Personal Finance News

1 Feb

Drivers told their ‘off-the-road’ cars could be worth a hidden fortune

Owners of off-the-road vehicles have been told that they could be sitting on a hidden fortune, as a new study has found that the UK’s SORN’d cars are worth a staggering £11.2 billion. The research, compiled by Carwow, has combined Department for Transport and internal valuation data to reveal the untapped resale potential of cars declared […]

30 Jan

Van drivers fork out millions on toll roads

New research has found that vans make over 30 million toll road crossings a year, contributing a substantial £123 million to toll revenues. Major roads like the M6 mainline and M25 Dartford Crossing are the top earners, each raking in over £30 million annually from van toll charges. The study, by Go.Compare Van Insurance, reviewed toll […]

25 Jan

I’m a money expert – here’s how you could save £5,000 by the end of the year

Andy Wood, a finance expert from Tax Natives has revealed his top tips that could save you up to £5,000 by the end of 2024.   The Envelope Challenge “Try the ‘Envelope Challenge’ for a simple saving technique. Label 100 envelopes with numbers from 1 to 100. Each week, randomly pick an envelope and save […]

24 Jan

The UK’s most expensive airports for parking

New research has revealed that London City Airport is the most expensive airport in the UK for parking. According to the figures, it costs an average of £213.14 for two weeks’ parking at the capital’s most central airport, making it the most expensive out of the country’s 19 busiest airports. [1] The research, compiled by MyVoucherCodes, reviewed […]

10 Jan

Brits expect 2024 to be a very bad year for their household budgets

New research from Go.Compare has found that the financial hangover of last year is set to last throughout 2024 for millions of people. Go.Compare’s latest New Year’s Resolutions Tracker has uncovered the nation’s biggest cash flow concerns, and the steps Brits will be taking to regain control of their outgoings. The comparison website’s survey of […]

9 Jan

As cold snap bites, how to avoid frozen and burst pipe misery

The Association of British Insurers (ABI) urges households not to be caught out by the distress and expense of frozen or burst pipes as the cold snap takes charge. A cold winter snap can lead to a surge in pipe problems – our members paid out an estimated £804 million in 2022 for issues related to […]

2 Jan

Brits prioritising wellness and personal finance for 2024

 American Express this week released its latest Amex Trendex report, focusing on New Year’s resolutions for 2024. According to UK data, 65% of Brits are likely to set New Year’s resolutions for 2024. 17% of Brits say they typically stick to their resolution for the whole year, lower than the global figure of 26%. 7% […]

27 Dec

Brits fork out up to £50 a year to fight off a cold

Common colds and other winter illnesses aren’t just physically draining, they can impact our pockets too. A recent survey conducted by leading cashback site, TopCashback, revealed that the majority of Brits (90%) spend up to £50 a year on fighting a cold. But it’s not only paying for remedies to think about, with 28% increasing […]

27 Dec

More misery for customers as banks continue to slash best 0% balance transfer deals

New TotallyMoney research looks at how banks are continuing to water down 0% balance transfer credit card offers, while tightening up who they lend to: In 12 months, lenders have slashed an average 4.5 months off the market leading balance transfer offers, while increasing fees by 0.21 percentage points Six years ago, the top 10 […]