Networking in Surrey

Mark Williams's Blog – February 2011 Archive (8)

Which? agrees with Winston

Following on from my blog about what Winston Churchill had to say about people insuring themselves correctly, here is what Which? had to say - so again, don't take my word for it!

Which? has included life insurance and income protection (IP) on its list of the best financial products.

The consumer association previously listed IP as a preferred alternative to payment protection insurance when PPI made its worst financial products…

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Added by Mark Williams on February 25, 2011 at 10:30 — No Comments

A voice from history

Winston Churchill once said

If I had my way I would write the word ‘Insure‘ upon the door of every cottage and upon the blotting book of every public man, because I am convinced for sacrifices which are inconceivably small, families and estates can be protected against catastrophes which would otherwise smash them up forever. It is our duty to arrest the ghastly…
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Added by Mark Williams on February 23, 2011 at 12:00 — 2 Comments

MPC member calls for immediate rate rise

Monetary Policy Committee (MPC) member Martin Weale has said interest rates must move now in order to contain inflation and prevent sharper, more damaging increases in the future.
Speaking to BBC Radio 4, Weale said raising base rate would protect the country from a "squeeze" later on and reduce consumers' inflation expectations back towards 2%.

However,…
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Added by Mark Williams on February 22, 2011 at 15:00 — No Comments

King hints at a Base Rate rise before year end

The Telegraph reports today that the Governor of the Bank of England has given his clearest indication yet that the Base Rate will need to rise by up to three quarters of one percent before the end of the year.



Any rise in interest rates would end nearly two years of stability with record low interest rates of 0.5 per cent, hitting the majority of mortgage… Continue

Added by Mark Williams on February 16, 2011 at 8:00 — No Comments

Women earners are not insuring themselves properly

Women are increasing their earning power but less likely than men to have financial protection should they suddenly be unable to work, according to new research.

The Women and Protection report released by Bright Grey found that women were taking more control of household finances but neglecting to protect themselves.

It found over half (53%) of working…

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Added by Mark Williams on February 11, 2011 at 12:00 — No Comments

Interest rates to be 2.75% by 2012 - CBI

The CBI projects interest rates could hit 1.25% by the end of 2011, rising to 2.75% by Q4 2012 with inflation forcing the BoE to raise rates from their historic low in the Spring.
Private sector employer trade body, the Confederation of British Industry expects inflation to stay "stubbornly high" this year, partly due to the impact of higher VAT but also due to pressure from rising energy and commodity prices.However, it continues to predict, that the UK economy will grow in…
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Added by Mark Williams on February 10, 2011 at 16:28 — No Comments

Fixed rates at their highest level for six months

With interest rates at their lowest level, it is perhaps easy to forget about the rate we pay on our mortgage.

We all know that the Base Rate is going to increase, and it is an easy stance to take to say....oh, i will look to change to a fixed rate when the rates change.....but that , i am afraid is far too late.

It is reported…

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Added by Mark Williams on February 9, 2011 at 8:17 — No Comments

Base Rate to change this week?

There is a one-in-three chance that the Bank of England will raise interest rates next week, economists warned last night. Pressure is mounting on the monetary policy committee to lift rates from 0.5 per cent to put a lid on soaring prices. …

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Added by Mark Williams on February 7, 2011 at 9:30 — No Comments

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