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The Money Thread - tips, advice and articles 
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Legend

Joined: Sun Apr 26, 2009 12:30 pm
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Maybe something to consider in the future...

TalkTalk to offer mobile deals

Quote:
TalkTalk is entering the mobile market with Vodafone at its side.

The ISP will be offering mobile voice and data plans from this autumn, but only for its 4.2 million broadband customers.

The services will be provided by Vodafone, with TalkTalk working as a mobile virtual network operation (MVNO).

Vodafone is behind several MVNOs, including BT Mobile and Asda, as well as TalkTalk's former parent Carphone Warehouse. The ISP was spun off from the retailer earlier this year.

No prices were announced, but TalkTalk did note the effects of its cut-throat pricing on the landline and broardband markets, claiming it has "been a major force in ensuring market prices for these services are far lower today than they were before".


Read more: TalkTalk to offer mobile deals | Broadband | News | PC Pro http://www.pcpro.co.uk/news/broadband/3 ... z0vMX2ZnVC

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Sun Aug 01, 2010 1:59 pm
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Legend
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Mortgage deals still being rationed by lenders

http://www.bbc.co.uk/news/business-10836519

Quote:
Mortgage lenders continue to ration the size of their loans to home buyers and people remortgaging.

The number of deals on offer has risen by 66% this year, from 1,414 in January to 2,351 now, says the financial information service Moneyfacts.

But 58% of the deals available still require a downpayment of at least 25% of the value of the home being bought.

And the proportion requiring only a 10% deposit still stands at just 8% of all the mortgages currently on offer.

"There has been no real movement in the overall number of new mortgages available on the market [in the past month], but those that are available continue to be more competitive," explained Michelle Slade of Moneyfacts.

"Many of the best deals are now available for a 25% deposit, having previously only been available for those with a 40% deposit."

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Mon Aug 02, 2010 1:40 pm
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Legend

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Double dip recession fears as service sector growth stalls

http://www.guardian.co.uk/business/2010 ... rs-economy

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Thu Aug 05, 2010 12:19 pm
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Legend
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pcernie wrote:
Double dip recession fears as service sector growth stalls

http://www.guardian.co.uk/business/2010 ... rs-economy



Quote:
Many of the companies surveyed said cancelled public-sector contracts were beginning to hurt their businesses, forcing them to cut jobs and dealing a blow to chancellor George Osborne's hopes of reviving the private sector by reducing public spending.

This was Hoovers hope in the 30's but that did not work either. This policy only really works when there is full employment, and that private sector is being crowded out. During a recession employers can get all the staff they want.

Quote:
Shadow ministers will not predict a double dip, but instead highlight the risk of it happening. Most forecast a long, slow recovery, such as in Japan, in which joblessness remains high.

This most likely as we face more than a decade of high unemployment and a stagnant economy. The austerity budget will not work.

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Thu Aug 05, 2010 3:42 pm
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Legend
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Carrying baby on plane can cost four times as much as adult seat

http://www.telegraph.co.uk/travel/trave ... -seat.html

Quote:
Carrying a baby on a plane can now cost a parent four times as much as buying an extra adult seat, new research show
s.

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Thu Aug 05, 2010 4:12 pm
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Legend
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Tesco are changing the conversion rate of clubcard points into Airmiles. From 1st September 2010 they will be converted at the rate of 50 air miles instead of 60 air miles per 250 clubcard points.

They no longer convert automatically and are keeping the double clubcard points scheme going.

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Fri Aug 06, 2010 9:09 am
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Legend

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Amnesia10 wrote:
Tesco are changing the conversion rate of clubcard points into Airmiles. From 1st September 2010 they will be converted at the rate of 50 air miles instead of 60 air miles per 250 clubcard points.

They no longer convert automatically and are keeping the double clubcard points scheme going.


For a period of time points are doubled in value (£5 and multiples thereof) for certain items like phones, toys, gardening gear...

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Fri Aug 06, 2010 12:36 pm
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Legend
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House prices starting to fall, say surveyors

http://www.bbc.co.uk/news/business-10915210

Good news for those looking to buy at some point.

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Tue Aug 10, 2010 12:53 am
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Legend

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I was just about to post that :) , anytime I've ever read anything from the RICS it sounded like utter b0llocks and generally was, so I wonder what's prompted the new direction? :?

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Tue Aug 10, 2010 9:18 am
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I haven't seen my friends in so long
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pcernie wrote:
I wonder what's prompted the new direction? :?

I guess it's a tiny improvement in the house market causing a glut of homes to go on the market.

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Tue Aug 10, 2010 11:59 am
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Legend

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rustybucket wrote:
pcernie wrote:
I wonder what's prompted the new direction? :?

I guess it's a tiny improvement in the house market causing a glut of homes to go on the market.


Yeah, but reality's never bothered the RICS before ;)

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Tue Aug 10, 2010 12:11 pm
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Legend
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pcernie wrote:
I was just about to post that :) , anytime I've ever read anything from the RICS it sounded like utter b0llocks and generally was, so I wonder what's prompted the new direction? :?

Yes but their members gain from a property bubble so they want a buoyant property market. It is the same from estate agents and building societies. Vested interests. I never saw this recovery as real. The Bank of England have flooded the banks with liquidity, and requests not to foreclose. Though once repossession kick in the market could tumble fast.

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Tue Aug 10, 2010 2:41 pm
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Legend

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Amnesia10 wrote:
pcernie wrote:
I was just about to post that :) , anytime I've ever read anything from the RICS it sounded like utter b0llocks and generally was, so I wonder what's prompted the new direction? :?

Yes but their members gain from a property bubble so they want a buoyant property market. It is the same from estate agents and building societies. Vested interests. I never saw this recovery as real. The Bank of England have flooded the banks with liquidity, and requests not to foreclose. Though once repossession kick in the market could tumble fast.


What I'm getting at is, they've changed tack from just trying to brazen it out, choosing figures that suited them despite the reality. Now they're using 'crap' figures to encourage movement :)

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Tue Aug 10, 2010 4:54 pm
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Legend
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Yes getting the suckers involved is always a bad sign. If house prices had be controlled we would have far less problems. Almost no repossessions, more spending power for consumers etc, which could be used saved. Yes there is a talk confident in the hope that people will fall for it. They are hoping to encourage the bargain hunters back in. If they can get the funding.

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Tue Aug 10, 2010 5:42 pm
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Two best solutions for travel money I could find:
1. Cash http://www.travelmoneyservices.co.uk/index.asp
2. Prepaid cards https://www.caxtonfxcard.com/cards_desc ... t=CAXTGENL

EDIT: I forgot to say that you can load CantonFX card by sms from a registered mobile, handy when abroad without secure internet connection. And exchange rates are very good too.

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Last edited by koli on Tue Aug 10, 2010 7:38 pm, edited 1 time in total.



Tue Aug 10, 2010 7:24 pm
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