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First time buyers and renters in UK underestimate their outgoings, research finds

The majority of first time buyers and renters in the UK underestimate their monthly outgoing by almost £200 a month, suggesting they could have problems if their income reduced. Only 14% of first time buyers and renters are able to accurately calculate how much their outgoings will be from the outset, according to ongoing research from discount online firm VoucherCodesPro. It polled 1,673 people aged 18 to 30 from around the UK, each of whom had either bought their first home or rented a property for the first time in the last six months. Respondents were asked about their bills in the early stages of living in their property. Everyone taking part was asked ‘When taking into account the first month after you’d moved in to your current property, did you underestimate, overestimate or accurately calculate what your monthly outgoings would be for bills?’ The majority of respondents, 63%, said they underestimate how much their first round of monthly bills would be. When these people were asked how much they’d underestimated the amount by, the average answer was £198. When asked what bills they’d underestimated, specifically, the most popular answer was 42% gas and electricity, 27% water and 21% entertainment and television. Some 23% of the total respondents said they had overestimated how much their monthly outgoings would be in the initial stages of living in their home, with the average overestimation figure being stated as £167. Just 14% of the respondents said they accurately calculated how much their bills would cost them from the outset. When told to take into account their financial situation at the time of the poll, respondents were asked if they ‘lived comfortably’, ‘just managed to make ends meet’ or ‘struggled’. The majority, 54%, said they ‘just managed to make ends meet’, whilst 31% said they ‘struggled’ with the cost of living and 15% said they ‘lived comfortably’. ‘Moving out of home into your own place for the first time can be a bit of a learning curve, especially when it comes to bills,’ said Nick Swan, the firm’s chief executive officer. ‘Managing your money correctly and making sure you’ve accurately worked out how much everything is going to cost you is really important. When setting budgets and working out the cost of bills, it’s always best to overestimate and then you can put an excess into savings,’ he added. Continue reading

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Throw litter from cars and pay through your nose

Throw litter from cars and pay through your nose Staff Reporter / 25 March 2014 The Dubai Municipality has enabled the public along with officials to report littering and other cleanliness-related offences through the iDubai app. Irresponsible drivers beware! Hundreds of municipal officials and thousands of residents with sound civic sense are watching if you or passengers in your vehicle are throwing out cigarette butts or any other waste. With just a click on a smart app, they can book you for the offence that attracts Dh500 in fines. The Dubai Municipality, which has enabled the public along with officials to report littering and other cleanliness-related offences through the iDubai app, has intensified monitoring the wrong practices of drivers and passengers. “Some of drivers are not bothered about littering or spitting on the road while driving,” said Director Abdul Majeed Al Saifaie. “This phenomenon is more common among drivers of commercial vehicles than private and family vehicles. Hundreds of municipality officials are assigned to report this type of violations in additions to thousands of people who can voluntarily report any cleanliness issues via iDubai app from their smart phones” he said in a media statement issued on Monday. “As all of us are happy to join the ‘Smart Government’ initiative of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and the Ruler of Dubai. This is a golden chance for all to contribute in keeping our city clean,” he said. “Hence, everyone should be careful. The driver will be responsible for anything thrown out of his car. A fine starting from Dh500 will be charged for each offence. It is the duty of parents and teachers to educate children about the healthy and eco-friendly practices,” he explained. “We recommend everyone to keep a small waste bag inside the vehicle to put small waste during the drive and properly dispose it after parking the car,’ he further said. Cigarette butts, paper wraps, tissue paper and bottles are generally the items thrown out of cars. “We want to make Dubai one of the most comfortable places to live and do business. Everyone, regardless of their nationality, should learn best practices and cooperate with the civic body to keep our city clean and beautiful and thus protect the environment,” he added. sajila@khaleejtimes.com For more news from Khaleej Times, follow us on Facebook at facebook.com/khaleejtimes , and on Twitter at @khaleejtimes Continue reading

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Egyptian court sentences 529 Mursi supporters to death

Egyptian court sentences 529 Mursi supporters to death (Reuters) / 25 March 2014 Most of the defendants were detained and charged with carrying out attacks during clashes which erupted in the southern province of Minya after the forced dispersal of protest camps on August 14. An Egyptian court sentenced 529 members of the outlawed Muslim Brotherhood to death for murder and other offences on Monday. Family members stood outside the courthouse screaming after the verdict — the biggest mass death sentence handed out in Egypt’s modern history, defence lawyers said. State television reported the sentences without comment. A government spokesman did not immediately respond to calls. Several government officials said they could not comment on judicial matters. Most of the defendants at Monday’s hearing were detained and charged with carrying out attacks during clashes which erupted in the southern province of Minya after the forced dispersal of two Muslim Brotherhood protest camps in Cairo on August 14. Militants have also stepped up assaults on the police and army since Mursi’s ouster, killing hundreds and carrying out high profile operations against senior interior ministry officials. “The court has decided to sentence to death 529 defendants, and 16 were acquitted,” defence lawyer Ahmed El Sharif said. The condemned men can appeal against the ruling. The charges against the group, on trial in Minya since Saturday, include violence, inciting murder, storming a police station, attacking persons and damaging public and private property. “This is the quickest case and the number sentenced to death is the largest in the history of the judiciary,” said lawyer Nabil Abdel Salam, who defends some Brotherhood leaders including Mursi. On Tuesday, the Muslim Brotherhood’s Supreme Guide, Mohamed Badie, and 682 others will face trial on charges of incitement to kill. Only 123 of the defendants were in court. The rest were either released, out on bail or on the run. The government has declared the Brotherhood a “terrorist” group. Mursi, Mubarak’s successor as president, and other top Brotherhood leaders are on trial on a range of charges and accuse the military of staging a coup and undermining democracy. The army says it was acting on behalf of the Egyptian people, who took to the streets in their millions to call for Mursi’s resignation. For more news from Khaleej Times, follow us on Facebook at facebook.com/khaleejtimes , and on Twitter at @khaleejtimes Continue reading

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