Personal Finance News

Motor claims increase by a fifth as Black Friday sales start

20 Nov 2017  Co-op Insurance is urging motorists to be alert on the roads this Black Friday as its claims data reveals that motor incidents increased by almost a fifth (18%) on this day last year, in comparison to 2015 data. Whilst ‘Black Friday’, due to fall on 24th November this year offers bargains galore to consumers, […]

Millennials likely to have 12 jobs in their working lives, twice the national average

20 Nov 2017  The average Brit has six jobs in their lifetime, according to new research by Investec Click & Invest released today.  However, those aged between 18 and 34 plan to only stay in their current job for an average of three years and four months, which equates to an average of 12.5 jobs […]

One in ten say they moved home after a burglary

15 Nov 2017  More than one in 10 Brits had to move home after being burgled, according to new research by home insurer Policy Expert. The survey of 4,525 adults, which reveals the true cost of burglary, also found that a third had difficulty sleeping after the incident and almost 8% admit they couldn’t be left […]

Savings accounts boost pensioners’ incomes by a fifth

15 Nov 2017   New research from Charter Savings Bank shows how important savings are to retirement planning, as pensioners rely on their cash savings for up to a fifth of their annual income. Its nationwide study found 77% of retired people use cash saving accounts to generate part of their income in retirement highlighting the importance […]

Brits risk home security at Christmas

14 Nov 2017   38% of UK adults leave presents under the Christmas tree, making them visible and easy targets for opportunistic thieves, according to a new study released today by Co-op Insurance. In fact, Co-op Insurance can reveal that home break-ins are 43% more likely to occur throughout November and December as the nights get […]

Cost of utilities has risen at triple the rate of inflation over last 20 years

10 Nov 2017 The cost of utilities has risen at almost triple the general rate of inflation for the typical UK household in the last 20 years, according to Tilney’s Household Inflation Index. The findings come as SSE and Npower announce their merger, following the government’s proposed crackdown on the soaring cost of energy bills. […]