Personal Finance News

20 Sep

One in three UK mortgage customers fear unaffordable repayments due to rate hikes

One in three mortgage customers in the UK say that rising interest rates mean they cannot afford their repayments, new research commissioned by Butterfield Mortgages has found.  The independent survey of 2,000 UK adults found that a third (33%) of mortgage holders believe the interest rate hikes over the past year have made their mortgage repayments unaffordable. Among […]

6 Sep

One in eight households bury heads in the sand regarding rising costs

As rising living costs leave households £249 poorer a month on average, research from Nationwide Building Society reveals one in eight people are putting off getting the help they need. The poll comes a month after Britain’s biggest building society launched its freephone cost-of-living hotline1 (0800 030 40 66) and as it gears up to provide financial health […]

1 Sep

Young adults still prioritising ethical savings amidst cost-of-living crisis

Gatehouse Bank has today revealed new research that shows young adults are still prioritising ethical savings options despite the cost-of-living crisis, marking a shift in attitude compared to older generations. The research shows that almost two thirds (65%) of those aged 18 to 24 would continue to choose an ethical savings account in the current economic […]

25 Aug

NS&I releases new Green Savings Bonds Issue today paying 3.00%

Savers can help fund vital green projects across the UK while earning an improved rate of interest from today, with the third Issue of NS&I’s Green Savings Bonds paying 3.00% gross/AER fixed-rate over a three-year term. The Bond is available to purchase online at nsandi.com, having increased from 1.30% gross/AER for the second Issue released on […]

17 Aug

Rising inflation causes huge wave of retirement anxiety

A wave of ‘retirement anxiety’ is sweeping the nation, fuelled by concerns over the impact of the cost-of-living crisis, according to new research launched today from abrdn. The abrdn research highlights more than half (54%) of UK adults aged 40 years+ are anxious about retiring, with the 40-44 age group reportedly the most anxious (61%), […]

10 Aug

Scammers targeting Students

NatWest is issuing an urgent scam alert as over half of all students have been actively targeted by criminals this year. The alarming statistics are revealed in the 2022 NatWest Student Living Index, due to be released in full on 12 August. Over the last year, fraudsters have been increasingly posing as bank staff and […]

2 Aug

Top tips for saving money on holiday abroad

Over 55s are the most cost savvy holiday-makers, says a new Opinium survey, apart from when it inconveniences them. The survey of 1,000 UK adults who have hired car, was carried out on behalf of iCarhireinsurance.com, a leading provider of stand-alone car hire excess insurance, and reveals travellers’ top tips on saving money when holidaying abroad. […]

25 Jul

Over a third wish they had started saving at a younger age

A survey of 2,000 UK adults was conducted by WEALTH at work, a leading financial wellbeing and retirement specialist. It asked people if there was anything they wish they had done differently when it comes to their finances, and what they wish they had known. It revealed that over a third (37%) of UK adults […]

19 Jul

Tesco shoppers can get Christmas cash bonus

With 160 days to go before Christmas and just five pay days left*, Tesco is helping its customers get ahead for the festive season with its Clubcard Christmas Savers. The saver account allows Clubcard members to save the vouchers they collect as they shop throughout the year. With the average weekly shop for a family […]