Money news for students and graduates
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16 September 2009
67% of students fear unemployment, research shows
More than two-thirds of students are worried about the state of the economy and how it may affect their ability to secure a job, new research has revealed.
A joint study by HSBC and the National Union of Students (NUS) discovered that 67% of learners feared unemployment and 29% believed they would not be able to continue with their studies if their parents did not give them financial support.
The survey also found that 40% of third-year pupils must take on work to ensure they can pay for their last 12 months of university. -
16 July 2009
Graduates 'should manage their debts'
Graduates would be well advised to ensure their finances are in order when they leave university to avoid getting into debt, one expert has suggested.
Head of Financial Services at Moneyfacts.co.uk Louis Kaszczak said former students should calculate how much they owe and then work out an effective monthly payment plan.
He remarked: 'Paying off [debts] charging the highest rates of interest first is key. The average rate payable on a credit card is 18.1%, while the interest payable on your student loan is much lower.' -
8 June 2009
Rothschild launches savings account
Rothschild, an international finance organisation, has launched a new fixed-rate deposit account, signifying a positive shift in the market, according to one comparison site.
Head of Savings Kevin Mountford at moneysupermarket.com implied that this provided customers with valuable extra choices when considering saving options.
'Rothschild's two-year fixed-rate deposit account at a high 4.35per cent AER, brings some welcome competition to the market for those with a £20,000 deposit,' he said.
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Pay increases continue, study shows
21 May 2009
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Women earning less but saving more, expert notes
20 May 2009
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FSB Chairman calls for individual pay negotiations
14 May 2009
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TUC warns against NMW freeze
10 May 2009
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Maximise your income, students advised
28 April 2009
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Expert: More student loan interest information needed
27 April 2009
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PwC: Budget contains warnings for local authorities
23 April 2009
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Hay Group: Banks must off bonuses to keep staff
17 April 2009
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Union calls for modest rise in pay for teachers
15 April 2009
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