A Deadline You Need to Take Note Of

Every so often there comes along a new government rule in finance that we all have to take note of. The latest one is that we all have to swap out our fifty pound notes. Don’t sound the alarm just yet, Kiran Trivedi readers, it doesn’t mean all your 50 pound notes (if we’re lucky enough to have them), just the old style ones with the face of Sir John Houblon on the front. This note was first introduced into circulation in 1994. This old style of fifty pound note is being withdrawn from circulation by the Bank of England. They will be accepted...

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Why Is It Essential to Save Energy if You Want to Save Money?

Wherever you go these days, the cost of energy is rising. Why is this so important in the handling of your personal finances and how can you change it? All we have to do, Kiran Trivedi readers, is look at the situation in the UK energy market to know what is happening to energy prices across the board. The UK market is currently embroiled in yet another energy price row. This came about after a proposed 20 month energy price freeze from Labour leader Ed Miliband. The energy companies have reacted by you guessed it, raising prices before...

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UK Train Fare Rises: What You Need To Know

With my work for the KiranTrivedi Blog I work on a core principle. This principle is that when out your personal finance you need to budget. So why are train fares the current concern for budgets in 2014? The key element to note about a budget is that it can be volatile. A budget is based around the idea that you total your incomings and the divide them between your outgoing costs. Logically, this leads us to the conclusion that if an element of that budget were to change, to increase or decrease, then the entire budget needs to be redrawn. This...

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UK GDP Growing Faster than Originally Expected

Statistics released to the financial industry this month indicate that UK GDP (gross domestic product) is growing at a rate faster than initially expected. This further bolsters the position that the British economy has entered a period of sustained recovery. The statistics, released by the Office of National Statistics, (ONS), provides key insights on the rate of growth of the national economy. The key figure showed that GDP was up 0.8% in the July – September period from the same period in 2012. In this case this confirmed earlier figure...

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