Money Saving News for March 2009

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  • Motorists spending most time in cars, says insurance provider - 26th March, 2009

    Car insurance provider Admiral has conducted a survey which reveals that many motorists in the UK spend more time in their cars than they do in their homes.
    One in ten drivers in the UK spend most of their time in their car, a figure that rises to one in five for those who live in London...

  • Utility bills get cheaper with British Gas price cut - 25th March, 2009

    British Gas has announced a price cut which may help many people in the UK to get a cheap bargain deal which will help them save money on their utility bills.
    The price reduction will mean a drop in the average annual utility bill of around £9.62, or 0.92 per cent for an average dual fuel customer who switches to the new cheap bargain web-tariff deal, according to Confused.com.
    Utility bills rose by around 40 per cent for many households last year, due to a high global oil price driving up the wholesale price of energy, but UK utility companies are expected to cut their prices later this year...

  • New savings account offerings launched in the UK - 25th March, 2009

    Nationwide Building Society has announced the launch of two new savings account products in the UK, in the shape of five-year bonds.

    The two new products, the Five-Year Fixed Rate Bond and Five-Year e-Bond both offer a guaranteed rate of return for savers and will be available to all new and existing Nationwide customers from today...

  • ISA savings account rates up - 25th March, 2009

    ISA savings accounts interest rates have risen in the UK in recent weeks, according to the latest research published by Moneynet.co.uk.

    The company conducted a survey of savings account providers and found that the average rate of interest offered on a regular cash ISA savings account with a £3,600 tax-free savings limit rose from 1.63 per cent to 2.01 per cent between January and February...

  • Money saving tips to help save on holidays - 25th March, 2009

    An author has published a book full of money saving tips to help beat the credit crunch, including ideas which could help make holiday budgets stretch further.

    Richard Browning, a travel writer, has written a book called How to survive the Credit Crunch: 101 top tips to beat the crisis. He told the Daily Mail that tourists can save themselves money by choosing to stay in apartments rather than hotels and cooking their own meals...

  • Lloyds ISA savings account rate increases - 24th March, 2009

    ISA savings accounts at Lloyds TSB will pay an increased rate of interest from today, the bank has announced.
    Lloyds TSB said that the new rate, an increase of one per cent on its previous offering, will be guaranteed to all new ISA savings account customers for at least the next 12 months...

  • Vet pet insurance special offer announced - 24th March, 2009

    Direct Line has announced the launch of a special offer on its veterinary pet insurance, which will enable customers to purchase 12 months' cover for the price of ten.
    The pet insurance provider quoted recent research by Mintel which found that the average vet bill for a sick or injured cat or dog is currently around £715...

  • BlackRock offers investment advice - 24th March, 2009

    Investment managers at BlackRock have offered some investment advice to people in the UK as the Bank of England moves beyond the boundaries of conventional monetary policy and begins the process of quantitative easing.

    The process, which entails the bank essentially printing more money to buy up government debt, means that the price of gilt-edged government bonds, or gilts, will become more expensive...

  • Halifax Home Insurance: Garden theft on the increase - 24th March, 2009

    Cheap home insurance provider Halifax has conducted research which reveals that instances of garden equipment theft are likely to rise.

    Homeowners may want to ensure that their household contents insurance policies cover any valuable garden equipment they own, according to Halifax Home Insurance, as it is more likely to be stolen during the summer months...

  • UK shopping voucher codes 'vital during recession' - 24th March, 2009

    A website which provides UK shopping voucher codes has claimed that they are becoming increasingly important to many people during the continuing economic downturn.

    Everydaysale.co.uk, which has been offering online gift voucher codes for two years, recently experienced its busiest ever week in terms of traffic as UK shoppers flocked to snap up cheap bargain deals...

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