Money Saving News for November 2009
- Should investment managers be worried about the Dubai debt problem? - 30th November, 2009
Investment managers were sent into panic on Friday as Dubai announced that it would not be able to repay some of its $60 billion (£35.6 billion) of its debt on time, affecting markets across Europe.
However, asset management firm F&C Investments has said that traders may have overreacted to the news, despite the FTSE plummeting by three per cent and some markets, such as Greece, dropping eight per cent as a direct result... - Internet sites use discount voucher codes to lure Christmas shoppers - 30th November, 2009
Consumers are turning away from the high street and logging on to the internet to find the best deals this Christmas, thanks to a slew of discount voucher codes offering money off at top online stores.
According to the Times, Brits are avoiding the hectic environment of the last-minute festive shopping rush and are taking advantage of the internet-only codes at Selfridges, Gap and Aldo, among others... - Check home contents insurance prices before renewal - 30th November, 2009
Home contents insurance customers who believe that remaining loyal to a particular provider will offer reduced premiums have been warned to shop around before their next renewal date comes up.
The Guardian reported that 83-year-old Maurice Henderson was left feeling confused after finding out that his £648-a-year home contents insurance policy from Royal Sun Alliance (RSA) was not as great a deal as it should have been... - Amazon leads cheap bargains for Christmas - 27th November, 2009
Online department store Amazon has been chosen as one of the best places to get a cheap bargain on Christmas presents this year, offering discounted prices on some of the most popular TV boxset DVDs.
The Telegraph reported that the website is currently having a sale on the items, offering up to 60 per cent off the cost of certain titles, as well as free delivery... - Home contents insurance customers warned of single article limit - 27th November, 2009
A financial advice website has said that households could find themselves without the necessary home contents insurance to protect valuable items due to a clause that is often overlooked.
Lovemoney.com claimed that single article limits, which relates to items worth over a certain amount, usually £1,500 to £2,500, need to be listed on a separate home insurance policy in order to be covered against damage or theft... - First-time buyers use stamp duty holiday while they can - 26th November, 2009
Financial advice website moneysupermarket.com is calling on the government to extend stamp duty holiday after seeing first-time buyers rush to take out a mortgage while they can still avoid the tax.
Research by the site showed that the number of people looking for a property valued at less than £175,000 has increased by nine per cent in the last three months... - National Express defies cheap rail travel after losing East Coast line - 26th November, 2009
Financially-troubled train operator National Express has blocked plans for cheap rail travel on the East Coast line, despite management being transferred to the public sector.
The company handed over ownership of the London to Edinburgh line to the government two weeks ago (November 13th), but insisted that five per cent fare rises be introduced to reduce the debt it owes to the Department for Transport... - Xbox 360 outselling PS3, claims discount voucher code site - 25th November, 2009
Popular discount voucher codes site MyVoucherCodes.co.uk has said that the Xbox 360 will win the race to become the most purchased games console this Chirstmas, as it is currently beating sales of main rival PS3 at a ratio of three-to-one.
The site, which offers discount voucher codes for retailers of the consoles, such as Asda, Tesco, Game, Gamestation, Currys and Dixons, surveyed the behaviour of its nine million monthly users and discovered that the Xbox is in the lead... - Confusing auto insurance policies anger Brits - 25th November, 2009
A large proportion of motorists in the UK have admitted that they do not fully understand the terms and conditions of their auto insurance policies.
A new survey from swiftcover.com found that 42 per cent of drivers taking out auto insurance are not certain about some aspects of their policies, with 18 per cent claiming that providers deliberately set out to confuse them... - Interest drops for fixed-rate mortgages - 24th November, 2009
Mortgage lenders have reduced the interest on their short-term fixed-rate products to below five per cent for the first time since June this year, according to a new study of the market by financial advice website Moneyfacts.
It found that the average rate on a two-year fixed-rate mortgage is now 4.99 per cent, down from the peak of 5.21 per cent recorded at the end of July...