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You can make your money work for you, is the message from the Consumer Council as they launch Northern Ireland’s first ever Money Week in association with Coleraine Borough Council. Consumer Council research shows that consumers here are bottom of the UK league when it comes to managing our money . Money Week is a series of events designed to help people develop the skills and confidence to manage their money, budget wisely, save for a rainy day and know where to get help if they’re worried about money.

The Consumer Council today urged all banks and building societies to act now and pass on last week’s cut in interest rates to hard-pressed homeowners immediately.

The Consumer Council has welcomed today’s 1.5 per cent cut in interest rates and urged all mortgage lenders to pass it on to consumers immediately.