Archive for August, 2010

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Do online bargain hunters actually spend more?

Do online bargain hunters actually spend more?
According to new consumer insight research released today by PayPal, Britain's obsessive bargain hunters actually spend up to 50% more online than shoppers willing to pay the price on the ticket. Whether they shop online or on the high street, nearly nine in 10 people (over 43 million or 88%) say they now constantly look for ...
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Pensioners suffer from ‘Money Sickness’

Pensioners suffer from ‘Money Sickness’
Last week, new government data revealed that the number of people over the age of 65 is set to continue growing to almost a quarter of the population in 20 years time. Now, a new report from AXA, the financial protection provider, warns that today's pensioners are being hit by escalating money worries that severely ...
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Banking is far from free, says Which?

Banking is far from free, says Which?
According to a new report from Which?, low credit interest, high overdraft charges and big fees on spending abroad means that while we may not pay a monthly sum for our current accounts, banking is not free. For example, the consumer champion's research reveals that consumers could be spending as ...
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‘Idiot taxes’ cost Brits £4.4 billion a year

‘Idiot taxes’ cost Brits £4.4 billion a year
New research from MSN Money suggests that UK taxpayers are wasting billions every year due to simple acts of carelessness or forgetfulness. MSN has coined these costly mistakes ‘idiot taxes', a catch-all term for all those forgetful and stupid acts, like putting the wrong fuel in a car engine and locking ...
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Bank of England releases bleak outlook for the economy

Bank of England releases bleak outlook for the economy
The latest Inflation Report from the Bank of England has suggested that the economy is recovering at a slower rate than expected. The report, released today, states: "The recovery continued in the United Kingdom, with output growth across the first half of 2010 close to its historical average. But the level of ...
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Are two thirds of Britain’s motorists driving dangerously?

Are two thirds of Britain’s motorists driving dangerously?
Nearly two-thirds of British drivers (64%) admit to having engaged in some form of potentially dangerous activity whilst driving in the last month, according to new research from Sainsbury's Car Insurance. Eating and drinking whilst driving is the most prevalent dangerous habit, with 38% of motorists questioned admitting to having done this in ...
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Banking with Halifax could net you £120 a year

Banking with Halifax could net you £120 a year
Halifax Reward current account customers, who are already eligible for £60 a year (£5 per month) in cash rewards when they fund their account with £1,000 each calendar month, can now earn up to £120 a year in rewards by applying for the new Halifax Clarity credit card, launched in July. Halifax Clarity credit card, the ...
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High street bank extends opening hours

High street bank extends opening hours
HSBC has announced that it is increasing the number of branches it opens on a Saturday by more than half, and also increasing the number of branches that offer late night opening. HSBC currently has around 330 branches which open on a Saturday. Over the coming months this is set to increase ...
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Yorkshire launch three-year fixed rate mortgage at 3.65%.

Yorkshire launch three-year fixed rate mortgage at 3.65%.
Yorkshire Building Society has launched a new three-year fixed rate mortgage at 3.65%. The new deal is available at any of the Yorkshire's 135 branches, and is open to borrowers able to put up a 25% deposit with a fee of £995. A three-year fixed rate at ...
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How much cash lurks down the back of your sofa?

How much cash lurks down the back of your sofa?
£42.9 million is hidden down the back of Britain's sofas, according to new research from Halifax. The survey reveals that Brits are not looking after the pennies when it comes to making the most of loose change. Two thirds of Brits (65%) regularly find loose change in a variety of places which could be put ...
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