Personal Finance News

Almost a quarter of UK adults have no savings to fall back on

15 Aug 2018  Millions of UK adults do not feel financially resilient and would not be able to manage a financial shock or loss of income, according to a new report from Zurich UK. Developed with neuroscientist Dr. Jack Lewis, the Cost of Resilience examines the impact that money, including having products designed to protect and insure […]

Identity fraud falls for the first time since 2014

 15 Aug 2018 Cifas, the UK’s leading fraud prevention service, has released new figures showing that identity fraud has fallen for the first time since 2014. Cifas members recorded 84,463 cases in the first six months of the year, a 5% drop compared to the same period in 2017 (89,199).  Despite the reduction, identity fraud […]

High streets feeling the pinch of fewer bank branches

13 Aug 2018 New research shows financial branch closures are piling the pressure on local high streets with nearly half (46%) of shop owners interviewed admitting that losing a local bank in the past three years has had a negative impact on their business. The study for The Nottingham Building Society among shop owners in areas […]

First-time buyers underestimate upfront cost of buying

08 Aug 2018 First-time buyers in just two regions of the UK intend to save enough money to get on the property ladder, with the rest underestimating the amount they are likely to need, according to new research. The latest First-Time Buyers report from Yorkshire Building Society shows not being able to save enough money […]

Revealed – the best average credit score locations across the UK

31 Jul 2018 New research by credit experts TotallyMoney has revealed the best average credit score locations across the UK, with Greater London soaring to the top, and Hertfordshire following close behind. http://www.totallymoney.com/credit-map-of-the-uk/ The Free Credit Report company looked at credit scores for all available postcode areas, to calculate the average score for that district. […]

Brits Splash the Cash on their 2018 Getaways

27 Jul 2018 With holiday season upon us, Debenhams Personal Finance have conducted research on consumer holiday spending, to see how our holiday habits have changed over the years. A survey commissioned by Debenhams Personal Finance found that the nation isn’t as good at sticking to a strict holiday budget in 2018, compared to previous […]