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Inflation balloon is proving hard to pop

Inflation balloon proving hard to pop

Hard-pressed households have been dealt another blow with the Bank of England predicting that the rate of inflation will fall more slowly than it had previously expected.

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Claimants of tax credits are being urged to renew their applications over the next couple of months

Don’t forget to renew your tax credits

People who receive tax credits will need to renew their claims over the next few weeks if they want to avoid their payments being stopped.

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Consumers will soon be able to give to charity via thousands more cash machines

Charity starts at the cash machine

Bank and building society customers will be able to make charitable donations at the same time as they withdraw money at thousands of cash machines across the UK from this summer.

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The property market is continuing to pick up

Property market is still on the up

April was another good month in the housing market, according to the latest MyMoney24 Property Index.

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The number of personal insolvencies has fallen, but analysts expect tough times ahead

Insolvencies fall but the outlook is grim

The number of people declared bankrupt has risen for the first time in a year, leading to gloomy predictions that insolvency rates are set to worsen.

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Retirement Nest Egg

‘Workers unaware of nest eggs shake-up’

A large majority of private-sector workers are unaware of the government’s plan to put people into pension schemes automatically – even though the new scheme will begin life in just a few months.

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More than a million mortgage borrowers have seen their repayments go up

More than a million hit by mortgage hikes

More than a million homeowners have been hit by higher mortgage repayments after rate increases by a number of providers kicked in.

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Banks - who owns who?

Why you need to know who owns who

If you have substantial savings, you should know which banking licence your money comes under.

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Senior couple with pedal boat on water, Italy

Help for older insurance customers

A new agreement drawn up with the support of the insurance industry should make it easier for older people to get cover for their motoring and travel.

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The average rate of interest on fixed-rate bonds has hit an eight-month high

Bond market is looking up

In a rare bit of good news for savers, the average interest being paid on a one-year fixed-rate bond has risen to its highest level since August.

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Inflation crept up again last month, confounding expectations

Surprise as inflation rises again

Inflation rose again last month, confounding predictions that it would continue to ease towards the Bank of England’s target rate.

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