Tips to Help You Save on Your Fuel Costs
During the winter months fuel bills tend to soar and are the second highest expense encountered by homeowners after their monthly mortgage payment. Read more
Tags: mind, gas costs, exit, rate, fuel costs, electricity costs, winter, length of time
Elderly plan to cut back on heating the home
As winter approaches many consumers – particularly the elderly and those on low incomes – are thinking about how they will be able to afford to heat their homes, with energy bills at sky high levels. It is thought that millions will resort to heating just one room in the home in order to cut back their bills, as energy firms have failed to reduce their prices even thought the price of crude oil has fallen dramatically since the summer, plummeting by almost 50%. Read more
Tags: fuel costs, single day, Elderly plan, bit, elderly, Energy conservation, Energy economics, energyGreener cars mean lower tax and insurance, says expert
May 1, 2008 by admin
Filed under News, News-Insurance
Drivers of greener vehicles can take advantage of lower tax and insurance costs, which may be especially beneficial under the current credit crisis, the British Insurance Brokers’ Association (BIBA) has said.
Since road tax is based on emissions, owners of green cars will save money compared to other car owners, particularly those who have four-wheel drives.
Insurance is based on risk-based pricing, which is made up of several factors, including a person’s age, experience, the type of car, and the value of the car.
According to Articlesbase, the recent budget introduced an increase in car tax and a 2p rise in fuel costs to come in effect from October 2008, although critics are unsure whether the tax cuts for greener cars will encourage drivers to consider cleaner transport.
However, Graeme Trudgill, technical and corporate affairs executive for BIBA, says: “People recognise that the large four-wheel drive vehicles aren’t so popular and therefore people are now thinking more about buying more environmentally friendly cars like the Toyota Prius.”
Consumers better barometer of inflation than statistics
January 17, 2008 by admin
Filed under News, News-Banking
Spenders maybe “a better barometer of inflation” than statistics from the government’s Office for National Statistics claim financial experts. 
Findings from research conducted among Fool.co.uk’s readers reveals that many believe inflation to be between six and seven per cent rather than the two per cent stated by the government.
David Kuo, head of personal finance at Fool.co.uk, said: “We are slowly beginning to see that these inflation figures are slowly beginning to feed through.”
He added that although at the moment interest rates are seen to be coming down because the Bank of England is very worried about a recession, “we do honestly believe that there is inflation within the economy”.
This time last year, the BBC reported that inflation was at an 11 – year high as higher fuel costs helped to push up the consumer price index (CPI) to 2.7 per cent in November.
On January 10th, the Bank of England voted to maintain the Bank’s rate at 5.5 per cent, having cut the rate by 0.25 per cent back in December.
