Personal Finance News

Travel insurance lessons from the Ryanair cancellation fiasco

24 Sept 2017 Thousands of tourists have been left with cancelled flights, or stranded in airports around the world after a staff holiday mix up by budget airline Ryanair. Manager of Travel insurance at comparison website, Compare Cover, Simon Williams, says there are a few lessons that DIY travellers can learn from this incident. He […]

Lost or broken your iPhone 8 on Day One? Get a new one within 4 hours!

24 Sept 2017 The days of waiting weeks to have your lost, stolen or damaged gadgets repaired or replaced are officially over, with the launch of InMyBag, a ‘breakdown service for your bag’. In a UK first, InMyBag guarantees to repair or replace up to £5k of gadgets — such as mobile phones, tablets and laptops […]

Car insurance bills are rising five times faster than inflation

21 Sept 2017 Car insurance bills are rising five times faster than inflation, taking average annual bills to £755, new research from insurance research experts Consumer Intelligence shows. Its data shows average premiums rose by 14.6% in the past year – five times inflation at 2.9% ­– but there is some relief with the pace of […]

Lack of savings makes goals out of reach for many

19 Sept 2017 The latest research from Aldermore’s 2017 Annual Savings Tracker reveals that over three fifths (61%) of the nation are saving, putting away an average of £2,748 a year. However, while it seems the savings message is recognised by the majority of people, the rate at which the nation is saving means that […]

Co-op Insurance research claims students risk safety on the road

19 Sept 2017 As half a million students are off to university this month, Co-op Insurance is warning of the dangers of over-packing cars ahead of these journeys. The study conducted among UK students revealed that three quarters travel by car when moving into or out of their student home. Of these, two fifths (41%) […]

2.5 million UK home buyers pay too much for their mortgage

13 Sept 2017 New analysis of the mortgage market by Tesco Bank reveals that up to 2.5 million UK home buyers may be over-paying on their mortgage as a result of slipping onto higher Standard Variable Rates (SVRs) at the end of their fixed rate period. With the typical SVR at 4.39% compared to the […]