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Google makes a Digg for the Recession (TipJar)

Google helps the rest of us save while they continue to make epic bank. :-) Seriously, Google presents a tool to help us help each other save in hard[...] read more »
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Financial `age of innocence` over by seven

Today’s children have more money and are making financial decisions earlier than their parents’ generation, claims a report from pfeg (Personal Finan[...] read more »
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UK: Savers abandoning ISAs

Low interest rates might be good news for some mortgage holders, but people with bank accounts have had to watch the returns on their savings drop al[...] read more »
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UK: Bank interest rates at record low

Interest rates on the most common types of savings account have fallen to their lowest levels on record, according to the Bank of England. read more »
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UK: Savings Still Important, Despite Base Rate Cuts

Response to new figures from the Bank of England showing that the most common types of savings accounts now offer the lowest rates on record. read more »
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Japanese finance minister resigns but denies he was drunk at G7 conference

Mr Nakagawa said that he had no option but to step down immediately after seeing the anger his behaviour had caused in parliament. His resignation is another blow to the already shaky government of Prime Minister Taro Aso. read more »
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Consumers financial wellbeing at all-time low

A 12-year study has found that consumers are facing the worst financial conditions since the study began. read more »
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UK: Cost of fixed-rate mortgages ‘could be set to rise’

The cost of new fixed-rate mortgages may have fallen as far as it’s going to, experts have stated.
According to The Times, the downward trend in fixed-rate mortgages may have come to an end, and may even reverse in the reasonably near future. read more »
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UK Charity calls for changes to savings and pension rules

Age Concern has called for the Government to change the rules concerning savings and pension payments.
Currently, as the BBC reports, a pensioner will lose £1 per week from their pension credit for every £500 of savings they have over £6,000. read more »
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Debt problems causing insomnia and depression

Over a third of parents have suffered from insomnia caused by money or debt problems, a new poll has claimed. read more »
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Mervyn King: We won’t abandon savers

Bank of England Governor Mervyn King is to defend the recent decision to cut the base rate to 1%, according to The Times, following widespread criticism from economists and savers. read more »
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Financial pressures resulting in increased fraud

Consumers, potentially including those with debt problems, are becoming more inclined to commit fraud as the recession continues to place them under financial strain. read more »
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Debt advice a ‘key area’ of debt management strategy

A new plan has been launched to help people in Wales deal with debt, the downturn and financial exclusion.
“Taking Everyone into Account” – the Financial Inclusion Strategy for Wales – was launched for public consultation at a high school in Card read more »
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Advantages and Disadvantages of Solar Power

Solar power can be used to have residential solar power energy. In using it, there are advantages and disadvantages. Here’s a video showing these. read more »
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Low savings and high debt: ‘position needs to be reversed’

Today’s situation – one of low savings and high personal debt – is one that must be reversed, according to The Telegraph.
The paper notes that ‘The fall of saving to its lowest rate in this country since 1959 happened as personal debt soared to r read more »
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