‘General’ News
Average Cost of Valentine’s Day
Posted 2008-02-7
Of course it is never polite to ask your sweetie how much he or she spent on making your Valentine’s Day special, but if you’re secretly interested, PayPal reported that their research shows the average Valentine’s Day cost equates to £71.25 for British consumers. Retailers adore the holiday, as they garner approximately £1.6 billion from 23 million U.K. residents. PayPal’s research further indicates that approximately 33 per cent of romantics plan to spend between £50 and £99 on purchases, while 44 per cent of 18 to 24 year olds plan on spending the same amount. An astounding 22 per cent who responded to PayPal’s survey stated that they plan on spending in between £100 and £249 for their loved ones. Cristina Hoole, spokeswoman for PayPal, reflected that cupid must be doing his job well; “it would seem romance is far from dead.” ...
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2008 Looks Good for Landlords
Posted 2008-02-5
2008 is shaping up to be a good year for Landlords. With Paragon Mortgages reporting a 19.4 per cent increase for 2007 in the amount of rentals (8.1 per cent of which occurred in the later quarter of the year), and the trend projected to continue through 2008, industry members feel optimistic about the coming year, states David Salisbury, chairman of the National Landlord’s Association. In fact, the rental industry has been faring so well that research shows over 25 per cent of landlords plan on increasing their portfolios over the next five years. Based on this research, Mr. Salisbury comments, “The chances are that, in the coming months, there will be increasing demand placed on the private-rented sector and well-managed portfolios can only serve to benefit both tenants and landlords alike.” ...
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Fuel Prices Rise
Posted 2008-02-2
As temperatures outside drop and thermostats inside are cranked up, now is not the best time for consumers’ fuel prices to rise. Unfortunately, however, this is exactly what is happening; uSwitch.com notes that all but one of the major fuel...