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News that affects your wallet
UK businesses are putting the breaks on their employment operations amidst the Eurozone crisis, the Chartered Institute of Personnel and Development (CIPD) has revealed. Read More
By Editorial Team Posted 13th November 2011
SSE hikes energy prices by 18%
Scottish & Southern Energy (SSE) today announced price hikes of 11% on electricity and 18% on gas – becoming the third of the ‘big six’ suppliers to increase prices. Read More
British Gas hikes prices by 18%
Energy giant British Gas last week announced price hikes of 18% on gas and 16% on electricity. Read More
Bank of England holds interest rates at 0.5%
The Bank of England again announced its decision to hold the Base Rate at a record low of 0.5% for the 28th consecutive month. Read More
Energy firm hikes prices by shocking 20%
In a shock move, ScottishPower has announced plans to increase its retail gas prices by 19% and electricity by 10%. Read More
Tesco to enter mortgage market this year
Supermarket giant Tesco plans to launch a range of mortgages this year despite a lacklustre performance in the UK. Read More
How the Budget affects your wallet
Brits could face lower income tax bills and cheaper fuel costs following today’s Budget. We take a closer look at what Chancellor George Osborne’s speech will mean for your bank balance. Read More
Inflation soars to 4%
Inflation hit 4% last month under the Consumer Price Index (CPI) increasing pressure on the Bank of England to raise interest rates. Read More
Double dip fears as economy shrinks 0.5%
The economy shrank by 0.5% in the final quarter of 2010 according to shock figures from the Office for National Statistics (ONS). Read More
The week in review
This week: former Labour MP David Chaytor jailed over expenses fraud, credit card users double-charged on New Year’s Eve and protection for savers increases to £85,000. Read More
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