Save money with “waterless” washing machine
Xeros Ltd, a Leeds-based company has developed a washing machine that uses 90% less water than a normal machine and could be available by the end of 2
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Government’s energy-efficiency scheme
Posted on March 10, 2010 by Staff Writer
Under the government’s £3bn energy-efficiency scheme, forty-two million energy-saving lightbulbs were sent out by utilities companies. Since the scheme began, 224m bulbs have been distributed, amounting to about 10 for each household. However, according to a survey by the Energy Saving Trust,
Save money with “waterless” washing machine
Posted on March 10, 2010 by Staff Writer
Xeros Ltd, a Leeds-based company has developed a washing machine that uses 90% less water than a normal machine and could be available by the end of 2011. It replaces water with tiny plastic beads that suck up stains and it is claimed it will cut back household energy bills, too. The Xeros pro
Digital economy bill
Posted on March 10, 2010 by Staff Writer
The Digital Economy bill is receiving a fair amount of criticism from service providers and users, with ISP TalkTalk being one of the most vocal. The Financial Times also published a letter stating the plans to suspend internet access to anyone illegally downloading is unfair and specifically cri
Npower lowers rates
Posted on March 10, 2010 by Staff Writer
This week, npower has lowered its standard gas prices, but is that going to be enough? They will lower standard customers’ gas bills by 7%, so around two million of their customers will see their bills fall by around £50 a year. Four of the six biggest energy companies have now lower their pri
Tips for new investors
Posted on March 9, 2010 by Staff Writer
Investing in the stock market is not for the faint of heart. If you want to invest in the stock market, but have no idea where to start or how to decide what to invest your money in, you are not alone. Here are some rules to help you and guide you toward making the right decisions. To start yo
BT is asking for fair access
Posted on March 9, 2010 by Staff Writer
BT plans to open up its network of cabling ducts to competitors, however, although this has been announced, BT had to call for equality of access. They are putting pressure on Ofcom and ministers to gain access to Virgin Media’s ducts which will allow BT to expand its network. A BT spokesman ta
Northern Rock’s new fixed-rate bonds
Posted on March 9, 2010 by Staff Writer
The state-owned bank, Northern Rock has launched two new issues of fixed-rate bonds which offer guaranteed savings interest rates of at least 3.15 per cent. They offer the rate to one-year bonds, or a higher level of interest, 3.5 per cent, to consumers who put their money away for two years. Acc
Higher loan-to values more available
Posted on March 9, 2010 by Staff Writer
It has been reported that the increasing practice among lenders to offer higher loan-to-values is a positive sign for those seeking cheap mortgage rates. Ben Wilkie, editor of What Mortgage, said the market appeared to be returning to its pre-recession state - when only 16 per cent of the deals o
Base rate hold is kept low
Posted on March 8, 2010 by Staff Writer
The Bank of England’s Monetary Policy Committee has held the base rate at 0.5 per cent for the 12th consecutive month, choosing to freeze the rate, so homeowners on tracker deals should remain on cheap mortgage deals for at least another month. The committee, at the regular March meeting, also
Iceland votes against paying debt to UK
Posted on March 8, 2010 by Staff Writer
In the country’s first referendum as an independent nation, 93 per cent of the Icelandic population has voted against repaying £3.3 billion worth of loans to the UK and Netherlands. They are calling for the government to withhold payment while the country restores its own economic health. Wh
Government’s energy-efficiency scheme
Under the government’s £3bn energy-efficiency scheme, forty-two million energy-saving lightbulbs were sent out by utilities companies. Since the sc
Digital economy bill
The Digital Economy bill is receiving a fair amount of criticism from service providers and users, with ISP TalkTalk being one of the most vocal. T
Npower lowers rates
This week, npower has lowered its standard gas prices, but is that going to be enough? They will lower standard customers’ gas bills by 7%, so aroun
Tips for new investors
Investing in the stock market is not for the faint of heart. If you want to invest in the stock market, but have no idea where to start or how to deci
BT is asking for fair access
BT plans to open up its network of cabling ducts to competitors, however, although this has been announced, BT had to call for equality of access. The
Northern Rock’s new fixed-rate bonds
The state-owned bank, Northern Rock has launched two new issues of fixed-rate bonds which offer guaranteed savings interest rates of at least 3.15 per
Higher loan-to values more available
It has been reported that the increasing practice among lenders to offer higher loan-to-values is a positive sign for those seeking cheap mortgage rat
Base rate hold is kept low
The Bank of England’s Monetary Policy Committee has held the base rate at 0.5 per cent for the 12th consecutive month, choosing to freeze the rate,
Iceland votes against paying debt to UK
In the country’s first referendum as an independent nation, 93 per cent of the Icelandic population has voted against repaying £3.3 billion worth