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August 28, 2015 - Latest:

Will you still need to carry cash in five years’ time?

28 August 2015

Four in 10 people believe they will no longer need to carry cash in the future as contactless payment will be increasingly widespread.   Research by Lloyds shows 43% of  [...]

How much will it cost to send your children back to school?

28 August 2015

Getting the children back to school costs parents on average £164, and 6.5% more than last year.   After spending on average £5,161 over the summer holidays on childcare and [...]

Local authorities instructed bailiffs to collect debts on 2.1m occasions last year

27 August 2015

Local authorities in England and Wales instructed bailiffs to collect debts on 2.1m occasions last year, according to new research by the Money Advice Trust. The charity which runs National [...]

Bank holiday road mayhem – the top 10 motoring grievances revealed

27 August 2015

With the Bank holiday exodus nearly upon us, new research by The Co-operative Insurance reveals that tailgating tops the list of motoring annoyances in the UK. With many people taking [...]

British Gas cuts its prices by 5% but will the rest of the ‘big six’ follow its lead?

27 August 2015

Thursday sees British Gas axe its standard gas tariff by 5%, representing a £35 a year reduction on bills for just under 7m customers and the pressure is now mounting [...]

A rising number of drivers are running dry because of gambling on fuel levels

27 August 2015

An ever increasing number of British motorists are risking breaking down by continuing to drive long distances way after their fuel light has come on, claims new research from LV=. [...]

Motorists waste £1.2bn a year by allowing their car insurance to auto-renew

26 August 2015

British drivers are wasting up to £1.2bn each year by allowing their car insurance contracts to automatically renew rather than shopping around for a cheaper deal. The study by GoCompare.com, [...]

Children’s school bags now contain an average of £270 worth of gadgets

26 August 2015

Children’s satchels now contain an average of £270 worth of gadgets – a collective total of £3.2bn, a new study reveals. This is an increase of 108% on the previous [...]

Being reasonable is key to challenging a parent’s Will, says wealth manager

24 August 2015

A Court of Appeal decision to overrule a mother’s decision to disinherit her daughter and leave all her money to animal charities may encourage more disputes over Wills that exclude [...]

Autumn is peak season for home insurance burglary claims. Is your home adequately protected?

24 August 2015

The highest rate of insurance claims for burglaries happen between September and November, with the number of claims 10% higher than in the spring, new research has shown. MoneySuperMarket analysed [...]

The collective cost of the school year? A hefty £2.9bn claims new research from Santander

24 August 2015

British mums and dads will collectively shell-out an eye-watering £2.9bn preparing their kids for the new school year, according to new research from Santander. With the nation gearing-up for the [...]

Britons now spending £4.5bn a year on lattes, cappuccinos and flat whites

24 August 2015

While traditionally the UK is seen as a nation of tea drinkers new research has highlighted that millions of Britons are pouring their cash into coffee shops. A survey from [...]

Old vs young in the inheritance tug-of-war

21 August 2015

Inheriting money is no longer a given as parents and children engage in a tug-of-war over who will support who financially.   Research from SunLife shows that one in six [...]

Driving abroad this summer? Don’t risk a fine by breaking these rules

21 August 2015

A quarter of people set off for a driving holiday without researching the rules of the road abroad meaning they risk a fine or worse.   A total of 23% [...]

Pocket money growth outstrips parents’ wages

21 August 2015

Pocket money increases have outpaced wages in the past 28 years, with children now receiving £6.20 a week.   The latest research from Halifax shows average pocket money given to [...]

Should employers be forced to support employees’ days of volunteering work?

20 August 2015

Steve Herbert, head of benefits strategy at Jelf Employee Benefits and Mindful Money columnist, takes a look at the controversial issue… In July, I publicly stated my considered view of [...]

Are pension freedoms customers potentially setting themselves up for a big fall?

20 August 2015

People taking advantage of the new pension freedoms may be unwittingly setting themselves up for a financial shock claims new research. The analysis from insurer Royal London found that of [...]

Majority of UK graduates in non-graduate jobs

19 August 2015

The majority of UK university graduates are employed in roles that do not require a degree, a new report has found. The Chartered Institute of Personnel and Development, a trade [...]

Nearly half a million workers miss out on staff benefits as employers falsely brand them “self-employed”

19 August 2015

As many as 460,000 people could be ‘bogusly self-employed’ meaning they miss out on holiday pay, the government loses tax revenue and responsible businesses could be undercut, a charity has [...]

Students warned against falling for freebies over other banking features

19 August 2015

Students are being warned against signing up to a bank account based on freebies, as other factors like interest free overdrafts can save them more money in the long run. [...]

Energy bills set to jump as eight fixed tariffs come to an end

18 August 2015

Energy bills are set to rise by up to £136.59 a year as eight fixed tariffs end in August. GoCompare.com, the comparison website, says that eight fixed dual fuel tariffs [...]

Rail season tickets have risen three times faster than wages, say unions

18 August 2015

The cost of rail season tickets, and other regulated fares, have risen nearly three times faster than wages over the last five years, according to new analysis by the TUC [...]

Smartphone users say manufacturers are forgetting the basics in the race for new tech

18 August 2015

Nearly two-thirds (62%) of smartphone users are concerned that technology is evolving so fast that manufacturers are forgetting about providing the basic functions. The top three most important things to [...]

Surge in large-scale organised current account frauds

18 August 2015

Current account fraud has surged during the second quarter of 2015, with the number of attacks almost doubling. The rate of fraudulent applications soared from 81 in every 10,000 during [...]

Fuel efficiency is the top priority for drivers looking to buy a new vehicle

17 August 2015

Fuel efficiency is the most sought after feature drivers consider when choosing a new car, according to new research. The survey from switching site Gocompare.com found that 68% of motorists [...]

Savings market is finally starting to show the green shoots of recovery

17 August 2015

Savers are being offered some respite from paltry returns on their cash as interest rates edge higher across easy-access accounts. Research from savings site Moneyfacts.co.uk has highlighted that the market [...]

Own a holiday home? Then you need to know about this EU inheritance change

14 August 2015

New inheritance rules being implemented by the EU will give British families more freedom on how they pass on foreign assets, such as holiday homes.   EU Succession Regulation comes [...]

Parents need to save £82 a month from child’s birth to help with uni costs

14 August 2015

Parents in professional jobs are planning on paying for two-thirds of their children’s university costs but they need to start saving early.   Research by Wesleyan found professional would like [...]

Families upgrading their holidays and spending £1,878 more

14 August 2015

Families are planning to upgrade their holiday this year, spending £1,878 more than last year.   Research by M&S Bank shows the average family of four is planning to spend [...]

Britons saddled with £1.2bn of debt from ex-partners

14 August 2015

Britons have been saddled with £1.2 billion worth of debt racked up on shared credit cards by an ex partner.   Over two million Britons have been in a position [...]

Majority of parents happy to let their kids skip a week of school if it means getting a cheaper family holiday

13 August 2015

More than half, at 53%, of UK parents would be happy to let their child to skip a week of school if it meant being able to get a better [...]

Bad professional advice spurs on massive £6.4bn loss across small UK businesses

13 August 2015

Poor professional third party and consultant advice has resulted in 16% or some 320,000 small businesses losing money, claims new research. Direct Line for Business, who conducted the analysis, as [...]

Corner cutting to get cheaper motor insurance is potentially leaving thousands driving illegally

13 August 2015

Thousands of motorists are paying a high price and even in some cases driving illegally by cutting corners when buying insurance according to the Association of British Insurers (ABI). The [...]

The new IHT rules and how they can impact ex-pats

12 August 2015

Expatriates often benefit from considerable tax advantages. Unfortunately, however, if you are UK domiciled there is no getting away from UK inheritance tax, no matter where in the world you [...]

Typical Isa balance jumps by almost 50% since the introduction of new savings limit says Halifax

12 August 2015

Cash Isa balances have soared by 44% since the introduction of the new bumper £15,000 allowance according to Halifax. The latest Halifax Savings Review found that customers have warmly welcomed [...]

French are the worst tippers but Britons come a pretty close second claims new survey

12 August 2015

The French, and not the British, are the tightest when it comes to tipping according to a new survey. The new Global Tipping Index from Direct Line Travel Insurance investigated [...]

Rising incomes among UK families hides a growing gap between the ‘haves’ and ‘have nots’

12 August 2015

Rising incomes and savings pots among UK families are masking a widening wealth gap between the ‘haves’ and ‘have nots’, new research has revealed. The latest Aviva Family Finance Report [...]

Travellers rebel against duty-free shops as retailers are pressured to pass on VAT savings to customers

12 August 2015

Airport retailers are being pressured to pass VAT savings onto shoppers as many stores are pocketing the extra cash when customers show their boarding passes. Travellers are typically asked to [...]

German cars top the ‘most wanted’ list but motorists say they also have the worst drivers

11 August 2015

Luxury brands including Audi, BMW and Mercedes top the list of car brands motorists most want to own but owners of these ‘must have’ vehicles have also been voted the [...]

Motorists looking for cheaper fuel collectively wasting more than £500m every month

11 August 2015

Motorists going out of their way in a bid to find cheap fuel could collectively be wasting £528m every month according to research by MoneySuperMarket. The price comparison site’s ‘Focus [...]

Over 33% of UK holidaymakers think budget airlines are taking them for a ride with their prices

11 August 2015

More than a third of UK holidaymakers think budget airlines are anything but according to new research from Gocompare. In a survey of over 1800 UK adults who have holidayed abroad, [...]

A third of consumers cannot be bothered to read their energy bills

11 August 2015

Despite the grumbles energy firms inspire, a third of consumers cannot be bothered actually reading their bills claims a new study. The analysis from comparison site uSwitch.com found that people [...]

Homeowners “must act now” to ensure they can meet their repayments when interest rates rise

11 August 2015

Homeowners have been cautioned that they have only a “short window” to get their finances in order before interest rates rise. The warning comes from the Money Advice Trust, following [...]

Firm which said it could solve nuisance calls fined £50,000 for “aggressive cold calling”

10 August 2015

A company, which boasted that its service helped stop people from receiving nuisance calls has been fined for actually making nuisance calls. The Information Commissioner’s Office (ICO) has hit Bournemouth-based [...]

Lying about debt – the true behaviour of cash strapped Britons

10 August 2015

A massive 41% of debt-burdened Britons keep there money woes a secret due to shame or guilt according to a survey from MoneySuperMarket. The comparison site investigated how truthful consumers [...]

Home insurance premiums fall by almost 7% in 12 months

10 August 2015

Home insurance premium costs have dropped by 6.6% over the past year claims new research from Consumer Intelligence. The insurance market research group found that between June 2014 and June [...]

‘Staycations’ are the new holiday of choice for many, as Britons tighten their purse-strings

10 August 2015

Despite the backdrop of a stronger economy and ultra-low inflation Britons are cutting back on their downtime spend as new research shows fewer of us are choosing to holiday abroad. [...]

Rising number of would-be drivers being banned from the road before they even hit 17 years of age

10 August 2015

An ever-rising number of children are being disqualified from driving before they are even legally old enough to get behind the wheel claims new research. The analysis from Churchill Car [...]

How much spare cash do you need to be happy?

7 August 2015

Money can’t buy happiness, but it does help and Britons said they need £310 in spare cash each month to feel happy.   SunLife’s ‘cash happy’ study shows the average [...]

Why divorcing couples need to check their wills

7 August 2015

Divorcing couples will be prompted to update their wills thanks to a new Family Break-Up Will being offered by Co-operative Legal Services (CLS).   The new will enables divorcing couples [...]

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