Personal Finance NewsE-bike owners are being warned to be on their guard as insurance claims for cycles and accessories climb. Aviva data reveals UK theft claims for e-bikes rose by 37% in 2021, compared to the previous year. The growing popularity of e-bikes is also reflected in the insurer’s figures. Theft claims have rocketed in recent years, rising […]
The good news keeps on coming for cash savers with stiff competition in the market pushing rates on an almost daily basis. It’s likely that the positive news on rates will continue with the Monetary Policy Committee (MPC) expected to increase base rate again when it next meets on 16th June. Whether you’re looking for […]
Just in time for summer, American Express is once again showing its support for local, small businesses across the UK with the return of the Shop Small Offer this June. From 20 – 26 June 2022, American Express Cardmembers will receive a £5 statement credit when they spend £15 or more at participating small businesses […]
With the ongoing cost of living crisis still rearing its ugly head, keeping energy bills as low as possible is on everyone’s mind. Amidst this pressing need to cut back and be more energy-conscious, research from the Home Builders Federation found that a new house is 59% cheaper to heat than its older equivalents, resulting […]
Self-employed individuals are twice as likely to be rejected for a mortgage, according to a new Exploring Adverse Credit report from The Mortgage Lender (TML). Nearly a quarter (23%) of self-employed individuals have had their mortgage application denied in the past compared to just 12% of employed workers. Self-employed applicants are often treated with stricter affordability assessments […]
Nearly a quarter of UK adults (24%) are using their savings to cover the rising cost of living – equating to 12.7 million people across the UK. New research from UK credit provider Vanquis reveals most Brits (82%) are worried about rising prices, and more than half (53%) are cutting back on essentials as a […]
The latest hike in petrol costs is set to cost the average UK driver an extra £700 a year – more than 60 percent of their spare income. This is according to used car buying service, ChooseMyCar.com, who have used data on their most popular cars to calculate the costs of filling up tanks today, […]
Analysis of the latest CACI market data by Paragon Bank shows that £418 billion of savers’ money continues to languish in savings accounts paying less than 0.1%. CACI’s database1, which captures savings data from more than 30 leading providers, showed that four out of five (80%) of non-ISA instant access accounts pay less than 0.1% in February, […]
It’s been a better few months for savers with interest rates on the up for the first time in a few years, but it’s not just personal customers who are benefitting from better savings deals, rates for business savings are looking healthier too. Many businesses keep too much money in their current account rather than […]
