Personal Finance News

9 Dec

Tesco Bank and MoneyGram introduce enhanced money transfer options

The partnership between Tesco Bank and MoneyGram International, Inc., a global leader in cross-border P2P payments and money transfers, has been further enhanced by the launch of a new, simplified pricing structure for international money transfers.  This is exclusively available in Tesco stores; delivering value to Tesco shoppers and enabling them to quickly and easily […]

9 Dec

Brits set to spend £873 million on Christmas stocking fillers

A Christmas stocking is the quintessential festive gift and new research from American Express reveals people gifting stockings this year are set to spend an average of £45 on stocking fillers. With over a third (37%) of Brits planning to buy stocking fillers for loved ones this year, this equates to a £873 million spend […]

2 Dec

Young drivers 18% more likely to have an accident in winter than in the summer

Telematics car insurance pioneer, and road safety advocate, insurethebox has released data showing that young drivers in the UK are 18% more likely to have an accident in the winter, when compared to the summer months. The analysis, seemingly prompted by an ongoing trend of accidents rising across the UK in the months following the […]

1 Dec

2.7 million people still paying off debt from Christmas 2019

With an unpredictable festive season upon us, new research has revealed that 2020 is shaping up to give Brits one final, unexpected gift this Christmas: debt. The research from Tymit, the UK’s first instalment-only credit card, revealed that one in four celebrators (25%) are feeling the pressure to make this Christmas the best ever after […]

30 Nov

Young adults dip into day-to-day savings to combat covid costs

The ongoing global health crisis, economic downturn and uncertainty over income and job prospects over the last six months has forced 60% of people to tap into their savings to cover day-to-day bills and expenses, according to new research from Fidelity International. For people in their 20s, this figure rises to 78%. Young people have been […]

24 Nov

Three quarters of UK adults have had major plans cancelled in 2020 due to the coronavirus pandemic

New research from Aldermore bank reveals the significant social impact on Brits from the cancellation of major plans in 2020 due to the pandemic. The large scale of refunds means that in total £51.7bn has been received back due to major plans not going ahead. The most common cancellation for Brits was from holidays, with refunds […]

17 Nov

Lockdown bike crime spree: Estimated 113,000 bikes stolen since April

New research from Direct Line Home Insurance reveals more than £5 billion has been spent on bikes since the start of lockdown. In fact, a huge 14.5 million bikes have been acquired in the last seven months alone, with a total of 9.1 million people purchasing at least one bike in the UK since March. With […]

11 Nov

Brits losing sleep over money worries

The British public is more than twice as likely to feel anxious about their finances than they are to be content with them, leading to sleeping problems and distraction at work. A survey of 2,000 UK adults revealed the average person loses almost 22 hours of sleep each year thinking about their money woes in […]

10 Nov

RoosterMoney reveals what boys & girls really want this Christmas

RoosterMoney, the pocket money app and debit card, forecasts what’s going to top kids’ Christmas lists this year, based on what they’ve been saving their pocket money towards in the last few months. Unlike most Christmas list predictions, RoosterMoney’s data is based on what kids are actually doing with their own money, and what they’re […]