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Pocket money paid by three quarters of parents

Almost three quarters of all UK parents pay their children pocket money, according to a survey by insurance provider Aviva.

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Mortgages at most affordable for 14 years

Mortgages are at their most affordable in 14 years, with payments accounting for just over a quarter (27 per cent) of a new borrower's income in the second quarter of 2013, research from the Lloyds Banking Group has found.

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Teach tax in schools, say tax groups

Basic tax education should be taught in schools, two leading tax groups have told the Department for Education (DfE) as part of a review into the national curriculum.

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17 per cent of homes without internet access

Four million UK households have no access to the internet, data from the Office for National Statistics has shown.

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£3bn paid in inheritance tax in 2012/13

Inheritance tax cost families and individuals more than £3 billion in 2012/13, according to figures from the Office for National Statistics (ONS).

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More over-55s using equity release to fund retirement

Growing confidence in the housing market and the need to supplement retirement income is causing a large rise in the number of over-55s turning to equity release to free up cash from their homes.

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Help to Buy mortgage guarantee details confirmed

The second stage of the Government's Help to Buy scheme will not be available to second-home buyers, Chancellor George Osborne has confirmed.

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First-time buyers in lengthy deposit wait

A young, single person in England faces a 14-year wait to save for a deposit to buy their first home, according to an independent report commissioned by housing charity Shelter.

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A third of workers take on second jobs to boost income

Three million Britons (six per cent) have taken on a second job to boost their primary monthly income, with one in three (36 per cent) supplementing their income in some way with an additional £2,536 a year, research from Direct Line has found.

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Less than half saving enough for retirement

More than half of those who could, and should, be preparing financially for later life are not saving enough and one in five is saving nothing at all, according to a report by Scottish Widows.

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