Personal Finance News

13 Jun

One in four spending less on holidays this year

One in four are spending less on their holidays this year, than last year, according to a new survey of people who have hired a car in the UK or abroad carried out by Opinium for travel insurance provider, Multitrip.com. Two fifths (40%) say they are spending the same and only a quarter say they […]

31 May

Debt consolidation and home improvements drive consumer borrowing

Research from Freedom Finance, one of the UK’s leading digital lending marketplaces, reveals that the growing demand for consumer credit is being underpinned by a move for consumers to consolidate debt. The analysis reveals forty-one percent (41%) of all people who searched for a loan through Freedom Finance’s platform in April 2023 were looking to […]

31 May

How To Keep Your Car Running Costs Under Control

Many of us are trying to find ways to cut costs right now. With everything from food prices to energy bills going up, anything we can do to save money is likely to be welcome. One way to save is to look at what we drive and the way we drive it. For motorists, a […]

22 May

UK wedding guests set to spend £16.6bn in 2023

As summer approaches and wedding season hits full swing, new research from American Express has found that UK wedding guests are set to increase their spend attending weddings by 18% this year, compared to 2022. The average wedding guest is expecting to spend £1,045 on average per wedding this year, equating to £16.6 billion across the […]

16 May

One in five Brits to pay for their 2023 holidays with their credit cards

More than a fifth of people who are planning to go on holiday in 2023, said they would be paying for their holidays using their credit card, according to a survey from Go.Compare.* Go.Compare asked more than 2000  people about their holiday plans for 2023, where respondents were asked “How are you planning to pay […]

10 May

Leeds Building Society adopts new credit score boost option to help first time buyers

Aspiring homeowners can improve their chances of getting on the housing ladder thanks to extra evidence of a borrower’s good financial track record being factored into mortgage checks by a leading lender. Leeds Building Society has become the first UK mortgage provider to partner with Experian and connect to its free Experian Boost service. It […]

5 May

Don’t be fobbed off! Are your car keys covered on your insurance policy?

Go.Compare car insurance has found that one in six drivers (18%) have had their car keys lost or stolen, and is warning motorists to check their policy documents as not all insurance policies provide this type of cover as standard. The research, which interviewed over 1500 motorists about whether or not they’ve had their keys […]

2 May

40 per cent of over 65s with a bank account do not manage their money online

While bank branches continue to close, creating a growing number of ‘banking deserts’ across the country, new Ipsos research for Age UK has found that four in 10 older people (39 per cent) with a bank account in Britain – equivalent to 4.09 million people – are not managing their money online and could be […]

25 Apr

One in five drivers let their car insurance auto renew without checking other quotes

A new survey from Go.Compare car insurance has found that of the majority (56%) of Brit drivers who allow their car insurance to auto renew, one third (19%) do so without checking other quotes. The research asked over 1400 insured drivers about their attitudes to motor insurance renewals and found that younger drivers (aged 18-54 […]