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 […]
How to Pay for a Gap Year
Taking a gap year when finishing school or university is a popular choice among many people, but managing funds when travelling from country to country is no easy feat. With possible destinations ranging from South America to Australia, Thailand or even Europe, travellers can have the world at their finger tips. Where they choose to […]
Why it Could Already be Time to Start Saving for Christmas
Christmas is still months away, but planning ahead could be a massive factor in easing the financial burden that is often associated with the festive season. Before gifts are even making it onto supermarket shelves, putting money aside could help in the long-term. Figures from Halifax suggest that the average amount spent on Christmas last […]
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 […]
Overcoming Retailer Data Trust Issues
Global research into fraud has found that nearly a third of consumers don’t trust retailers with their data – likely as a result of several widely reported breaches in the past year. Data is stored by online shopping sites, restaurants and other businesses and the sheer scale of what is kept means some breaches of […]
Mobile Shoppers: UK Consumers Turn to Mobile for Purchase Decisions
UK consumers are increasingly looking for time-efficient ways to make their everyday and occasional purchases. Now new research has revealed that mobile devices have become the shopping method of choice for just under half (46%) of consumers. The findings come as part of the UK Mobile Path-to-Purchase Study, conducted by location ad platform xAd and […]
Over 50s Embracing Modern Payment Methods
Over 50s are leading the way when it comes to embracing modern payment methods, according to the latest figures. Research conducted by Saga Personal Finance shows that while 60% of over 50s regularly pay by credit card, this figure is a lower 38% for 18-49 year olds. Over 50s are also waving goodbye to their […]
Quarter of Brits Overdrawn Shortly After Payday
Despite the undoubted recent improvement in the UK’s economy and recent figures from Aviva’s latest Family Finances Report revealing that income levels have reached record levels, it seems that Brits are still struggling to balance the books. The economy has finally begun to move in the right direction since the recent financial downturn which affected […]
UK Economy set for Quick 2014 Growth
Growth in the UK economy will outpace any other G7 economy in 2014, according to a report from the EY Item Club. The report also hinted that low wage increases will stave off any potential interest rate rises until at least 2015. Strong business investment will drive growth in UK gross domestic product by 3.1% […]
Warning for Online Shoppers Using Auction Websites
Scammers are targeting popular auction websites and are fraudulently taking thousands of pounds from online shoppers, a charity has warned. Citizens Advice has warned people to be on their guard, adding that sites such as Gumtree and eBay are at risk of becoming a ‘hotbed for scams’ and false postings. One in six consumer problems […]
