Personal Finance NewsSainsbury’s Bank has launched a new free online ‘train-inflation’ digital tool, which reveals that the average train ticket increased by 59% between 2005 and 2011, and by 16.9% between 2011 and 2016. Its ‘train-inflation’ barometer allows people to see what their new standard train ticket will be next year, and estimate how their fares have […]
More than 1.5 million people have lived more than 45 years having never borrowed a penny from a bank or lender. However, this commendable existence could come back to bite as many of these credit virgins may struggle to secure a mortgage or even a mobile phone contract. A credit score is a three digit […]
Metro Bank, the UK’s newest high street bank, today reveals that half a million people are expected to lose, misplace or have their debit or credit cards stolen over the festive period. In addition to the stress of not being able to access cash, consumers could have to wait up to ten days for a replacement […]
Nearly 7 million homes could be at risk of burglary this Christmas, as one in four people plan to spend the festivities outside of the home, according to new research from Policy Expert. Of the 5,619 people surveyed, 21% will be celebrating Christmas at a friend or family members’ home, with a further 4% stating […]
The cost of living is the most common single factor preventing people who live in cities in the UK from saving more into their pensions – and it is savers in Brighton, Bristol and Cardiff who are feeling the pinch the most, according to new research by Prudential. The findings – which are taken from Prudential’s […]
Just one in four mortgage-paying homeowners understand how cuts to the Bank of England’s (BoE) base rate could affect their mortgage payments, according to new research from Trussle, the UK’s first online mortgage broker. In August 2016, the BoE made the first adjustment to the rate in over seven years, cutting it from 0.5% to 0.25%, […]
M&S Bank is encouraging motorists to check their car insurance before heading out shopping this festive period, ensuring the Christmas gifts they’ve purchased aren’t at risk from opportunistic thieves. Research from M&S Bank has shown that the average Christmas shopper is expecting to spend just over £600 this year (£364 on presents and £241 on […]
Almost half of premium digital pay TV customers in the UK are watching less than a fifth of the channels included in their TV packages, according to new research by uSwitch.com. And yet, the average yearly spend for premium pay TV is £508, or £42.30 per month, with almost a third (32%) spending more than […]
According to the latest YouGov research commissioned by credit information provider, Equifax, over a third of Brits (35%) are very or fairly concerned about being able to meet their financial commitments in 2017. The new research also reveals that 30% think their financial situation will worsen next year; only 15% believe it will be better. […]