Personal Finance News

10 Aug

Scammers targeting Students

NatWest is issuing an urgent scam alert as over half of all students have been actively targeted by criminals this year. The alarming statistics are revealed in the 2022 NatWest Student Living Index, due to be released in full on 12 August. Over the last year, fraudsters have been increasingly posing as bank staff and […]

2 Aug

Top tips for saving money on holiday abroad

Over 55s are the most cost savvy holiday-makers, says a new Opinium survey, apart from when it inconveniences them. The survey of 1,000 UK adults who have hired car, was carried out on behalf of, a leading provider of stand-alone car hire excess insurance, and reveals travellers’ top tips on saving money when holidaying abroad. […]

25 Jul

Over a third wish they had started saving at a younger age

A survey of 2,000 UK adults was conducted by WEALTH at work, a leading financial wellbeing and retirement specialist. It asked people if there was anything they wish they had done differently when it comes to their finances, and what they wish they had known. It revealed that over a third (37%) of UK adults […]

19 Jul

Tesco shoppers can get Christmas cash bonus

With 160 days to go before Christmas and just five pay days left*, Tesco is helping its customers get ahead for the festive season with its Clubcard Christmas Savers. The saver account allows Clubcard members to save the vouchers they collect as they shop throughout the year. With the average weekly shop for a family […]

11 Jul

Increase in cost of living takes its toll as one in six Brits take out debt

According to the survey of over 5,800 participants, 83% have worries about their personal finances right now and, as a result of living cost increases, some are expecting to save less towards their goals or not at all, and planned spending is being cancelled or delayed: Of those cutting back on large expenditures in the previous / next six months due to the increase in cost of […]

5 Jul

Poor credit scores put 20.2m adults at risk of paying extra £693 interest on credit card balances

With Brits paying interest on 54% of credit cards, those with a less-than perfect credit score or no credit history could be paying considerably more for their borrowing. Worryingly, the number of adults with no credit history at all has grown by 29% in the last six years†. Poor credit scores and thin credit files […]

28 Jun

Holidaymakers urged to protect £41bn travel spend amid summer of cancellation chaos

TotallyMoney, the credit app which helps everyone move their finances forward, is calling for customers to protect purchases with Section 75 of the Consumer Credit Act 1974. Airlines cancelling thousands of flights amid staff shortages and accusations of travel firms ‘seriously overselling of flights and holidays’* Brits are expected to spend a massive £41bn on […]

27 Jun

Ways to save money as fuel prices reach record high

Nearly half (48%) of UK adults say they are using less motor fuel than a year ago, and 45% report using less than a month ago, as forecourt prices continue to soar, according to an Aviva survey1. The price of motor fuel has increased by 32.8% over the past 12 months2, and with the cost […]

21 Jun

E- Bike thefts up by 37% last year

E-bike owners are being warned to be on their guard as insurance claims for cycles and accessories climb. Aviva data reveals UK theft claims for e-bikes rose by 37% in 2021, compared to the previous year. The growing popularity of e-bikes is also reflected in the insurer’s figures. Theft claims have rocketed in recent years, rising […]