Following the collapse of the Icelandic banks a few months ago, there seemed to be a trend towards British savers pulling their money back home, to give themselves peace of mind that their money was guaranteed under the government’s Financial Services Compensation Scheme.
Month: March 2009
Safely Stash Your Money Under Your Bed
Thinking of stashing your cash under the matress now that you’re getting a pitiful interest rate on your savings? Well, this new “Safe Bed” from Feather & Black might be just what you’re looking for.
OFT Shuts Down Fake Debt Advice Websites
The Office of Fair Trading is telling people in debt to be careful if they’re searching for debt help online, as they’ve recently ordered 11 companies to shut down “fake” debt advice websites.
Quantitative Easing. What Is It?
There’s been a lot of talk about quantitative easing today, following the news that the Bank of England (BoE) will be using it in an attempt to help the economy (along with interest rate cuts). But what is it?
Google TipJar – Rate Money Saving Tips
Just a few days ago I thought of an idea for a new site which would help sort the wheat from the chaff with money saving tips, breaking them down in to categories, such as saving around the home, saving on travel etc (a kind of “money saving directory”), which allowed users to rate and rank the tips, highlighting the most useful.
Sadly, a rather large web company has just launched a very similar idea.
Interest Rates Cut To 0.5%
The Bank of England has decided to halve the UK interest rates to a new all-time low of just 0.5%.
Poll: UK Interest Rate Decision Tomorrow
Might be a little late for this poll, but what the heck. The Bank of England will make its monthly decision on interest rates tomorrow (Thursday 5th March), with rates currently sitting at the lowest ever rate of 1%.
Rent Out Your Garage Or Parking Space
So we’ve recently learned how we can earn some cash renting out our stuff, along with how to get the best deal for our old mobile phones.
This next new tool for earning a bit of extra money looks at how you can rent out your garage or parking space.
ASDA Money Saving Videos
Supermarket ASDA is trying to embrace two current hot trends – money saving tips and social media – by launch its own TV channel on Youtube, featuring money saving idea videos.