Category Archives: Money

More help for first-time buyers

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First-time buyers struggling to raise a deposit have received a boost with the announcement of a new scheme to help them get on to the property ladder. The Government has earmarked £250 million from the Bank Levy to help around 10,000 households with incomes of up to £60,000 buy a new-build property. Under the FirstBuy […]

Punters dreaming of £117m jackpot

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Amanda Holden helps to promote the 117m pound EuroMillions jackpot

  The National Lottery was set for a last-minute ticket-buying frenzy before the potentially record-breaking £117 million EuroMillions draw. If the huge jackpot is won by a single UK winner it would be the biggest ever lottery prize paid out in this country. According to the National Lottery, such a winner would instantly become the […]

Bank issues 5% inflation warning

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Bank issues 5 inflation warning

Inflation is at significant risk of pushing past 5% in the coming months, policymakers at the Bank of England have warned as surging oil prices triggered by violence in north Africa add pressure to the cost of living in the UK. March minutes of the Bank’s Monetary Policy Committee (MPC) meeting showed members voted six […]

Cameron challenged over NHS pledge

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Prime Minister David Cameron has been accused of breaking the coalition's pledge to increase NHS funding (AP)

Prime Minister David Cameron has been accused of breaking the coalition’s pledge to increase funding for the National Health Service as soaring inflation threatened to undermine the Government’s spending plans. The respected Institute for Fiscal Studies (IFS) said the Government was now “sailing extremely close to the wind” over its promise to raise NHS spending […]

Tesco limits Asda price check deal

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Tesco

Supermarket giant Tesco has backtracked on an offer to reimburse shoppers who can buy products cheaper at Asda after hundreds of people claimed refunds. Tesco had promised to pay customers twice the difference if products were bought for less at the stores of its rival. But after a number shoppers took advantage of the offer, […]