Money Matters

Probe launched into hidden holiday money charges

September 21, 2011
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Holidaymakers are being charged too much for their foreign currency because of complex charges and misleading information, according to watchdog group Consumer Focus. UK travellers exchange around £27bn each year and Consumer Focus questions whether much of the estimated £1bn charged in fees is warranted. It has submitted a so-called super-complaint to the Office...

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Money matters: Ways out of mortgage misery for first-time buyers

September 7, 2011
By
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Securing a mortgage is not impossible if you look beyond the high street. That’s the message from Dick Jenkins, chief executive of the Bath Building Society which in recent months has increased its lending book and launched a series of new mortgage products designed to help new entrants get on the housing ladder. According...

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Money matters: How buying student digs could get you out of a hole

September 2, 2011
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How can parents support their children through university and also save tax? It's a question many are facing for the first time as the 2011/12 university year begins. The Clifton office of national accountancy firm Saffery Champness suggests that investing in residential accommodation for student children could allow parents to minimise income tax, generate capital...

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Money matters: Financial worries force couples to delay divorce

September 2, 2011
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Around two-thirds of divorces in the South West are being put on hold due to the tough financial climate, according to a new survey from accountants and business advisers Grant Thornton. The firm’s annual matrimonial survey reveals that a lack of value or liquidity of assets has caused 67% of divorces to be delayed...

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