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Families borrow £654 for Christmas celebrations

Eight million adults - 16 per cent of the UK population - expect they will have to borrow money to pay for Christmas this year, research from Thinkmoney has found.

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Help to Buy mortgage guarantee launches

The Government's £12 billion Help to Buy mortgage guarantee scheme - designed to help thousands of people with small deposits get onto the housing ladder - has launched three months ahead of schedule.

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One in three women protected by life assurance

Two in three women have never taken out a life assurance policy, according to a survey from insurance and pensions provider Friends Life.

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Universal Credit criticised by spending watchdog

The Government's welfare reform programme - Universal Credit (UC) - has suffered from 'ambitious timescales' and 'weak management', according to a report by the National Audit Office (NAO).

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Parents spend £180 on new school year

Parents of school children aged five to 16 years-old spend an average £180 per child equipping them for the new school year, research from YouGov has found.

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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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