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Cost of annuity delay calculated at £2840

Pensioners delaying buying an annuity risk losing £2840 in income on average - and will then have to live another 36 years to make the money back, analysis from retirement income adviser Key Retirement Solutions shows...

Annual cost of owning and running home rises by £179

The annual expense of owning and running a house has increased by £179 over the past year, according to new research by Halifax...

Economy improves and exports strong but growth subdued

The latest British Chambers of Commerce’s Quarterly Economic Survey shows that the economy has made progress, but there are still some mountains to climb before it is fully back on track...

US Labour Market figures disappoint and shed doubt on QE reduction

America is creating fewer jobs than hoped. The United States Bureau of Labor Statistics said that the US economy created 88,000 new entries on the non-farm payroll in March...

Another 'no change' month from the MPC

Here, Ray Boulger of independent mortgage adviser John Charcol, comments on the mortgage market and last week's announcement from the Monetary Policy Committee of no change in Bank Rate or the amount of Quantitative Easing (QE)...

House prices creep up fractionally in February

February data from Land Registry's House Price Index shows an annual price increase of 1.0% which takes the average property value in England and Wales to £162,606...

Fear of losing property greater than fear of buying

Amid continued economic turmoil, prices in London to continue to hold strong and many believe that recent events in Cyprus and other parts of the euro zone will further bolster the London market...

Hunters Team up with MySocialAgency to Develop Market Leading New Website

New marketing initiative includes super-fast website unrivalled by other property search Hunters Estate Agent has teamed up with leading creative design and app development specialists, MySocialAgency, to bring its customers a new experience when it comes to buying and selling property...

Home buying 'time bomb' revealed

More than one in five homebuyers who did not take out a home survey are saddled with a property they would never have bought had they been aware of its true condition before purchase, according to research by RICS...

Quarter of a century to save for house deposit

The average private renter saved £2180 in the last year, meaning that it would take 23 years to accumulate the average deposit of £50,845 to buy a property...

Euro area annual inflation down to 1.7%

Euro area annual inflation is expected to be 1.7% in March 2013, down from 1.8% in February, according to a flash estimate from Eurostat, the statistical office of the European Union...

Non-food prices rise for first time in 15 months

Overall shop price inflation rose to 1.4% in March from 1.1% in February. Food inflation was unchanged at 3...

£9.5m crackdown on social housing cheats

Housing Minister Mark Prisk has announced a multi-million pound boost to council-led efforts to combat social housing fraud and ensure homes go to those who truly need them...

'Government must do more to explain its State Pension reforms to the public'

The Work and Pensions Committee has welcomed improvements in retirement income that the new Single-tier State Pension will bring...

Promising services data as rest of economy remains in Doldrums

The UK services sector continued to expand in March, according to the latest figures from Markit and the Chartered Institute of Purchasing and Supply (CIPS)...

High yield – less value but opportunities remain

Here Ben Pakenham, European high yield portfolio manager at Aberdeen Asset Management, comments on the European high yield market...

Energy saving co-operative launches share issue

An ambitious co-operative set on drastically reducing household energy bills has launched a community share issue to expand the reach of its services...

How can we tackle London's housing crisis?

Tackling the capital’s housing crisis is the focus of the Chartered Institute of Housing’s (CIH) first annual London conference...

Top rate of income tax cut to 45%

April 6 saw the top rate of income tax cut from 50 pence in the pound to 45 pence. The reduction affects people with incomes of more than £150,000...

Two-thirds of tax and benefits changes deemed negative

Credit Action has released its annual Tax and Benefits report, which highlights a 27 important tax and benefit changes happening this April...



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