UK households are carelessly throwing away hundreds of Pounds worth of food on average each year, a report by frozen foods manufacturer Birds Eye has found. The analysis comes as a complete surprise, since households had previously demonstrated remarkable determination to keep the lid on food spending: Far more than 50% claimed they'd begun to change their eating behaviour in the face of the currently rough financial climate, for example, 47% of families were eating out less, and many others were either buying cheaper products or buying in larger quantities to reduce costs.
These good intentions were apparently now being brought to nought. Not only was the reported food waste causing massive ecological issues, but it was also actively contributing to already dangerously high debt levels
Mortgage customers with a Standard Variable Rate (SVR) would do well to apply for an eccount, eccount money's Will Thomas has said. Recent SVR hikes by some of the UK's leading banks have sent interest payments sky-rocketing for thousands of borrowers across the country.
On May 1st, Halifax, Bank of Ireland, Clydesdale and Yorkshire banks as well as the Co-Operative bank raised their SVR from a meagerly 0,5% to around 4% on average. As a result, some debtors may no longer be able to afford their monthly payments, raising the threat of massive defaults and individual insolvencies. The answer, according to Thomas, consisted in a combination of adjusting one's mortgage plans and sensible budgeting
If you've recently had to apply for bankruptcy, opening a new bank account will most likely not be on your list of priorities. As you'll soon discover, however, it should be. Bankruptcy unfortunately gives banks an excuse to block you from setting up an account with them and as a result, you'll be faced with a plethora of practical problems, from how to set up a standing order for important recurring payments or how to have your wage paid in. As dire as the situation may seem, you can take an important step in the right direction by opting for an eccount.