Archive for January, 2012

Buying Frozen Produces Significant Cost Savings

Posted in Money Saving on Tuesday, January 31st, 2012 at 15:43 by Martyn Shaw.

A new study just released by Sheffield Hallam University has revealed that families choosing to buy frozen foods instead of their fresh equivalents can save a significant amount of money – up to several hundred pounds each year in some cases.

Pension Projections Grim for Younger Workers

Posted in Money Saving, Savings & Investments on Tuesday, January 24th, 2012 at 10:50 by Martyn Shaw.

According to actuaries, pensions for workers in the private sector are likely to be far worse in the future than they are today.  Those who are 60 can now expect a retirement income of about £21,000 on average, assuming they have been enrolled in an excellent pension scheme – one with defined benefits instead of [...]

Electricity Price War Spreads to E.ON

Posted in Banking on Tuesday, January 17th, 2012 at 11:41 by Jessica Haynes.

In welcome news for cash-strapped Britons, energy supplier E.ON has announced a reduction in electricity prices.

Virgin Money Offers Easy Access Saver Account

Posted in Banking on Tuesday, January 10th, 2012 at 11:16 by Jessica Haynes.

Now that Virgin Money has completed its acquisition of former rival Northern Rock, the bank is beginning to launch new financial products.  One of its initial offerings is the Virgin Easy Access Saver account, which requires virtually no balance to begin earning interest funds; accounts of merely £1 will qualify for interest payments.  The current [...]

New Customers of Virgin Money to pay Fees

Posted in Banking on Tuesday, January 3rd, 2012 at 11:00 by Jessica Haynes.

Banking customers are concerned about plans announced by Virgin Money bank, which will begin assessing a monthly fee of £5 on new current accounts.