Customers can get their finances in shape for summer by spending a few minutes making sure their money is working for them, the British Bankers’ Association said today.
Chief Executive Angela Knight CBE suggested bank customers review their finances in the same way they measure their fitness and talk to their bank or financial adviser just […]

The average household in Britain spends £23,800 on the ‘hidden’ costs of moving house over their lifetime, which equates to more than the average UK salary, according to a new study by The Co-operative Bank.

As the main focus is often on the house price itself, these ‘hidden’ costs, which include all the extra expenses apart […]

A third of Brits are “financial fantasists” according to the latest quarterly savings survey published by National Savings & Investments.
The group are gambling with their security by expecting to earn higher sales in the future, borrowing money or expecting to receive a windfall or inheritance, instead of making a detailed financial plan for the years […]

The European Commission has outlined plans to clamp down on holiday club scams that have duped thousands of people out of their savings.The clubs persuade people to part with large fees up-front with the promise of cheap future holidays and the EC plans to extend the protection given to timeshare customers to people who join […]

The average property will cost 10 times the average income by 2026, even if the Government’s current targets for new homebuilding are met.

According to the National Housing Planning Advice Unit (NHPAU) a new body chaired by former Bank of England economist Stephen Nickell, far more properties need to be built than are currently planned to […]

Summer can be a dangerous time for drivers with accidents rates rocketing according to rural insurer NFU Mutual. It says that 40% of its car claims occur during the summer months and is urging all drivers to be aware of the increased risk.
 

Laura Wood at NFU Mutual commented: “You should always be as aware of […]

Research from uSwitch.com shows that 20% of customers are not happy with their credit card provider.But despite this, the report – issued a year after the OFT effectively capped credit card charges at £12 – found that consumers are not acting with their feet as they typically stick with the same provider for six years.
Capital […]

The Monetary Policy Committee of the Bank of England has voted to maintain the Base Rate at 5.5%.

The freeze was widely expected, in light of a dip in high street spending and, perhaps more significantly, falling mortgage approval numbers indicating a cooling off in the housing market.
Borrowers appear to be responding to the four interest […]