Author Archive: Andrew Hagger

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UK households gearing up to spend £3bn in Black Friday frenzy

07 Nov 2017 New research, commissioned by GoCompare Credit Cards, estimates that UK consumers will spend billions of pounds on the Black Friday weekend, which starts on Friday 24 November and ends on Monday 27 November (Cyber Monday). Clicks beat bricks for shoppers Just under a third (31%) of UK households say they plan to check […]

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Is the soaring cost of running a car creating a ‘car borrowing’ generation?

06 Nov 2017  The soaring cost of running a car appears to be leading more drivers to become car borrowers and sharers, rather than car owners, according to pay-as-you-go insurer Cuvva. In the last year, the average UK insurance premium has risen by 14.6% – five times faster than inflation – while car prices rose […]

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5 million over 50s plan to continue working after reaching retirement

30 Oct 2017  Research on over 50s’ retirement plans has found that half  of people want to continue working in some form after reaching retirement. Of these people, 43% plan to switch to part-time work, while 6% do not think they will ever stop full-time work. Based on these findings, Retirement Advantage analysis shows that if half […]

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Policy Expert warns homeowners of increased risk as clocks go back

26 Oct 2017 As the clocks go back this weekend and the winter nights draw in, millions of homes could be left vulnerable to opportunistic thieves while their owners are working. According to a survey of almost 4,000 people by home insurer Policy Expert, 5% more workers are getting home later – past 6pm – […]

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Independent Age launches Christmas Calculator

23 Oct 2017  Independent Age, the older people’s charity, has just launched its first ever online Christmas Calculator to help older people and their families budget for Christmas. For older people on a fixed income, the festive season can be a difficult time of year. Many people want to be able to buy gifts for their […]

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M&S to enter the mortgage market

23 Oct 2017 M&S Bank has just announced that it plans to offer mortgages to personal customers from early 2018. Sue Fox, CEO of M&S Bank, said: “Since launching as a bank just five years ago, the M&S current accounts have proven incredibly popular with customers who want a transparent bank account, with no overdraft […]

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Switch to contactless cards is hurting charities

18 Oct 2017  The switch to contactless cards is costing charities with nearly two out of five adults admitting they give less to street collectors as they do not carry as much cash, new research from Consumer Intelligence shows. Its nationwide study found 37% who regularly donate money to charity collectors say they have cut back […]

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6.4 million consumers have been targeted by fraudsters

17 Oct 2017   New research commissioned by pension provider Phoenix shows consumers release personal data that may leave them vulnerable to fraudsters.  As a result of providing this personal data, the research found that 12% of consumers – up to 6.4 million people – have been targeted by fraudsters. Looking at how fraudsters obtain this […]

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Good news for savers as Coventry Building Society increases the rate on its five year Fixed Rate ISA

09 Oct 2017  There is further evidence that savers are starting to be offered better deals as the chance of a Bank of England base rate rise becomes more likely. The latest snippet of positive news comes from Coventry Building Society which is giving both new and existing savers a boost by increasing the interest […]

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Pensioners earn £3,500 a month from their homes

09 Oct 2017   Retired homeowners have earned £3,500 a month from their houses in the three months to the end of August as their total property wealth hit a new record high, analysis* from leading over-55s financial specialist Key Retirement shows. Total property wealth owned by over-65s who have paid off their mortgages grew to […]

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