Personal Finance News

16 Jan

Brits spend almost £900 to escape on holiday this winter

16 Jan 2018 More than a third (37%) of Brits will go abroad to seek out the sun this winter, according to new research from Halifax, spending an average of £840 per person. 38% of Brits surveyed admit that the cold weather brings out a bad mood, with this figure rising to 42% for women, […]

15 Jan

26 million may be at risk from not checking their credit rating

15 Jan 2018 Millions of people are risking their financial future by not checking their credit score, according to Amigo Loans. New research from the UK’s largest guarantor lender has revealed over half of Brits have never checked their credit file, meaning millions could be jeopardising their financial freedom. There are approximately 51.7 million adults […]

15 Jan

1.3m advice clients set to miss out on £236m tax savings

15 Jan 2018  Up to 1.3 million recipients of pension advice could miss out on £236m of potential tax savings, if advisers and employers do not act on new legislation in time for April. Employees can now sacrifice up to £500 taxable salary p.a., in return for a tax-free payment from their employer, reimbursing them […]

12 Jan

Latest best buy savings options for pensioner bond customers

12 Jan 2018 With almost 900,000 National Savings ‘Pensioner Bonds’ due to mature over the next four months, savers may be looking for inspiration as to where to put their money in today’s market. At the time the 3 year Pensioner Bonds from NS&I were launched offering a fixed 4% return,  the offer rate was […]

12 Jan

Relying on an EHIC to cover your winter holiday mishaps could leave you with a mountain of medical bills

11 Jan 2018 Research from GoCompare Travel has found that 69% of UK holidaymakers wrongly expect an EHIC to provide free emergency medical treatment in Europe and 7% expect it to pay for an air ambulance to fly them back to the UK. Thousands of British skiers and snowboarders are heading to Europe this winter […]

8 Jan

Rising cost of living and Brexit are the biggest financial worries for 2018

08 Jan 2018 The increasing cost of living and the impact of Brexit top the Nation’s main financial concerns for 2018, according to new research from GoCompare. The research found that 40% of people think that 2018 will be a financially challenging year, with 12% admitting to being ‘seriously worried about their finances’ in the […]

3 Jan

New report claims household bills increased by £280 in 2017

03 Jan 2018 New Research reveals that the costs for energy, motor and home insurance have risen by 13% over the past year from £2,216 to £2,502, leaving consumers £286 out of pocket. Energy bills have seen the most dramatic price hike, as customers have paid on average over £200 more than the previous year. The […]

3 Jan

Millennial confidence soars following stamp duty changes

03 Jan 2018 Around three in five millennials currently saving for a house deposit are more confident in their ability to achieve their goal following the Chancellor’s stamp duty changes, according to the latest sentiment research from Foresters Friendly Society. Around 17% of this age group are much more confident following the announcement. The Lifetime ISA […]

1 Jan

One in ten people planned to get a cat or dog over the festive season

01 Jan 2018  One in ten UK adults said they were considering buying or giving a home to a dog or cat before the end of the year, according to new research from Sainsbury’s Bank Pet Insurance, with an even split between those intending to get a cat or  a dog. Throughout the festive season […]