Personal Finance News

14 May

Zopa predicts summer of spending, as debit and credit figures rise

As the ONS issues its latest ‘Economic activity and social change in the UK, real-time indicators’ data, figures from neobank Zopa suggest consumer spending habits are about to start driving the economy forward. Clare Gambardella, Chief Customer Officer comments: “These figures, and our own credit card data suggest we’re heading for a summer of spending, […]

11 May

Money saving UK holiday tips – activities to enjoy this summer without breaking the bank

Lost income and economic uncertainty means many of us will have to live a little more frugally than normal this year. And though this might put that trip to Disneyland or the campervan holiday to New Zealand back a couple of years, it doesn’t have to stop us having fun. There’s a multitude of free […]

10 May

The Pros and Cons of Being a Landlord

Many people often wonder what life is like as a landlord and whether or not this is a good way to make money off of property either as a main source of income or as a secondary income stream. As with any type of job, there are both benefits and drawbacks to being a landlord […]

10 May

Younger holiday makers the most eager to travel ASAP and 1 in 3 plans to spend big to make up for 2020 holiday misery

In a survey response from more than 11,400 cardholders, the key findings were as follows: Key points: 43% of 18–25-year-olds and 40% of 26–35-year-olds ready to book and travel ‘As soon as restrictions ease’. 70% of 18-25’s and 62% of 26-35’s said they are not worried about longer waiting times at the airport. More than […]

7 May

Aldermore launches a range of competitive fixed rate bonds for new customers

Aldermore bank has today launched a range of fixed rate bonds for new customers, providing savers with competitive rates and more choice to realise their savings goals. The following personal savings products will be available immediately: One Year Fixed Rate Bond at 0.60% Two Year Fixed Rate Bond at 0.70% Three Year Fixed Rate Bond at 0.80% […]

6 May

Working from home? Here’s what you need to know about claiming expenses

With thousands of workers forced to work from home since March 2020, setting up a desk from the kitchen table has become an attractive option for companies looking to reduce overheads and slash rents. According to the Office for National Statistics, almost half of British workers were working away from their office or factory last […]

26 Apr

Brits to make up for lost time with plans to spend over £23 billion this summer

 It’s the moment that we have been waiting for, restrictions are starting to ease and with warmer months in sight, new research from American Express reveals that Brits are planning a summer of fun. From the much anticipated reopening of pubs and restaurants, to staycations, beauty and fashion, many Brits across the UK are set to […]

25 Apr

High inflation and low interest rates: A worrying combination for savings?

Article by John Ellmore, director of NerdWallet It’s been more than a year since the onset of COVID-19, and Britons have not experienced any financial respite. With many people being furloughed or made redundant, household finances have inevitably taken a hit. Indeed, a recent survey conducted by NerdWallet revealed that almost two fifths (38%) of […]

23 Apr

Money Saving Tips to keep TV costs low as social restrictions ease

TV has been a key source of entertainment during the pandemic and it is likely to remain critical for many months to come. But it can also be a source of anxiety as TV bills continue to grow and companies continue to pile on the pressure with mid-contract price hikes. Therefore, the importance of understanding […]