BT increases cost of phone calls
Families and businesses around the UK are today looking at a 10% increase in the cost of telephone calls due to inflation busting price rises by BT. It has been revealed that the minimum cost of a standard call using the BT network will be 17.3p after taking into account connection charges and call rate increases. So why has BT decided to increase charges?
The company recently underwent a review of its pricing structure and has decided to increase charges to cover costs and put the company in better shape when it leaves the recession. While there are ways and means of reducing BT bills from today's inflation busting figures, via signing up for inclusive packages and paying one year's line rental up front, these are options not open to everybody.
The company has begun writing to its 12.5 million customers to explain why prices have risen and exactly what this means to their particular payment plans. Whether this will play into the hands of competing telecom provides in the UK remains to be seen but a 10% increase in charges at this stage of the economic cycle is not what consumers and businesses would have expected.
Considering the wider financial picture
As more and more people in the UK come to terms with the downturn in UK property prices we have seen a massive increase in the number of mortgage holders who have slipped into negative equity. This is a frightening situation whereby the outstanding mortgage of a customer exceeds the value of their home and ultimately means they either take a big loss on their property and pay back the excess loan...Read More
Used car prices fall
UK used car prices have started to fall back after 11 months of continuous price rises as demand in the UK looks to have peaked. While the reduction in used car prices varies enormously from car to car we have seen drops of around 7% for some car makes with demand set to fall further. Indeed, many experts in the car industry believe that prices will continue to slip back until early 2010 and we co...Read More
It could be you, EuroMillions hits £100 million!
Out of all the doom and gloom in society it seems that one lucky person could be in line to win the jackpot of a lifetime with the EuroMillions hitting £100 million for the draw tonight. Record sales have proceeded the draw which if claimed by one person would be the largest lottery win in the world. So could it be you?
While it is easy to get caught up in the hype of the EuroMi...
Morrisons cut petrol prices to below 90p a litre
News that Morrisons, the leading UK supermarket chain, will be reducing the price of petrol on company forecourts has caught the eye of many today. As of today the price will be a fraction below 90p a litre in response to the recent collapse of the oil price. The oil price current stands at around about $50 a barrel which is a massive fall from the earlier $150 a barrel.
Summer vets bills could soar
Pet owners will have to spend more on vets bills during the summer than the winter, the British Small Animal Veterinary Association (BSAVA) revealed.The fact that skin problems in animals are more likely to occur during the summertime means that pet owners could have to get vaccinations for their furry friends, particularly if they plan on putting them into a cattery or kennel while they go on hol...Read More