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Parents hand out almost £300 per month to their children at university

| August 9, 2017

As A-level results day approaches (17 August), millions of UK parents could be counting the cost as their children get set for university. A study carried out by Aviva finds parents of university students typically give their children £3,446 per year (around £287 per month), to support them through their studies. This adds up to […]

The Co-operative Bank launches new current account switching incentive that rewards customers and gives a donation to charity

| August 1, 2017

Now successful current account switchers to The Co-operative Bank could be £125 better off and help give young homeless people a future by raising an additional £25 for the Bank’s charity partner Centrepoint. From today, Tuesday 1st August 2017, The Co-operative Bank is paying £125 to eligible customers who switch their account using the Current […]

British Gas hikes the cost of electricity by 12.5% for 3.1 million customers

| August 1, 2017

Following an extended price freeze, British Gas has today announced that it is hiking the cost of its standard variable tariff for electricity by 12.5% or £76 a year for 3.1 million customers. The increase, which takes effect from 15 September will add an annual total of £235.6 million to its customers’ energy bills. While it remains the cheapest big […]

Half of staycation holidays this summer will be completely uninsured

| July 26, 2017

Half of Brits opting to holiday in the UK this summer could be doing so uninsured, leaving thousands of pounds worth of valuables at risk of theft, loss and damage, according to new research from home insurance provider Policy Expert. The study of nearly 2,500 people found that half (50%) admitted they didn’t have away […]

Car premium misery piles up for drivers according to latest AA report

| July 25, 2017

The average premium quoted for a comprehensive car insurance policy is at its highest ever level according to the AA’s benchmark British Insurance Premium Index. Confirming the chorus of concern expressed by many commentators and the financial pain felt by families, the average ‘Shoparound’ quote rose by 8.3% over the three months ending 30 June […]

Nottingham Building Society bucking the trend by opening new branches

| July 25, 2017

Nottingham Building Society is adding seven new branches to its portfolio in 2017 (ex Norwich and Peterborough Building Society) a strategy that has seen the mutual double its branch network over the past five years. It is amongst only a small number of providers bucking the trend when it comes to assessing the value of […]

UK holidaymakers plan to take around £836 million more in spending money than this time last year

| July 19, 2017

As the summer holiday season heats up, new research from Sainsbury’s Bank Travel Money (  reveals people plan to take around £836 million more in spending money – or £34 per holidaymaker – than this time last year. The reason for this is to offset the fall in Sterling’s value against popular holiday currencies. The pound is […]

Check your car insurance before driving abroad, urges M&S Bank

| July 19, 2017

M&S Bank is urging holidaymakers to check their car insurance policy before hitting the roads this summer as research reveals that nearly a quarter (23 per cent) of those planning to drive their car in mainland Europe believe they either aren’t, or don’t know if they are, insured to drive in the EU. When it […]

Late payments costing smaller UK businesses more than £2bn a year

| July 19, 2017

The UK’s smaller businesses are facing a total bill of £2.16 billion to chase overdue payments, according to Bacs Payment Schemes Limited (Bacs), the company behind Direct Debit and Bacs Direct Credit in the UK. That’s in spite of a dramatic drop in the overall late payment debt, with new figures showing that UK small […]

Holidaymakers splash £28 billion each year on pre-getaway purchases

| July 12, 2017

As Brits count down the days until their summer holiday begins, a new study by American Express has revealed that holidaymakers are likely to spend an average of £273 before they have even left their front door, stocking up on holiday items ranging from goggles and gadgets to games. As a nation, Britons take an average […]