Author Archive: Andrew Hagger

rss feed

Three-quarters of parents still feel responsible for adult child’s financial security

08 Feb 2018 More than three quarters of parents with children aged 18-40 said they still felt responsible for their child’s financial security some or all of the time, according to new research from Legal & General. The insurer surveyed over 1000 parents with children aged between 18-40, with the findings showing that the majority […]

Posted in: News Read More →

Green Flag warns more than 114,000 breakdowns (11 every minute) are expected this week

06 Feb 2018 As forecasters warn that Britain is set to have the coldest week of the year as temperatures continue to plummet. Leading breakdown provider Green Flag predicts more than 114,000 breakdowns will occur on Britain’s roads this week, as the difficult weather conditions take hold. An abundance of ice and snow showers are […]

Posted in: News Read More →

UK banks made nearly £10 billion from current account charges in 2017

02 Feb 2018 Analysis of over 11,000 UK personal current accounts (PCA) has revealed that the average holder was charged £152 in bank fees last year which, if incurred by every one of the 65 million active current accounts in the UK, suggests banks made £9.9 billion from charges in 2017. The data, collated by Plum, the […]

Posted in: News Read More →

Coconut launches smart business current account for freelancers and self-employed people

31 Jan 2018 Coconut has today launched a new smart current account combining banking and accounting services, designed specifically for the UK’s ever-growing freelance and self-employed workforce. The app-based business current account will prepare customers for HMRC’s ‘Making Tax Digital’ which starts rolling out from April 2019. Coconut features automated tax management and expense tools, […]

Posted in: News Read More →

We pay so you don’t have to: Co-op disrupts Travel Insurance market

27 Jan 2018 Co-op Insurance has today entered the Travel Insurance market, seeking to disrupt the sector by offering a new product shaped by its members. The new travel insurance product offers cashless medical expenses, for all ages and medical conditions, meaning customers will not have to pay out themselves for any medical treatment – a first […]

Posted in: News Read More →

Average car insurance bills soared 9.6% in the past year

26 Jan 2018 Car insurance bills have increased by 9.6% in the past year, but the relentless rise has gone into reverse following a Government U-turn, new analysis from insurance research experts Consumer Intelligence shows. Its data reveals the average most competitive premiums rose by three times inflation – 3% ­to – £837 but overall prices […]

Posted in: News Read More →

Less than one in five SMEs say their High Street bank understands their business challenges

25 Jan 2018 Just 17% of UK SMEs feel their high street bank fully understands the specific challenges of their business, according to Close Brothers Group’s quarterly business barometer of 900 UK SMEs. Close Brothers research revealed that UK SMEs were concerned that their high street bank was not well enough equipped to offer bespoke […]

Posted in: News Read More →

UK adults would rather save for a holiday than their future

22 Jan 2018 Short term saving is dominating Brit’s savings habits, with two in five (35%) prioritising saving for a rainy day fund over any other financial milestone, according to the latest sentiment research from Foresters Friendly Society. The findings reveal that less than a third of consumers (29%) view saving to provide a retirement […]

Posted in: News Read More →

Brits spend almost £900 to escape on holiday this winter

16 Jan 2018 More than a third (37%) of Brits will go abroad to seek out the sun this winter, according to new research from Halifax, spending an average of £840 per person. 38% of Brits surveyed admit that the cold weather brings out a bad mood, with this figure rising to 42% for women, […]

Posted in: News Read More →

26 million may be at risk from not checking their credit rating

15 Jan 2018 Millions of people are risking their financial future by not checking their credit score, according to Amigo Loans. New research from the UK’s largest guarantor lender has revealed over half of Brits have never checked their credit file, meaning millions could be jeopardising their financial freedom. There are approximately 51.7 million adults […]

Posted in: News Read More →