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The Money Thread - tips, advice and articles 
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Legend

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Something to consider maybe?

Argos brings used games to all stores

July 24th to see national rollout following successful pre-owned trials

All Argos stores will offer a video game trade-in service from Saturday July 24th.

The pre-owned offer coincides with the launch of the firm’s 74th Argos catalogue.

Customers will have the chance to trade in around 250 different titles for Argos gift cards that can be spent on any product available from the chain. The service will be advertised within the catalogue, which has a circulation of 18m.

The catalogue specialist began trailing pre-owned in various stores in the North East at the beginning of March.

Argos said gamers ‘responded favourably to the online trade-in price list’ – which the likes of GAME, Gamestation and HMV do not do.

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Sat Jul 24, 2010 11:41 am
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Used games are killing piracy!!

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Sat Jul 24, 2010 11:50 am
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Legend

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Nick wrote:
Used games are killing piracy!!


It's funny cos it's probably true :lol:

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Sat Jul 24, 2010 11:53 am
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Legend
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Savers in the dark over interest rate changes

http://www.guardian.co.uk/money/2010/ju ... te-changes

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Which? report finds that only five out of 12 banks and building societies inform customers about changes to interest rates

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Wed Jul 28, 2010 2:15 pm
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Legend

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Amnesia10 wrote:
Savers in the dark over interest rate changes

http://www.guardian.co.uk/money/2010/ju ... te-changes

Quote:
Which? report finds that only five out of 12 banks and building societies inform customers about changes to interest rates


I'd settle for an email, but preferably a letter, in plain English...

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Wed Jul 28, 2010 9:15 pm
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Legend

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Why is setting up an account online with the Halifax so mind-bendingly sh1t?

The exact address of my workplace is needed (which I'd rather not give out, and I'm not sure they even need it), the exact amount of money I earn a month, the exact details of my accounts with Halifax (and lesser details for my other providers)... Funnily enough, I gave up! Retards :x

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Wed Jul 28, 2010 10:37 pm
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Legend
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They would probably want to know should they want to sell you something. Though they would probably say for money laundering laws they have to ask.

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Thu Jul 29, 2010 1:16 am
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Legend

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House price inflation eases again, says Nationwide

http://www.bbc.co.uk/news/business-10794461

Now pay attention, cos someone will be along tomorrow to tell you things are looking up for the housing market ;)

Quote:
Buyers typically still have to put down a deposit of at least 25% to secure a mortgage as banks and building societies continue to ration their mortgage lending in the wake of the credit crunch and banking crisis of 2007 and 2008.


Yeah, no problem...

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Thu Jul 29, 2010 2:12 pm
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Legend
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So you are basically having to have a years wages as savings for a deposit then? The whole property madness is a joke. I am glad that I rent.

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Thu Jul 29, 2010 2:37 pm
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pcernie wrote:
Why is setting up an account online with the Halifax so mind-bendingly sh1t?

The exact address of my workplace is needed (which I'd rather not give out, and I'm not sure they even need it), the exact amount of money I earn a month, the exact details of my accounts with Halifax (and lesser details for my other providers)... Funnily enough, I gave up! Retards :x


Is that not pretty much the standard level of anal retentive information that pretty much all banks will require you to provide in order to open a new bank account?

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Thu Jul 29, 2010 7:56 pm
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Legend

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davrosG5 wrote:
pcernie wrote:
Why is setting up an account online with the Halifax so mind-bendingly sh1t?

The exact address of my workplace is needed (which I'd rather not give out, and I'm not sure they even need it), the exact amount of money I earn a month, the exact details of my accounts with Halifax (and lesser details for my other providers)... Funnily enough, I gave up! Retards :x


Is that not pretty much the standard level of anal retentive information that pretty much all banks will require you to provide in order to open a new bank account?


Yeah (though often not when you walk in to open an account), however it was the sheer amount and exact* nature of the info 'needed' that went beyond most sign-ups...

* How many people would be uncertain of their workplace's postcode, for instance? Christ, maybe even the rest of the address...

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Thu Jul 29, 2010 8:15 pm
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Legend

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Single benefit payment among 'radical' welfare plans

http://www.bbc.co.uk/news/uk-politics-10807098

Of course, he's almost certainly just spouting off and most of it will never be enacted, but I'd guess this is primarily an attempt at merging to save costs by reducing payments across the board, not the merger itself. And let's face it, when any UK government merges (or oversees) something, it just upgrades the cock-up :oops:

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Fri Jul 30, 2010 12:23 pm
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Legend
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While a single benefit might suit single people who work and can then work out if they will be better, it needs to be arranged in such a way that it does not cause losers who are trapped by circumstances. What about disabilities or areas of high unemployment. If they put a cap on the term then all that it will do it cause people to move to where the jobs are. That might sound good but if it means that the local doctors do not have enough patients then they will move as well leaving those with jobs without medical cover, or an impossibly long journey for treatment.

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He said the danger of providing benefits that were adequate in amount and indefinite in duration was that "men settle down to them", and the benefit system had created pockets of worklessness where "idleness" had become institutionalised.

So they are quite happy to create poverty to alleviate the unemployment figures. The problem is that once people fall into the poverty trap it is hard to get out. The benefits come off at such a high rate that they are higher than all but the supertaxes of the past. Clawback rates are up around 90%. Whereas tax rates at their most are 50%.

They could abolish the couples pension and benefits based on couples . So that might make it easier for one person in a couple to get a job knowing that they will not lose benefits for both. Simplifying it is a good idea but a single benefit will not cover the multitude of special circumstances. It could take years to integrate all benefits into a single 200 page form.

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He wants a system under which claimants would be up to 40p for every pound extra they earn.

So a clawback rate of 60%!!!

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Fri Jul 30, 2010 4:35 pm
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Amnesia10 wrote:
They could abolish the couples pension and benefits based on couples.


Except of course it's Conservative policy to encourage marriage and the 'ideal' of the traditional family.

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Fri Jul 30, 2010 5:10 pm
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Legend
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davrosG5 wrote:
Amnesia10 wrote:
They could abolish the couples pension and benefits based on couples.


Except of course it's Conservative policy to encourage marriage and the 'ideal' of the traditional family.

Yes but they could do that through having fully transferrable allowances. So that a family with two kids could transfer all the personal allowances to the parent who is working, then they could actually earn close to to £40 000 without paying taxes, and one partner could stay at home to look after the kids. There could be an abolition of child benefits as well to allow for the transfer of benefits. It would be simpler, though should be capped at two children's tax allowances otherwise you would get families having kids just for the allowances. Though pension contributions will need to be made for the partner.

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Fri Jul 30, 2010 5:51 pm
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