefit from a new tier from Norwich and Peterborough Building Society (N&P).
MoneyExpert: Average FTB House Price ‘up By 11%’
Potential homeowners are being alerted to new research which finds that the average house price paid by a first-time buyer (FTB) has increased by 11 per cent since 2005.
This Is Money: Barclays Pays Savers 12.5%
Barclays has again upped the stakes in the savings war, raising the rate on its linked Regular Saver account by 25% to 12.5%
Scotsman: 30,000 People To Go Bankrupt By April
THIRTY thousand people are expected to go bankrupt in the first three months of this year as overspending at Christmas takes it toll, finance experts have warned.
This Is Money: Two More £1m Bonds Winners
Two woman will be enjoying a very happy new year after winning the first £1m Premium Bond prizes for 2007
This Is Money: Banks Clean Up On Overdrafts
Banks are sharply increasing the interest they charge on overdrafts. RBS-NatWest is putting up its average rate to 17.44% from today
Scotsman: A Growing Interest In Value Of Money
FIONA Hall opened savings accounts for her children Mathew and Rachel when they were babies. The children, now aged 10 and eight, have been saving with Halifax Bank of Scotland ever since, writes Lindsey Rogerson.
MoneyExpert: Mortgage Lending Hits Monthly Record
Gross mortgage lending for November 2006 hit record levels, it has emerged, reaching £21.4 billion.
MoneyExpert: Over A Third Of Brits Now Bank Online
The amount of people who conduct their banking via the internet has almost doubled in the past four years, it has emerged.