Research by Callcredit has revealed that 40% of the UK’s working population could not survive for more than a month on their savings alone.
The credit reference agency’s findings show that this figure peaks to a staggering 53% among the 25-34 age group.
The impact of the credit crunch means that one in 10 people can no […]

A weak pound against the euro and high airport currency exchange rates means Briton’s holiday money might not stretch as far as hoped, according to FairFX.
Holidaymakers flying from Luton, Newcastle, Liverpool, Leeds, and City airports could be paying well over the odds for their holiday money.
The prepaid currency card provider has discovered these airports are […]

The majority of Internet banking customers at Norwich and Peterborough Building Society (N&P) say they could not imagine going back to banking without it.
In a survey conducted by N&P, it was also revealed that 90% of customers access their accounts from the comfort of their own home and of those, 39% prefer to do it […]

APACS, the UK payments association, and ABTA, the travel association, have published a consumer advice guide providing information for Brits using their cards abroad this summer.
APACS statistics show that there were 309 million overseas transactions on UK-issued cards last year, representing 3% of all transactions on UK-issued cards. In fact, using a card is so […]

Average rates on unsecured loans have increased by up to 1% in the past six months, despite the Bank of England cutting rates three times, according to price comparison site MoneyExpert.
Research from the website found that the average rate for a £5,000 loan is now 10.16% compared with 9.5% in November 2007. The average […]

Nearly a quarter of teenagers want their parents to invest in ethical companies, according to the UK Social Investment Forum (UKSIF).
Research from UKSIF found that 85% teenagers aged between 15 and 19 years old believe their generation has a responsibility to ensure investments are not used to support companies that harm the environment. A further […]

Nearly one-in-five single women aged 25 to 45 spend more money on their personal upkeep than on saving for the future, according to Friends Provident.
A report from Friends Provident claimed that many women in the UK fall into the category of the “Sex and the City” generation – spending more money on their lifestyle than […]

Holiday makers should bear in mind that using debit and credit cards abroad comes at a price, according to price comparison site Moneyfacts.
Michelle Slade, analyst at Moneyfacts, said that in the wake of travellers cheques becoming less popular, more people are resorting to plastic power when they go abroad. However, research from Moneyfacts showed […]