We’re all aware of the increasing prices of food, fuel etc., as well as the difficulty in finding low mortgage rates (despite the Bank of England base rate falling recently, we can blame the credit crunch for the tougher borrowing conditions). One of the worries is that as these costs increase, more and more people […]
Category: Featured
Energy Prices Expected To Rise By 20-35%
If you thought that the price of your gas and electricity couldn’t get any higher, then think again. It is predicted that there will be more energy price rises this Summer and Autumn, heaping more misery on us poor consumers. So what can you do to limit the effect of these rises? Well, firstly, it’s […]
Which Of These 5 Budgeting Systems Do You Use?
Blueprint for Financial Prosperity recently wrote a post which gave a brief look at 5 different budgeting systems. Here is a summary of the different methods mentioned, along with my own thoughts on each of them. Envelope budgeting – not tried this one myself yet, it’s where you put an amount of money in an […]
New Tax Rules: How Much Tax Will You Pay?
UPDATE 24th November 2008: If you’re looking for information on the latest changes to tax rates announced today, please see our post on the pre-Budget report key points. Last year, in How Much Tax Will I Pay?, I wrote about SimplePound’s useful Excel spreadsheet which helped calculate how much Income Tax and National Insurance you’ll […]
Banks Lose Charges Court Case
If you’ve seen today’s new you’ll likely already know that the 7 banks and 1 building society who were taken to court by the Office of Fair Trading (OFT) have lost their case. In the long-running saga, this ruling by the courts is really only the start for the OFT – although the judge ruled […]
Bank Charge Court Case Result: Thursday 24th April
It looks as if the long-awaited result to the bank charge court case will be annouced this Thursday, 24th April. If you recall, last year the Office of Fair Trading (OFT) started a court case against 7 different banks and building societies, to decide whether it can claim that their charges are unlawful under unfair […]
Now On Twitter
If you’re a fan of the “microblogging” tool Twitter, you can now keep in touch with the latest updates to Money Watch there. A link to all new posts will appear there, plus I’ll also be posting some titbits of information, thoughts and views that perhaps don’t warrant a full post here on the […]
Happy New Tax Year!
I hope you’ve had a great New Tax Year’s Day! What makes today so special? Well, you now have a brand new ISA allowance to play with – and this year the government has generously increased the maximum amount you can pay into your ISA to a whopping £7,200, yes, that’s a massive £200 more […]
New British Coins Revealed: What Do You Think?
Been a bit quiet on the old blogging front here at Money Watch for the last couple of weeks, so here’s a little subject to get us back in the groove. Following a design competition started back in 2005, The Royal Mint has today released the designs for the new British coins, which are due […]
ISA Deadline Approaching: Have You Used Your Allowance?
With just 11 days left until the end of this tax year (Saturday 5th April 2008), have you used your Individual Savings Account allowance for this year? From my experience, there will be people reading this who have no idea what an ISA is, there will be those who know what they are, but do […]