Personal Finance News

21 Aug

Brits to spend £4.2 billion enjoying the bank holiday weekend

20 Aug 2018  With the UK experiencing record breaking temperatures this summer, new research from American Express shows over 40 million* UK adults (77%) will stay at home over the August bank holiday weekend and plan to spend £104 each – equating to £4.2 billion across the UK. While Brits hoping for a sun-filled staycation […]

15 Aug

Almost a quarter of UK adults have no savings to fall back on

15 Aug 2018  Millions of UK adults do not feel financially resilient and would not be able to manage a financial shock or loss of income, according to a new report from Zurich UK. Developed with neuroscientist Dr. Jack Lewis, the Cost of Resilience examines the impact that money, including having products designed to protect and insure […]

15 Aug

Identity fraud falls for the first time since 2014

 15 Aug 2018 Cifas, the UK’s leading fraud prevention service, has released new figures showing that identity fraud has fallen for the first time since 2014. Cifas members recorded 84,463 cases in the first six months of the year, a 5% drop compared to the same period in 2017 (89,199).  Despite the reduction, identity fraud […]

14 Aug

High streets feeling the pinch of fewer bank branches

13 Aug 2018 New research shows financial branch closures are piling the pressure on local high streets with nearly half (46%) of shop owners interviewed admitting that losing a local bank in the past three years has had a negative impact on their business. The study for The Nottingham Building Society among shop owners in areas […]

9 Aug

First-time buyers underestimate upfront cost of buying

08 Aug 2018 First-time buyers in just two regions of the UK intend to save enough money to get on the property ladder, with the rest underestimating the amount they are likely to need, according to new research. The latest First-Time Buyers report from Yorkshire Building Society shows not being able to save enough money […]

27 Jul

Brits Splash the Cash on their 2018 Getaways

27 Jul 2018 With holiday season upon us, Debenhams Personal Finance have conducted research on consumer holiday spending, to see how our holiday habits have changed over the years. A survey commissioned by Debenhams Personal Finance found that the nation isn’t as good at sticking to a strict holiday budget in 2018, compared to previous […]

25 Jul

One in six Brits don’t buy travel insurance until the day of their holiday

25 Jul 2018 One in six (16%) of holidaymakers put off buying travel insurance until the day of, or the day before they go on holiday, according to Co-op Insurance The insurer’s data reveals how Brits are leaving it until the last minute to take out travel insurance, putting themselves at risk financially, in the event […]

24 Jul

Eight in 10 car buyers don’t shop around for car finance

24 Jul 2018 A estimated two million Brits regret jumping straight into the first car finance deal offered when buying their car, without shopping around first, according to a new report by AA Cars, the AA’s used car website. The research, which was conducted through an AA-Populus poll of over 16,000 drivers also found that less […]

20 Jul

Holidaymakers hit by poor airport rates as great summer getaway begins

20 Jul 2018 As the great summer getaway begins in earnest this weekend, holidaymakers are being warned to plan ahead to avoid being stung by scandalous exchange rates at the airport as they are offered rates up to 20% lower than the market rate for euros, meaning travelers could end up losing out, says travel […]