The weekly roundup of the headlines most affecting your personal finances. Click on a headline to read the full story:
1st October 2010
- The national minimum wage has risen to £5.93 an hour from £5.80 and for the first time people aged 21 will benefit from the rate.
- Nearly 2m households overcharged for gas by energy giant Npower are to be refunded in one of the biggest pay-outs of its kind.
- Bank of England warns that a £185bn Special Liquidity Scheme extended to lenders will not be rolled over when it expires in January 2012.
30th September 2010
- BP may resume paying a dividend to shareholders in the new year, incoming chief executive Bob Dudley says.
- Banks are not expecting it to become any easier for householders to get a mortgage in the coming months, a survey says.
- The sales of corporate bond funds are now running at higher levels than those seen into equity funds in the months leading up to the TMT crash.
- A new list of banks facing the highest number of complaints from UK customers is topped by Lloyds Banking Group.
- The FSA has proposed raising the FOS compensation limit from £100,000 to £150,000.
- Nationwide says property market prices edged up this month, taking average value of a home to £166,757
- Analysts say downward trend in mortgage lending reflects high unemployment and low levels of consumer confidence
29th September 2010
- Tips for tenants and landlords when rental prices are rising
- The price of gold will rise to $1,450 a troy ounce next year, according to a poll of bankers, producers and analysts attending the London Bullion Market Association conference
28th September 2010
- ONS revises up Britain's growth in the first three months as it confirm economy grew fastest pace in nine years in second quarter.
- A number of councils have started adding charges to bills of up to 3% for those paying for services by credit card.
- Interest rates are being held down to discourage savers, financial chief admits Britons should go out and spend to help invigorate the UK's economic recovery.
27th September 2010
- Property survey finds supply rising as interest wanes ahead of spending cuts and says prices must fall to entice buyers
- With oil tipped to rise sharply again, we look at how to gain from another shock.
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