Personal Finance NewsBelow, are the results of the 12th annual Moneynet PersonalFinance Awards (2022) celebrating the best providers and products from the last twelve months. The tough economic back drop and ongoing covid pandemic made it another challenging year for providers and customer alike, but the competition between banks, building societies, insurers, fintechs and credit card companies remained fierce […]
TotallyMoney, the credit app that helps everyone move their finances forward, highlights the cost of carrying a monthly credit card balance bearing interest and demonstrates why now is the time to act. Figures show that more than half (54%) of customers with an outstanding monthly credit card balance are paying interest* This comes at a […]
The holiday period is a time where many of us may spend a little more than usual, and we may find ourselves needing to stretch our money a little further. As we enter another New Year, now is as good a time as any to re-evaluate our spending habits and get our finances in order. […]
Four in ten households are choosing to scale back festive spending in 2021 compared to 2020, Paragon Bank research has revealed. This is despite the average Christmas budget having increased by 12% year-on-year. The average household is scheduled to spend £580.30 in 2021 – this is up from £517.10 in 2020. Nearly one in […]
Burglaries and home invasions are serious incidents causing fear and anxiety for tenants and homeowners. There were roughly 267,000 burglaries reported in England and Wales in the year up until March 2021, which although represents a significant decline over recent decades – still shows that burglaries are common in society. Undoubtedly, some areas are more […]
39% of people admit to having thrown away a Christmas present in the last five years, which equates to some 21 million people binning gifts according to research from Tesco Bank Average value of thrown away gifts is £59 The presents most likely to disappear into the rubbish bin: Beauty & bathroom products (e.g. aftershave, toiletries, bath […]
This present buying season, nearly half (47%) of UK shoppers are on the hunt for sustainable Christmas gifts, worried that wrapped gifts will go unused and unwanted, according to new research from Tesco Bank. The desire to turn gifting green this Christmas rises among people aged 18 to 34, with over half (56%) wanting to […]
New research from Checkatrade has revealed that a staggering 6.7 million UK adults have been impacted by a rogue trade over the last year. Increasing demand for tradespeople, Brexit and the ongoing raw materials shortage have placed a huge amount of pressure on the home improvement industry, creating the ideal environment for rogue trades to […]
The latest research from over-50s experts SunLife shows that grandparents will spend over £2.6 billion on presents for their grandchildren this Christmas. With around 5.8 million grandparent households across the UK celebrating Christmas this year, SunLife has revealed that total spend over the festive period will increase by nearly quarter of a billion pounds – and lucky […]
