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Buried in debt: mourners borrow £1,700 to pay for loved ones’ funerals

| September 5, 2018

05 Sep 2018  New research from Royal London reveals the average cost of a funeral is £3,757, with costs having stabilised this year (£3,784 in 2017). The Royal London National Funeral Cost Index, in its fifth year, shows that London has consistently been the most expensive region in the UK for a funeral, with the […]

Kids to carry £2.1 billion worth of valuables back to school

| September 4, 2018

04 Sept 2018 This September, children will go back to school each carrying an average of £242 worth of valuables in their backpacks, new research from home insurer Policy Expert has revealed. There are over 8.7 million children aged between six and 16 at school in the UK – meaning there are more than £2.1 […]

Two thirds of students live in overdraft with parents picking up the bill

| September 3, 2018

03 Sept 2018 They may have a reputation for being more concerned with planning big nights out on the town than getting down to serious study, yet according to new research money is the single biggest cause of stress for the current crop of students. For the majority of students an overdraft is essential, with […]

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. 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 […]