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News Tag: cheaper

April 12, 2010

British exports see marginal rise

by Kay Murchie
Official data has revealed the value of British exports grew by just 0.05%, or £28 million, in the final three months of 2009 compared with the same period a year earlier. The figures were a surprise since a weak pound should make UK goods cheaper abroad. Analysis of Government data by Close Treasury revealed that the number of UK companies exporting fell ...

November 23, 2009

Cheque book to be phased out under controversial plans

by Kay Murchie
The use of the cheque book continues to decline as consumers opt for quicker payment methods. Major retailers such as Tesco and Sainsbury's no longer accept cheques, arguing that phasing out the use of cheques in stores resulted in quicker service and improved security for consumers. Under controversial plans being devised by bankers, the cheque will gradually be phased ...

November 4, 2009

M&S reports flat profits

by Kay Murchie
British retailing giant, Marks and Spencer (M&S;), has reported flat profits for the six month period to September 28 and said it is cautious about the year ahead. While profits were at the top end of analysts forecasts, profit before tax and one-off items was £298.3 million. In a statement Chairman Stuart Rose said: “We have had a good start to the third quarter. However, ...

October 11, 2009

Abbey rallies first-time buyers: cheaper to buy than rent

by Gill Montia
Abbey has been working out accommodation costs for potential first-time buyers currently in the rental sector and has discovered that for those living outside London, it is now cheaper to buy rather than rent. The good news is only for those who have managed to save a 25% deposit but nonetheless means that over than 1.6 million potential first-time ...

September 7, 2009

Primark continues to buck the trend on the High Street

by Kay Murchie
Discount clothing retailer Primark continues to buck the trend on the High Street after reporting a 9% rise in sales in the past six months at stores open at least a year. The results come as rivals such as Marks & Spencer, Next and Sweden's Hennes & Mauritz (H&M;) report declines amid the recession. H&M; posted a 3% decline ...

May 13, 2009

Sainsbury’s reports 11.3% rise in profits

by Kay Murchie

June 10, 2008

Women pay 9% less for their car insurance than men

by Kay Murchie
According to research from moneysupermarket.com, women get the best deal on car insurance while young male motorists are paying the most expensive premiums. A study by moneysupermarket.com has established that women pay 9% less for their car insurance than their male equivalents, with the average quote for a woman in her 20s being £320 compared to £370 for ...