Millions of consumers are still reliant on credit for day-to-day living costs in 2009 according to the Post Office latest Consumer Credit Report.
The survey reveals over 10 million adults intend to use their credit card in the first part of the year for daily purchases such as grocery shopping, reflecting the extent to which the […]

The economic crisis is having an effect on British relationships with almost a third of couples admitting to arguing more this year, mainly about money and household chores, according to PayPal.
But it has also prompted one in five couples to talk more openly about their finances. This willingness to talk openly about money will almost […]

Nationwide Building Society has called on consumers to start saving after its latest savings research reveals 54% of people think now is a bad time to save with just 23% of those questioned admitting they do not save anything at all.
It could be argued there has never been a more important time to put money […]

Interest rates on UK savings accounts are set to drop below 1% for the first time ever.
According to moneyfacts.co.uk, which keeps track of more than 900 savings accounts, the average rate paid out fell from 4.25% at the end of 2007 to 1.07% this month.
As the Bank of England has slashed Base Rate by 0.5% […]

The Building Societies Association has urged the Bank of England not to reduce its rate any further as recent swinging cuts are hurting savers. The Bank is widely expected to reduce Bank Rate for the fifth month is a row this week, from 1.5% to 1%, the lowest rate since it was founded in 1694.
Adrian […]