Consumers urged to club together to bulk buy energy

Energy bills have become dramatically more expensive in recent years and in order to cut costs consumers have been invited to work together to reduce their bills. By clubbing together to purchase electricity and gas on a larger scale they can take advantage of lower prices.

The online campaigning group 38 Degrees, as well as the [...]

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Office of Fair Trading investigates extended warranties

The Office of Fair Trading recently conducted a study looking at whether consumers are getting value for money on extended warranties for electrical devices.

The OFT was concerned that customers were not getting a good deal when the extended warranty is being offered by companies.

Dan Moore, from the OFT has commented, “We want to make sure [...]

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Britain’s retail sector continues to struggle

The retail sector in the UK is continuing to struggle, with budget fashion chain Peacock’s the latest to report financial problems, hot on the heels of similar issues at well-known stores such as Black’s and La Senza.

The British Retail Consortium has warned that other retail firms could go into administration, or out of business [...]

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Study Reveals Carcinogens in Baby Products

Research carried out by a university in the US has identified a number of carcinogens in baby products.

Dr Heather Stapleton, of North Carolina’s Duke University, led a team of researchers who discovered the presence of penta, TCEP (Tris(2-chloroethyl) phosphate) and chlorinated tris in changing mats, car seats and baby carriers. Although the chemicals are used [...]

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Fraud is spiraling in the UK

New figures released this week show that the level of fraud in the UK increased by nine percent over the course of 2011, with identity fraud showing the highest increase.  Throughout the year a total of 236,500 cases were reported, which is the highest number yet according to the UK Fraud Prevention Service, CIFAS.

Almost half [...]

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Free debt advice becoming more essential

More people in the UK are seeking help from organisations which provide free debt advice, according to a new survey carried out by the Money Advice Trust.

Unsurprisingly, given the current financial situation, the number of people contacting debt helplines or seeking assistance online has increased from 1.4 million in 2010 to over 1.5 million in [...]

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Interest-free loans from council

The District Council in Eden is offering interest-free loans to people with an empty flat or house so that they can be rented out or sold. The loans can have a value of up to £15,000 and will have to be paid back over the next three years. The idea behind the loan scheme is [...]

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Online shopping is huge across the globe especially the UK

A recent report surveyed over 10,000 adults from more than 30 countries and found that all around the world new technologies are being adopted at a very fast pace. This  suggests that there is a change in the commercial landscape and the lifestyles of consumers all around the world.

One of the most interesting figures was [...]

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Online tax payment may become a reality

Tax payers may soon be able to take care of their taxes online if proposals to modernise tax systems are given the go ahead. A consultation paper by HM Revenue and Customs (HMRC) has been drafted which looks at revamping the system and allowing PAYE tax payers the opportunity to do all their tax business [...]

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New eBond issues from Northern Rock

Two fixed rate e-bond accounts have been launched by the bank Northern Rock. These have highly competitive rates of interest and offer savers who want to keep their accounts online great value. The issues are numbered 18 and 19 and are available from the bank now.

It is very easy for customers to benefit from this [...]

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