P561ORACLE 561 Mon 3 Feb C4 1701:13
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Sue Gorska's regular report on the
week's personal finance news.
■ Unit trusts are now big business,
handling a record £20.3m of investors'
money in December 1985, according to
the Unit Trust Association.
■ Abbey National building society is
offering home-buyers a certificate
stating how much the society has agreed
to lend. The certificate, valid for 3
months, can be shown to vendors and
estate agents to prove an offer on a
property is serious.
more follows >
Index....560 Mortgage Rates...562
BUYING/SELLING PROPERTY SEE 497
P561ORACLE 561 Mon 3 Feb C4 1704:01
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■ Midland Bank is offering free advice
and free business banking to anyone
taking part in the Manpower Services
Commission Enterprise Allowance Scheme.
The government recently announced that
the Scheme is to increase its intake
to 80,000. Applicants must have been
unemployed for at least 8 weeks and
have £1,000 to invest in their new
business. Successful applicants get an
Enterprise Allowance of £40 a week for
the first year.
more follows >
Index....560 Mortgage Rates...562
BUYING/SELLING A CAR OR BOAT? 496!!
P561ORACLE 561 Mon 3 Feb C4 1702:48
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■ February is bargain month for holders
of the Young Person's Railcard. Cheap
day returns will cost £2 regardless of
distance. Saver tickets costing up to
£20 will be just £4, from £21─40, £8,
and anything over £40 is reduced to £12
■ Two men have found a treasure trove
of 1,000 Roman silver coins.
■ A report from the Law Society has
called for more money for the Legal Aid
system. Costs rose by 15.6% in 1984-5
compared with 9.2% in 1983-4.
more follows >
Index....560 Mortgage Rates...562
HOME BANKING IS HERE!
BANK OF SCOTLAND - page 183 (ITV)
P561ORACLE 561 Mon 3 Feb C4 1712:14
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■ Credit scoring systems may be discri-
minating against women, making it
harder for them to get credit, says a
study from the Equal Opportunities
Commission. Scoring sytems are used in
9 out of 10 decisions on whether to
lend money.
■ Country vicar Ivo Morshead has saved
£80 a year by claiming tax relief on
a computer, which he uses to prepare
sermons and store church records!
■ Petrol prices in Scotland and North-
ern Ireland are coming down by 4-5p
more follows >
Index....560 Mortgage Rates...562
ADVERTISERS INDEX ON PAGE 570
P561ORACLE 561 Mon 3 Feb C4 1713:20
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■ A new dial-a-lawyer service, offering
legal advice on the telephone, has been
launched by North London solicitor
Richard Baruch. For £150 a year subscr-
ibers can make any number of calls for
advice from a qualified solicitor ─ or
pay £10 for a one-off consultation.
■ Anglo-American Trust Company has
launched a BES fund with a difference ─
just two-thirds of investors' money
will be invested in shares with the re-
maining third used to buy an insurance
policy in case the BES fund investment
ends in disaster.
more follows >
Index....560 Mortgage Rates...562
HOME BANKING IS HERE!
BANK OF SCOTLAND - page 183 (ITV)
P561ORACLE 561 Mon 3 Feb C4 1718:03
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■ Save & Prosper-Robert Fleming high-
interest account holders can now use
their Visa Classic cards in National
Girobank's 130 cash machines.
■ The Government has published its pro-
posals for the reform of rates. By the
mid 1990s the domestic rate is to be
replaced by a poll tax, known as a
community charge, levied on all adults
over 18.
■ The Isle of Man's low crime rate and
taxes attracted around 1,550 entrepre-
neurs to move there during 1985.
more follows >
Index....560 Mortgage Rates...562
HOME BANKING IS HERE!
BANK OF SCOTLAND - page 183 (ITV)