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Viewing entries posted in July 2016

6 ways mental health can get you into debt

Posted by MMB Finance Swindon and Gloucester on 25 July 2016

The Money and Mental Health Policy Institute has discovered that mental health and money problems go hand in hand. Comfort spending, impulse buys and lavish gifts. People suffering from mental health issues almost always find that their ability to look after money property is affected in some way, according to one of the largest studies ever done on the subject. Some 93% of people with mental health problems said that they spend more when they are unwell, according to the survey of over 5,000 people who self-identified has having a mental health problem. Of those surveyed, 88% said they were behind in paying bills.

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One month on, what has been the impact of the Brexit vote so far?

Posted by MMB Finance Swindon and Gloucester on 22 July 2016

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The EU referendum campaign was marked by a lot of claims about what would or wouldn’t happen after the vote. What is clear is that the decision to leave the union will have far-reaching consequences for all areas of British society and the economy for years to come.

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Mad Mike Whiddett drifts Swindon Magic Roundabout

Posted by MMB Finance Swindon and Gloucester on 21 July 2016

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The New Zealand drift racer takes on Swindon’s iconic roundabout. For the uninitiated, the Magic Roundabout is one of the wildest, weirdest pieces of town planning anywhere in the world, a giant mother of a roundabout in the Wiltshire town surrounded by a myriad of satellite baby roundabouts.

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BoE: no evidence of slowing activity post-Referendum

Posted by MMB Finance Swindon and Gloucester on 20 July 2016

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Despite business uncertainty rising "markedly" following the EU Referendum, the Bank of England says that there is "no clear evidence of a sharp general slowing in activity". The Bank's research shows that many firms are only just beginning to formulate new business strategies in response to the vote and, for the time being, are seeking to maintain ‘business as usual’. Many firms said there is currently a lack of information on which to base major decisions.

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The Government Is Paying Homeowners To Go Solar

Posted by MMB Finance Swindon and Gloucester on 19 July 2016

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How government incentives of £4,940 have made solar panels a solid investment in 2016. The UK should have 10 million homes with solar panels before 2020 if the Government is to fulfil its renewable energy targets. In order to hit these targets the Government is incentivising homeowners with huge savings on their energy bills and tax free cash earnings. The government is rumoured to be considering the future of these incentives as experts are now suggesting that solar pays for itself with a combination of low installation costs and high energy bill savings.

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