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Brits return home with £57 in unspent currency

| August 29, 2018

28 Aug 2018 As many UK holidaymakers gear up for late summer holidays in September, new figures reveal they are returning home with an average £57 each of foreign currency jingling in their pockets according to Sainsbury’s Bank. Across the UK, those from Belfast return with the most foreign currency (£74), followed by Edinburgh (£67) […]

Brits keeping financial debts hidden from their partners

| August 22, 2018

23 Aug 2018  A surprising number of British adults are living with secret debt, concealing it from their partners, new research has revealed. The survey of 1,003 UK adults carried out by the UK’s largest personal insolvency practice, Creditfix, found that more than a half of Brits are keeping their debts secret from their partners. Of […]

Price comparison sites rife with errors on car insurance, says Which?

| August 22, 2018

23 Aug 2018 An investigation by Which? has revealed inconsistencies are rife across price comparison sites, with mismatching details found in six out of 10 of the policies listed. The consumer champion looked at the policies offered on four of the biggest price comparison websites and can reveal a picture of inconsistencies and a lack […]

Revealed – the best average credit score locations across the UK

| August 22, 2018

22 Aug 2018 New research by credit experts TotallyMoney has revealed the best average credit score locations across the UK, with Greater London soaring to the top, and Hertfordshire following close behind. http://www.totallymoney.com/credit-map-of-the-uk/ The Free Credit Report company looked at credit scores for all available postcode areas, to calculate the average score for that district. […]

Brits to spend £4.2 billion enjoying the bank holiday weekend

| August 21, 2018

20 Aug 2018  With the UK experiencing record breaking temperatures this summer, new research from American Express shows over 40 million* UK adults (77%) will stay at home over the August bank holiday weekend and plan to spend £104 each – equating to £4.2 billion across the UK. While Brits hoping for a sun-filled staycation […]

Almost a quarter of UK adults have no savings to fall back on

| August 15, 2018

15 Aug 2018  Millions of UK adults do not feel financially resilient and would not be able to manage a financial shock or loss of income, according to a new report from Zurich UK. Developed with neuroscientist Dr. Jack Lewis, the Cost of Resilience examines the impact that money, including having products designed to protect and insure […]

Identity fraud falls for the first time since 2014

| August 15, 2018

 15 Aug 2018 Cifas, the UK’s leading fraud prevention service, has released new figures showing that identity fraud has fallen for the first time since 2014. Cifas members recorded 84,463 cases in the first six months of the year, a 5% drop compared to the same period in 2017 (89,199).  Despite the reduction, identity fraud […]

High streets feeling the pinch of fewer bank branches

| August 14, 2018

13 Aug 2018 New research shows financial branch closures are piling the pressure on local high streets with nearly half (46%) of shop owners interviewed admitting that losing a local bank in the past three years has had a negative impact on their business. The study for The Nottingham Building Society among shop owners in areas […]

First-time buyers underestimate upfront cost of buying

| August 9, 2018

08 Aug 2018 First-time buyers in just two regions of the UK intend to save enough money to get on the property ladder, with the rest underestimating the amount they are likely to need, according to new research. The latest First-Time Buyers report from Yorkshire Building Society shows not being able to save enough money […]

Brits Splash the Cash on their 2018 Getaways

| July 27, 2018

27 Jul 2018 With holiday season upon us, Debenhams Personal Finance have conducted research on consumer holiday spending, to see how our holiday habits have changed over the years. A survey commissioned by Debenhams Personal Finance found that the nation isn’t as good at sticking to a strict holiday budget in 2018, compared to previous […]