Update on your Money.co.uk

Unemployment benefits and allowances.

Losing your job is a a big enough trauma in itself without the stress of trying to understand what you are entitled to and how to get it. We have published a page with information on the various allowances and links to resources and organisations that might be of help and advice in obtaining all of the allowances and unemployment benefits you are entitled to.


Spread betting explained

Spread betting has been high growth sector in financial services over the last few years. There is no doubt that the tax treatment of Spread betting profits when compared to CFDs (Contracts for Difference) has been a factor.

We have published an article explaining spread betting and put in some links to spread betting articles from some national newspapers.

Spread betting is a speculative venture where you can lose more than you stake. However it is possible to use Spread betting to hedge a portfolio if it is not possible for other reasons to actually deal in the shares.

Read our article on Spread Betting and carefully consider before going further

Your Money Blog

We now have a news system in place for using the blog to comment on current News items.

Recent News items include:

• A report from Which Magazine that Airports are amongst the worst places to exchange your foreign Currency.
• The Chancellor is blasting the banks for high interest rates and Bank charges.
• Birtain's pensioners have been so badly hit by the reduction in interest from savings that they are now among the poorest in Europe.
• The traditional Seaside resort is no longer the retirement location of choice among the comfortably off.

Credit Crunch Humour

Yes I know it;s not funny. The state the country has been placed due t the incompetence of bankers and Politicians. However if there was ever a truth in the statement that out of tragedy is born humour the the Credit Crunch is a good example.

We have placed some links on the site to Bird and Fortune and to the Daily Show in the United States with Jon Stewart.

Credit Crunch Humour at yourmoney.co.uk

We have now updated the page in sale and leaseback described a s a toxic area which is now regulated by the FSA

Contracts for Difference - CFD Trading

What does CFD stand for ?

Now added a new page on CFD trading on the YourMoney.co.uk site and why CFD training and watching or reading a CFD tutorial is important.

Contracts for difference can be a useful investment tool but due to their gearing CFD trading can be highly speculative. Most brokers who offer Contracts for difference will also offer some CFD training and a CFD tutorial.

You can read the full article on Contracts for difference on the Your Money.co.uk web site