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10 November 2014
Category:
News

Nearly Half of Brits Have Fibbed About Their Finances

Nearly half of British adults have told some financial white lies, with a partner the one most likely to be on the receiving end, new research has revealed. Some 48% of adults have fibbed about finances with 15% admitting they were most likely to do it to their partner as they wanted to hide something. […]


6 November 2014
Category:
News

Retirees with Interest Only Mortgages Face Tough Decisions

More than half a million people aged over 50 years could be forced to sell their properties to pay off interest only mortgages, new research has suggested. Saga Personal Finance has suggested that many people are facing the burden of mortgage debt as they enter retirement – and some of them have no way of […]


31 October 2014
Category:
News

UK Consumer Confidence at Seven Year High

Consumer confidence in the UK improved again in the third quarter according to insight firm Nielsen; marking a third consecutive rise of three points. The UK Consumer Confidence Index hit 93 in the third quarter of 2014, a high point last seen in the same period of 2007. Despite the improvements there is still some […]


29 October 2014
Category:
News

Lloyds Bank Research Suggests Saving is Getting Easier

Seven in ten people in full time employment have at least a quarter of their monthly income left over once bills and essential items are paid off, according to new research. The data from Lloyds Bank suggests people are finding it easier to save funds and accumulate money for discretionary spending. The study was based […]


27 October 2014
Category:
News

Kids Working Harder to Earn Their Pocket Money

Two thirds of children are doing household chores in order to earn their pocket money, according to new research from Halifax. It shows that 65% of youngsters aged between eight and 15 are working for their money by doing a number of simple household tasks. This is having a positive impact on their understanding of […]


15 October 2014
Category:
News

Parents Pay the Price of Raising Adult Children

British parents spend more than £32,000 supporting their children after they’ve turned 18, according to new research. According to Zopa, a peer-to-peer lending service, 44% of parents revealed they may have to delay retirement as a result, while 71% say their lifestyle will be affected to some extent. It highlights the true cost of bringing […]


13 October 2014
Category:
News

Online Shopping at all Hours: Dramatic Increase in Early Morning Purchases

The allure of online shopping is growing and none more so than in the early hours of the morning, according to new research from John Lewis. The department store chain revealed a dramatic increase in shoppers that log on between midnight and six in the morning, when analysing purchases made in the last year. A […]


29 September 2014
Category:
News

Chancellor Scraps 55% ‘Death Tax’ on Pension Funds

Chancellor George Osborne has unveiled plans to scrap the 55% tax on pension funds when somebody dies from April next year. It means people with defined contribution pension savings will no longer have to consider the tax and will have the freedom to pass it on to any nominated beneficiary upon death. Around 320,000 people […]


23 September 2014
Category:
News

Online Shopping Deliveries to Top 1.35 Billion By 2018

Online shopping deliveries topped the one billion mark in 2013, and will reach 1.35 billion by 2018, according to new research. The growth highlights the growing dependence on the online marketplace to buy goods, both in the UK and in other countries across the globe. According to Barclays’ Retail and Transport & Logistics banking sector […]


19 September 2014
Category:
News

Tips for Cutting Energy Costs as Winter Approaches

Winter is typically the period when household energy usage goes up, so as summer draws to a close for another year, what can be done in preparation? Saving on gas and electricity can help ease the financial burden and can provide a little extra money for the festive season. There are a number of approaches […]

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