Cyber Monday 2014 poses a very real danger to your wallet

Cyber Monday 2014 is this Monday, December 1. It follows hard on the heels of Black Friday, is yet another American import and once again is about retailers netting profits rather than you netting a bargain. Pay attention. Just in the same way that Black Friday ‘bargains’ generate a shopping surge on the high street, so Cyber Monday tempts us to spend with an array of online bargains and deals. But if you get caught up in all the marketing hype how do you actually know you’re gettting a real bargain? And unlike phsyical sales in stores, it’s just so […]

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Why Black Friday 2014 gives retailers a rosy glow

Black Friday 2014 falls on November 28. If there’s anything black about it’s the feeling your liable to get when you look at next month’s bank statement and discover that your desire to bag a bargain has put you in the red. We imported Black Friday from the US. It  always takes place on the last Friday in November, which has long been the start of Christmas shopping on the other side of the Atlantic and follows on from the spending and consumption that surrounds Thanksgiving. Black Friday 2014 is a tricksy little marketing device. Under the guise of ‘bargains’ […]

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Full competition inquiry into banking

Don’t wait for the verdict on banks, energy companies and supermarkets. Treat them as guilty if you want to look after your money. The Competition and Markets Authority (CMA) today announced it will carry out a ‘full competition inquiry’ into current account and small business banking markets. In its cross hairs are ‘the big 4′ – Royal Bank of Scotland, Barclays, Lloyds and HSBC, who together control around 75% of the current account market. It has widened the scope of its inquiry into banking first announced in July. Only last week the Serious Fraud Office (SFO) announced an investigation into […]

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