Personal Finance News

30 Dec

Skipton Building Society Launches Charity Account To Help Flood Victims

With many thousands already flooded over the festive season and with storm Frank on the way,  Skipton Building Society has today, opened a special charity account to enable anyone who wishes to support the flood victims, to donate in any of its branches across the country. The money raised from all of the donation will […]

22 Dec

Time to prepare the home before the winter cold snap

As we head into winter, M&S Bank is urging homeowners to utilise the milder December temperatures and ensure their home is in a good state of repair. This comes after research revealed that a third of homeowners (33 per cent) admit to not carrying out any basic maintenance to protect their home against weather related […]

21 Dec

52% of motorists want stricter penalties for motorists using hand-held mobile phones

As the Government announces plans for increased penalties for those using handheld mobile phones while driving, the UK’s largest used vehicle marketplace, BCA, reveals the growing frustration of UK motorists towards careless driving habits. Nearly 90% of motorists who responded to a BCA survey said the use of a handheld mobile device while driving was […]

21 Dec

UK Grandparents to spend £3billion on gifts for grandchildren this Christmas

The nation’s 14 million grandparents could spend as much as £3 billion on presents for their grandchildren this Christmas, a new MBNA study reveals. Grandparents polled across the country say they will spend an average of around £74 on each of their grandchildren this year. Londoners top the spending poll, averaging more than £111 per […]

16 Dec

Brits expected to withdraw £11.75 billion from ATMs in December

Analysis by Sainsbury’s Bank predicts that this December approximately £11.75 billion could be withdrawn from LINK ATMs, the UK’s cash machine network– equal to more than £379 million every day during the month. The supermarket bank, which has over 1,635 free-to-use ATMs across the UK, estimates that the number of cash withdrawals carried out at LINK ATMs in […]

14 Dec

Too little too late for forgotten savers

Last week the regulator (FCA) announced a package of measures to improve competition in the savings market. The proposals included clearer information on interest rates, reminders when promotional rates come to an end and making it easier and quicker to switch accounts. Whilst any move to try to get people earning a better return on their […]

14 Dec

Learner drivers at risk of losing their licences this Christmas

Research has revealed that 17% of learner drivers have acted as ‘designated drivers’ over the festive period and been relied upon to drive people home after a Christmas night out. However, the Co-op Insurance is urging people rethink their ‘designated driver’ plans and to leave learners drivers out of the selection process. The law states […]

10 Dec

More than one in 10 couples don’t tell the truth on their earnings

Couples across the UK are keeping millions of pounds worth of money secrets from each other and potentially threatening their prospects of a comfortable retirement later in life, according to new research from Prudential1. The insurer’s annual survey of co-habiting couples over the age of 40 is now in its sixth year and found that […]

9 Dec

NatWest and Royal Bank of Scotland help people and businesses affected by flooding

For personal customers: ·         Mortgage and loan repayment deferral for up to three months ·         Customers can close fixed savings accounts to access cash with no Early Closure Charge ·         Refunds on credit card cash advance fees ·         Customers can apply for increased temporary credit card limit ·         Customers can request an increased cash withdrawal […]