Personal Finance News04 July 2019 New research from TotallyMoney and Moneycomms reveals 1 in 12 Brits wouldn’t notice a rogue £20 entry on their bank statement, potentially costing a total of £108m. 1 in 12 (5.4 million) people wouldn’t spot a rogue £20 entry on their main current account Assuming each person has one bank account, losses could be up to […]
03 July 2019UK drivers can save themselves £20 by making one simple change and avoiding motorway refuelling stations. New research has exposed a disparity between the price of petrol stations on the roads and on the motorway, revealing how motorists can save themselves a money by making a simple detour and using alternative fuel stations. […]
02 July 2019 Our expectations of ‘everyday’ living are growing rapidly. As mainstream technology advances at an exponential rate, more and more items are moving from luxury to necessity in our lives. The good news is once unthinkable technologies are now readily accessible, indeed affordable for most people in the western world. Not everything is […]
02 July 2019 More than half the population are prepared to insure their mobile phone, gadgets, and other possessions before themselves, according to new research by Co-op Insurance. The insightful data shows that less than half (48%) of UK residents have purchased life insurance but have taken out cover for objects they own. Of those who […]
28 Jun 2019 One third of Brits (31%) have borrowed money from family and friends; yet more than half (53%) do not expect to pay the money back according to new research by Lloyds Bank. Part of Lloyds Bank’s ‘How Britain Lives’ study, the UK-wide analysis from YouGov of 2,018 adults also found that one in five (22%) are borrowing money from friends and family just to get by, using the cash to cover day-to-day living costs. Brits are most likely […]
24 Jun 2019 New research from later life lending specialist, Hodge highlights the crucial role that the nation’s grandparents play in enabling parents to work. For many, retirement is an opportunity to enjoy the luxury of free time, however new research from Hodge revealed that grandparents are giving up an average of 11.5 hours a […]
19 Jun 2019 A new study from Sainsbury’s Bank reveals that renters are significantly less likely to have life insurance or critical illness cover, with just 26% of renters taking out a policy in comparison to 41% of homeowners. In the past 10 years, the number of households renting privately with children has risen by almost 800,000 to […]
19 Jun 2019 New research by credit experts TotallyMoney reveals Brits lost £640m on their holidays in Europe last year due to high transaction fees and poor exchange rates. The annual Financial Awareness Survey 2019 commissioned by TotallyMoney and carried out by OnePoll asked 2,000 UK adults about their spending habits before and during a holiday abroad. £437m was lost […]
18 Jun 2019 Depending on where they live in the country, retired households can pay as much as 51% more for their annual council tax bill, new analysis* from UK’s leading independent equity release adviser Key shows. Council Tax Eats Up a Fifth of State Pension Income: The average council tax bill currently stands at £1,705 a year […]