Personal Finance News

23 May

New 33 month 0% balance transfer credit card from HSBC

James McCaffrey, spokesperson for Totally Money commented: “HSBC has just launched an improved balance transfer offer, meaning you can shift your debt and pay no interest until February 2028. And while there’s another bank who is also offering a 33-month balance transfer, this one comes with a slightly lower fee, making it the best on […]

19 May

Prices of British goods have shot up as much as 117 per cent since 2020

The Bank of England’s inflation calculator indicates goods and services cost around a quarter more in 2025 than they did five years ago. But data from SIM-only mobile provider spusu reveals that the prices of some iconic British staples have shot up by as much as 117 per cent since 2020. The research reveals the […]

13 May

7.2 million home insurance policies could be invalidated from key requirement

An estimated 7.2 million policyholders could be at risk of invalidating their home insurance due to putting off maintenance work around their property, a new study has calculated. Around two-fifths (43%) of Brits have delayed some form of maintenance because of the cost of living crisis, according to the research, which can lead to policies […]

13 May

More than one in four people say money worries are damaging relationships

Money worries are now significantly impacting people’s relationships, according to new research released by Money Wellness to mark Mental Health Awareness Week 2025 (13–19 May). The financial wellbeing platform, which offers free debt advice and ongoing support, surveyed customers to find out how financial stress affects personal wellbeing. More than a quarter (28%) of respondents said their […]

1 May

Heatwave costs Brits over £170 a month

As we continue to see temperatures soar above 20 degrees across the UK, Brits are looking for ways to stay cool.  To use a 3500w air conditioning unit in your home, this could be costing you an extra £168 per month, or £6 per day. However, using a Tower fan costs just 8p a day, […]

23 Apr

Cost of living crisis: Millions can’t afford home repairs

An estimated 12.3 million households have had to put off some form of home maintenance work because of the cost of living crisis, according to new research. The figures state that around two-fifths (43%) of residents have had to delay these types of jobs due to rising costs. This means millions have been forced to […]

17 Apr

Vehicle Excise Duty: These drivers will be most impacted by rising first-year rates

A new study has revealed that women and baby boomers will be the worst impacted by the rise in first-year rates for Vehicle Excise Duty (VED) this year. If buying habits remain the same as in 2024, men who buy a new car between April and September will pay an additional £55.3 million towards the […]

16 Apr

15,000 motorbike MOTs failed due to preventable problems last year

More than 15,000 failed motorbike MOT tests could have been prevented in the 2023/24 financial year, according to new research. Riders are now being urged to perform a few simple checks before their vehicle’s MOT to avoid unnecessary fees. Around 979,500 MOTs were taken for motorcycles (class one and two vehicles) during this period. DVSA […]

14 Apr

The places paying the biggest council tax increases this year

Birmingham’s residents are set to be hit hardest by rising council tax rates for 2025/26, new research has found. Households across the city will pay an extra £43.1 million this tax year – the largest overall increase of any local authority in England. The country can expect a total council tax rise of £2.1 billion […]