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

Andrew Hagger | 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

Andrew Hagger | 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

Andrew Hagger | 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

Andrew Hagger | 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

Andrew Hagger | 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

Andrew Hagger | 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

Andrew Hagger | 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

Andrew Hagger | 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 […]

Car hire can cost seven times original quote once extras added

Andrew Hagger | May 23, 2017

The extras sold at car hire rental desks can often double the price of the original quote, but new research has found that it is possible for the car to end up seven times more expensive than the original quote. Hiring a compact car with Budget in Faro this May Half Term (27 May to […]

One in four revellers suffer mobile mishap at festivals

Andrew Hagger | May 23, 2017

The traditional summer-time image of stressed out Brits fleeing their screens for a weekend of muddy festival hedonism could be a thing of the past. New research by price comparison and switching service uSwitch.com reveals that the smartphone is very much a festival essential with 35% of revellers hooked on social media apps such as […]