Financial Health Check for Pensioners

The Scottish Government has released figures which show that since April 2008 almost 700 Scottish pensioners who applied for a free benefits check have received  £801,456.  Most of the money came in the form of  increased Pension Credit,  Attendance Allowance or a full Council Tax rebate.
Every pensioner who applies to the central heating programme (CHP), [...]

No Christmas Cheer this year?

Looks like there will be a mad dash for sixpences, oranges and odd socks on Christmas Eve as the Scottish Retail Consortium  have released their sales figures for November and they show that Christmas shoppers are not ready to part with their cash as early this year as they were last year.
It would appear that [...]

Unite Union targets HBOS Meeting

LONDON, December 12 /PRNewswire/ –
Employees of LloydsTSB and HBOS will hold a demonstration today(Friday, 12th December) outside the HBOS Extraordinary General Meeting (EGM) in Birmingham.
Staff will be wearing t-shirts with slogans saying: “SECURE JOBS = SECURE BANK” to remind shareholders that the voice of employees must not be ignored. Derek Simpson, Unite joint general secretary, [...]

Charity at Christmas hit by Credit Crunch

Five major charities have joined together with the Greeting Card Association (GCA) at London’s Victoria & Albert Museum to launch ‘Every Charity Christmas Card Counts’, a campaign to highlight how vital charity cards are to fundraising and to boost the number of cards bought this Christmas.
“Charity cards are the top fundraising product in the UK [...]

Interest Rates

John Swinney, the Finance Secretary at the Scottish Government, has welcomed the Bank of England’s decision to cut interest rates by one percentage point from 3 per cent to 2 per cent, the lowest level since 1951. He said that the cut would be good news for home owners and businesses across Scotland. He emphasised [...]

Ofgem to investigate energy suppliers

Following a number of complaints from customers the regulator Ofgem will be investigating the Direct Debit payment schemes operated by several energy suppliers. Despite being up to date with their payments and having sufficient in their accounts to cover the cost of their most recent bill, many customers have been advised that their monthly direct [...]

Pre Budget Reporting

So we’re all sitting here with bated breath waiting for the Chancellor to give us his pre-budget speech, aren’t we?  Well, not really, because so much of it has been leaked in advance that it’s not worth staying in for now. We’re all going to be in town shopping instead- what with our massive reductions [...]

Credit Crisis Fixed

In these dark days of recession and credit crunching, with mortgages hard to find, credit cards withdrawn, banks refusing to hand over the money -and Christmas only weeks away the time has come for some serious financial magic.
I’ve been doing the ‘robbing Peter to pay Paul’ method for a couple of months; unfortunately I found [...]

Interest Rate cuts do not reach the High Street

The Bank of England has just announced an interest rate cut of 1.5%, bringing the rate down to 3%. This should be great news for the man or woman on the street. However it seems that the High Street banks are unwilling to pass this reduction on to its customers.
I’ve been checking out one of [...]

A New Age of Reason

With the release of unemployment figures for Scotland showing 124,000 out of work, an increase of 18% since June, and news that housing sales have dropped by 44% ,while  prices have dropped by 4%, I think it is safe to say that Scotland is teetering on the edge of the abyss. Recession is no longer [...]

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