Posted in News on November 30th, 2007 No Comments »
Nearly one in three people (30%) who are in a relationship are prepared to sacrifice their personal spending for their partner, according to Engage Mutual.
A further 22% of people are willing to cut back on going out, in order to save money.
With disposable income in the UK having recently reached a 10 year low according […]
Posted in News, Save & Invest on November 30th, 2007 1 Comment »
Research from Standard Life has shown a significant fall in confidence in the savings and investment market.
The overall score in the latest Standard Life Savings and Investment Index has decreased significantly since last wave, plummeting from 20 down to 11. This matches the previous all time low recorded in July 2005 when the research first […]
Posted in News, Save & Invest on November 30th, 2007 No Comments »
The financial services sector was a key play for investors this week, according to online broker TD Waterhouse, which recorded a surge of activity in the sector. According to Angus Rigby, chief executive officer of TD Waterhouse, news of the various parties interested in Northern Rock, such as Sir Richard Branson’s Virgin consortium, rallied the […]
Posted in News, Banking, Save & Invest on November 30th, 2007 No Comments »
The amount invested in cash child trust funds (CTFs) rose by £23m over the last three months, statistics from the Building Society Association (BSA) have shown.
The BSA’s research also showed a 32% increase on balances held in the same period last year. To date, 576,000 cash CTFs have been opened, with balances totalling £279m.
In quarter […]
Posted in News on November 30th, 2007 Comments Off
Consumers should not be distracted by attractive short-term rates on current accounts, moneyfacts.co.uk has warned.
Research from the price comparison site has shown that while many current accounts offer competitive interest rates, they often require minimum funding and will only pay out the high interest rate for a limited time period.
Esther James, personal finance expert at […]
Posted in News, Loans on November 29th, 2007 No Comments »
Two more personal loan providers have withdrawn from the market, as the credit crunch continues to spread through the financial services industry.
Hanley Economic Building Society and Eskimo Loans (funded by Northern Rock) have withdrawn their personal loan offerings, according to financial comparison site Moneyfacts. This follows GE Money, Leeds Building Society and LV=, who all […]
Almost a third (30%) of people plan to spend less this Christmas due to recent turmoil in financial markets, according to Cornhill Direct.
A survey by the insurer showed last Christmas UK consumers spent an average of £2,114 over the festive season, down 4.1% from 2005. Most money went towards presents last year, with £1,059 spent […]
Posted in News, Save & Invest on November 29th, 2007 No Comments »
The Credit Services Association has re-launched its 7-point plan to help consumers avoid the pitfalls of debt over the festive period.
The top tips from the CSA include setting a clear budget and sticking to it, making a list of presents and not being tempted to buy more, and starting to buy early in order to […]