Personal Finance NewsA survey by Paragon Bank found that topping up ‘rainy day’ funds and booking a holiday are two leading financial priorities for savers this year. In a survey of more than 2,600 customers, Paragon Bank asked savers about their long-term plans for any money saved during the pandemic. The research showed that 29% of savers […]
As millions of UK residents continue to work from home, Aviva is urging people to take extra care of their possessions when using summerhouses, outbuildings or sheds as workspaces. ONS data suggests around 13 million UK people became home-workers last year as a result of the pandemic(1) and sales of sheds and summerhouses have been rising […]
Research by finance experts, TotallyMoney shows that Brits paying interest on their credit card debt are wasting hundreds of pounds by not switching to a better deal. Customers can save a massive £676 in interest by transferring the average credit card balance of £2,177 to a 0% balance transfer card of 21 months A huge 54% of […]
RoosterMoney, the pocket money app, reveals that kids received an impressive £321 pocket money (£6.18 a week) last year, and encouragingly they saved 37% of it. This is in line with adult saving rates also reaching record levels of 28.1% during the Covid-19 pandemic.* Video games Roblox & Fortnite also dominated the spending charts as […]
M&S Bank has today launched new offers across a range of its insurance products – offering up to £150 in M&S vouchers – when customers take out a new Pet, Home and Motor Insurance policy. Customers purchasing a new Premier M&S Pet Insurance policy will receive £50 of M&S vouchers, while customers taking out a […]
New research from Metro Bank, conducted by YouGov, has revealed the extent to which people are getting set to take control of their finances in 2021. When asked about managing their money better in 2021 compared with 2020, more than one in two Brits (54%) agreed they are determined to start doing so – rising […]
New research from Metro Bank, conducted by YouGov, has revealed the extent to which people worry about their personal belongings. As Christmas is fast approaching and police warn the public not to put their presents out for others to see, it’s no surprise that a quarter of British adults that say they have a prized […]
New research from Aldermore bank, asking 2,000 UK adults about their savings habits, reveals that the Covid-19 pandemic has enabled Brits working from home to save an average of £110 per week. This change in routine has significantly changed people’s weekly spending and indicates that Brits will be more savings savvy in the future. Every little […]
New research from Direct Line Life Insurance reveals that in total, parents of under 18s and their children have received £12 billion in financial support from grandparents since the pandemic began in March. This equates to receiving £2,821 between March and November from the bank of Gran and Grandad. Before Covid-19, grandparents were giving their […]
