money

Mums forced in to debt after arguments over child support

New research has revealed that when parents split up, mums often find themselves struggling to cover their basic living costs, with 39 per cent taking out loans or relying on their overdrafts to make ends meet.

A staggering quarter of mums said they don’t receive any regular financial help from their child’s father, leaving them to cover the cost of raising their child by themselves...

Social enterprises in Plymouth invited to apply for funds

Social enterprises across Plymouth are being invited to apply for a share of a £300,000 pot of loans and grants to help their business flourish.

Plymouth City Council is launching another round of its innovative Social Enterprise Investment Fund and the successful bidders will be able to join a growing rank of organisations who have received capital investment to turn cracking ideas...

SW firms missing out on “cash mountain” that could help them grow further

South West firms could be missing out on a ‘cash mountain’ that could help them to expand, says Lloyds Bank Commercial Banking after new figures found they were tying up millions of pounds in excess working capital.

The research shows that businesses across the south and the east of England have at least £138.3billion tied up in excess capital, as business growth continues to soar....

Public Bodies and Businesses Talk the Same Langage

Plymouth City Council and Devon County Council strategic transport experts met last week with a group of businesses based at Langage, Plympton to update them on the ongoing and future road and infrastructure schemes around Deep Lane and Sherford and the wider Plymouth area.

The Langage Business Group, led by Matthew Bryant of Kitsons Solicitors, met at the offices of Brewin Dolphin...

Aged 24? Get ready for your life’s greatest financial bottleneck

Plymouth residents face the most financial pressures in life in their 20s, with four of the nine biggest (and most expensive) life moments landing within a matter of years.

From getting engaged at 24 and buying the first family car at 26 married at 27, to having a baby just after this and buying the first family home at 28, our 20s are one of the most stressful, expensive times in our...

Communities raise vital funds for heart research

Hundreds of generous fundraisers across the South of England have joined the fight against heart disease by raising an almost £336,000 for the British Heart Foundation’s (BHF) life saving research through its Do Your Own Thing campaign.

From fun runs and sponsored spin-a-thons, to charity quiz nights and bake sales, dedicated supporters across the region have been showing they’re all...

SW schoolchildren to take part in My Money Week

Pupils at all schools across the South West are being given the opportunity to learn more about money and personal finance during the eighth annual My Money Week, run by the UK’s leading financial and enterprise education charity Young Enterprise, incorporating pfeg (Personal Finance Education Group). It is the highest profile, and most recognised personal finance education initiative in...

Over £2.3m allocated to key projects to help city flourish

Over £2,300,000 of developer contributions are to be allocated to a number of projects designed to help the city grow and flourish.

A number of delegated decisions have been signed off this week following a meeting of the Council’s Capital Investment Board – which meets every month to allocate capital funding or authorise more detailed work to various projects.

As a result the...

Universal Credit: What you need to know

The Government’s new Universal Credit comes into effect at the end of this month. The new benefit starts to roll out in Plymouth from 25 January and as a result of this national policy, Plymouth City Council has signed a delivery partnership agreement with the Department of Work and Pension (DWP) to support residents in the claim process. The agreement includes the provision of assisted support...

Fee-free bank accounts to launch

Millions of bank customers across Britain stand to benefit by hundreds of pounds as nine major banks launch fee-free basic bank accounts from 1 January.

The accounts will be available to anyone who doesn’t already have a bank account, is ineligible for a standard current account or who can’t use their existing account due to financial difficulty.

For the first time they will be...

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