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Red, white and blue traffic lights: what Brexit means for motorists

1 April 2016

Trending News

By Flora Pi Lo   A secret document has been found that details the changes Britain’s roads face following the EU referendum in June.   Confused.com has uncovered documents that set out what will happen if the event of a Brexit or if the country remains in Europe.   The British public faces a monumental […]

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Regulator bans insurers from adding sneaky costs to policies

1 April 2016

Personal Finance Trending News

A ban on ‘opt-out selling’ in financial services means consumers will no longer have sneaky costs added to insurance policies.   The ban by the City regulator, the Financial Conduct Authority (FCA), comes into play today and will stop insurance companies adding optional extras at extra cost to insurance policies that the consumer then has […]

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Banking fraud rockets as losses total £755m last year

18 March 2016

Fraud Personal Finance Trending News

There has been a dramatic rise in the number of banking fraud losses as criminals target personal and business account customers.   Figures from the Financial Fraud Action UK reveal total losses for remote banking fraud leaped 72% last year to £168.6 million and internet banking fraud looses were up 64% to £133.5 million. Telephone […]

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17,000 elderly motorists lost their licence last year

18 March 2016

Personal Finance Trending News

In the past year 17,000 over-70s have had their driving licences revoked and half of motorists think elderly people should be made to retake their test every three years.   A Freedom of Information request by Confused.com has revealed that in the past year alone, 17,000 people aged over-70 have had their licence revoked or […]

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Seven years at 0.5%: how savers have suffered with low rates

4 March 2016

Savings Trending News

Tomorrow marks the seventh year of record low interest rates of 0.5%, which has left savers £160 billion out of pocket.   On 5 March 2009, the Bank of England made the decision to slash interest rates to the lowest level since the central bank was founded in 1694 as a way to kick-start the […]

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Pension minister at odds with chancellor over pension-ISA plan

4 March 2016

Retirement Planning Trending News

The pensions minister has raised concern over chancellor George Osborne’s plan to replace pensions with pension-ISAs.   Ros Altmann (pictured) has backed the retention of the existing system, where contributions are exempt from tax, growth within the pensions is exempt and withdrawals are taxed at retirement – known as the exempt, exempt, taxed (EET) arrangement. […]

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Spenders swap cash for contactless with £7.75bn of payments in 2015

26 February 2016

Trending News

British consumers are ditching cash for contactless cards with spending on the latter tripling during 2015.   Over 140 million contactless transactions were made in December 2015, the equivalent to 52 payments every second, according to the UK Cards Association.   Nearly one in eight transactions are now made using the technology and payments are […]

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Older motorists risk £1,000 fine by keeping quiet about illnesses

19 February 2016

Trending News

One million older drivers are risking £1,000 fine and even prosecution as they keep serious medical conditions a secret.   Research by Direct Line Car Insurance reveals one million motorists over the age of 65 are risking a fine of £1,000, prosecution and the safety of other road users. Three in 10 older drivers have […]

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Probate fees set to soar; wealthiest face up to 920% hike

19 February 2016

Personal Finance Property Retirement Planning Trending News

The government is planning a huge hike in probate fees that will hit families who are left to deal with estates worth more than £300,000.   Probate fees are currently charged on a flat-rate basis of £215 for individuals with estates worth more than £5,000 but fees will now increase according to the value of […]

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Two-thirds of investors will vote to leave Europe

19 February 2016

Economy Trending News

The number of investors preparing to vote to leave Europe has increased by half since last summer.   Research by The Share Centre shows 63% of investors would leave the EU, up from 44% in August.   Although prime minister David Cameron has been meeting with EU leaders in Brussels to work out a compromise […]

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