Finance Matters

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Smaller building societies are often able to offer better interest rates on current accounts than big banks, a financial expert has claimed. Phil Perry, director of Ark Financial Planning, said smaller, regional lenders such as mutual societies can offer savers higher rates of interest because they have members rather than shareholders. “If the members are [...]

Eco-tycoon Dale Vince is poised to take over cash-strapped football club Forest Green, according to media speculation.
Vince, 48, built his £85 million empire on wind power, making him Britain’s wealthiest green entrepreneur.
He is understood to have met up with Forest Green’s executives, including chairman David Drew, operations director Colin Peake and manager Dave Hockaday to [...]

Over a third of fatal accidents on Britain’s roads are caused by road rage, according to new research.
The study by AXA insurance found 800 lives are lost every year through road accidents caused by angry drivers.
More than one in three (35%) serious road accidents involve at least one angry driver.
AXA estimates the monetary cost of [...]

Government plans to review the welfare system with a view to simplifying benefits have been given a guarded welcome by the Citizens Advice Bureau (CAB).
The CAB said simplifying the system will help more people claim the benefits they are entitled to.
However, it warned that the reforms must continue to provide support for the poor and [...]

Government plans to scrap the default retirement age are “great news” for those approaching retirement, according to pensions provider Aviva.
Research by Aviva found nearly seven in ten (68%) of over-55s would like to continue working when they reach 65.
Last week the coalition government said from October 2011 employers will no longer be allowed to force [...]