Redundant man, redundant marriage?

By Lisa Toner

“A savage recession, like a war, shakes the traditional identity of men and women.”

Nick Clegg’s 2009 statement could not be closer to the bone for Karen Davidson, a 50 year old part-time admin worker, wife and mother from Midlothian. Her husband David, also 50, was made redundant from his job as a plant operator and has been unemployed for two years. [Read more…]

International Students Struggle with Student Accounts

graduatefinance.comBy Eva Deckers

International students in the UK are having a hard time finding student bank accounts.

While UK residents can opt for special offers to come with their students accounts, international students are left with no options but to save their money and hope for the best.

So far only Santander, the Spanish bank, provides international students in the UK with special services. With the promise of receiving at least £50 a month, a student can get up to 3.00 AER/2.96% gross (variable) on balances up to £500 a month.

However, these can only be acquired after the students have been living in the UK for over 3months. Olivia Rastoin, 20, a French student at Edinburgh Napier University says “the most annoying thing is that I can’t get an overdraft, which can be hard when living a student life”. She adds that “having a larger interest rate and free bonuses like rail cards would be very welcome but just aren’t available for overseas students like me.” [Read more…]

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