Personal Finance News

2 Jul

Brits set to spend £3.4bn on sports tickets this summer

Britain is a nation of sport lovers and with a summer of live action already in full swing new research from American Express reveals just how much Brits are willing to invest in it. Fans attending sports events will go to an average of five live events across the summer. On average, Brits spend a […]

28 Jun

How Car Finance Can Boost Your Score

Brits are the least likely in Europe to think about their credit score, with nearly half of UK adults (46%) neglecting what their current rating is. Having a good credit score can pave the way to many useful benefits, including access to better borrowing terms, lower interest rates, and improved chances of successful loan applications. According to […]

21 Jun

UK renters are losing over £700 million in deposit costs due to avoidable cleaning-related deductions

New data from SpareRoom, the UK’s number one flat-sharing site, has revealed the staggering financial impact of cleaning-related deposit deductions on renters. Almost two thirds (63%) of UK renters have experienced deposit deductions due to cleaning-related issues, leading to over £724million*** worth of losses overall per year in the UK. These losses are based on […]

17 Jun

Brits are using sheds as bars, gyms and hobby spots – but aren’t insuring them

New research from Go.Compare home insurance has found that 65% of the population currently has a shed or outbuilding at home – and despite the fact that the average UK shed is used to store around £455 worth of valuables, 55% of shed owners didn’t have insurance to cover their sheds or outbuildings, hadn’t thought about it, […]

11 Jun

Almost a quarter of holidaymakers choose the cheapest travel insurance

Almost a quarter (22%) of holidaymakers buy the cheapest travel insurance they can find, according to a new Opinium survey of 1,000 holidaymakers by Multitrip.com, a specialist travel insurance provider. Additionally, only three in ten (29%) say they do a lot of research into which travel insurance to buy. Worryingly, only a third (33%) check […]

5 Jun

Birmingham Airport named most expensive for parking outside London

New research shows that Birmingham is home to the UK’s most expensive airport for parking outside of London. The figures show it costs an average of £176.14 for two weeks’ parking at Birmingham Airport – £41 more than the UK average. This makes it the most expensive to park at outside of the capital. The […]

29 May

American Express launches three new Limited Time Offers

American Express has launched a trio of limited time offers, including a boosted new Cardmember offer on the Amex® Gold Card, offering up to 30,000 bonus Membership Rewards points for taking out the Card, 10,000 more points than the usual sign up offer. From today until 16 July, 2024, new Amex Gold Cardmembers will be able […]

28 May

Uninsured burglaries costing UK residents millions

A new study has revealed that English and Welsh residents lost around £98.7 million in a single year due to uninsured burglaries. This means thousands might have faced the double whammy of suffering a break-in and replacing their lost items themselves because they did not have protection in place. The research, by Go.Compare Home Insurance, estimated […]

28 May

Why 95% of car sellers lose money

New research shows that a staggering 95% of sellers overlook simple yet effective steps to get the best price for their car.[1] Concerningly, close to one in four (23%) sellers neglect any price-maximising measures altogether. The recent survey by Carwow sought to find out whether drivers are missing out on extra cash in car sales because of a […]