In a new study by Scottish Widows, a total of 17 million adults in the UK admit to neglecting their finances.
The second annual Scottish Widows Priorities of Life Index reveals that 35 per cent of all British people surveyed said that they couldn’t focus on their finances as much as they would like to.
Slightly over [...]
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35 per cent of Brits neglecting their financial wellbeing
Families paying 10 per cent of income towards debt problems
According to a recent report by insurance company Aviva, debt repayments now account for around 10 per cent of the average UK family’s income, suggesting that many families may be potentially struggling with underlying debt problems.
This figure, included in Aviva’s Family Finances Report, represents a significant rise from the 8 per cent recorded at the [...]
Consumer spending will remain down due to debt problems
According to financial experts at accountancy giants Ernst & Young, consumer spending will remain “subdued” for another nine years as household disposable incomes drop and more families experience debt management problems.
Ernst and Young’s “Item Club” revealed that household disposable incomes have dropped by the greatest levels for over thirty four years. They fell by 0.8 [...]
Average household savings drop by 12 per cent in two years
According to latest research published by ING Direct, British households have seen their average savings levels drop by as much as 12 per cent over the last two years.
The decrease has been linked to a number of factors, including VAT rises, government austerity measures, rising living costs and ongoing job cuts.
ING Direct also found that [...]
A Toast – to a successfull mortgage business expo 2010
Thankyou to everyone who came to visit us at the Mortgage Business Expo 2010, you helped to make it a huge success.
We trust you enjoyed it as much as we did and hope our service offerings will benefit you greatly in the future.
Prize Draw – 1st December 2010
Win a chance to be the Stig for [...]
Come and see MoneyPlus Group at the Mortgage Business Expo 2010
MoneyPlus Group will be amongst 120 leading providers exhibiting at the Mortgage Business Expo 2010.
The event will be taking place at the prestigious Olympia 2 arena in the West of London between the 10th and 11th of November.
With banks and building societies still reluctant to lend to anyone with a less-than-perfect credit history, there’s never [...]
Long term unemployment looms for older workers
Older workers are being trapped in long-term unemployment as a result of the recession according to a recent study.
The research conducted by Age UK showed that the number of jobseekers age 50 or more, reached a 10-year high and rose by 50% in the last twelve months alone.
According to their figures, they say that the [...]
Britons face debt management crisis after decades developing credit card debts
British families are drowning in debt and are on the brink of financial ruin after a decade-long binge on credit cards have taken these debts to record levels.
Lenient criteria from lenders coupled with a huge consumer appetite in the ten years leading up to the credit crunch has meant that many thousands of families in [...]
MoneyPlus.biz is not associated with MoneyPlus Group
On 3rd December 2009 it was reported to us that a website with the address www.moneyplus.biz was trading as an FSA regulated online investment company, furthermore it was reported that they were doing so under our company details. On investigation, it was instantly clear that they were falsely using our details.
Whilst they have now, due [...]
New Website
We have launched a new corporate website today. The site is for companies who would like to get in touch regarding partnership opportunities.
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