Personal Finance NewsOver 7.5 million holidaymakers have a summer holiday or other trip booked for later this year and, with Covid-19 travel restrictions still in place, many are worried about their holidays and their money. Yesterday, Health Secretary Matt Hancock suggested that 2020 was unlikely to have a normal summer holiday season and the Foreign and Commonwealth Office […]
Tesco Bank has launched a new service to support vulnerable customers who have no access to cash as a result of Covid-19. Customers who are self-isolating or shielding can get cash delivered to their home free of charge. The service is available to Tesco Bank’s savings and personal current account customers and utilises the Tesco […]
Coconut, the smart bookkeeping app for self-employed people, with more than 23,000 customers, is rallying the entrepreneurial community to urge the Government to address major grant issues for millions of self-employed people in the UK (https://selfemployedincomesupport.co.uk/). Firstly, to urgently reconsider including 2019/20 tax returns and secondly, to issue much faster payments for those that are […]
GoCompare is urging drivers who are concerned about paying their car insurance premiums to contact their insurer as soon as possible, rather than wait for a refund. The comments follow Admiral’s decision to refund £25 to each of its car insurance customers, which has prompted speculation about what other insurers might do. In GoCompare’s view, other […]
RoosterMoney, the pocket money app, reveals that kids are spending more online since the lockdown began, with the major shift being towards games such as Roblox and Fortnite. RoosterMoney’s ‘Pocket Money Index’ for the lockdown period also shows: average weekly pocket money for 4-14 year olds is £4.60 an impressive 40% of pocket money is […]
Trying to figure out which projects you can do without planning permission can be a bit of a minefield, but don’t panic. As a rule of thumb, most structural changes are subject to building regulations, but some ‘bigger’ renovation projects can be done without planning permission if you adhere to the set size regulations. Whether […]
Today marks the start of a further three-week lockdown across the UK. This will be a challenging time for many households, with families contending with financial concerns, loneliness due to isolation and periods of extreme boredom due to the restrictions. Whether you’re ensuring better budgeting for the day-to-day, or strengthening your long-term finances once the […]
Lenders have provided over 1.2 million mortgage payment holidays to households whose finances have been impacted by Covid-19, UK Finance has revealed today. On 17 March, just under a month ago, mortgage lenders announced they would support customers facing financial difficulties due to the Covid-19 crisis. Three weeks later, by Wednesday 8 April, over 1.2 […]
The results of TotallyMoney’s Financial Awareness Survey 2020 reveals that myths surrounding interest payments, credit limits and how often you need to use your card are clouding the judgement of UK consumers. One shocking statistic shows that over half of UK adults (54%) didn’t know that paying off an outstanding balance in full each month may be […]
