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Skiving school children cost UK parents £3.7m in fines


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6 Jan 2014

A record 10,185 UK parents were found guilty of truancy in 2012, with nearly 6,500 receiving fines Ministry of Justice figures showed.

The figures represent a 36% increase over the last four years.

In total skiving school children cost their parents £3.7million in fines in 2012 – that’s £20,000 per day in punishment. ...

New projects announced to help separated parents


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16 Dec 2013

The government has announced ten new pioneering projects chosen to help separated couples resolve long-standing grievances, and work out financial and parenting arrangements that are in the best interests of their children. 

Worth 3.4m, the projects will test new ways for separated parents to overcome their differences, as part of an overall £10m investment through the Innovation Fund....

Cost of energy hits family budgets, says ONS


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13 Dec 2013

The increased cost of energy has helped make housing the most expensive part of the family budget, according to new figures.

The Office for National Statistics (ONS) said housing expenses overtook transport as the biggest part of household spending in 2012.

Housing includes rent, fuel, electricity and maintenance, but excludes mortgages....

Good news – salaries on the rise!


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11 Dec 2013

Salaries across England have risen at the sharpest rate in six years according to the latest report on jobs from the Recruitment and Employment Confederation (REC).

Salary growth is now at a six-year high, with the number of permanent and temporary appointments also seeing a strong, steady rise.

The increase in permanent placements was evident in all four of the English regions, with the Midlands registering the fastest growth. ...

Government to cap pay day loan interest rates


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29 Nov 2013

The government is to cap the levels of interest ‘payday’ lenders can charge borrowers.

The Financial Conduct Authority (FCA) is yet to decide at what level the cap should be set and will seek consultation with lenders before doing so.

In Australia a 4% interest cap for such loans is already in place. 

There is “growing evidence” to support the move, according to the treasury. The FCA were reluctant to impose such a measure last month, but have seemingly u-turned on their decision. ...