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12 August 2014
Category:
News

Rising Number of Households Struggling to Balance the Books

The number of households who are struggling to balance the books has climbed by more than a quarter of a million year-on-year, according to the latest figures. Legal & General’s latest ‘MoneyMood’ survey reveals that an increasing number of households don’t have the level of income needed to pay off their bills, with the number […]


31 July 2014
Category:
News

Ofgem Plans to Boost Energy Funds for UK Customers

Energy regulator Ofgem has given approval to £17 billion of spending on upgrading the way electricity is distributed in the UK. As a result, customers could stand to shave an average of £12 a year from their energy bills, as the proposals lay out how spending on Britain’s power networks will be cut. The money […]


26 June 2014
Category:
News

UK App Economy Booming

Application development will be worth more than £30bn to the UK economy by 2025, search engine giant Google has announced. Google’s annual UK App Economy report revealed that the industry is set to exceed £4bn in 2014 alone, with the UK becoming Europe’s biggest technology hub. Of all app revenue in 2013, more than a […]


17 June 2014
Category:
News

e-Wallet Prepaid Cards: How can they Benefit Consumers?

The UK is the ‘most internet-based major economy’ according to researchers at the Boston Consulting Group (BCG). And as consumers increasingly turn to the internet to make a range of purchases, e-Wallet prepaid cards present a convenient and time-efficient way of to make payments. Here are just some of benefits that e-Wallet prepaid cards for […]


9 June 2014
Category:
News

Cash Is Out…..and Cards Are In!

Brits are increasingly turning to the use of contactless payments and self-service to pay for goods and services, according to new data. The use of cash for these purchases it at its lowest ever level according to the British Retail Consortium, with debit cards accounting for 49.6% of sales by value. Cash use, meanwhile, has […]


5 June 2014
Category:
News

Business Lobby Groups Positive Over UK Economy

The UK economy is in good health, according to a report produced by two major lobby groups – the Confederation of British Industry and the British Chambers of Commerce. According to the CBI, growth rates recorded in May were at a record high – outperforming all months since data was first collected in 2003. Meanwhile, […]


23 May 2014
Category:
News

Choosing Between The Plastics – What You Need to Know

There is no longer a need to use cash for every transaction – now there are debit, credit and prepaid options, but how do you choose between them? The plastic options provide a different approach to money, increasing the ease at which it can be managed and transferred. Choice is a great thing for many […]


15 May 2014
Category:
News

Planning For This Summer’s World Cup – How You Could Save

With just under a month to go until the big kick-off in Brazil this summer, many people will already be considering where to watch the big games. While pubs and sports bars may be popular choices, hosting the games among friends and family could be a much cheaper option. Not only does this provide an […]


2 May 2014
Category:
News

Brits Continue to Ditch Cash for Card Payments

Cash payments now account for less than a fifth of transactions according to research from the Halifax Bank. Debit cards remain the most popular choice of payment, with these types of card used in roughly half of all transactions. It could be a sign of the times, but the number of cash payments has fallen […]


30 April 2014
Category:
News

UK Economy Grows 0.8% in First Quarter

The UK economy experienced growth of 0.8% in the first quarter of 2014, according to the latest official figures. The Office for National Statistics revealed the rise in gross domestic product for a fifth consecutive quarter, meaning the economy is now just 0.6% smaller than at its 2008 peak. GDP is a measure of a […]

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