Author Archive: Andrew Hagger

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UK Grandparents worth £5 trillion

26 Sep 2018 New research from Charter Savings Bank shows grandparents are collectively worth over £5 trillion – the equivalent of £350,634 each – and expect their children and grandchildren to be as well off as them when they reach the same age. Despite owing much of their wealth to being part of the property-owning generation […]

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Savvy Brits choose September for bargain breaks

21 Sep 2018 Holidays should be a time of rest and relaxation but some find the summer months expensive and hectic, so for many Brits, going on holiday after the summer rush is the preferred option. New research from Sainsbury’s Bank reveals 12% of Brits prefer to take their main holiday in September, equating to […]

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Three in 10 car buyers drive into trouble after dipping into savings

18 Sep 2018 Three in 10 drivers have left themselves short after buying a used car outright, according to research from AA Cars, the AA’s used car website. Of those that used their own money to pick up secondhand cars and then found themselves in hot water, 55% say they had to dip into savings put […]

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First-time buyers making more sacrifices but still missing out

13 Sep 2018 First-time buyers are missing out on Government bonuses available through Lifetime ISAs and Help to Buy ISAs despite making major sacrifices to achieve their property dream, new research from The Nottingham Building Society shows. More than one in four would-be first-time buyers say they’ve moved back in with parents so they can save […]

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Fourfold increase in number of families opting for lower cost funerals

10 Sept 2018  New data out today from the UK’s largest funeral provider – the Co-op, shows almost four times as many families are now opting for lower cost funerals. Figures from the Co-op also show over a third (34%) of people think cost is the most important part of a funeral.  This figure increases with […]

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Buried in debt: mourners borrow £1,700 to pay for loved ones’ funerals

05 Sep 2018  New research from Royal London reveals the average cost of a funeral is £3,757, with costs having stabilised this year (£3,784 in 2017). The Royal London National Funeral Cost Index, in its fifth year, shows that London has consistently been the most expensive region in the UK for a funeral, with the […]

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Kids to carry £2.1 billion worth of valuables back to school

04 Sept 2018 This September, children will go back to school each carrying an average of £242 worth of valuables in their backpacks, new research from home insurer Policy Expert has revealed. There are over 8.7 million children aged between six and 16 at school in the UK – meaning there are more than £2.1 […]

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Two thirds of students live in overdraft with parents picking up the bill

03 Sept 2018 They may have a reputation for being more concerned with planning big nights out on the town than getting down to serious study, yet according to new research money is the single biggest cause of stress for the current crop of students. For the majority of students an overdraft is essential, with […]

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Brits return home with £57 in unspent currency

28 Aug 2018 As many UK holidaymakers gear up for late summer holidays in September, new figures reveal they are returning home with an average £57 each of foreign currency jingling in their pockets according to Sainsbury’s Bank. Across the UK, those from Belfast return with the most foreign currency (£74), followed by Edinburgh (£67) […]

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Brits keeping financial debts hidden from their partners

23 Aug 2018  A surprising number of British adults are living with secret debt, concealing it from their partners, new research has revealed. The survey of 1,003 UK adults carried out by the UK’s largest personal insolvency practice, Creditfix, found that more than a half of Brits are keeping their debts secret from their partners. Of […]

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