July 2007 Finance News Archive

• Should broadband customer bundle their services? [31.07.07]
  More and more people in the UK are opting to have broadband installed in their homes, and this is because the cost of broadband, coupled with increased internet speed, now offer great value for money to consumers
• Ofcom to monitor price comparison websites [25.07.07]
  The UK's communications regulator Ofcom has announced that is will be monitoring price comparison sites that enable consumers to try and find the cheapest broadband and phone providers.
• Mortgage fees heading same way as bank fees [24.07.07]
  Over the past few months banks in the UK have been facing huge financial losses over the scandal involving bank charges, where customers have been charged up to forty pounds for each fee for going over the overdraft limit or for returned cheques and direct debits.
• Internet service provider policies not clear enough [19.07.07]
  Members of the trade association for Internet Service Providers have been warned that their fair use policies are nowhere near clear enough.
• Interest in fixed rates continues to rise [17.07.07]
  With another interest rate rise looming on the horizon in the very near future, many lenders have reported continued growth and interest in fixed rate mortgages amongst homeowners looking to stabilize their financial outgoings, as well as first time buyers looking to ease the financial strain of interest rate rises.
• Good news and bad news for BT customers [16.07.07]
  BT has introduced new pricing that will see some customers benefit from cheaper pricing on call packages but will see others having to pay more for each call that they make.
• Profits soar for cheapest energy provider [15.07.07]
  There has been a 45 percent increase in profits for the energy provider that is said to be Britain's cheapest provider of gas and electricity.
• Penalty points will not affect insurance premiums [15.07.07]
  Over the years motorists in the UK have seen their insurance premiums shoot up for the smallest misdemeanour, but there is some good news on the horizon for those that have been clocking up points through speeding.
• Millions paid out by insurance customers to cover fraud [11.07.07]
  Insurance fraud has always been a big problem in the UK, and it seems that the honest people that do not defraud their insurance companies could actually be paying the price for those that do.
• Mortgage levels cooling down [11.07.07]
  For many experts is has come as no surprise that mortgage levels appear to be cooling down, with rocketing house prices and rising interest rates finally taking their toll on the mortgage market in the UK.
• If you love your garden check your home insurance [10.07.07]
  As consumers in the UK gear up for a summer filled with lazy days in the garden, the chance to do a little landscaping and gardening, and fun filled barbeques, insurance experts are warning that they should check and make sure that their garden is actually covered on their home insurance.
• Icesave £3 billion up, ING £3 billion down [09.07.07]
  According to recent reports the recently launched Icesave, which is part of Iceland's Landsbanki, has smashed through the £3 billion barrier, enjoying huge success since its launch in October of last year.
• If you are getting married sort out your insurance [06.07.07]
  As we enter into the summer season many couples will be preparing for their big day, having arranged summer weddings filled with romance, warmth, beauty, and excitement.
• Overpayments netting a fortune for energy suppliers [06.07.07]
  According to recent reports more and more consumers are getting angry with energy suppliers such as British Gas because, despite quite substantial cuts in the cost of energy, they are still being overcharged on their payments.
• Problems for Woolwich account holders [05.07.07]
  Following the recent decision by Barclays to transfer all accounts from its subsidiary the Woolwich to the main Barclays operation chaos has struck with many customers finding themselves unable to gain access to their own accounts.
• Millions switched energy supplier last year [05.07.07]
  According to recent figures released by Ofgem, a huge number of consumers in the UK decided to switch their energy supplier last year compared to the previous year.
• Fiftieth Premium Bonds birthday enjoys continued success [01.07.07]
  The fiftieth birthday celebrations of the popular Premium Bonds is still enjoying great success, with many people in the UK flocking to take out bonds in the hope of becoming a big jackpot winner.
• Energy giants are raking it in [01.07.07]
  Despite the recent price cuts in gas and electricity prices from the UK's leading suppliers, these companies are still raking in the profits, charging consumers enough money on energy to see profits go through the roof.