Posts tagged with ‘money’

Nobel prize for prestige not profit

Sunday, 5 January 2014

In recent months there have been reports that the Nobel Foundation, the body responsible for awarding the world famous Nobel prizes, has been concerned that the prize money they offer may begin to fall behind other prizes awarded in similar fields of science. They are concerned that this will reduce the importance of the Nobel […]

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Money-making expert

Sunday, 3 June 2012

MoneySavingExpert.com, a site offering consumers tips on reducing bills and finding the best deals, has been sold by its owner Martin Lewis for a reported £87 million. The buyer is Moneysupermarket.com, which already provides the click-through links on MoneySavingExpert.com that make money for both sites. Many users of MoneySavingExpert are furious at the move, which […]

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Britain’s new coinage – finally!

Tuesday, 4 August 2009

Last year, British coins underwent their first major redesign since decimal coinage was introduced in 1971. The Royal Mint held a competition to design the new coins. The winning entry was by Matthew Dent, and features the Royal Shield split across all of the coins from the penny to the 50p so that they fit […]

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Income tax: they took my idea!

Tuesday, 13 May 2008

Today the Chancellor finally announced what the measure would be to compensate people who have lost out due to the income tax changes. They are going to give all basic rate taxpayers an extra £120 by raising the personal tax allowance by five times that amount. That was the solution to the problem that I […]

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Income tax and bank charges

Monday, 28 April 2008

Last week the government seemingly did a u-turn over the scrapping of the 10 pence rate of income tax, although it is far from clear what form the compensation will take for people on lower incomes who will lose out under the new tax regime. It’s difficult to see how the government could have thought […]

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Don’t bank on keeping free cash

Saturday, 1 March 2008

It has emerged that customers in Northern Ireland who bank with the Nationwide building society, and who used cash machines belonging to Northern Bank, did not have the sums of money they withdrew debited from their accounts. The fault has existed since November, and 7,500 customers have been affected, withdrawing a total of £375,000 between […]

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Most people agree on bank charges

Thursday, 9 August 2007

My article on bank charges a few months ago prompted a few angry responses from people who claimed the current system of bank penalty charges is unfair. Under the current system, people who go overdrawn – borrowing their bank’s money without permission – are charged fees. Some commentators have suggested that if these fees are […]

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Save our bank charges!

Tuesday, 15 May 2007

For the first time, a bank has had its charges upheld in court. Since the Office of Fair Trading warned credit card providers last year that their penalty charges were excessive, causing all providers to cut fees to £12, people have been encouraged by numerous consumer groups to demand the refund of charges from bank […]

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£17,000 weddings a waste of money

Monday, 12 February 2007

The latest figure for the average cost of a wedding stands at a staggering £17,000. Now, it isn’t often I can say I agree with what the Church of England has to say on an issue, but the Church has produced a booklet suggesting that people should spend less on their big day, and on […]

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Operator’s selection is no lottery

Friday, 9 February 2007

Today, we hear that only two groups have submitted bids to become the next operators of the UK’s National Lottery: the incumbent, Camelot; and Indian lottery operator Sugal & Damani. The new entrant promises to raise a greater amount money for good causes with a more efficient operation than Camelot. Of course, we don’t know […]

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