P541 Teletext 541 Jan 7 01:32:15 ————————————— NEWS UPDATE ————————————— FIRMS WANT ID CARDS Most businesses favour identity cards as a way of combating credit card and other fraud, the British Chambers of Commerce report. About 98% favoured this option, while 54% said a simple card giving the holder's name, address, signature, photo and thumb print would suffice. A Government Green paper on anti-fraud schemes is expected in the spring. ——————————————————————————————————1/6—— Grants for property entrepreneurs 544 FREE MINI COLOUR TV ON PERSONAL LOANS OVER £5,00O SEE PAGE 538 Your Money Advice Property MortgagesP541 Teletext 541 Jan 7 01:41:52 ————————————— NEWS UPDATE ————————————— YORKSHIRE'S FEE-FREE LOAN Yorkshire Building Society has launched a fee-free loan designed to cut the cost of remortgaging and provide a hefty cashback package. Borrowers are guaranteed up to £200 towards legal expenses and may receive a maximum £4,500 cashback. The interest rate is set at the Yorkshire's 8.14% variable rate. More details on 0800 378 836. ——————————————————————————————————2/6—— Pick of the mortgage rates 545 DOWNLOAD SHARES ON YOUR PC p532/533 Your Money Advice Property MortgagesP541 Teletext 541 Jan 7 01:33:10 ————————————— NEWS UPDATE ————————————— £46bn HOUSING RECOVERY A modest recovery in the housing market could make British homeowners £46bn richer in a year, says mortgage company HMC. But this will only happen if the Government avoids "confidence- destroying measures", it says. The average UK house price will bj £54,400 at the start of 1996, the HMC says. cont... ——————————————————————————————————3/6—— Tourist rates 547 City news 500 ARE YOU LOOKING FOR HOME INSURANCE? SEE PAGE 432 Your Money Advice Property MortgagrsP541 Teletext 541 Jan 7 01:44:34 ————————————— NEWS UPDATE ————————————— £46bn HOUSING RECOVERY The average UK home could be worth £57,400 by early 1996, according to optimistic forecasts, says HMC. The mortgage company points out that this would give Britain's 15.5m homjownjrs an additional £46.5bn. Homeowers in the South-East could ste the best of this bonus, with an average rise of just less than £5,000 per home. ——————————————————————————————————4/6—— A starters' guide to savings 542 ARE YOU LOOKING FOR HOME INSURANCE? SEE PAGE 432 Your Money Advice Property MortgagesP541 Teletext 541 Jan 7 01:46:56 ————————————— NEWS UPDATE ————————————— BUSINESS FAILURES DROP The annual tally of businesses going bust in England and Wales fell by 16.3% in 1994, the largest percentage drop recorded by Dun & Bradstreet since 1980 Bankruptcies fell by nearly 8,000 from 48,066 in 1993 to 40,255 in 1994. Small business performance is now taken into account in calculations for the overall UK economic recovery. ——————————————————————————————————5/6—— Tourist Rates 547 Tax Information 548 DOWNLOAD SHARES ON YOUR PC p532/533 Your Money Advice Property MortgagesP541 Teletext 541 Jan 7 01:44:04 ————————————— NEWS UPDATE ————————————— GLOOMY SHOW BY UK PENSIONS UK pensions funds last year turned in one of their weakest performances for nearly 20 years, with a return of 4% according to a survey. But excellent performance in 1993 has helped keep the two-year picture positive with a return of 11% per year when inflation has averaged 2%. Longer term real returns over a 10-year term remain at around 7-8%. ——————————————————————————————————6/6—— Teletext 2000 shares 532-533 DOWNLOAD SHARES ON YOUR PC p532/533 Your Money Advice Property Mortgages