Spending on UK Internet advertising leapt ahead last year, overtaking the amount spent in national newspapers for the first time, according to a report from the Internet Advertising Bureau (IAB) and PricewaterhouseCoopers.
Online expenditure jumped almost 42% to £2.01bn, while spending on newspaper ads grew just 0.2% to £1.9bn, representing a 10.7% share of the market.
However, […]

Another week and we have another official report saying that we are useless when it comes to understanding our money.
This one has been produced by the Department for Education and Skills (DFES) and focuses on young people and their woeful ignorance of what that folding stuff in their purses and wallets is all about, and how […]

“Archaic IT” is denying women access to specially tailored bank products and services, and the banks are losing out on potentially the most profitable market in the country.
These are the conclusions of a study from Accenture, one of the UK’s largest advisers to the UK banking sector, and they are set to provoke a strong […]

The recent interest rate rises could at last be having an effect on soaring house prices, according to Nationwide Building Society.
it said that prices rose by 0.4% in March, putting the average cost of a property at £177,083.
Annual house price inflation fell to 9.3% in March from 10.2% in February and the building society noted […]

The recovery at Sainsbury’s is gathering pace as the latest sales figures show the rate of improvement at the store is continuing to deliver on its targets, and the firm as a whole is responding to the UK investment being made into it.
Like-for-like sales, which strip out the effect of new store openings, grew 5.9% in the […]

A Government survey has found that young people are still baffled by their money, with many unaware of the most basic aspects of finance.
A poll undertaken by the Department for Education and Skills (DFES) found that 40% of 16-21 year olds did not know what APR stood for and that 25% thought store cards better value […]

Single parents are struggling to save for their children’s future, with just one in six making regular payments into a children’s saving account, according to new research by Engage Mutual.
With the number of single parents increasing more and more are under such financial pressure that they are unable to compare savings accounts for their children, […]

Plans to make it easier for people in the UK to invest in hedge funds have been announced by the Financial Services Authority (FSA).
The FSA is consulting on a proposal to allow investors to make a UK investment directly into ‘funds of hedge funds’ based in the country.
UK investors are currently only permitted to place money into foreign […]