Personal Finance News

Report suggests average Brit is juggling £5,000 worth of debt

Britain is a nation of debt jugglers, constantly moving large balances between cards until we hit ‘money maturity’ in our fifties and decide to stop playing a game of loans. According to a survey from the AA, 5.4 million people (11%) have transferred balances between credit cards. On average, people have made three transfers. 2.6 […]

M&S Bank brings back its most rewarding current account offer

M&S Bank is bringing back its most rewarding current account offer; from today (Tuesday 19th July), new M&S current account customers can enjoy up to £220 to spend in M&S if they switch and stay with M&S Bank.  Customers who switch to one of the M&S current accounts using the Current Account Switch Service (CASS) with […]

More people taking pets with them on holidays abroad

A report this week from Sainsbury’s Pet Insurance shows that more pets are going abroad on holiday with their owners than ever before, in part to avoid both parties suffering from ‘separation anxiety’. For many pet owners, dealing with being apart from their beloved pet can prove challenging. Six out of ten pet owners claim to have felt […]

Holidaymakers fail to disclose medical conditions for fear of higher premiums

One third of travellers fail to disclose a medical condition or health issue for fear of travel insurance becoming unaffordable Two-thirds of holidaymakers feel that knowing they have specialist travel insurance cover makes them more at ease and more relaxed during their time off Younger travellers under 35 are mostly preoccupied with allergies, while the […]

More than half of us are pestered by nuisance calls offering high-risk financial products

More than half of adults in Britain (29.5 million people) receive unsolicited phone calls offering high-risk financial products and around one in eight are being called every single day, according to new research from StepChange Debt Charity. The charity wants to see action from the Financial Conduct Authority and Her Majesty’s Treasury to ban unsolicited […]

School summer holidays set to cost the average British family £640

With schools across the UK breaking up for summer, new research from American Express reveals that the average family with two children is expecting to spend £640 on activities and treats to keep their kids amused over the school holidays. Days out top the list of school holiday spending, with parents splashing out an average of £232 […]