Sitemap

Site Feeds

Pages

Monthly Archives

Categories

Top 20 Tags

All Articles

Car insurance premiums soar by 15.7% in the past year

| June 23, 2017

Drivers are facing accelerating increases in car insurance taking average premiums to £666 as Government compensation rules come into effect, new research from insurance research experts Consumer Intelligence shows. Average car insurance bills have increased by 15.7% in the past year – more than five times inflation – with nearly half the rise happening in the […]

Over 50s on staycation risk being left out of pocket

| June 19, 2017

Research by Saga Travel Insurance has revealed that 350,000 over 50s have travelled without insurance in the last 5 years. With reports suggesting that the weakening of the pound is resulting in a rise in so-called ‘staycations’, the survey of almost 12,000 shows that of those not taking out cover almost eight in ten were […]

One in seven ‘borrow’ Wi-Fi to ease financial pressures

| June 19, 2017

New research from Santander UK reveals that over seven million adult Brits (14 per cent) have used someone else’s Wi-Fi because they cannot afford their own. The study found that five per cent of people have ‘borrowed’ Wi-Fi from their neighbours because they couldn’t afford their own, Five per cent have spent time in a […]

Inflation squeeze hits UK households

| June 14, 2017

The latest data shows UK inflation (CPI) grew by 2.9% in May 2017, up from 2.7% in April. This change in inflation leaves UK households collectively needing to find an extra £21.7bn a year to maintain their standard of living compared to 12 months ago, according to Retirement Advantage. Each household will typically need to spend […]

New travel friendly credit card for cheaper holiday spending

| June 14, 2017

Holiday makers will see their money go further this summer after B, the digital banking service powered by Clydesdale and Yorkshire Banks, launched its travel-friendly credit card with no charges for overseas transactions. The card removes the typical 3% credit card foreign exchange fee for purchases abroad and allows customers to access competitive foreign exchange […]

People still stashing cash under their mattress

| June 7, 2017

One in ten Brits still stash cash under their mattress, according to a new study by pension advice specialist, Portafina. The research, which polled more than 1,500 UK adults, looked at the average amount of cash carried, and hoarded at home, plus opinions on the impact of becoming a cashless society. With digital payment methods […]

9 out of 10 Brits under estimate retirement costs

| June 6, 2017

Nine out of 10 Brits have unrealistic expectations of how much money they will need in retirement, reveals a new poll. The findings from deVere Group, one of the world’s largest independent financial services organisations, come days after a report from the World Economic Forum (WEF) calculated that the UK pension savings gap will rise […]

Big six lenders punish customers who slip onto their Standard Variable Rate mortgage rates with £3,240 annual repayment hike

| June 2, 2017

The UK’s six biggest mortgage lenders are penalising customers who slip onto their Standard Variable Rates (SVR) with a £3,242 hike in annual interest repayments – more than a month’s income for the average household – according to a new sector study, the Mortgage Saver Review, from online mortgage broker Trussle. The research is the first of […]

Brits spend nearly half of their disposable income within 24 hours of being paid

| June 2, 2017

New research conducted by pension advice specialist, Portafina, has revealed that we are a nation of ‘payday millionaires’ – in other words, we are likely to spend our incomes long before it burns a hole in our pockets! The survey shows that nearly half (43%) of our monthly disposable income is splashed within 24 hours […]

1 million more people cancel credit & debit cards in the last year due to fraud

| May 23, 2017

More than one in ten (12%) Britons have had to cancel a credit or debit card in the past year due to online fraud, according to new research by comparethemarket.com. The latest statistics show a worsening state of affairs when it comes to cybercrime, with the number of people cancelling cards rising from 4.5 million […]