Peter Payack Finance

LONDON, UNITED KINGDOM — (Marketwire) — 04/14/09 — Responding to new figures suggesting that less than half of consumers put money into savings on a regular basis last year, financial solutions company Think Money has emphasised the importance of putting money aside each month, adding that people with savings have more protection against debt and other unexpected financial circumstances.

A new survey from National Savings & Investments (NS&I) has claimed that just 47% of people in the UK made regular savings throughout 2008, meaning that over half either put money away from time-to-time or saved nothing at all.

However, NS&I also said that people who are saving have increased the amount they put away on average, with a higher level of savings in the three months to the end of February 2009 than in any quarter since records began four years ago.

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The Office of Fair Trading has told 11 financial management businesses with ‘look alike’ websites posing as official or charity advice sites to close them down immediately, and is warning consumers to take care when searching for debt advice online.

The sites use similar or slightly amended domain names which imply that they are affiliated to organisations such as Citizens Advice, Advice UK, National Debtline or the Consumer Credit Counselling Service. Some of the website names also imply that they have some official status or sanction from the Government.

Parts of the content of these ‘look alike’ websites are often copied from legitimate sites offering free advice, despite the companies involved charging fees.

Read more: Closure of ‘look alike’ debt advice websites sought by Office of Fair Trading

GALWAY, IRELAND–(Marketwire - March 31, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) — Iberdrola Renovables SA (MCE:IBE) (Bilbao, Spain), one of the world’s largest wind-power generators, has denied media reports that the company plans to cut investment in U.K. wind power projects by up to 40%. The Times newspaper reported that the cut would amount to a loss of more than $425 million and could seriously harm the U.K.’s efforts to become a world leader in renewable energy.

For details, view the entire article by subscribing to Industrial Info’s Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=145202, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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Think Money moves up 40 places this year proving that it really is thinking about its employees as well as its customers.

The group is one of the UK’s largest and longest-established providers of financial products and information, providing clients with practical assistance in every aspect of managing their finances from loans and mortgages to banking and debt advice. The workforce believes it is not only principled, but that it makes a real difference to the world, winning it positive scores of 79% and 75% respectively in our staff engagement survey.

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Other articles about Think Money:

• http://www.bestcompaniesguide.co.uk/company_profile.aspx?companysurveyid=39981
• http://www.fundraising.co.uk/newswire/2008/06/12/think-money-employees-crowned-quotcharity-championsquot
• http://www.langworthyroad.salford.sch.uk/thinkmoney/ThinkMoney.htm

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The Government may have to force banks to offer more loans and mortgages if the current situation continues, according to a leading economist.

Jonathan Loynes, Chief European Economist at Capital Economics, said: “[The government has] got to … encourage [banks] or perhaps even force them to actually lend … money into the wider economy so that households and companies can operate in a normal way.”

He added that reducing interest rates and increasing funds for loans were “all very well”, but said that promoting lending has to be a top priority.

Loans have been in relatively short supply in the past 18 months, as banks have experienced a combination of limited funds for loans and reduced confidence in lending.

A loans expert for Think Money said: “Loans are more difficult to come by than they were, perhaps, 18 months ago, but they are still very much available. We recommend people looking for a loan contact a loans adviser to improve their chances of finding the best deal.”

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Think Money work with a panel of lenders to offer a range of loans. If you are thinking about getting a loan, contact one of our expert loan advisers today.

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