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Charities suffer as the cost of living rises

Updated: 12th December 2017 - First Published: 12th December 2017 Given the news that inflation has risen once again, it may not come as a surprise that there has been a drop in the amount that is being donated to charities. However, this drop may be less severe than expected. Read More...

Grandparents spend £932m to help cover Christmas

Updated: 06th December 2017 - First Published: 06th December 2017 Christmas is a time for family, friends and loved ones to get together, but it seems that in many cases, certain family members are actually called upon to help cover the cost, with grandparents in particular often footing the bill. Read More...

Know your rights this Black Friday

Updated: 24th November 2017 - First Published: 24th November 2017 The Black Friday frenzy has begun, with consumers set to spend billions over the next few days. But could you end up spending more than you need to, and are you aware of your rights? Read More...

Brits set to spend billions on Black Friday

Updated: 17th November 2017 - First Published: 17th November 2017 It’s one of the biggest shopping days of the calendar, and it’s happening next week – Black Friday is almost upon us, and Brits are set to spend billions during this one key event. Read More...

What does the interest rate rise mean for you?

Updated: 02nd November 2017 - First Published: 02nd November 2017 The Bank of England has voted to increase interest rates from 0.25% to 0.50%, the first time a rise has been seen for more than a decade, but what does this mean for you? Read More...

Halloween spending beats Guy Fawkes

Updated: 31st October 2017 - First Published: 31st October 2017 Many of us flash the cash at this time of year, be it on spooky costumes or fireworks, and new research has revealed just how much we spend – finding that Brits are set to spend almost double celebrating Halloween than Guy Fawkes. Read More...

(Grand)parents owed an average of £12,700

Updated: 27th October 2017 - First Published: 27th October 2017 New research has revealed that parents and grandparents who have lent their (grand)children money are owed an average of £12,700 as a result – and many will never see that money again. Read More...

You can be ‘cash happy’ with £82 a week

Updated: 13th October 2017 - First Published: 13th October 2017 How much do you need to be truly ‘cash happy’? It may be less than you think, with research from SunLife showing that you don’t have to be a millionaire to be happy; you just need an extra £82 a week. Read More...

Go ethical for Good Money Week

Updated: 10th October 2017 - First Published: 09th October 2017 We all want to get more from our money, but what if we could pair that with doing good? Good Money Week is all about ensuring just that, by raising awareness of the sustainable and ethical options available when it comes to managing your money. Read More...

3 ways to use the old pound while you can

Updated: 09th October 2017 - First Published: 09th October 2017 The final countdown has started: in less than seven days, the old round £1 coin will stop being accepted as legal tender. Specifically, you have until midnight on Sunday 15 October to spend your old pounds. How can you make the most of them? Read More...

Survey open – your chance to win £1,000!

Updated: 03rd October 2017 - First Published: 03rd October 2017 Voting is now open for this year’s Moneyfacts Consumer Survey, which means not only that you get the opportunity to have your say on the services and products that you’ve experience with, but also three chances to win £1,000! Read More...

Brits waste £4.70 every day on unwanted purchases

Updated: 27th September 2017 - First Published: 26th September 2017 How much money do you waste without realising? Those takeaway coffees, impromptu clothes purchases and cheeky trips to the pub can all add up, and research shows that the amount spent on could be enough to fund almost half a typical retirement. Read More...

10 years on from Northern Rock – what’s happened?

Updated: 15th September 2017 - First Published: 15th September 2017 The beginnings of the financial crash first took hold 10 years ago this week, when Northern Rock collapsed and the first run on a British bank in over a century began. How have things changed since then? We take a look. Read More...

Consumers increasingly worried about inflation

Updated: 04th September 2017 - First Published: 04th September 2017 Inflation has been steadily ramping up over the last year, and many people will undoubtedly be starting to see the impact on their wallets. It’s little wonder, then, that consumers are becoming increasingly concerned. Read More...

Millennials saving for today, not tomorrow

Updated: 31st August 2017 - First Published: 31st August 2017 We’re often told of the importance of saving for the future, yet today’s younger generation may not be taking it on board, as millennials are choosing to spend their disposable income on the here and now rather than saving for bigger life purchases. Read More...

Brits spend £87m each year on weddings

Updated: 30th August 2017 - First Published: 30th August 2017 Wedding season may be drawing to a close, but many of us will still have a few autumn nuptials to attend – and given how much it costs to be a wedding guest, they could be quickly draining the bank balance. Read More...

Bank holiday DIY? Make your budget go further

Updated: 25th August 2017 - First Published: 25th August 2017 The bank holiday weekend is almost upon us, and for many, that means a spot of DIY could be on the horizon. But how can you make that refurbishing fund go further? It’s all about spending wisely! Read More...

Impulse purchases cost Brits £3.1bn

Updated: 25th August 2017 - First Published: 25th August 2017 We’ve all been there. We pop to the shops for a pint of milk, but come back with a dine-in meal deal, a pair of shoes, some eclairs and a multipack of crisps. Not only did we forget the milk, but this impulse buying costs £3.1bn each month. Read More...

Cash still king – but for how much longer?

Updated: 14th August 2017 - First Published: 14th August 2017 Cash has long been king when it comes to payment methods, but new figures from UK Finance suggest that its crown may be starting to slip – and it’s largely expected to fall further in the years ahead. Read More...

Brits spend more on lunch breaks than utilities

Updated: 10th August 2017 - First Published: 10th August 2017 We all like to think we’re pretty good with money, but a lack of willpower can often be our downfall. This is no truer than when it comes to the lunchtime shopping trip. Impulse buys can quickly start ramping up – as can the shopping bill. Read More...

Top five financial problems – how to solve them

Updated: 02nd August 2017 - First Published: 02nd August 2017 Securing your financial future can sometimes be easier said than done, which can lead to a definite “head in the sand” situation. But nothing’s impossible - here we look at the top five financial problems, and identify ways to tackle them. Read More...

Base rate anniversary: the difference a year makes

Updated: 01st August 2017 - First Published: 01st August 2017 On 4 August 2016, the Bank of England cut the base rate to 0.25%, a decision that has had a huge impact on mortgages and savings rates. As we approach a full year since the drop, we've analysed how the cut has impacted the interest rates on offer. Read More...

£468 – the cost of entertaining the kids in summer

Updated: 20th July 2017 - First Published: 20th July 2017 UK parents are set to spend £468 on entertaining the kids this summer, adding up to a whopping £6.2bn. It may sound like a lot, but it’s lower than it has been in years – yet it still highlights the importance of making your holiday money go further. Read More...

Shoppers rack up £112 a year in loyalty points

Updated: 12th July 2017 - First Published: 12th July 2017 When it comes to the likes of insurance, savings or mortgages, loyalty rarely pays, but in the wider world of shopping, it can - consumers collectively earn £5.7bn in rewards each year, so all those loyalty cards can be put to fantastic use! Read More...

Over 50s ignored by financial service providers

Updated: 04th July 2017 - First Published: 04th July 2017 A new study has found that a majority of Brits aged 50 and over are feeling ignored by financial services brands, despite spending more on these products than those under 50. Read More...

Adults spend more on mum than on dad

Updated: 19th June 2017 - First Published: 19th June 2017 After this weekend’s Father’s Day celebrations, you may be feeling pretty good about the attention you’ve just given your dad, but when you crunch the numbers, it turns out that dads get £367 less in gifts over the course of a year than mums. Read More...

App spending dangerous for your financial health

Updated: 16th June 2017 - First Published: 16th June 2017 Nearly one in three Brits say apps are having a negative impact on their personal finances, making it too easy to spend. As most people have their smartphone close to hand at all times, app-enabled purchasing can easily add up. Read More...

Consumers feel the squeeze as spending falls

Updated: 12th June 2017 - First Published: 12th June 2017 Inflation is rising and wages are falling, which could be taking a toll on your wallet. It’s not surprising, then, that consumer spending has fallen for the first time in nearly four years, as living costs eat into household budgets. Read More...

Moneyfacts announces 2017 award winners

Updated: 07th June 2017 - First Published: 07th June 2017 The winners of the 2017 Moneyfacts Awards were announced last night in the Pavilion at the Tower of London. Hundreds of industry professionals gathered at a special dinner hosted by comedian Joel Dommett, so who were triumphant? Read More...

One in seven Brits have started Christmas shopping

Updated: 02nd June 2017 - First Published: 02nd June 2017 It may seem like we’re barely getting a foothold on summer yet, but many Brits are seriously planning ahead, with research showing that 14% have already started their Christmas shopping – and they’ve spent an average of £1,689 each in the process! Read More...

2017 wedding season set to cost guests £27.5bn

Updated: 12th May 2017 - First Published: 12th May 2017 The wedding season is rapidly approaching, yet while many focus on the cost to the bride and groom, few think about the cost to the guests. Given that many people could have several weddings to attend this year, those costs could quickly escalate. Read More...

Star Wars superfans spend over £2k on the Force

Updated: 04th May 2017 - First Published: 04th May 2017 Being a true fan of a film franchise can be expensive at the best of times, but have you ever totted up how much you actually spend? Well, on International Star Wars Day, Barclaycard has done just that, finding that it adds up to £2,235! Read More...

The cost of keeping myths alive: £2,570

Updated: 28th April 2017 - First Published: 28th April 2017 New research reveals that parents are spending £2,570 per child on average to keep childhood myths such as the Tooth Fairy and the Easter Bunny alive. Some parents are even willing to go over budget to make sure their kids can continue believing. Read More...

Brits set to spend £13 billion over Easter

Updated: 07th April 2017 - First Published: 07th April 2017 The Easter bank holiday weekend is rapidly approaching, yet it could cost a lot to really make the most of those four blissful days - Brits are set to spend an average of £247 each over the Easter weekend, equating to £13bn across the UK. Read More...

Spring clean your finances for the new tax year

Updated: 29th March 2017 - First Published: 29th March 2017 There are now just eight days remaining until the new tax year, and taking the time to freshen up your financial health could mean you start 2017/18 with a clean slate. Think of it as a spring clean for your finances! Read More...

Moneyfacts Awards 2017 finalists announced

Updated: 22nd March 2017 - First Published: 22nd March 2017 The Moneyfacts Awards, which will take place on 6 June at the Tower of London, are the highlight of the personal finance calendar. The finalists have been announced, so if you need a new financial product, these could be the providers to look for! Read More...

Tax Allowances 2017/18 – what you need to know

Updated: 24th March 2017 - First Published: 20th March 2017 It’s almost the start of a new tax year, so read on for an overview of all tax allowances, brackets and thresholds for 2017/18, together with key payment dates and tax return deadlines, with the help of the Moneyfacts Tax Tables. Read More...

Chancellor U-turns on planned NIC hike

Updated: 16th March 2017 - First Published: 16th March 2017 You may remember from last week’s Budget that the Chancellor planned to raise Class 4 NICs for the self-employed, amid much uproar. Well, you’ll be pleased to hear that Philip Hammond has taken an almighty U-turn. Read More...

Are you spring-cleaning your finances?

Updated: 10th March 2017 - First Published: 10th March 2017 There are few people that look forward to and enjoy financial planning, but it is important to help your future self as best as you can. Indeed, recent research shows it is as popular as putting out the bins, but it’s also just as crucial. Read More...

Millions forced to cut back on food and heating

Updated: 01st March 2017 - First Published: 01st March 2017 We all know that it can be difficult to make ends meet from time to time, yet thanks to rising inflation and increasing cost, those on low incomes can face particular difficulty – so much so that many are forced to make worrying cutbacks. Read More...

The financial pitfalls of cohabiting

Updated: 20th February 2017 - First Published: 20th February 2017 It is increasingly common for couples to live together, even with children, without giving a second thought to marriage. Yet research shows that cohabitees are exposed to more financial risks than those who are married/in a civil partnership. Read More...

Untying the (financial) knot

Updated: 16th February 2017 - First Published: 16th February 2017 Getting coupled up and combining the finances is something that’s given plenty of thought, but less thought tends to be given to what would happen in the event of an uncoupling. As a result, untying the knot can have long-term financial consequences. Read More...

Do you trust your partner with your credit card?

Updated: 15th February 2017 - First Published: 15th February 2017 Love may have been in the air yesterday, but today, many people could be getting back to reality with a bump, particularly when it comes to their finances. Read More...

Pets are getting pampered this Valentine’s Day

Updated: 14th February 2017 - First Published: 14th February 2017 Valentine’s Day may be the time to treat that special someone in your life, but what about your four-legged loved ones? It seems that many will be pampering their pets, too, so some partners will have to share the spotlight. Read More...

Cutting it fine for Valentine’s?

Updated: 13th February 2017 - First Published: 13th February 2017 Have you got everything sorted for Valentine’s Day yet? If not, you could be paying the price, and we don’t just mean by risking the wrath of your other half… Read More...

Half-term fun on a budget

Updated: 13th February 2017 - First Published: 13th February 2017 Half-term is with us, and for many parents, that can only mean one thing – trying to keep the kids entertained, without spending a fortune in the process. Read More...

Valentine’s Day made sweeter by planning ahead

Updated: 07th February 2017 - First Published: 07th February 2017 Money isn’t typically the first thing couples think about as they prepare for Valentine’s Day, but it’s important to consider how gifts will be paid for. We’re here to help, with the latest tips and best deals to make the celebrations even sweeter. Read More...

27% of Brits feel negative about future finances

Updated: 02nd February 2017 - First Published: 02nd February 2017 Given predictions of rising inflation and increased household costs, it’s perhaps not surprising that 27% of Brits believe their financial situation will worsen this year, especially as the festive season has left 17% in average debt of £1,142. Read More...

Brits spend £1,000s every year to beat work blues

Updated: 03rd February 2017 - First Published: 02nd February 2017 Many of us are used to frittering away money when we’re away from the office, but it seems a lot of people spend when they’re at work, too, with research finding that the typical employee spends thousands every year to escape the at-work blues. Read More...

Rail fares increase by 2.3%

Updated: 01st February 2017 - First Published: 01st February 2017 Various organisations have predicted that the cost of living will increase in 2017, with household budgets set to become strained. The price of rail fares has already risen, making it all the more important for people to set strict budgets. Read More...

Financial jargon confusion could be costly

Updated: 31st January 2017 - First Published: 31st January 2017 Do you feel confused when financial jargon starts flying around? Have you ignored information from your bank or pension provider as a result? New research shows that this is not only common, but also potentially costly. Read More...

Monitoring your spending = key to better budgeting

Updated: 31st January 2017 - First Published: 31st January 2017 Many of us will have made “better budgeting” a top New Year’s resolution, but whether or not that resolve has stuck, it can’t be denied that budgeting really can be key to getting your finances in order – and being proactive is a vital component. Read More...

Moneyfacts Consumer Awards 2017 – winners revealed

Updated: 27th January 2017 - First Published: 26th January 2017 The winners of the Moneyfacts Consumer Awards 2017 were announced last night at an exclusive ceremony held at the Lancaster London Hotel. Hundreds of industry professionals gathered at the event to find out who would be crowned “best in class”. Read More...

Brits overspent on Christmas by £3.8bn

Updated: 23rd January 2017 - First Published: 23rd January 2017 The festive season has well and truly come to an end, and the January Blues have taken over. This has no doubt been partly brought on by excess spending over the Christmas period – and considering how much people overspent, it’s little wonder. Read More...

Have your financial habits changed?

Updated: 19th January 2017 - First Published: 19th January 2017 2016 was certainly a turbulent year, and it's had a notable impact on household finances. Indeed, research shows that recent events have influenced the way over half of UK respondents manage their finances, with many becoming more cautious. Read More...

Kids got £180 in pocket money in 2016

Updated: 19th January 2017 - First Published: 19th January 2017 New research has revealed that kids aged 4-14 received an average of £180.44 in pocket money over the last year, which was topped up by an additional £47 on average received in cash over the Christmas period. Read More...

How much could it cost to get fit in 2017?

Updated: 06th January 2017 - First Published: 06th January 2017 We’re almost a week into 2017, and hopefully, many of those New Year’s Resolutions are still going strong. Figures suggest that the most popular resolution is to achieve a healthier lifestyle, but just how much could that ambition set you back? Read More...

Over 1 million fall victim to online scams

Updated: 12th April 2017 - First Published: 04th January 2017 We all like to think that we’re pretty savvy when it comes to spotting financial fraudsters, yet the rise of online scammers means it can be all-too easy to be hoodwinked - and unfortunately, huge numbers are falling victim. Read More...

Financial New Year’s Resolutions

Updated: 03rd January 2017 - First Published: 03rd January 2017 It's that time of the year again: the presents have been unwrapped and the Christmas jumper folded away, and now all that's left is the hangover from the festivities. It's time to sit down and think hard about what you would like to change, and how. Read More...

Top tips to get in control of your finances

Updated: 03rd January 2017 - First Published: 30th December 2016 It can be all-too easy to overspend at Christmas, and many of us could be suffering with a bit of a financial hangover as a result. Hopefully, you’ve vowed to do something about it, so start by checking out our top tips... Read More...

Keep your head in the Christmas sales

Updated: 03rd January 2017 - First Published: 29th December 2016 Tumbling into the shops with your head still fuzzy from Christmas Day’s prosecco and a stomach full of cheese may not be the best condition to coolly analyse bargains and hold to a budget. Read More...

Don’t have a festive fallout

Updated: 23rd December 2016 - First Published: 23rd December 2016 Christmas is a time to be with friends and family, but unfortunately, being in such close proximity can often lead to a festive fallout or two – particularly when money is concerned. Read More...

Last-minute shoppers set to spend £894m

Updated: 19th December 2016 - First Published: 19th December 2016 It’s the final countdown to Christmas, and that means people up and down the country will be racing to the shops for those last-minute festive goodies – and they’re set to spend £894m on Friday alone. Read More...

Festive forgetfulness set to cost over £1.5bn

Updated: 14th December 2016 - First Published: 14th December 2016 Think you’re all set for Christmas? You could well have some last-minute shopping to do, and if you’ve forgotten that secret Santa or can’t remember where you stored those cut-price crackers, you may end up spending more than you bargained for. Read More...

77% of Christmas gifts unwanted

Updated: 09th December 2016 - First Published: 09th December 2016 Research from Policy Expert has revealed that while Brits spend an average of £424 on presents for friends and family, more than three quarters (77%) of these gifts may be unwanted. Read More...

New Year tips to improve children’s money skills

Updated: 08th December 2016 - First Published: 08th December 2016 How many have better budgeting as their New Year’s resolution? As with many things, these skills are best learned when young, so Lemonade Money has come up with some tips to help parents make their children more financially savvy. Read More...

Money worries lead to Christmas on credit

Updated: 07th December 2016 - First Published: 07th December 2016 Money worries are putting Christmas at risk for up to five million Brits, with 10% saying they regularly worry about money in the lead up to Christmas, and the same proportion feeling stressed about how much they are spending. Read More...

Would you spend more for a character property?

Updated: 05th December 2016 - First Published: 05th December 2016 We all have our own ideas of what makes a dream home, and for many, character features are at the top of the list. But how much more would you be willing to pay for those kinds of additions – and could they even help you save money in the future? Read More...

A quarter of Brits have fallen victim to a scam

Updated: 02nd December 2016 - First Published: 02nd December 2016 Think you know how to spot a scam? It may not be as easy as you’d think, with 25% of Brits admitting that they’ve been the victim of one in the past, and a further 73% are concerned about being scammed in the future. Read More...

Brits’ bad spending habits revealed

Updated: 02nd December 2016 - First Published: 02nd December 2016 Many of us like to think that we’re good with money, yet there are often things that get in the way of regular saving and financial security. Solution Loans has taken a look, and has identified the bad spending habits that leave us in the red. Read More...

Growing fears that inflation could impact wallets

Updated: 01st December 2016 - First Published: 01st December 2016 We’ve all heard reports that the cost of food and petrol could increase in the next few months, together with the threat of rising inflation, and it seems that these concerns are beginning to take their toll on the nation’s consumers. Read More...

49% of Brits overly cash-happy on payday

Updated: 30th November 2016 - First Published: 30th November 2016 Today marks the end of another month, and payday for many companies. Yet new research suggests that some Brits get a bit too happy spending their fresh cash on payday, with 49% making unnecessary purchases as soon as they get paid. Read More...

The Black Friday blowout has begun

Updated: 25th November 2016 - First Published: 25th November 2016 After what feels like weeks of build-up, it’s happened – Black Friday, which could potentially be the biggest shopping day of the year, is upon us. But just how much are people expected to spend on this bargain-fuelled blowout? In a nutshell – a lot. Read More...

Autumn Statement 2016 – what does it mean for you?

Updated: 24th November 2016 - First Published: 24th November 2016 Yesterday’s Autumn Statement was largely comprised of wider tax announcements and infrastructure initiatives, but there are a few measures that could impact your finances. We’ve taken a closer look at them, so you can get an idea of what to expect. Read More...

Tis the season… for financial fretting

Updated: 23rd November 2016 - First Published: 23rd November 2016 We may be approaching the festive season at a rapid pace, but unfortunately, many of us are feeling far from jolly – and concerns about the cost of the festivities are having a particular impact. Read More...

Nearly £27bn in Christmas gifts could be unwanted

Updated: 21st November 2016 - First Published: 21st November 2016 With festive spending expected to total a whopping £73 billion this year, bold Brits have admitted they plan on returning nearly half of their takings. Are you planning to return gifts that aren’t on your wish list? Read More...

Brits set to spend £1.96bn on Black Friday

Updated: 18th November 2016 - First Published: 17th November 2016 Black Friday is taking the nation by storm, and we’re still a week away from it! Many retailers are starting their sales early, and consumers are poised to take advantage, with research finding that shoppers are set to spend billions on that one day. Read More...

Generous grandparents to spend £1.4bn at Christmas

Updated: 16th November 2016 - First Published: 16th November 2016 Grandparents are known for spoiling their grandkids at any time of year, but Christmas is a time when they really excel, so much so that they’re planning to spend a collective £1.4bn this festive season on spoiling their little cherubs. Read More...

Just 40% of young people financially prepared

Updated: 15th November 2016 - First Published: 15th November 2016 New findings from the Money Advice Service have revealed that less than half of seven to 17-year-olds receive financial education, meaning that as much as 60% of young people may be unprepared for financial independence. Read More...

11.6m still paying off last Christmas

Updated: 14th November 2016 - First Published: 14th November 2016 Christmas is fast approaching, and with it comes the concern of how you’ll pay for it. While some can be smug that they’ve planned ahead, others will turn to credit – and a particularly unfortunate few are still battling with payments from last year. Read More...

Black Friday set to curb festive spending

Updated: 11th November 2016 - First Published: 11th November 2016 We’re now just two weeks away from one of the biggest shopping days of the year, with retailers already gearing up for the mass of Black Friday shoppers. But, while spending will ramp up on the day, it could curb spending for the rest of the season. Read More...

Are you holding out for inheritance?

Updated: 11th November 2016 - First Published: 11th November 2016 Many people view a future inheritance as key to their retirement planning, and will often rely on this income boost in later life. But what if your expectations don’t match up to those of your parents? A difficult conversation could ensue… Read More...

Sneaky spending habits kept from loved ones

Updated: 10th November 2016 - First Published: 10th November 2016 Honesty is always the best policy, right? Well, for some people, the mantra doesn’t always hold true, with research finding that one in three Brits have secret spending habits that they keep from their loved ones. Read More...

Tooth fairy inflation at 8%

Updated: 09th November 2016 - First Published: 09th November 2016 We are happy to report that the tooth fairy is being more generous this year. A study by SunLife found that on average, the tooth fairy now leaves £1.42 under children’s pillows – an 8% increase on last year’s average of £1.31. Read More...

Moneyfacts Consumer Survey: Have you had your say

Updated: 07th November 2016 - First Published: 07th November 2016 The Moneyfacts Consumer Survey has been open for five weeks, and in that time some 70,000 people have voiced their opinions on the financial products and services that have impressed (or otherwise). Have you had your say yet? You could win £1,000... Read More...

Are you taking advantage of Black Friday?

Updated: 04th November 2016 - First Published: 04th November 2016 Today marks three weeks until Black Friday, an originally American event that has caught the imagination, and wallets, of UK shoppers as 49% are eagerly awaiting the chance to buy their big ticket items at a discount. Read More...

Household bills add up to £678/month

Updated: 02nd November 2016 - First Published: 02nd November 2016 Paying for essentials can take up a fair chunk of household income, and unfortunately, it looks like bills are continuing to increase, with figures finding that the typical household now has to find £678 per month to pay for essentials. Read More...

It’s good to talk (about money issues)

Updated: 26th October 2016 - First Published: 26th October 2016 They say that it’s good to talk, yet it seems there are some subjects that people are just too embarrassed to discuss. Money is definitely one of them, yet failing to talk could make those issues far more stressful than they need to be. Read More...

Give your finances a pre-Christmas health check

Updated: 25th October 2016 - First Published: 25th October 2016 The festive season is rapidly approaching, and with it comes thoughts of how you’re going to fund the whole thing. It’s important to be on the ball, and giving your finances a pre-Christmas health check could be one of the best things you do. Read More...

Parents to spend £552 on children this half term

Updated: 18th October 2016 - First Published: 18th October 2016 Autumn has truly arrived – and half term with it. This looks to be bad news for parents’ wallets, as research from American Express shows they will be spending an average of £276 per child this holiday break. Read More...

Are you still funding your children’s lifestyle?

Updated: 17th October 2016 - First Published: 17th October 2016 While many parents like to provide financial support to their children while they grow up, often helping out with things like weddings, cars and university fees, others find that they fund more of their children’s lifestyle than they’d like. Read More...

Household spending on Christmas drops again

Updated: 14th October 2016 - First Published: 14th October 2016 Brace yourselves: tomorrow we’ll be just 70 days away from Christmas. As 39% of Brits have already started their holiday shopping, research has found that household spending on Christmas has fallen for the second year in a row. Read More...

Tenants’ budgets could become further stretched

Updated: 13th October 2016 - First Published: 13th October 2016 If you’re a tenant, you’re probably already feeling the pressure of sky-high rent costs. Unfortunately, it doesn’t look as though that pressure will ease any time soon, with many landlords expecting to hike up rents in the months to come. Read More...

Millennials "live for today"

Updated: 10th October 2016 - First Published: 10th October 2016 Saving for the future is something that people of all ages need to be getting into the habit of, but unfortunately, it seems that not everyone is taking it seriously, with the younger generation in particular having a “live for today” mentality. Read More...

Cost of renting continues to rise

Updated: 07th October 2016 - First Published: 07th October 2016 Generation Rent may be used to high living costs, but unfortunately, those costs look set to rise even further, with new figures showing that average rents continue to edge up – particularly for smaller properties. Read More...

How far would you go for a bargain?

Updated: 05th October 2016 - First Published: 05th October 2016 We’ve become a nation of bargain hunters, and with good reason – who doesn’t love to save a few pounds here and there? It’s a core part of money management and can help keep budgets in check, and the rise of online shopping is fuelling the fire. Read More...

The new Moneyfacts Consumer Survey is now open!

Updated: 03rd October 2016 - First Published: 03rd October 2016 The latest Moneyfacts Consumer Survey is here to give you a chance to have your say about the financial services and products that you are familiar with. And you could win £1,000 by taking part! Read More...

30-year-olds have half the wealth of 40-year-olds

Updated: 30th September 2016 - First Published: 30th September 2016 As many people born in the early ‘80s may know all too well, new findings from the Institute for Fiscal Studies (IFS) have revealed that these early 30-year-olds now have only half the median net household wealth as people born in the ‘70s. Read More...

How confident are you about your future finances?

Updated: 29th September 2016 - First Published: 29th September 2016 The last few months have been turbulent to say the least, but now that the dust is beginning to settle, it’s a good time to take stock and see how your finances are looking and prepare for their future. Read More...

Would you ditch your phone to save some cash?

Updated: 28th September 2016 - First Published: 28th September 2016 We could all do with saving a bit of extra cash, yet if money was really tight, what would you do to balance the books? Cutting down on luxuries would be a good place to start, yet many people would rather give up food than their mobile phone. Read More...

The true cost of happy birthdays

Updated: 26th September 2016 - First Published: 26th September 2016 We are all keen to help our friends and loved ones have the happiest of birthdays, but this can come at a cost. Research from American Express has revealed that Brits spend an average of £857 per year on celebrating others’ birthdays. Read More...

When do children financially grow up?

Updated: 21st September 2016 - First Published: 20th September 2016 As great as it is to watch your children grow up, there comes a point when you are ready for them to stop having to depend on you financially. However, new research reveals that parents expect this to happen when their child turns 29. Read More...

Cash no longer king

Updated: 20th September 2016 - First Published: 19th September 2016 Research from Paym has revealed that people are carrying less cash than they used to, with the national average standing at £22 per pocket. This is far below the £52 that people on average need to pay back their friends and families. Read More...

How to clear your holiday debt

Updated: 19th September 2016 - First Published: 19th September 2016 Now that the summer holiday season is at an end, many people could be anxiously waiting for their credit card statement to arrive. If you’ve overspent, fear not – there are things you can do to minimise the damage and get your spending back on track. Read More...

100-day countdown to Christmas

Updated: 16th September 2016 - First Published: 16th September 2016 Today marks 100 days to Christmas. The countdown has begun, at least for some. Research from TopCashback.co.uk reveals that 72% of consumers admit to getting distracted and not achieving what they want from Christmas shopping trips. Read More...

Cost of living key concern post-Brexit

Updated: 14th September 2016 - First Published: 14th September 2016 While money concerns often weigh heavily on people’s minds, those concerns could well have become even more pressing following the EU referendum. Read More...

Financial support runs in the family

Updated: 09th September 2016 - First Published: 09th September 2016 We’re all familiar with the Bank of Mum and Dad, but recent research by OneFamily shows that they’re not the only ones in the family providing financial support, with 68% of British adults supporting their families financially in one way or another. Read More...

How to recover from summer spending

Updated: 07th September 2016 - First Published: 07th September 2016 As the summer holidays come to an end, the children are heading back to school and we are all returning to our regular routines, it is time to take stock of our holiday spending and pay the bills. We've assembled some tips to help you on your way. Read More...

Does your home breach the inheritance tax limit?

Updated: 07th September 2016 - First Published: 07th September 2016 At one time, inheritance tax (IHT) was something only the wealthy needed to think about. Now, thanks to rising house prices, more people are being caught out, with the number of properties breaching the IHT threshold set to hit a new high. Read More...

Average Brit boasts £426 in disposable income

Updated: 02nd September 2016 - First Published: 02nd September 2016 We may be living in uncertain times, but new research from VoucherCodes.co.uk reveals that the typical Brit still has a healthy level of disposable income, with the average amount of money left after paying essentials standing at £426. Read More...

The midlife financial crisis

Updated: 31st August 2016 - First Published: 31st August 2016 We all like to think we’ll have a comfortable retirement, yet more and more people are realising that this ideal may not be that easy to achieve. Read More...

How to give your bank balance a boost

Updated: 30th August 2016 - First Published: 30th August 2016 Whether you’re facing a summer spending bill of epic proportions or simply want to reign things in, it’s always good to be able to cut your bills down to size. Read on for some great ways to give your bank balance a boost. Read More...

Summer spending bills set to bite

Updated: 30th August 2016 - First Published: 30th August 2016 The summer holidays are almost at an end, but unfortunately, many parents could find that their financial headache is only just beginning. Are you ready to foot the bill from a summer of fun? Read More...

Is the heat making you lose money as well as sleep

Updated: 15th August 2016 - First Published: 15th August 2016 The heat may be a welcome signal of summer, but it can sometimes get a bit too much – research has found that many people find it difficult to sleep and even concentrate during the summer months, and often end up spending more as a result. Read More...

Family income and savings on the rise

Updated: 15th August 2016 - First Published: 11th August 2016 The financial outlook of the UK’s families has improved over the past year, after new research revealed that rising incomes and savings habits have put both measures at their highest point since 2010. Read More...

Football finance deals shown red card

Updated: 08th August 2016 - First Published: 08th August 2016 Football fans be warned; the savings accounts and credit cards on offer bearing your club’s crest may not be the best choice available. Read More...

Peer pressure could be costing you £865/yr

Updated: 08th August 2016 - First Published: 05th August 2016 Think of peer pressure and you’ll probably think back to your teenage years, or perhaps the more grown-up phenomenon of “keeping up with the Joneses”. But did you know that it can affect your bank balance as parents, too? Read More...

Base rate cut to 0.25% - what does it mean for you

Updated: 04th August 2016 - First Published: 04th August 2016 In a move that was widely predicted, the Bank of England has decided to cut interest rates from 0.50% to 0.25%. Not only is this a new low, but it marks the first base rate change in over seven years - but what does it mean for you? We take a look. Read More...

Don’t let uni jeopardise your home-buying chances

Updated: 02nd August 2016 - First Published: 02nd August 2016 Going to university can be a rite of passage, and for many, it offers life experience as much as a degree. However, all that experience can come at a price, and if you don’t manage your finances effectively, it could have long-term consequences. Read More...

Consumers more in touch with their spending habits

Updated: 25th July 2016 - First Published: 25th July 2016 New research from Nationwide has shown that consumers have never been more in touch with their spending habits, as thanks to technological advancements in the banking sector, people are checking their bank balance more than ever before. Read More...

Do financial matters get pushed down the list?

Updated: 22nd July 2016 - First Published: 22nd July 2016 Many of us have tasks that we keep trying to avoid, and financial planning is definitely one of them. In fact, Standard Life has taken a closer look, and after things like cleaning and DIY, financial matters are definitely put on the backburner. Read More...

Are you “cash happy”?

Updated: 14th July 2016 - First Published: 14th July 2016 How much cash do you have left over to spend once all the bills and essentials have been paid for? Or, perhaps more importantly, how much do you need to feel “cash happy”? Read More...

£640: the true cost of the summer holidays

Updated: 12th July 2016 - First Published: 12th July 2016 Schools across the UK are set to break up for summer in the next few weeks, and parents are bracing themselves for the costs that could ensue, as all those summer activities and treats could add up to a pretty penny. Read More...

Consumer confidence takes a massive hit

Updated: 08th July 2016 - First Published: 08th July 2016 How confident are you feeling about the state of your finances? Unfortunately, it could have taken a knock recently, with latest research finding that consumer sentiment has plummeted since the referendum result was announced. Read More...

Heading to a wedding? It’ll cost a week’s salary…

Updated: 08th July 2016 - First Published: 08th July 2016 Wedding season is very much upon us, but just how much will you be spending on attending all those nuptials? It could set you back more than you think... Read More...

The “wedding tax” and how to avoid it

Updated: 29th June 2016 - First Published: 29th June 2016 If you’re planning a wedding, you’ll know how expensive it can be. From the venue and food to entertainment, photography and all those little extras, it can all add up – but you could be paying even more thanks to the “wedding tax” of the big day. Read More...

Consumer spending continues to fall

Updated: 29th June 2016 - First Published: 29th June 2016 We all know how difficult it can sometimes be to make ends meet, but hopefully, people could be enjoying a bit more cash in their pockets, with research from Lloyds Bank finding that spending on essentials fell further in May. Read More...

How much will your wedding set you back?

Updated: 23rd June 2016 - First Published: 22nd June 2016 Your wedding day will be one of the most memorable days of your life, but it can also be one of the most expensive. Estimates as to the cost of a big day vary wildly, but Ocean Finance has taken a closer look – and it typically clocks in at £8,000. Read More...

Could technology replace cash?

Updated: 21st June 2016 - First Published: 21st June 2016 Cash may still be king at the moment, but there could come a time when that’s no longer the case. Not only has it been predicted that cards will overtake cash in the next few years, but technology could soon replace cash completely… Read More...

Do you play up politeness when borrowing money?

Updated: 13th June 2016 - First Published: 10th June 2016 We all find ourselves in situations when we need to borrow money from time to time, but how do you feel in those situations? While some people are genuinely grateful, others are more blasé, and many play the politeness card to maintain relationships. Read More...

The financial wellness gender gap

Updated: 08th June 2016 - First Published: 08th June 2016 The gender gap is regularly highlighted in everything from pay to pension pots, but did you know that there’s a gender gap in terms of financial wellbeing too? Read More...

Consumers have more disposable income

Updated: 08th June 2016 - First Published: 08th June 2016 Wouldn’t it be nice to have more money in your pocket at the end of the month? Well, it looks as though many people are able to enjoy just that, with new research finding that their level of disposable income has actually increased. Read More...

Moneyfacts Awards 2016 – the winners revealed!

Updated: 08th June 2016 - First Published: 08th June 2016 The winners of the 2016 Moneyfacts Awards were announced last night at an exclusive event held in the Pavilion at the Tower of London. Read More...

Consumer spending on the up – but so is debt

Updated: 07th June 2016 - First Published: 07th June 2016 Consumer spending tends to be a reliable indicator of the health of people’s wallets, and happily, figures show that it's on the rise. But, all may not be as it seems, because although spending is on the up, debt has seen a worrying uplift, too. Read More...

How to choose the right financial products

Updated: 01st June 2016 - First Published: 01st June 2016 Choosing financial products can be a tricky thing, but it’s also vital that you make the right decisions. Your finances are on the line, after all, so you need to make sure you choose wisely. But just how can you do that? We’ve got a few ideas… Read More...

Have you used your mobile to pay yet?

Updated: 27th May 2016 - First Published: 27th May 2016 It seems as though more and more of us are taking advantage of the speed and ease of payments made via our mobile phones. And thanks to the launch of Android Pay, even more of us will now be able to jump on the contactless mobile bandwagon. Read More...

What’s your biggest financial worry?

Updated: 27th May 2016 - First Published: 27th May 2016 Money worries can weigh heavily on people’s minds. For some it may be something as simple – and vital – as making ends meet, but on a long-term basis, it seems as though the biggest financial worry is that savings won’t be enough for retirement. Read More...

Renters suffer with poor financial wellness

Updated: 23rd May 2016 - First Published: 20th May 2016 Financial wellness embodies many things, but essentially it boils down to being able to pay all your bills, avoid debt and have some money left over. However, it seems that the financial wellness of those who rent may be suffering. Read More...

Bank of Mum & Dad under financial pressure

Updated: 19th May 2016 - First Published: 19th May 2016 The Bank of Mum & Dad is often called upon by children who have flown the nest, but unfortunately, research from Experian has found that many parents have been struggling as a result. Read More...

Do you actively try to avoid financial planning?

Updated: 17th May 2016 - First Published: 16th May 2016 We all know that planning for our financial future should be a top priority, but it’s one of those things that often gets pushed towards the bottom of the to-do list. In fact, many of us actively try to avoid such things, as new research shows. Read More...

Watch out for internet fraud

Updated: 16th May 2016 - First Published: 13th May 2016 Staying vigilant for potential fraud while online can be tricky, especially as fraudsters are becoming ever more sophisticated. However, it seems that many people are failing to do all they can to protect themselves and their money while online. Read More...

Is music more important than your finances?

Updated: 12th May 2016 - First Published: 12th May 2016 We all lead busy lives, so it’s unsurprising that we prioritise things in order to make our lives easier. However, this can mean important things like organising your finances get pushed to the bottom of that unwieldy ‘to-do’ list. Read More...

How much do you spend on special occasions?

Updated: 29th April 2016 - First Published: 29th April 2016 We all like to splash out a bit on loved ones when marking a special occasion, but just how much to do you spend? Well, according to research from American Express, it could all depend on how long you’ve been with your other half. Read More...

Brits fail to shop around

Updated: 12th April 2016 - First Published: 12th April 2016 Do you shop around to find the best deals? If not, you could be missing out, with research finding that consumers could be throwing away hundreds of pounds every single year by failing to switch provider – even if they know it could save them money. Read More...

Could you benefit from investment advice?

Updated: 11th April 2016 - First Published: 07th April 2016 Financial advice is something that far too few people appear happy to pay for, with most thinking it’s unnecessary or too expensive – particularly for those with a relatively small amount to invest. But could you benefit? Read More...

Spring clean your finances

Updated: 29th March 2016 - First Published: 29th March 2016 March is often the time when people start to spring clean their homes in preparation for the rest of the year, but with only eight days remaining until the new tax year, it may also be a good time to freshen up your finances. Read More...

Watch out for wasted subscriptions!

Updated: 24th March 2016 - First Published: 24th March 2016 How much do you spend on subscriptions every month? Or, perhaps more importantly, how many of those subscriptions do you actually use? Thanks to novelty and long-forgotten memberships, we’re shelling out more than ever... Read More...

2016 Moneyfacts Awards finalists announced

Updated: 21st March 2016 - First Published: 21st March 2016 The 2016 Moneyfacts Awards are to be presented at an evening summer party on 7 June in the Pavilion at the Tower of London, and we’ve just announced the finalists for this prestigious event. Read More...

How much will your home’s spring makeover cost?

Updated: 21st March 2016 - First Published: 21st March 2016 Spring has officially sprung, and with it comes thoughts of spring cleaning and fresh starts – and many see it as an ideal time to give their home a makeover. The question is, just how much are you planning to spend on this interior revival? Read More...

Warning: financial fraud is on the rise

Updated: 18th March 2016 - First Published: 18th March 2016 Many of us think that we couldn’t possibly be scammed by fraudsters, but unfortunately, with technology often playing a vital role, it may not be as easy to spot as you may think – and financial fraud is on the rise as a result. Read More...

What’s your biggest financial fear?

Updated: 10th March 2016 - First Published: 10th March 2016 Many of us have niggling money concerns from time to time, but there are some that turn into all-out nightmares, and these can be harder to keep in check. Read More...

Consumers still cautious when it comes to finances

Updated: 09th March 2016 - First Published: 09th March 2016 Despite several positive economic indicators, it seems that consumers are still cautious about their finances, with research showing that the majority feel no better about it than they did a year ago, and some are even feeling less confident. Read More...

What has 7yrs of low rates done for your finances?

Updated: 15th March 2016 - First Published: 03rd March 2016 This coming Saturday, 5 March, marks the seventh anniversary of base rate being cut to its record low of 0.5%. But just what has seven years of record low rates done for your finances? Hargreaves Lansdown has taken a look. Read More...

Cash is still king

Updated: 15th March 2016 - First Published: 02nd March 2016 All the talk of the rise in contactless and credit card spending may lead you to believe that cash is dead, but the figures show that cash withdrawals actually hit a record high last year. Read More...

Are you too embarrassed to haggle?

Updated: 25th February 2016 - First Published: 25th February 2016 We’re often told that the key to securing the best deal on anything from broadband packages to insurance policies is to haggle, but unfortunately, the subtle art of negotiation is something that many of us don’t feel comfortable indulging in. Read More...

Half of UK households are “financially fragile”

Updated: 24th February 2016 - First Published: 24th February 2016 Being financially secure is as much about being prepared for the unexpected as it is being able to cover daily expenses, but a worrying number of people couldn't cope with an unexpected bill, with many being “financially fragile”. Read More...

Could your smartphone save you money?

Updated: 18th February 2016 - First Published: 18th February 2016 We’ve come to rely on our smartphones for everything from communication to financial management, and often help us organise our day-to-day lives more effectively. But could your smartphone actually save you money? Read More...

Could you save money by shopping around?

Updated: 15th March 2016 - First Published: 16th February 2016 If your finances could benefit from a once-over, there’s one thing you need to do – shop around! It could be the key to saving you huge amounts of money, because if you don’t know what's out there, how can you be sure you’re getting the best deal? Read More...

Valentine’s Day spending set to top £431m

Updated: 10th February 2016 - First Published: 10th February 2016 Valentine’s Day is a chance to spoil your loved ones and let them know how much you care, but many could be spending serious amounts of cash in the process. Read More...

Are you pinning your hopes on an inheritance?

Updated: 13th April 2017 - First Published: 05th February 2016 Are you hoping to receive an inheritance at some point in the future? If so, how much are you expecting? According to research from VouchedFor, you could be drastically overestimating the amount you’ll get… Read More...

Growth in consumer spending power

Updated: 28th January 2016 - First Published: 28th January 2016 The general consensus has been that consumer spending power improved in the last year, driven by a combination of low inflation and wage growth, and new figures from Lloyds Bank confirm the extent of the improvement. Read More...

Could you save money on your household bills?

Updated: 26th January 2016 - First Published: 26th January 2016 How much do you spend on your household bills? New research has revealed that a third of respondents could actually be saving money on their bills – but that they’re missing out by never shopping around. Read More...

Households underestimate bills by £39bn

Updated: 25th January 2016 - First Published: 25th January 2016 Do you know how much your annual bills add up to? While many of us like to think that we stick to a budget and know exactly where our money goes, research suggests that many of us could be drastically underestimating the cost of our bills. Read More...

Consumer Moneyfacts award winners announced

Updated: 12th April 2017 - First Published: 22nd January 2016 The winners of the 2016 Consumer Moneyfacts Awards were announced last night at an exclusive ceremony held at the Jumeirah Carlton Hotel in London. Read More...

SCAM ALERT: spoof text messages are on the rise

Updated: 28th June 2017 - First Published: 15th January 2016 Financial Fraud Action UK has reported a rising trend in spoof text messages, and is urging consumers to be on their guard. Read More...

Brits spend £1,700 per year treating themselves

Updated: 15th January 2016 - First Published: 15th January 2016 When do you let yourself have a little treat? Whatever the reason, we all like to enjoy a bit of self-indulgence every now and then, and TopCashback.co.uk has delved a little deeper into the behaviour – and spending habits – of treat-hungry Brits… Read More...

Disposable income expected to rise this year

Updated: 13th January 2016 - First Published: 13th January 2016 How confident do you feel in your finances? Hopefully, you’re starting 2016 with a spring in your step, with research finding that a growing number of consumers are feeling positive – and many are expecting disposable income to rise as a result. Read More...

Consumers are planning a “lifestyle upgrade”

Updated: 12th January 2016 - First Published: 12th January 2016 Latest research from Barclaycard has revealed that a growing number of consumers are feeling confident when it comes to their finances – and many are planning on upgrading their lifestyles as a result. Read More...

Give your finances a January detox

Updated: 23rd August 2017 - First Published: 12th January 2016 So, 2016 is now in full swing. Have your resolutions started to slip yet? Chances are the resolve is beginning to wane for many, but there’s one kind of January detox that you shouldn’t turn your back on – the financial one. Read More...

Over half of a Londoner’s income goes on housing

Updated: 07th January 2016 - First Published: 07th January 2016 How much of your income has to go towards housing every month? The answer probably depends on your location, with research finding that a whopping 430,000 households in London spend more than half their income on housing costs. Read More...

Would you value financial education?

Updated: 06th January 2016 - First Published: 06th January 2016 For many people, money management is a skill that’s tricky to grasp. The lack of formal education on the matter means that many will enter adulthood with little understanding of finances – and many would have welcomed proper tuition as a result. Read More...

What are your financial regrets?

Updated: 04th January 2016 - First Published: 04th January 2016 Many people view the start of a new year as a chance to take stock of their finances, but while some are full of motivation for the year ahead, others have a few financial regrets – so it could be a good opportunity to learn from them. Read More...

5 steps to get debt-free in 2016

Updated: 20th December 2016 - First Published: 31st December 2015 Dragging debt over into a new year can be dispiriting, especially if you have recently added to that debt with an over-indulgent Christmas. Read More...

Brits to splash out £7.6bn in the sales

Updated: 23rd December 2015 - First Published: 23rd December 2015 Christmas may not even be with us yet, but many people are already thinking about the post-Christmas sales – and they’re planning to spend huge amounts of cash on the whole thing… Read More...

Will you go over-budget this Christmas?

Updated: 23rd December 2015 - First Published: 23rd December 2015 It’s easy to overspend at this time of year, what with those last-minute gifts that you just have to get, and all that food looking far too tempting to resist. Hopefully you’ll be using savings to cover most of it, but what if you blow the budget? Read More...

Consumer confidence gets another boost

Updated: 21st December 2015 - First Published: 21st December 2015 How confident do you feel about the state of your finances? If you’re anything like the respondents to Lloyds’ latest survey, your confidence is hopefully on the up, with attitudes towards financial and employment situations improving. Read More...

Grandparents splash the cash this Christmas

Updated: 21st December 2015 - First Published: 21st December 2015 Christmas is always a time to indulge in treats for your loved ones, and it seems that this year is no exception. Indeed, research by MBNA has found that grandparents will be particularly generous towards their grandchildren this Christmas. Read More...

Ready for the Christmas sales? It could cost £533…

Updated: 17th December 2015 - First Published: 17th December 2015 Christmas may not even be here yet, but that doesn’t stop people racing to get started on their sales shopping. In fact, research shows that this week marks the start of sales shopping for many, but the cost could be eye-watering. Read More...

The financial secrets of couples

Updated: 14th December 2015 - First Published: 14th December 2015 Are you completely honest with your partner when it comes to your finances? If you’re anything like the respondents to Prudential’s latest survey, you may not be, with huge numbers of people hiding financial matters from their partners. Read More...

How much will you spend this Christmas?

Updated: 10th December 2015 - First Published: 10th December 2015 Many of us are stuck in the midst of a Christmas shopping frenzy – bar those organised few who finished the festive shop back in November – but just how much do you think you’ll end up spending? Read More...

Over-55s spend more on life’s little luxuries

Updated: 09th December 2015 - First Published: 09th December 2015 While some may worry about how they’ll be able to afford things in later life, it seems that much of this anxiety could be misplaced, as the over-55s are actually spending more on non-essential items than they have done in years! Read More...

Watch out for hidden fees!

Updated: 06th June 2017 - First Published: 08th December 2015 You may be strict when it comes to your spending, but even the most budget-conscious of us can be caught out when it comes to hidden fees... Read More...

The UK’s Christmas shopping habits revealed

Updated: 07th August 2017 - First Published: 03rd December 2015 The Christmas shopping season is in full swing, but while some are still scouring the shelves, others have already ticked everyone off the list. However, some haven’t even started yet, and many people fall into this “panic buying” category… Read More...

Beware: online scams could cost £170/yr

Updated: 03rd December 2015 - First Published: 03rd December 2015 Have you ever fallen victim to an online scam? It’s actually more common than you may think, with research from VoucherCodesPro finding that over half (54%) of respondents have fallen victim in the last year alone, at an average cost of £170. Read More...

The Black Friday frenzy: did you love or loathe it

Updated: 02nd December 2015 - First Published: 01st December 2015 Black Friday has divided the nation, as while some people were happy to grab a bargain, others steadfastly refused to get involved. On the plus side, the whole thing seemed to be a lot more civilised than last year, but did you love it or loathe it? Read More...

Disposable incomes fall year-on-year

Updated: 02nd December 2015 - First Published: 30th November 2015 Once all the bills have been paid and essential outgoings accounted for, just how much money do you have to last you until the end of the month? According to research, it could be less than you had a year ago... Read More...

Have you snapped up a bargain?

Updated: 27th November 2015 - First Published: 27th November 2015 Black Friday is in full swing, Cyber Monday will quickly follow suit, and the nation will be gripped in a Christmas shopping frenzy for the whole weekend. So, have you snapped up a bargain, and if so, just what can you do to make the most of things? Read More...

What does the Autumn Statement 2015 mean for you?

Updated: 26th November 2015 - First Published: 26th November 2015 Whether you’re a pensioner, an investor or even a motorist, chances are there were a few things that made you sit up and take notice during yesterday’s Autumn Statement. We thought we’d take a look at just what the policy changes could mean for you. Read More...

The rise of online shopping – and how to stay safe

Updated: 25th November 2015 - First Published: 25th November 2015 Online shopping is becoming increasingly prevalent, but this means that the possibility of cyber security issues are rising just as much, which reinforces the need for consumers to be extra vigilant when shopping online. Read More...

Could you cope with a drop in income?

Updated: 15th May 2017 - First Published: 19th November 2015 Coping with a reduced income is something that no-one wants to go through, and unfortunately, research suggests that even a slight drop could have a disastrous effect, with a loss of just £100 a month potentially pushing many people in to debt. Read More...

Consumers set to spend billions on Black Friday

Updated: 16th November 2015 - First Published: 16th November 2015 Black Friday and Cyber Monday may be relatively recent UK phenomenons, but they’ve transformed the way many of us shop for Christmas as we try to snap up a festive bargain – and figures suggest that we’ll spend billions in the process. Read More...

What does financial freedom mean to you?

Updated: 13th November 2017 - First Published: 12th November 2015 When you think of financial freedom, what springs to mind? Surprisingly, things like having exotic holidays and paying off the mortgage in full may not be that high on the list of priorities; instead, many people have far more modest desires… Read More...

How to cut costs ahead of Christmas

Updated: 12th November 2015 - First Published: 12th November 2015 The countdown to Christmas has well and truly begun, but don’t let it get your finances in a spin: if you’ve started worrying about how you’ll cover the cost, we’ve compiled a few top tips to help you reduce your bills and save a bit of extra cash. Read More...

Women are savvy festive savers

Updated: 05th November 2015 - First Published: 05th November 2015 The countdown to Christmas has already begun in earnest, and while some of us are burying our heads in the sand, others have been planning their festive spending. And according to American Express, women are leagues ahead. Read More...

Can you cover Christmas with cashback?

Updated: 16th November 2015 - First Published: 02nd November 2015 For many of us Christmas is a costly affair, with decorations, food and presents all taking a toll on our carefully managed budgets. But what if you could cover some of the expense with cashback? Well, according to research by Moneyfacts, you can! Read More...

Brits lose track of over £150 per month

Updated: 30th October 2015 - First Published: 30th October 2015 No matter how hard we try to stick to a budget, it can sometimes be difficult to keep track of where all our money goes. It’s those small, unexpected purchases that can often do it, with the average Brit losing track of more than £150 a month Read More...

How much do you spend on shortcuts?

Updated: 22nd October 2015 - First Published: 22nd October 2015 The modern day Brit has a lot of demands on their time, so it’s no wonder that more of us are splashing the cash on shortcuts. However, all these treats can cost a pretty penny, so is it time for you to go back to basics? Read More...

Cost of Christmas set to be the lowest since 2012

Updated: 20th October 2015 - First Published: 20th October 2015 If you’re worrying about the cost of Christmas, fear not – the average cost is set to be at its lowest since 2012, so hopefully, you’ll be spending less than you have in years! Read More...

What stops you from getting financial advice?

Updated: 15th October 2015 - First Published: 15th October 2015 We all know that we should really seek financial advice, particularly if we’re saving for retirement, but relatively few actually take the plunge and speak to an adviser. So what’s stopping you? According to research, a lot of it comes down to cost. Read More...

“Home envy” on the rise

Updated: 09th June 2017 - First Published: 14th October 2015 Do you ever walk into a friend’s house and feel instant envy? Whether it’s their beautiful kitchen, decorating skills or even that brand new TV, many of us can feel pangs of jealousy. But do you take action to get that kind of home for yourself? Read More...

How to save money in the run-up to Christmas

Updated: 29th August 2017 - First Published: 07th October 2015 We hate to say it, but Christmas is rapidly approaching, and that means you’ll probably want to start thinking about how you’ll afford it. The cost of all that shopping can soon ramp up, but there are things you can do to keep costs in check. Read More...

The new Consumer Moneyfacts Survey is now open!

Updated: 04th October 2017 - First Published: 05th October 2015 The Consumer Moneyfacts Survey gives financial services customers the chance to have their say about the services and products available to them, and the latest survey opens today. Want to get involved? You could win £1,000 if you do…! Read More...

When’s the best time to start teaching about money

Updated: 06th June 2017 - First Published: 02nd October 2015 The importance of effective money management can never be underestimated, and learning the necessary skills from a young age can set you up on the path to lifelong financial security. But just when should children start being taught about money? Read More...

The new Consumer Rights Act comes into force

Updated: 01st October 2015 - First Published: 01st October 2015 Today marks the biggest shake up to consumer rights law in decades, with the new Consumer Rights Act 2015 officially coming into force. But what does it mean for you? We take a closer look. Read More...

The true cost of independence

Updated: 28th September 2015 - First Published: 28th September 2015 Moving out of the family home can be an exciting yet daunting prospect, not only because it’s the first time that most will have had to look after themselves, but also for the financial implications of making it on their own. Read More...

Savvy spenders are planning ahead for Christmas

Updated: 24th September 2015 - First Published: 24th September 2015 We don’t want to scare you too much, but we thought we’d better prepare you – there are now less than 100 days to go until the main event, and although that may seem ages away, some savvy spenders are already planning ahead… Read More...

How much money would make you happy?

Updated: 20th September 2017 - First Published: 10th September 2015 They say that money doesn’t buy you happiness, but for some people, that may not be strictly true. In fact, research shows that reaching a certain level of financial stability can make people very happy indeed, with £50,000 being the sweet spot. Read More...

Simple ways to reduce your spending

Updated: 14th September 2015 - First Published: 09th September 2015 It can be easy to overspend sometimes. Bills can increase unexpectedly and all those small purchases throughout the month can soon add up, so we thought we’d outline a few simple ways that you can cut costs and reduce your spending. Read More...

Don’t underestimate your moving costs

Updated: 03rd September 2015 - First Published: 03rd September 2015 Moving home can be an expensive business, but unfortunately, many people underestimate how pricey it can actually be – and that could mean you end up paying far more than you bargained for. Read More...

Use your overdraft? It could cost £13K in fees

Updated: 17th July 2017 - First Published: 02nd September 2015 If you dip into your overdraft without arranging it beforehand, you could pay a high price: the typical consumer is charged £216 per year in unarranged overdraft fees, and this could add up to over £13,000 in your lifetime. Read More...

Send your finances back to school

Updated: 02nd September 2015 - First Published: 02nd September 2015 The kids are heading back to school and parents everywhere are breathing a sigh of relief, but could you do with a bit of extra tuition as well? Financially speaking, of course! Here’s a quick run-through of the areas you may want to focus on. Read More...

Two-thirds of income goes on bills

Updated: 24th April 2017 - First Published: 01st September 2015 How much of your income do you have left over after bills and essential expenses each month? Chances are, it isn’t a lot, with research revealing that the typical consumer spends 66% of their monthly income on essential bills and outgoings. Read More...

Will you use cash in 10 years?

Updated: 28th August 2015 - First Published: 28th August 2015 The shift from cash to cards has been steadily going on for years, but there are expectations that this trend will ramp up even more in the years to come. The question is, will you still be using cash in a decade? Read More...

The fear of missing out can cost £171/month

Updated: 06th November 2017 - First Published: 27th August 2015 Do you suffer from FOMO – the fear of missing out? If so, it could be costing you a sizeable chunk of cash, because research has revealed that people typically spend an extra £171 per month because they don’t want to miss out on all the fun. Read More...

Bad news for tenants as rents soar

Updated: 21st August 2015 - First Published: 21st August 2015 Tenants have been hard-pressed in recent years due to an inability to get on the housing ladder and the ever-increasing cost of rents. And things aren’t likely to get better any time soon. Read More...

How confident are you about your finances?

Updated: 20th August 2015 - First Published: 20th August 2015 The recovery may be taking hold in the economy at large, but the question is, has it started filtering through into your wallet? Hopefully, the answer is yes, but according to research, it could be a tale of two halves. Read More...

What’s stopping you from getting financial advice?

Updated: 04th August 2015 - First Published: 04th August 2015 Do you ever get professional financial advice? If not, what’s stopping you? Many people could be put off by the cost involved while others may simply not know how to access it, but these kinds of barriers could soon be a thing of the past. Read More...

Could you score with football finance?

Updated: 03rd August 2015 - First Published: 03rd August 2015 The new football season is just days away, and millions of fans will be making sure that they’re match-ready with the latest season’s kit. Many can also choose to show their support by using their club’s savings or credit card – but is it worth it? Read More...

Further growth in consumer confidence

Updated: 27th July 2015 - First Published: 27th July 2015 Are you feeling more confident about the state of your finances? According to research from Lloyds Bank, you probably are, as the latest Lloyds Bank Spending Power Report has revealed that consumer confidence is continuing to rise. Read More...

Wedding costs on the rise

Updated: 11th July 2017 - First Published: 15th June 2015 Wedding season is in full swing, but the question is, can you afford it? We’re not just talking about the bride and groom, either – weddings may be costly affairs for the happy couple, but they can be pricey for guests, too… Read More...

Moneyfacts Awards 2015 – the winners are revealed!

Updated: 03rd May 2017 - First Published: 03rd June 2015 The winners of the 2015 Moneyfacts Awards were announced last night in the Pavilion at the Tower of London. Hundreds of industry professionals gathered at the event, with everyone clamouring to find out who would take the crown in each category. Read More...

Do you trust financial services companies?

Updated: 01st June 2015 - First Published: 01st June 2015 Think about the financial services companies you deal with on a daily basis. What are your dealings with them like? And, perhaps an even more important question, do you trust them? According to research, a large number of people don’t. Read More...

Are you making the most of your money?

Updated: 28th May 2015 - First Published: 28th May 2015 There’s more to proper money management than sticking it in an account each month and hoping for the best. Read More...

Cashless payments on the rise

Updated: 27th May 2015 - First Published: 21st May 2015 When you’re paying, what’s your method of choice? Chances are, your card will be dug out on a regular basis. In fact, even though cash is still the biggest single payment method, cashless payments as a whole have overtaken cash for the first time. Read More...

How confident are you in your household finances?

Updated: 27th May 2015 - First Published: 21st May 2015 Household finances have been feeling the pinch for years, but is the tide turning? New research from Markit paints a mixed picture: the squeeze on household finances is currently at a record low, but the outlook is decidedly pessimistic. Read More...

Save £400 a month by budgeting

Updated: 09th May 2017 - First Published: 19th May 2015 Wouldn’t you like to have an extra £400 in your account each month? Well, it can be done – and all it could take is a bit of careful budgeting. Read More...

Stay on top of your subscriptions

Updated: 11th May 2015 - First Published: 11th May 2015 Do you spend money on subscriptions? If so, do you still use the service you’re actually paying for? Chances are, you’ve signed up for one or two things that have fallen under the radar, and that can mean you’re putting money straight down the drain. Read More...

Will the election result affect your finances?

Updated: 06th May 2015 - First Published: 06th May 2015 The election is almost upon us, but after you’ve decided on the candidate you’re voting for, thoughts could well turn to how it’ll affect your finances. Will the result have any impact on your spending habits? Read More...

Watch out for identity thieves

Updated: 30th April 2015 - First Published: 30th April 2015 If you’ve been the victim of identity theft, you’ll know how traumatising it can be. It can not only leave a black mark on your credit report, but it could even leave you in debt, so it’s vital to be on your guard. Read More...

The growth of mobile payments

Updated: 29th April 2015 - First Published: 29th April 2015 Have you ever sent money using just a mobile phone number? Hopefully, the concept isn’t as alien to you as it once was, as today marks the one-year anniversary of Paym’s official launch. Read More...

Are you better off since the last election?

Updated: 28th April 2015 - First Published: 28th April 2015 It’s been almost five years since the last general election, and in that time a whole raft of changes to the economy have taken place. The question is, do you feel better off? Read More...

Do you ask for help with personal finances?

Updated: 28th April 2015 - First Published: 28th April 2015 When was the last time you asked for help when it comes to managing your personal finances? For some, the answer will be never – and that could mean you’re sacrificing your long-term security. Read More...

Your financial to-do list

Updated: 22nd April 2015 - First Published: 22nd April 2015 Some things can affect your finances more than others, and failing to be up-to-date can easily cost you money. So why not get a handle on things? Forget cleaning the house, it’s time to spring clean your finances! Read More...

Cost of household bills tots up to £138K

Updated: 12th October 2017 - First Published: 16th April 2015 How much do you spend on your household bills in a year? Everyday bills can take a significant chunk of your household income, and over time, it can seriously add up – and when you look at it over your lifetime, it reaches an eye-watering sum. Read More...

Is cash still king?

Updated: 20th October 2017 - First Published: 13th April 2015 How often do you withdraw cash these days? Chances are, not as much as you used to. Cash is becoming far less commonplace, and research has shown just how much its dominance is slipping. Read More...

Tax rates and allowances for 2015/16

Updated: 21st April 2017 - First Published: 07th April 2015 The start of the tax year means it’s a great time to get your finances in order, and we’re here to help. You can find a detailed overview of every tax limit you need to know about by reading our guide, but here's a quick rundown of the key limits. Read More...

Is it time to spring clean your finances?

Updated: 07th April 2015 - First Published: 01st April 2015 Now that the clocks have sprung forward and spring is finally in the air, what better time to freshen up your finances and clean up your debts? Read More...

British consumers feel confident to spend and save

Updated: 07th April 2015 - First Published: 01st April 2015 After the tightened purse strings in the wake of the recession, and the accompanying diminished confidence, British consumers are finally starting to feel brave enough to splash the cash once more. Read More...

Fraud figures on the rise again

Updated: 07th April 2015 - First Published: 30th March 2015 Fraudsters and scammers have always been on the scene, but the way in which they target their victims is beginning to change. Read More...

2015 Moneyfacts Awards finalists announced

Updated: 28th March 2017 - First Published: 23rd March 2015 Moneyfacts has today announced the finalists for the 2015 Moneyfacts Awards, an event that showcases the providers who truly excel in the world of personal finance. Read More...

Cash is king for charitable donations

Updated: 23rd March 2015 - First Published: 23rd March 2015 Have you given money to charity in the last year? If so, how did you go about it? Research from Halifax has revealed the welcome news that charitable... Read More...

The Consumer Moneyfacts Awards brochure is live!

Updated: 13th March 2015 - First Published: 13th March 2015 The Consumer Moneyfacts Awards took place on 22 January at the London Marriott Hotel Grosvenor Square. The ceremony showcased the best of the financial services industry, and now you can find out more about the winners! Read More...

Life becomes most expensive at 50

Updated: 12th March 2015 - First Published: 10th March 2015 Life may begin at 50, but according to research from Investec Wealth & Investment, it’s also the age that’s the most expensive, with mortgage, education... Read More...

Are you afraid to open your post?

Updated: 03rd May 2017 - First Published: 05th March 2015 Do you always open your post? Chances are, some of it gets discarded, and it’s a widespread phenomenon: research has found that 46% of respondents regularly receive letters that they don’t open, and it isn’t all of the junk variety. Read More...

Brits rely on overdrafts instead of savings

Updated: 20th June 2017 - First Published: 04th March 2015 If you find yourself running out of cash towards the end of the month, what do you do? For some, a savings pot will be the answer, but research has found that a worrying number of people turn to their overdraft instead. Read More...

Consumer confidence bounces back

Updated: 24th February 2015 - First Published: 24th February 2015 Are you feeling a bit more confident about your financial situation? Hopefully, the answer is yes, and if research from Lloyds Bank is a reliable indicator, more of us than ever are feeling optimistic about our finances. Read More...

Growth in consumer spending

Updated: 13th February 2015 - First Published: 13th February 2015 Figures released earlier this week have revealed a clear rise in consumer spending – particularly on non-essential items – as the improving economy begins to feed through into people’s wallets. Read More...

Brits are taking control of their finances

Updated: 06th February 2015 - First Published: 06th February 2015 Are you struggling to get in control of your finances? You’re not alone, but happily, it seems that a lot of consumers are taking action, and they’re using innovative methods to do so. Read More...

Do you procrastinate when it comes to finances?

Updated: 02nd February 2015 - First Published: 02nd February 2015 There are some things in life that no-one really enjoys doing, and it seems that managing financial affairs is one of them, with the average Brit spending far more time procrastinating than focusing on the task in hand. Read More...

Time to reassess your finances?

Updated: 29th January 2015 - First Published: 29th January 2015 January may be cold, bleak and wintry, but it’s also the perfect time to give your finances a once-over. Doing so could set you up well for the year ahead, and happily it seems that many are committed to making a change. Read More...

Growth in card spending – but cash still king

Updated: 27th January 2015 - First Published: 27th January 2015 Do you reach for the credit card when you’re out shopping, or does cash still burn a hole in your pocket? The rise of contactless payments had led to assumptions that cash would become obsolete, but research has shown that both are living in harmony. Read More...

Consumer Moneyfacts award winners 2015 announced

Updated: 08th December 2017 - First Published: 23rd January 2015 The winners of the Consumer Moneyfacts Awards were announced last night at a glittering ceremony at the London Marriott Hotel Grosvenor Square, showcasing the best of the consumer finance industry. Read More...

Did you overstep the Christmas budget?

Updated: 11th July 2017 - First Published: 19th January 2015 It’s all too easy to get a bit carried away at Christmas, and last Christmas was no exception, with many UK shoppers finding themselves stretching their Christmas budget past its breaking point. Read More...

Two in five have suffered from fraud

Updated: 06th January 2015 - First Published: 06th January 2015 Are you worried about financial fraud? It probably isn’t too much of a concern, but research has shown that a large proportion of consumers have suffered from some form of financial fraud, highlighting the importance of remaining vigilant. Read More...

Do you feel bad asking for money back?

Updated: 03rd May 2017 - First Published: 05th January 2015 When it comes to lending money to family and friends, it seems that the UK is a nation of open-handed generosity.But when it comes to asking for that money back, it appears that few of us are brave enough to ask. Read More...

What’s happened to your finances this year?

Updated: 02nd January 2015 - First Published: 31st December 2014 There’s been a lot going on in the world of finance this year. From super ISAs to Pensioner Bonds, annuity changes and mortgage regulations, it’s all gone on Read More...

Will you give cash this Christmas?

Updated: 22nd December 2014 - First Published: 22nd December 2014 Christmas is a time for catching up with family, for over-indulging, and of course, for giving a gift or two. But, are you one of those people who spends months planning the perfect gift, or would you rather give cash so the recipient can choose? Read More...

What does the Autumn Statement mean for you?

Updated: 04th December 2014 - First Published: 04th December 2014 Yesterday’s Autumn Statement has been widely applauded by the industry and consumers alike. But, just what does the Statement mean, and how will the announcements benefit you? Let’s take a look at the changes most likely to affect your budget… Read More...

Families more positive in their financial futures

Updated: 03rd December 2014 - First Published: 03rd December 2014 The financial sentiment of families has improved by 19 percentage points since the last Autumn Statement, research from Lloyds Bank has revealed, suggesting that the improved economic situation is beginning to feed through. Read More...

Are you facing a blue Christmas?

Updated: 03rd December 2014 - First Published: 02nd December 2014 Christmas may be the most magical time of the year for some, but for others it can be incredibly stressful. The opening of the advent calendar can herald the start of a truly difficult few weeks, and some may not be able to celebrate at all. Read More...

The battle of the Christmas shopping days

Updated: 01st December 2014 - First Published: 01st December 2014 Christmas has long been the UK’s biggest shopping season, with consumers spending in their millions in the attempt to create the perfect day – and the battle of the biggest shopping days of the year has well and truly begun. Read More...

Average cost of Christmas set to be £767

Updated: 18th May 2017 - First Published: 01st December 2014 How much will Christmas set you back this year? Well, according to research from American Express, the average cost of this year’s festivities is set to be £767 per person. Read More...

Time to put financial planning first

Updated: 25th November 2014 - First Published: 25th November 2014 We’re in the midst of the fifth annual Financial Planning Week, a consumer awareness campaign aimed at helping you improve your financial fitness and achieve your long-term goals. So, isn’t it time you put financial planning first? Read More...

Consumer confidence gets a welcome boost

Updated: 24th November 2014 - First Published: 24th November 2014 Decreased spending on fuel, gas and electricity, coupled with an improving employment picture, has sent consumer confidence soaring, enabling it to hit the second-highest level on record. Read More...

Do you leave your bills unopened?

Updated: 17th November 2014 - First Published: 17th November 2014 It’s never pleasant when the latest bill flops through your door or pings into your email account, but how often do you actually take the plunge and open up that statement and get to grips with the costs? Read More...

Is money a taboo topic for you?

Updated: 25th September 2017 - First Published: 14th November 2014 Brits are known for keeping things to themselves, and it seems as though we are no different when it comes to money. According a survey by Legal & General, nearly half of respondents said that money shouldn't be up for discussion. Read More...

Are you a financial fibber?

Updated: 10th November 2014 - First Published: 10th November 2014 If you’ve ever passed off the purchase of a new gadget as being half the price it actually was, or fibbed about the amount of cash stashed away in your savings account, you’re not alone. Read More...

UK’s living wage gets a boost

Updated: 04th November 2014 - First Published: 04th November 2014 For those on low incomes, it can be difficult to make ends meet. That’s why the “living wage” is so widely welcomed – and why it’s even better news that it’s increased. Read More...

Are you making the most of your money?

Updated: 22nd October 2014 - First Published: 22nd October 2014 There’s more to proper money management than sticking it in an account each month and hoping for the best. Read More...

Do you worry about running out of money?

Updated: 24th April 2017 - First Published: 15th October 2014 Money issues top the list of many people’s worries when it comes to things that keep them awake at night, but it seems that this stress doesn’t ease when the latest paycheque comes in. Read More...

The Consumer Moneyfacts Survey is now open!

Updated: 06th October 2014 - First Published: 06th October 2014 Do you want to have your say about financial services providers? Well, you’re in luck – the Consumer Moneyfacts Survey is ready and waiting to hear your views! Read More...

Households will need to find £381 extra a year

Updated: 18th September 2014 - First Published: 18th September 2014 The household budget is something that always seems to be under pressure. And things are unlikely to get better. According to MGM Advantage, the average UK household will need to find another £381 a year in order to sustain current living standards. Read More...

7 ways to cut your household bills down to size

Updated: 03rd September 2014 - First Published: 03rd September 2014 Making ends meet is an ongoing challenge for a lot of households, particularly as prices seem to keep edging upwards. But even though budgets are tight, if you stay on top of things, you could well cut your bills down to size. Read More...

Do you borrow money from family?

Updated: 19th August 2014 - First Published: 19th August 2014 It can’t be denied that it’s often difficult to balance the books. Even with the drop in inflation, stagnant wage growth and rising prices mean many of us don’t have a lot left over after essential bills – so some turn to family members for help. Read More...

The cost of fixing DIY disasters

Updated: 04th August 2014 - First Published: 04th August 2014 Everyone loves a spot of DIY. Some 44% of UK homeowners have completed significant home improvements already or plan to in the future, with 33% making changes to add value to their property. An admirable idea, but what if it goes wrong? Read More...

Is lending money putting your finances at risk?

Updated: 20th November 2017 - First Published: 22nd July 2014 We all like to think we’d lend money to friends and family if they were in need. A large proportion of us do, but could you be left struggling if you didn’t get that money back? Read More...

Wages peak in late 30s

Updated: 03rd July 2014 - First Published: 03rd July 2014 Being able to secure a decent income is the key to financial security, and of course, there’s always the expectation that the further in your career you get, the larger your pay packet will be. But just when do earnings peak? Read More...

Consumer confidence on the rise

Updated: 30th June 2014 - First Published: 30th June 2014 The economy is rebounding, the housing market is in full swing and wage growth is slowly starting to edge back up, and happily, it would seem that all this positivity is translating into much improved levels of consumer confidence. Read More...

Have you given money to loved ones?

Updated: 23rd June 2014 - First Published: 23rd June 2014 As budgets are stretched, it’s not just mum and dad that are forking out to help their loved ones but grandparents too. Read More...

Stamp duty costs soar

Updated: 23rd June 2014 - First Published: 23rd June 2014 Moving house is expensive at any time, but with homemovers having to factor in average stamp duty payments of £11,800 over their lifetime, the costs are becoming increasingly worrying. Read More...

Household finances improving – are yours?

Updated: 12th June 2014 - First Published: 12th June 2014 It seems than an improved economy is finally starting to feed through into people’s wallets, as research has revealed a much-needed improvement in household finances. Read More...

Stop paying too much tax!

Updated: 11th June 2014 - First Published: 11th June 2014 Paying tax is a fact of life, but no-one can say they really enjoy it. However, it seems that a lot of people are actually paying more than they need to – and all because they’re not maximising their tax-efficiency. Read More...

Moneyfacts unveils 2014 award winners

Updated: 04th June 2014 - First Published: 04th June 2014 The winners of the 2014 Moneyfacts Awards were announced last night at a glittering ceremony in the Pavilion at the Tower of London, this year being particularly poignant as it celebrated 25 years of the Moneyfacts brand. Read More...

Brits not enjoying the financial feel good factor

Updated: 27th May 2014 - First Published: 27th May 2014 Even though the last few months have been awash with positive reports about the state of the economy and the UK coming out of recession, it seems that it hasn’t translated into extra cash in people’s pockets. Read More...

6 ways to make your money go further

Updated: 12th April 2017 - First Published: 14th May 2014 There’s nothing worse than getting towards the end of the month and realising you’re running short on cash, but with a bit of careful money management you could have more left over. Here are six key ways to help make your money go further. Read More...

Don’t fall foul of costly scams

Updated: 07th May 2014 - First Published: 07th May 2014 Every year more than 3 million people in the UK fall victim to scams losing hundreds, and sometimes thousands, of their hard-earned pounds. Isn’t it time we started fighting back? Read More...

Consumer confidence rockets at age 30

Updated: 25th April 2014 - First Published: 25th April 2014 It all seems to be about the big 30 – as according to research from AXA Self Investor this is the age when consumer confidence really kicks in. Read More...

Are you financially ready for life’s big events?

Updated: 23rd April 2014 - First Published: 23rd April 2014 We are all told to be prepared for life’s little emergencies, but what about its big changes – are we financially equipped for these? Read More...

How to make your money go further

Updated: 22nd April 2014 - First Published: 22nd April 2014 There’s nothing worse than getting towards the end of the month and realising you haven’t got enough left to be comfortable, but it seems that many Brits are actively trying, and succeeding, in making their money go further. Could you be one of them? Read More...

Has the cost of living fallen for you?

Updated: 16th April 2014 - First Published: 16th April 2014 Inflation, and therefore the cost of living, fell to 1.6% during March, according to official figures, but can these headline rates be applied to everyone universally? Read More...

Do you know how much your partner earns?

Updated: 11th April 2014 - First Published: 11th April 2014 Are you and your partner open and honest about everything in your relationship – even your finances? Perhaps you hold a joint account and have total trust in your other half, or do you hide away those payslips and bank statements? Read More...

Careful consumers shun the high street

Updated: 07th April 2014 - First Published: 07th April 2014 Consumers are still erring on the cautious side when it comes to spending their hard-earned cash, with many searching out cheaper deals or cutting back altogether. Read More...

Tough new rules for the consumer credit industry

Updated: 02nd April 2014 - First Published: 02nd April 2014 As consumers many of us rely on credit to help fund our day-to-day lives, but the industry is notoriously under-regulated and can leave many people in financial difficulty. Well, that may no longer be the case. Read More...

New £1 coin set to grace our wallets

Updated: 19th March 2014 - First Published: 19th March 2014 The humble £1 coin has graced our wallets since 1983, but times are changing. It’s been given a rebrand – gone is the circular, single-colour coin, for now we have a 12-sided two-colour model with sophisticated technology to scupper counterfeiters. Read More...

The changing value of money

Updated: 24th April 2017 - First Published: 07th March 2014 It’s always nice to have a bit of extra money floating around, but with the combination of record low savings rates, rising prices and both inflation and the taxman eating way at any meagre returns, it can often be difficult to have much left over. Read More...

Base rate remains at 0.5% – but what does it mean?

Updated: 04th August 2017 - First Published: 06th March 2014 As expected, the Bank of England’s Monetary Policy Committee confirmed earlier today that base rate would be held at the historically low 0.5%, marking the fifth anniversary of it being at this level. Read More...

UK householders’ financial confidence growing

Updated: 24th February 2014 - First Published: 24th February 2014 UK householders are feeling the most positive about their finances - from managing bills to paying off debt - for over three years. Read More...

Moneyfacts in the news

Updated: 24th February 2014 - First Published: 24th February 2014 Moneyfacts is known for its expertise across the length and breadth of financial media, with journalists not only relying on our data but also our expert commentary on all things money. Read More...

Households struggle to pay the bills

Updated: 21st February 2014 - First Published: 21st February 2014 There has been an increase in households struggling to make ends meet, with many finding it hard to ensure their income covers all their outgoings. Read More...

Phishing Scams: Beware of bogus tax refunds

Updated: 10th February 2014 - First Published: 10th February 2014 Paying the tax bill will always be a dreaded task, so when consumers receive an offer of a rebate it’s no wonder they jump at the chance of claiming it. Read More...

What do record-low interest rates mean for you?

Updated: 06th February 2014 - First Published: 06th February 2014 Next month marks the fifth anniversary that base rate has been at its record low. On 5 March 2009 it dropped to an unprecedented 0.5%, and with the Bank of England set to review the rate when unemployment hits 7% we could be in-line for a rise. Read More...

Millions to claim for mis-sold card protection

Updated: 03rd February 2014 - First Published: 03rd February 2014 Millions of consumers who were mis-sold Card Protection or Identity Protection products through Card Protection Plan Ltd (CPP) will be able to claim their money back as the redress scheme kicks in this month. Read More...

Are household bills getting too much?

Updated: 31st January 2014 - First Published: 31st January 2014 If your bills seem to only ever be on the rise, you’re not alone. Research by Bacs Payment Schemes has revealed that household and personal bills amounted to a whopping £12,047 last year, with household bills alone coming in at an average of £8,170. Read More...

UK facing continued living standards squeeze

Updated: 31st January 2014 - First Published: 31st January 2014 Despite the UK’s economic recovery starting to take hold, it doesn’t look like it’s filtering down into workers’ pockets just yet. Read More...

Don’t be caught out by new tax return rules

Updated: 23rd June 2017 - First Published: 24th January 2014 Tax return deadline is a mere week away, and that means you’ve only got seven days to complete your online return, submit it and pay anything you owe to HMRC – or face a penalty for filing late. Read More...

Consumer Moneyfacts award winners 2014 announced

Updated: 03rd May 2017 - First Published: 24th January 2014 Last night the 2014 Consumer Moneyfacts Awards took place in a glittering ceremony at the HAC in London, celebrating the best of the consumer finance industry. Read More...

Beware of copycat tax return websites

Updated: 16th January 2014 - First Published: 16th January 2014 With tax return season in full swing, taxpayers are being urged to not be conned by websites that charge hundreds of pounds for filing their tax return – when going through the official HMRC site will cost them nothing. Read More...

Record online sales over Christmas period

Updated: 13th January 2014 - First Published: 13th January 2014 Figures released by the British Retail Consortium (BRC) found that online shopping hit record levels in December 2013, with close to one-in-five non-food items being bought online. Read More...

Self-assessment deadline – are you ready?

Updated: 10th January 2014 - First Published: 10th January 2014 The deadline for filing your self-assessment tax return online is looming. You’ve got until 31 January to fill in your 2012/13 return, submit it to HM Revenue & Customs and pay any tax you owe for the financial year, but it needn’t be a headache. Read More...

Meet your financial goals and reduce costs in 2014

Updated: 09th January 2014 - First Published: 09th January 2014 The start of a new year is always a good opportunity to organise your finances and set a few goals for the year ahead, but if you’ve already broken a few resolutions fear not – we’re here to help. Read More...

Black mark for MoneySupermarket.com

Updated: 02nd January 2014 - First Published: 02nd January 2014 The Financial Conduct Authority (FCA), the financial services regulator, has raised concerns over “misleading” adverts from MoneySuperMarket.com which gave the impression that their comparison site was cheaper than it actually was. Read More...

New Year, new financial plan

Updated: 02nd January 2014 - First Published: 02nd January 2014 The start of a new year is a time to take stock and think about goals for the months ahead. Most people will have a list of New Year’s resolutions as long as their arm, but why not make them really count? Focusing on financial health could be ideal. Read More...

Consumers use rewards to fund everyday spending

Updated: 30th December 2013 - First Published: 30th December 2013 These days consumers are always on the lookout for ways to save some cash, and it seems that many have got it down to a fine art. In fact, according to research rewards and special offers actually account for an average of £1 in every £25 spent. Read More...

Plastic banknotes set to be launched

Updated: 19th December 2013 - First Published: 18th December 2013 The Bank of England (BoE) has just announced plans to print plastic banknotes from 2016, following a three-year research programme and a public consultation which was launched in September. Read More...

Do you know about Chargeback schemes?

Updated: 13th January 2014 - First Published: 18th December 2013 When paying on plastic it’s always nice to know you’ve got a bit of financial protection. Using credit cards can offer this peace of mind, but what about debit cards? That's when the Chargeback scheme comes into play. Read More...

Money secrets risk couples’ financial futures

Updated: 13th December 2013 - First Published: 13th December 2013 Two studies released this week have shown the worrying trend of couples keeping finances secret from each other, something which could not only compromise current family budgets but could seriously jeopardise future financial stability as well. Read More...

Don’t have a nightmare before Christmas

Updated: 12th December 2013 - First Published: 12th December 2013 For many people, Christmas is the most expensive time of the year. All those presents, decorations, Christmas parties and food purchases can quickly add up, but what happens if you run out of money? Read More...

Are you buying gift cards this Christmas?

Updated: 10th December 2013 - First Published: 10th December 2013 With Christmas a mere two weeks away a lot of people are finalising their Christmas lists (and could well be approaching a state of last-minute-shopping panic), and for many a gift card or two will invariably crop up. Read More...

The Autumn Statement – an overview

Updated: 06th December 2013 - First Published: 05th December 2013 Earlier today Chancellor George Osborne announced his plans for the economy in his annual Autumn Statement. ? Read More...

Beware of copycat sites

Updated: 05th December 2013 - First Published: 04th December 2013 Consumers are being urged to be on the lookout for copycat websites that offer a usually free service in exchange for an expensive administrative fee, with Government-related sites being a particularly popular target for these “providers”. Read More...

Stay safe online

Updated: 29th November 2013 - First Published: 29th November 2013 Online fraud is an ever-present threat, and with Christmas just around the corner it’s even more important to be on your guard and protect yourself from fraudsters. With that in mind, we’ve put together a few tips on how you can stay safe. Read More...

Black Friday deals hit UK

Updated: 31st August 2017 - First Published: 28th November 2013 Black Friday, the day after Thanksgiving in the US, is traditionally seen as the start of the Christmas shopping season – and a day when retailers slash their prices. Read More...

Consumers misled by multibuys

Updated: 20th November 2013 - First Published: 19th November 2013 As household budgets are becoming increasingly squeezed, finding a bargain becomes a vital part of many shopping trips. But, consumers are being warned to be on the lookout for misleading deals, discounts and multibuys. Read More...

Taking the risk out of int'l money transfers

Updated: 15th November 2013 - First Published: 15th November 2013 Transferring money internationally can be a financially stressful time, with fluctuating exchange rates making it more of a gamble than many would like. Read More...

Consumer warning over Christmas gift cards

Updated: 11th November 2013 - First Published: 11th November 2013 With the festive season rapidly approaching a lot of people are starting to finalise their Christmas lists, and for many a gift card or two will invariably crop up. Read More...

Grandparents providing more financial support

Updated: 11th November 2013 - First Published: 11th November 2013 The ageing population means there are statistically far more grandparents around these days, and a lot of them are providing vital financial support to their children and grandchildren. Read More...

Shoppers warned to know their limits at Christmas

Updated: 07th November 2013 - First Published: 07th November 2013 With the Christmas shopping season about to hit full swing, a lot of consumers will head abroad, either literally or online, in order to track down some festive bargains. But, HMRC has warned bargain-hunters to be on the lookout for charges. Read More...

Increasing reliance on the Bank of Mum and Dad

Updated: 06th November 2013 - First Published: 06th November 2013 Research from Lloyds Bank has revealed that adult children in the UK are becoming increasingly reliant on the “Bank of Mum and Dad”, showing the continued demand for parental financial support. Read More...

Money Saving Deals

Updated: 13th September 2013 - First Published: 13th September 2013 Moneyfacts.co.uk brings you a round-up of the latest money-saving deals. Read More...

FCA urged to protect money held on gift cards

Updated: 22nd May 2017 - First Published: 30th August 2013 The Government has been urged to regulate the gift card market in order to protect consumers from losing money when a company goes under. Read More...

Moneyfacts Awards 2013

Updated: 08th August 2013 - First Published: 07th August 2013 Download the list of winners and runners up from the 2013 Moneyfacts Awards to discover who the best mortgage, savings, credit card and bank account providers are. Read More...

Millions admit they struggle with bills and debts

Updated: 05th August 2013 - First Published: 05th August 2013 A study by the Money Advice Service has found over 50% of people in the UK are concerned at their ability to meet bill payments and pay back existing debts. Read More...

Consumer confidence reaches three-year high

Updated: 22nd July 2013 - First Published: 22nd July 2013 A study has found consumer confidence and optimism climbed to the highest level since November 2010, prompted by increased activity in the housing market and better than expected economy growth. Read More...

Living costs set households back £1.8 million

Updated: 05th July 2013 - First Published: 05th July 2013 A study by the insurer Prudential has revealed the shockingly high level of expenditure facing average UK households on a monthly basis. Read More...

Few consumers feel in control of finances

Updated: 04th July 2013 - First Published: 04th July 2013 A new study has found over 60% of consumers claim they do not feel in control of their financial situations. Read More...

Consumers fail to seek financial advice

Updated: 27th June 2013 - First Published: 27th June 2013 In an age of ongoing uncertainty and a general air of mistrust towards banks, you may be forgiven for thinking that a larger number of people are keen to gain advice from a professional financial adviser. Read More...

Consumer confidence remains high

Updated: 24th June 2013 - First Published: 24th June 2013 Increased optimism about the UK economy helped to boost overall consumer sentiment during May, pushing it to the highest level in over two years. Read More...

Call for change in credit union rules

Updated: 17th June 2013 - First Published: 17th June 2013 An independent think tank has claimed current rules and regulations regarding credit unions are ‘burdensome’ and must be relaxed to widen their appeal to consumers and enable them to compete with high-interest lenders. Read More...

Number of cash payments increases

Updated: 10th June 2013 - First Published: 10th June 2013 A growing number of consumers and businesses are favouring cash over cards when making everyday transactions, according to a study by the Payments Council. Read More...

Rise in ATM fraud

Updated: 06th June 2013 - First Published: 06th June 2013 Thieves are becoming more prolific and audacious when targeting customers at cash machines, according to figures from the Financial Fraud Action UK. Read More...

New financial dispute cases up 92%

Updated: 29th May 2013 - First Published: 29th May 2013 A record 508,881 new financial dispute cases were received by the Financial Ombudsman Service (FOS) last year, 92% more than the previous year, as complaints about mis-sold payment protection insurance (PPI) continued to soar. Read More...

Children recognise value of money by age seven

Updated: 23rd May 2013 - First Published: 23rd May 2013 Parents have been urged not to underestimate the effect that their own attitudes to money have on their children, as a new study reveals the majority of youngsters have a core understanding of the value of money by the time they are seven years’ old. Read More...

MAS seeks to improve UK’s financial health

Updated: 17th May 2013 - First Published: 17th May 2013 Charities, individuals and consumer groups are to be quizzed by the Money Advice Service (MAS) over the next ten weeks and asked to provide evidence of successful financial initiatives and schemes. Read More...

CAB voices concerns over cold calling

Updated: 17th May 2013 - First Published: 17th May 2013 The Citizens Advice Bureau (CAB) has slammed the practice of cold calling in the financial service industry and called for an all-out ban to protect customers. Read More...

Base rate remains at 0.50%

Updated: 09th May 2013 - First Published: 09th May 2013 The Bank of England’s Monetary Policy Committee (MPC) has voted to keep base rate at its historic low of 0.50%. Read More...

Moneyfacts.co.uk’s clarity lauded

Updated: 08th May 2013 - First Published: 07th May 2013 Moneyfacts.co.uk has been praised for its clarity by the Sunday Times regarding its best buy tables. Read More...

Consumer financial confidence improves

Updated: 07th May 2013 - First Published: 03rd May 2013 A study has revealed financial positivity among consumers is on the increase, with confidence reaching levels last seen in June 2010. Read More...

Minimum wage set to increase to £6.31

Updated: 16th April 2013 - First Published: 15th April 2013 The Government has announced the UK minimum wage will rise to £6.31 an hour with effect from October this year, remaining below the level of inflation. Read More...

2013/14 tax changes: How they affect you

Updated: 16th April 2013 - First Published: 11th April 2013 A number of changes have been introduced in the world of tax, benefits and allowances since the new tax year began on 6 April. Read More...

Money in a Minute

Updated: 28th March 2013 - First Published: 28th March 2013 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 22nd March 2013 - First Published: 22nd March 2013 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 10th March 2015 - First Published: 15th March 2013 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 08th March 2013 - First Published: 08th March 2013 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 10th March 2015 - First Published: 28th February 2013 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 22nd February 2013 - First Published: 21st February 2013 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Household finances continue to deteriorate

Updated: 18th February 2013 - First Published: 18th February 2013 Household finances worsened during the fourth quarter of 2012, as a result of high mortgage service costs, poor equity market performances and high inflation, according to Alliance Trust’s UK Financial Reality Index. Read More...

Money in a Minute

Updated: 14th February 2013 - First Published: 14th February 2013 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Know your rights if a company goes bust

Updated: 12th April 2017 - First Published: 14th February 2013 It seems to be the case that as another week passes another well-known clothing retailer republic goes into administration. Get to know your consumer rights. Read More...

Financial education to be compulsory in schools

Updated: 11th February 2013 - First Published: 08th February 2013 The campaign to make financial education compulsory in schools across the country has finally come to fruition. Read More...

£1,000 survey winners share their joy

Updated: 14th July 2017 - First Published: 05th February 2013 The winners of the £1,000 Consumer Moneyfacts Survey prize draw, in association with AOL Money and MyMoney24, have spoken of their joy. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 31st January 2013 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 10th March 2015 - First Published: 25th January 2013 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 18th January 2013 - First Published: 18th January 2013 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 18th January 2013 - First Published: 11th January 2013 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 10th March 2015 - First Published: 03rd January 2013 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Deadline nears for tax self assessments

Updated: 03rd January 2013 - First Published: 03rd January 2013 People hoping to file their self-assessment tax return for the first time have been warned by HM Revenue & Customs (HMRC) that an automatic £100 penalty will be issued for all online tax returns received after 31st January. Read More...

Money in a Minute

Updated: 27th December 2012 - First Published: 27th December 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 20th December 2012 - First Published: 20th December 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 31st December 2012 - First Published: 13th December 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 07th December 2012 - First Published: 07th December 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 29th November 2012 - First Published: 29th November 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Train ticket prices set to rise 6.2% in January

Updated: 23rd November 2012 - First Published: 23rd November 2012 Rail fares look set to increase by an average of 6.2% from January 2013 in the wake of July’s inflation figures from the Office for National Statistics. Read More...

Money in a Minute

Updated: 23rd November 2012 - First Published: 23rd November 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Money in a Minute - Savings & Mortgages

Updated: 15th November 2012 - First Published: 15th November 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Consumer rights: returning goods this christmas

Updated: 19th December 2016 - First Published: 13th November 2012 Keep your consumer rights in mind this Christmas. Whether you’re buying a gift, or returning goods that you have received, make sure you know your rights! Read More...

Top up and go with a prepaid card

Updated: 12th November 2012 - First Published: 09th November 2012 Research released this week has found that around one in four UK adults suffer as a result of having a bad credit history. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 08th November 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Money in a Minute New Savings & Mortgage Products

Updated: 01st November 2012 - First Published: 01st November 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 19th October 2012 - First Published: 18th October 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Money in a Minute

Updated: 11th October 2012 - First Published: 11th October 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Vote now in the Consumer Moneyfacts Survey!

Updated: 08th October 2012 - First Published: 08th October 2012 Let us know your opinion in the Consumer Moneyfacts Survey and give yourself three chances to win £1,000! Read More...

Money in a Minute

Updated: 04th October 2012 - First Published: 04th October 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Increase to the minimum wage

Updated: 01st October 2012 - First Published: 01st October 2012 The minimum wage paid to workers aged 21 and over has risen by 11p, from £6.08 to £6.19, but remains lower than the typical increase in earnings and the rate of inflation. Read More...

Women more likely to manage finances

Updated: 28th September 2012 - First Published: 28th September 2012 The tables are turning in young relationships with the majority of women taking control of the purse strings. Read More...

M&S Bank launches Premium Current Account

Updated: 23rd May 2017 - First Published: 27th September 2012 M&S Bank’s Premium Current Account has been officially launched today, offering shoppers the option to operate their account whilst in store. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 27th September 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 10th March 2015 - First Published: 20th September 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Over 50s hit hardest

Updated: 07th September 2012 - First Published: 06th September 2012 Millions of people aged 50 and over are worse off as a result of low interest rates, the rising cost of living and the Government’s quantitative easing programme. Read More...

Money in a Minute

Updated: 06th September 2012 - First Published: 06th September 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

FSA publishes guide to financial advice

Updated: 31st December 2012 - First Published: 30th August 2012 The Financial Services Authority (FSA) has issued a guide designed to help consumers understand forthcoming changes to financial advice services. Read More...

Money in a Minute

Updated: 30th August 2012 - First Published: 30th August 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 23rd August 2012 - First Published: 23rd August 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Family matters for three quarters of young people

Updated: 22nd August 2012 - First Published: 22nd August 2012 Costly house prices and debt problems are thought to be just a couple of the reasons behind an increasing number of adults living with their parents. Read More...

Family debt rises as incomes fall

Updated: 21st August 2012 - First Published: 21st August 2012 The average monthly family income has fallen from £2,150 to £2,003 over the past quarter, with a higher number of families turning to loans to accommodate living expenses. Read More...

Money in a Minute

Updated: 17th August 2012 - First Published: 16th August 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Government money service proves popular

Updated: 15th August 2012 - First Published: 15th August 2012 A free and independent financial advice service launched by the Government attracted 1.3 million users within it first year of operating. Read More...

Tax penalties issued to half a million

Updated: 15th August 2012 - First Published: 14th August 2012 HM Revenue & Customs (HMRC) has sent around 500,000 notices of penalties for failing to submit self-assessment tax returns, despite reminders being advertised on television and in the papers. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 10th August 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

UK economy boosted by PPI refunds

Updated: 07th August 2012 - First Published: 07th August 2012 The alleged mis-selling of payment protection insurance (PPI) has resulted in banks dishing out nearly £9 billion so far to affected customers over recent months. Read More...

Money in a Minute

Updated: 02nd August 2012 - First Published: 02nd August 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Millions of Olympic fans restricted to eight ATMs

Updated: 01st August 2012 - First Published: 01st August 2012 Hordes of sports fans will descend on Olympic venues around the UK over the next few days; however, many could experience difficulties when using their cards. Read More...

Building societies lending more

Updated: 30th July 2012 - First Published: 30th July 2012 Pleasing news has emerged today for prospective mortgage borrowers. Read More...

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Updated: 10th March 2015 - First Published: 26th July 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Cash in hand ‘morally wrong’

Updated: 24th July 2012 - First Published: 24th July 2012 Many of us pay tradesmen in cash for odd jobs around the house and garden; however, such practice has been dubbed ‘morally wrong’. Read More...

Government clamps down on tax avoidance

Updated: 23rd July 2012 - First Published: 23rd July 2012 The Government has warned it will ‘name and shame’ wealthy people who avoid tax, as part of an initiative to curb tax avoidance to be announced today. Read More...

Young people rely on financial crutch from parents

Updated: 23rd July 2012 - First Published: 23rd July 2012 A huge number of young people are relying on their parents to help them financially, running into thousands of pounds a year. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 20th July 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Payments Council to be punished over cheque fiasco

Updated: 20th July 2012 - First Published: 19th July 2012 The Government has said it will punish the Payments Council over its failure to find a replacement for cheque transactions. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 12th July 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Prepaid cards: Beware the pitfalls

Updated: 12th July 2012 - First Published: 12th July 2012 Prepaid cards are a popular concept whereby customers can load cash onto their card to spend in restaurants, shops and withdraw money from cash machines, but do be aware of the pitfalls, says Moneyfacts.co.uk. Read More...

High cost of living hits families hardest

Updated: 11th July 2012 - First Published: 10th July 2012 Hard working families with children are being hit hardest by the ever increasing cost of living. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 06th July 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Base rate stays at 0.50%

Updated: 11th July 2012 - First Published: 05th July 2012 The Bank of England’s Monetary Policy Committee has voted to keep base rate on hold at 0.50%, its 40th consecutive month. Read More...

Money in a Minute

Updated: 22nd June 2012 - First Published: 22nd June 2012 Welcome to the Money in a Minute, your one-stop-shop for the best new personal finance products on the market. Read More...

Money in a Minute

Updated: 14th June 2012 - First Published: 14th June 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings, mortgage and loans markets. Read More...

HMRC eyes £3 billion from UK tax dodgers

Updated: 12th June 2012 - First Published: 12th June 2012 HM Revenue & Customs (HMRC) is looking to recoup £3 billion from tax dodgers looking to hide their funds in Liechtenstein. Read More...

Money in a Minute

Updated: 31st May 2012 - First Published: 31st May 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 10th March 2015 - First Published: 28th May 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Holiday makers short changed

Updated: 25th May 2012 - First Published: 25th May 2012 Some holiday-makers are being short changed by currency providers, new research has uncovered. Read More...

Calls for Post Office to offer credit unions

Updated: 24th May 2012 - First Published: 24th May 2012 Credit union services should be greatly expanded through the UK by being included in the Post Office network, a new report has said. Read More...

Inflation falls from 3.5% to 3.0%

Updated: 22nd May 2012 - First Published: 22nd May 2012 Inflation figures released today show the Consumer Prices Index (CPI) fell during April, from 3.5% to 3.00%. Read More...

HMRC warns over email tax scams

Updated: 21st May 2012 - First Published: 21st May 2012 HM Revenue & Customs (HMRC) is warning people to be aware of new email scams designed to trick them into giving up their bank details. Read More...

Money in a Minute

Updated: 17th May 2012 - First Published: 17th May 2012 Welcome to Money in a Minute, your one-stop-shop for the best new personal finance products on the market. Read More...

Give us your views on your IFA’s service

Updated: 31st December 2012 - First Published: 15th May 2012 The face of independent financial advice is to change significantly next year, but Moneyfacts.co.uk wants to know which advisers are already excelling with their levels of service. Read More...

Awareness of FSCS needs boosting, say MPs

Updated: 15th May 2012 - First Published: 15th May 2012 Better information about the Financial Services Compensation Scheme (FSCS) would improve public confidence in their savings, MPs have said. Read More...

3.5 million in line for tax rebate

Updated: 14th May 2012 - First Published: 14th May 2012 Up to 3.5 million people are to receive a tax rebate this year, while more than 1.5 million will be hit with a tax bill. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 10th May 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings, mortgage and loan markets. Read More...

April showers put dampener on retail sales

Updated: 09th May 2012 - First Published: 09th May 2012 The miserable weather in April proved to be a wash-out for retail sales, new figures show. Read More...

Recession bites for more than one million

Updated: 08th May 2012 - First Published: 08th May 2012 The double dip recession has hit more than one million more households since the downturn began last autumn. Read More...

Money in a Minute

Updated: 03rd May 2012 - First Published: 03rd May 2012 Welcome to this week’s Money in a Minute - your one-stop-shop for the best new personal finance products on the market. Read More...

Confusion reigns over Continuous Payments

Updated: 02nd May 2012 - First Published: 02nd May 2012 Consumers are being forced to go overdrawn or be charged for something they no longer want because of confusion over Continuous Payments, it has been found. Read More...

Give us your views on your IFA’s service

Updated: 01st May 2012 - First Published: 01st May 2012 The face of independent financial advice is to change significantly next year, but Moneyfacts.co.uk wants to know which advisers are already excelling with their levels of service. Read More...

Give us your views on your IFA’s service

Updated: 01st August 2013 - First Published: 27th April 2012 The face of independent financial advice is to change significantly next year, but Moneyfacts.co.uk wants to know which advisers are already excelling with their levels of service. Read More...

Money in a Minute

Updated: 27th April 2012 - First Published: 27th April 2012 Welcome to the Money Masterclass, your one-stop-shop for the best new personal finance products on the market. Read More...

Number of fivers in ATMs soars

Updated: 26th April 2012 - First Published: 26th April 2012 The initiative to dramatically increase the number of £5 notes has been deemed a success by the Bank of England. Read More...

Banking police thwart fraudsters to tune of £400m

Updated: 25th April 2012 - First Published: 25th April 2012 Ten years since it was established, the banking industry police has managed to thwart fraudsters to the tune of £400 million. Read More...

FSA contacts 77,000 people to warn over conmen

Updated: 24th April 2012 - First Published: 24th April 2012 Around 77,000 people are to be contacted by the Financial Services Authority (FSA) to let them know they are being targeted by financial conmen. Read More...

Product focus: Fixed rate bonds

Updated: 24th April 2012 - First Published: 24th April 2012 There has been a surge of changes to fixed rate bonds this week. Savers looking for a decent return over a medium to long term may consider one of the many fixed savings bonds on the market today. Read More...

Consumers encouraged to claim back PPI

Updated: 23rd April 2012 - First Published: 23rd April 2012 Consumers are being encouraged to shun claims companies and make payment protection insurance (PPI) claims on their own. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 20th April 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings, mortgage and loan markets. Read More...

HMRC urges people to send their late tax returns

Updated: 19th April 2012 - First Published: 19th April 2012 People who are still yet to send back their 2010/11 tax returns have been warned they will soon start to be charged daily penalties. Read More...

Boiler room tactics becoming less successful

Updated: 17th April 2012 - First Published: 17th April 2012 Boiler rooms are making greater efforts to con consumers, but are having less luck, encouraging new figures show. Read More...

Give us your views on your IFA’s service

Updated: 17th January 2013 - First Published: 16th April 2012 The face of independent financial advice is to change significantly next year, but Moneyfacts.co.uk wants to know which advisers are already excelling with their levels of service. Read More...

Money in a Minute

Updated: 13th April 2012 - First Published: 13th April 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Consumer protection reformed

Updated: 12th April 2012 - First Published: 12th April 2012 The make-up of consumer protection in the UK is to change, with Citizens Advice at the frontline of the new service, it has been confirmed. Read More...

Should you buy up first and second class stamps?

Updated: 25th May 2017 - First Published: 12th April 2012 The price of postage is going up significantly from the end of April 2012. So should you buy first and second class stamps before the price rises take effect? Read More...

Give us your views on your IFA’s service

Updated: 17th January 2013 - First Published: 10th April 2012 The face of independent financial advice is to change significantly next year, but Moneyfacts.co.uk wants to know which advisers are already excelling with their levels of service. Read More...

Money in a Minute

Updated: 05th April 2012 - First Published: 05th April 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

PM launches Big Society fund

Updated: 04th April 2012 - First Published: 04th April 2012 David Cameron launched the Big Society fund this morning, pledging £600 million for charities, community groups and other enterprises. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 30th March 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 23rd March 2012 - First Published: 23rd March 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Budget: Poorer families just £33 better off

Updated: 22nd March 2012 - First Published: 22nd March 2012 Poorer working families could be just more than £30 a year better off after yesterday’s Budget – despite the increase in the personal allowance, it is claimed. Read More...

Record year for cash machines

Updated: 14th December 2012 - First Published: 19th March 2012 2011 was a record year for cash machine withdrawals in the UK, beating the previous high in 2008. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 16th March 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Consumer Moneyfacts Awards – meet the winners

Updated: 15th March 2012 - First Published: 14th March 2012 You can now download the full list of winners from the 2012 Consumer Moneyfacts Awards which was decided by tens of thousands of public votes. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 09th March 2012 Welcome to your weekly dose of the best new products to hit the personal finance market, Money in a Minute. Read More...

Fraudsters look to older money scams

Updated: 07th March 2012 - First Published: 07th March 2012 Money fraudsters appear to be turning away from online and card fraud, instead relying on older methods to steal money. Read More...

Britons gifting the taxman £12bn a year

Updated: 14th December 2012 - First Published: 02nd March 2012 Britons are set to gift the taxman more than £12 billion this year, new figures have revealed. Read More...

Money in a Minute

Updated: 28th June 2017 - First Published: 02nd March 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 23rd February 2012 - First Published: 23rd February 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

850,000 face fine for late tax returns

Updated: 20th February 2012 - First Published: 20th February 2012 Around 850,000 people face paying out £100 after failing to meet the tax return deadline. Read More...

Money in a Minute

Updated: 17th February 2012 - First Published: 17th February 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

PPI claimants urged to approach FSCS direct

Updated: 13th February 2012 - First Published: 13th February 2012 Consumers who think they have been mis-sold payment protection insurance (PPI) have been urged to approach the Financial Services Compensation Scheme (FSCS) direct rather than through a claims management firm. Read More...

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Updated: 10th March 2015 - First Published: 10th February 2012 Welcome to your weekly dose of the best new products to hit the personal finance market, Money in a Minute. Read More...

More than one million to face tax return fine

Updated: 06th February 2012 - First Published: 06th February 2012 A record number of people returned their tax forms on time this year, although more than a million still face a fine after missing the deadline. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 03rd February 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

FLA delivers new rights for borrowers

Updated: 14th December 2012 - First Published: 01st February 2012 Consumers are to benefit from new rights and protection for short-term loans and store cards. Read More...

Claims companies dominate PPI claims to FSCS

Updated: 31st August 2017 - First Published: 30th January 2012 The vast majority of claims made for mis-selling of payment protection insurance (PPI) are being made by claims management companies. Read More...

And the winners are…….

Updated: 27th January 2012 - First Published: 27th January 2012 The winners of the Consumer Moneyfacts Awards were announced last night at the HAC in London. Read More...

CMA £1,000 winner reveals her joy

Updated: 27th January 2012 - First Published: 27th January 2012 The winner of the £1,000 prize given to one of the voters in the Consumer Moneyfacts Survey has spoken of her joy. Read More...

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Updated: 26th January 2012 - First Published: 26th January 2012 Welcome to your weekly dose of the best new products to hit the personal finance market, Money in a Minute. Read More...

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Updated: 20th January 2012 - First Published: 20th January 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 13th January 2012 - First Published: 13th January 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

HMRC issues phishing scam warning

Updated: 04th August 2017 - First Published: 10th January 2012 HM Revenue & Customs (HMRC) is warning taxpayers not to fall victim to ‘phishing’ emails sent out by fraudsters in the run-up to the self-assessment deadline of 31 January. Read More...

Taxpayers facing multi-million £ tax penalties

Updated: 09th January 2012 - First Published: 09th January 2012 Taxpayers face paying out hundreds of millions of pounds in penalties over filing their tax-returns late. Read More...

Money in a Minute

Updated: 06th January 2012 - First Published: 06th January 2012 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings, mortgage and loans markets. Read More...

Shake-up gives credit unions more powers

Updated: 04th January 2012 - First Published: 04th January 2012 Credit unions will soon be able to offer their services to more people as a result of a shake-up of existing rules. Read More...

People targeting a financially prosperous 2012

Updated: 04th January 2012 - First Published: 04th January 2012 Managing finances better and getting into the savings habit are among the most popular New Year’s resolutions. Read More...

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Updated: 10th March 2015 - First Published: 03rd January 2012 Welcome to your weekly dose of the best new products to hit the personal finance market, Money in a Minute. Read More...

Quicker payment times on the way

Updated: 14th December 2012 - First Published: 29th December 2011 Quicker internet and phone banking payments are set to become standard from the beginning of next year. Read More...

Rent-to-own deals ‘morally bankrupt’

Updated: 30th December 2011 - First Published: 29th December 2011 Deals where consumers pay for goods over a period of time and end up owning them out right – known as rent-to-buy – have been described as morally bankrupt. Read More...

Businesses to benefit from dormant bank accounts

Updated: 28th December 2011 - First Published: 28th December 2011 Money taken from dormant bank accounts is to be used to fund a number of new businesses, it has been announced. Read More...

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Updated: 23rd December 2011 - First Published: 23rd December 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Britons ready for Christmas online shopping spree

Updated: 31st August 2017 - First Published: 22nd December 2011 People are set to fit in some online retail therapy around eating, drinking and being merry this Christmas Day. Read More...

‘No case’ for cheque guarantee cards

Updated: 20th December 2011 - First Published: 20th December 2011 The will be no return for the Cheque Guarantee Card Scheme after the Payments Council found there was ‘no case’ for a reprieve. Read More...

Consumers to get a fairer deal on travel money

Updated: 20th December 2011 - First Published: 20th December 2011 Consumers will get a fairer deal when buying travel money and using their cards abroad under a new range of measures. Read More...

Money in a Minute

Updated: 16th December 2011 - First Published: 16th December 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 09th December 2011 - First Published: 09th December 2011 Welcome to your weekly dose of the best new products to hit the personal finance market, Money in a Minute. Read More...

Parents to spend £178 per child this Christmas

Updated: 14th August 2017 - First Published: 07th December 2011 Mums and dads will spend an average of £178 on presents and stocking fillers for each of their children this year. Read More...

2011 a year to forget for over-55s

Updated: 07th December 2011 - First Published: 07th December 2011 Many over-55s will be looking forward to seeing the back of 2011, with savings and income both in decline. Read More...

Britons fail to budget for the festive season

Updated: 19th December 2016 - First Published: 06th December 2011 Despite having 12 months to prepare, more than two in five of us have not budgeted or saved in advance for Christmas this year. Read More...

Money in a Minute

Updated: 14th December 2012 - First Published: 02nd December 2011 Welcome to your weekly dose of the best new products to hit the personal finance market, Money in a Minute. Read More...

Britons ‘borrowing more than ever’

Updated: 02nd December 2011 - First Published: 02nd December 2011 Rather than paying down their debts, Britons are actually borrowing more than ever, it is claimed. Read More...

All I want for Christmas is……….cash

Updated: 01st December 2011 - First Published: 01st December 2011 Forget oranges and chocolate coins for Christmas, many of us will receive cold hard cash in our stockings this year. Read More...

Time running out for VAT cheats

Updated: 01st December 2011 - First Published: 01st December 2011 VAT cheats have been warned that they have just one month to come clean, HM Revenue & Customs (HMRC) has said. Read More...

Consumer lending rises but not on the high street

Updated: 30th November 2011 - First Published: 30th November 2011 Consumer lending rose in September, but not on the high street, figures from the Financial and Leasing Association (FLA) show. Read More...

No end date for Bank of Mum and Dad

Updated: 30th November 2011 - First Published: 30th November 2011 The days when the bank of Mum and Dad closed for business once their children reached the age of 18 have all but disappeared. Read More...

Money in a Minute

Updated: 25th November 2011 - First Published: 25th November 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Chancellor urged to extend FTB stamp duty holiday

Updated: 24th November 2011 - First Published: 24th November 2011 The Government has been urged to extend the current stamp duty holiday for first time buyers beyond its current end date of March next year. Read More...

Clock ticking on Consumer Moneyfacts Survey voting

Updated: 21st November 2011 - First Published: 21st November 2011 Time is running out to make your voice heard in this year’s Consumer Moneyfacts Survey. Read More...

Money in a Minute

Updated: 31st December 2012 - First Published: 18th November 2011 Welcome to your weekly dose of the best new products to hit the personal finance market, Money in a Minute. Read More...

The Consumer Moneyfacts Survey runners and riders

Updated: 18th November 2011 - First Published: 18th November 2011 The Consumer Moneyfacts Survey has got off to a flying start with votes flooding in from all parts of the UK. Read More...

Potential reprieve for cheque guarantee cards

Updated: 16th November 2011 - First Published: 16th November 2011 A potential u-turn on the abolition of cheque guarantee cards could be in the works. Read More...

Inflation falls from 5.2% to 5.0%

Updated: 15th November 2011 - First Published: 15th November 2011 Inflation fell from 5.2% to 5.0% in October, the Office for National Statistics has revealed. Read More...

Money worries on the rise

Updated: 14th November 2011 - First Published: 14th November 2011 Almost half of people in the UK have admitted that their money worries have increased over the last six months. Read More...

‘Simpler vision’ for taxes unveiled

Updated: 14th November 2011 - First Published: 14th November 2011 A number of potential changes to the way personal taxes are handled have been unveiled by the Government. Read More...

Give us your money opinion, we could give you £1K

Updated: 11th November 2011 - First Published: 11th November 2011 How would you like to win £1,000 merely for having an opinion? Read More...

Money in a Minute

Updated: 11th November 2011 - First Published: 11th November 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

The Consumer Moneyfacts Survey: have your say!

Updated: 04th November 2011 - First Published: 04th November 2011 The Consumer Moneyfacts Survey is your chance to have your say on the financial products that are important to you. Read More...

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Updated: 10th March 2015 - First Published: 04th November 2011 This week's ‘Money in a Minute’ gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

People demand stronger financial watchdog

Updated: 03rd November 2011 - First Published: 03rd November 2011 The majority of people do not think that the Financial Services Authority (FSA) has done enough to help them. Read More...

New £50 note launched today

Updated: 24th August 2017 - First Published: 02nd November 2011 A new £50 note has been put into circulation today, the Bank of England has announced. Read More...

HMRC launches new tax crackdown

Updated: 31st October 2011 - First Published: 31st October 2011 Wealthy tax cheats are to be targeted by a new division of investigators that has been established by HM Revenue & Customs (HMRC). Read More...

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Updated: 10th March 2015 - First Published: 28th October 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 21st October 2011 - First Published: 21st October 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Tax rebates for millions, but others to be billed

Updated: 19th October 2011 - First Published: 19th October 2011 Millions of people are to receive rebates from HM Revenue & Customs (HMRC) for paying too much tax but many others are to be hit with bills having underpaid. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 14th October 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 10th March 2015 - First Published: 07th October 2011 Welcome to your weekly dose of the best new products to hit the personal finance market, Money in a Minute. Read More...

Fraudsters turn to old fashioned scams

Updated: 14th December 2012 - First Published: 05th October 2011 Banking fraud fell in the first half of 2011, but criminals are turning to old fashioned methods to scam people out of their cash. Read More...

Hot spell prompts cash withdrawal bonanza

Updated: 04th October 2011 - First Published: 04th October 2011 The UK’s Indian summer prompted people to withdraw cash en masse last Friday, as Britons prepared for a scorching weekend. Read More...

Treasury announces council tax freeze

Updated: 03rd October 2011 - First Published: 03rd October 2011 George Osborne has announced that it the Government extend the freeze on council tax for a second year in England. Read More...

Britons more committed to spending than saving

Updated: 03rd October 2011 - First Published: 03rd October 2011 People in the UK are still twice as committed to spending than saving, new figures have revealed. Read More...

New £50 note to be launched

Updated: 14th December 2012 - First Published: 30th September 2011 A new style £50 banknote is to be introduced into circulation from the beginning of November, the Bank of England has announced. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 30th September 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Improved rights for agency workers

Updated: 30th September 2011 - First Published: 30th September 2011 Agency workers are set to benefit from improved rights and privileges from tomorrow. Read More...

Lenders reported over poor payday loan practices

Updated: 26th September 2011 - First Published: 26th September 2011 The payday loans market has been slammed for being rife with poor practice, following a new investigation by Which?. Read More...

Money in a Minute

Updated: 23rd September 2011 - First Published: 23rd September 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings, mortgage and credit card markets. Read More...

Compensation warning over pre-paid cards

Updated: 22nd September 2011 - First Published: 22nd September 2011 Consumers have been warned they can not expect to receive compensation should the provider of their pre-paid card go bust. Read More...

Pensioners could get an unexpected tax sting

Updated: 21st September 2011 - First Published: 20th September 2011 Pensioners who started taking their state pension for the first time in 2010/11 could find themselves stung by an unexpected tax bill. Read More...

Self-assessors warned over ‘aggressive’ penalties

Updated: 16th September 2011 - First Published: 16th September 2011 Self-assessment taxpayers have been urged to start work on their 2010/11 Income Tax Returns if they want to avoid draconian penalties for filing late. Read More...

Money in a Minute

Updated: 19th September 2011 - First Published: 16th September 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

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Updated: 10th March 2015 - First Published: 09th September 2011 Welcome to your weekly dose of the best new products to hit the personal finance market, Money in a Minute. Read More...

HMRC warns VAT cheats to come forward

Updated: 23rd October 2017 - First Published: 07th September 2011 HM Revenue & Customs has set its sights on VAT cheats and has warned them to come forward before the end of the month. Read More...

Widespread confusion over payments in the UK

Updated: 05th September 2011 - First Published: 05th September 2011 Despite people using a variety of methods to make payments each day, there is a clear lack of knowledge about what common terms mean. Read More...

Warning over cost of consumer credit

Updated: 06th September 2011 - First Published: 05th September 2011 With UK household debt set to run past the £2 trillion mark in the next four years, the availability of affordable credit to people on low incomes is ever important. Read More...

Money in a Minute

Updated: 02nd September 2011 - First Published: 02nd September 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Financial risk-taking up among the young

Updated: 02nd September 2011 - First Published: 02nd September 2011 The economic downturn has made many people re-evaluate their money matters, but young people continue to take financial risks. Read More...

Families walk the financial tightrope

Updated: 31st August 2011 - First Published: 31st August 2011 Families are walking a financial tightrope as the cost of living rises while levels of debts have increased. Read More...

£215 million in PPI compensation paid out

Updated: 30th August 2011 - First Published: 30th August 2011 Customers who were mis-sold payment protection insurance (PPI) were paid out to the tune of £215 million in the first half of 2011. Read More...

Money in a Minute

Updated: 26th August 2011 - First Published: 26th August 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings, mortgage and personal loan markets. Read More...

Cheques set to remain as abolishment plans slammed

Updated: 14th December 2012 - First Published: 24th August 2011 The future of cheques seems secure after MPs slammed the attempts of the Payments Council to abolish the payment method. Read More...

Credit cards kept in pockets over recovery fears

Updated: 23rd August 2011 - First Published: 23rd August 2011 Households remain reluctant to borrow money as fears about the state of the economy continue to play on their minds, according to the UK’s high street banks. Read More...

Money in a Minute

Updated: 31st December 2012 - First Published: 18th August 2011 Today's 'Money in a Minute' showcases the best new launches in the savings and mortgage markets over the past week. Read More...

Kids prove recession proof as pocket money rises

Updated: 18th August 2011 - First Published: 18th August 2011 While adults in the UK and further afield are struggling with cut budgets and inflation, kids are laughing all the way to the bank, with pocket money increasing year-on-year. Read More...

Parents underestimating university costs

Updated: 14th December 2012 - First Published: 18th August 2011 Many parents are making an effort to set aside money for their children’s university education, but more than half underestimate the cost that comes with further study. Read More...

£8.5 billion in benefits to go begging

Updated: 15th August 2011 - First Published: 15th August 2011 Around £8.5 billion in tax credits and other benefits are set to go begging this year, as potential claimants miss out on money they are entitled to. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 12th August 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Cheques remain under threat, says charity

Updated: 08th August 2011 - First Published: 08th August 2011 The future of cheques remains in the balance with definite plans needed to restore the public’s faith in the payment option, it has been warned. Read More...

Money in a Minute

Updated: 05th August 2011 - First Published: 05th August 2011 Welcome to your weekly dose of the best new products to hit the personal finance market, Money in a Minute. Read More...

Employees feel the bite of the big pay freeze

Updated: 03rd August 2011 - First Published: 03rd August 2011 Just a quarter of workers in the UK have received a pay rise in 2011 so far, with many having to take a pay cut. Read More...

Half of people foresee ‘cashless society’

Updated: 14th December 2012 - First Published: 03rd August 2011 Over half of people in the UK think that cash and notes will become a thing of the past, new figures show. Read More...

PPI complaints flood in

Updated: 02nd August 2011 - First Published: 02nd August 2011 More than 900 complaints about payment protection insurance (PPI) are flooding into the Financial Ombudsman Service (FOS) every day. Read More...

‘Serious dissatisfaction’ with HMRC

Updated: 01st August 2011 - First Published: 01st August 2011 Both the public and tax professionals are seriously dissatisfied with the effectiveness of HMRC, a report has found. Read More...

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Updated: 10th March 2015 - First Published: 28th July 2011 Welcome to your weekly one-stop-shop of the best new personal finance products – Money in a Minute! Read More...

Insurance warning over summer holiday spending

Updated: 22nd July 2011 - First Published: 22nd July 2011 Parents have been urged not to cut back on their savings or cancel insurance policies, even though school summer holiday spending is set to soar. Read More...

Money in a Minute

Updated: 01st August 2011 - First Published: 22nd July 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings, mortgage and credit card markets. Read More...

Tax credit renewal warning as deadline nears

Updated: 21st July 2011 - First Published: 21st July 2011 Tax credit claimants have been reminded that they have just over a week to renew their claims before the 31 July deadline. Read More...

Average rent soars through £700 a month barrier

Updated: 15th July 2011 - First Published: 15th July 2011 The seemingly unstoppable rise in rental prices continued in June, with average monthly prices surging past the £700 barrier. Read More...

OFT to investigate deceptive online selling

Updated: 15th July 2011 - First Published: 15th July 2011 The Office of Fair Trading (OFT) is to investigate firms that charge people for services that are directly available from the Government at no cost or a lower cost. Read More...

Money in a Minute

Updated: 14th July 2011 - First Published: 14th July 2011 Today's 'Money in a Minute' showcases the best new launches in the savings and mortgage markets over the past week. Read More...

Cheque u-turn hailed as ‘victory for common sense’

Updated: 14th December 2012 - First Published: 13th July 2011 The decision to reverse the abolition of cheques by 2018 has been hailed as a victory for ‘common sense’ and ‘consumer choice’. Read More...

Cheques bounce back from oblivion

Updated: 14th December 2012 - First Published: 12th July 2011 The Payments Council has completed a u-turn by announcing that cheques will no longer be scrapped. Read More...

Inflation falls from 4.5% to 4.2%

Updated: 17th August 2011 - First Published: 12th July 2011 Inflation figures released today show the Consumer Prices Index (CPI) dropped during June from 4.5% to 4.2%. Read More...

Wide spread worry over impact of inflation

Updated: 11th July 2011 - First Published: 11th July 2011 Ahead of tomorrow’s latest figures on inflation, new figures have revealed widespread worry over the effects it is having on people’s finances. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 08th July 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Parents face soaring living costs

Updated: 05th July 2011 - First Published: 05th July 2011 Some families face a hike in living costs of almost a quarter this year, a report has warned. Read More...

Millions facing landlord problems

Updated: 04th July 2011 - First Published: 04th July 2011 Millions of people up and down the UK have faced problems with their landlords in recent times, with many feeling powerless. Read More...

FSCS pays out £535 million in compensation

Updated: 01st July 2011 - First Published: 01st July 2011 The Financial Services Compensation Scheme (FSCS) paid out compensation to the tune of £535 million in 2010/11. Read More...

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Updated: 10th March 2015 - First Published: 01st July 2011 Welcome to your weekly dose of the best new products to hit the personal finance market, Money in a Minute. Read More...

Debit cards beat cash

Updated: 30th June 2011 - First Published: 30th June 2011 People are increasingly shunning cash in favour of their debit cards, the Payments Council has revealed. Read More...

Travel firms told cut out hidden charges

Updated: 28th June 2011 - First Published: 28th June 2011 Travel firms have been told they must stop hitting customers that use debit cards with hidden charges. Read More...

Brits blow the bank for once in a lifetime trip

Updated: 28th June 2011 - First Published: 28th June 2011 Money is notoriously tight at the moment, but millions of Britons are still prepared to break the bank to enjoy an experience of a lifetime. Read More...

Cash remains king for consumers

Updated: 27th June 2011 - First Published: 27th June 2011 Increasingly cautious consumers are becoming more reluctant to spend money they have not got, according to the British Retail Consortium. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 24th June 2011 Welcome to this week’s Money in a Minute, your weekly rundown of the best new personal finance deals to hit the market. Read More...

The bell tolls for the Cheque Guarantee Scheme

Updated: 23rd June 2011 - First Published: 23rd June 2011 There is just one week left before the Cheque Guarantee Scheme is scrapped, consumers have been warned. Read More...

Consumers shy away from credit

Updated: 22nd June 2011 - First Published: 22nd June 2011 Consumers are shying away from borrowing, with only credit card lending holding steady. Read More...

Utility bills head money worries

Updated: 21st June 2011 - First Published: 21st June 2011 The vast majority of British adults are worried about the health of their finances, with utility bills leading the money worries. Read More...

Money in a minute

Updated: 17th June 2011 - First Published: 17th June 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Taxpayers warned over ‘phishy’ emails

Updated: 16th June 2011 - First Published: 16th June 2011 Taxpayers have been warned of a surge in fake ‘phishing’ emails sent out by fraudsters in the run-up to the tax credits renewal deadline. Read More...

How much money are you comfortable carrying?

Updated: 03rd October 2017 - First Published: 10th June 2011 We all get a touch of nerves when making a large transaction or withdrawing a wedge of notes, but how much is too much and when do the jitters really set in? Read More...

Rental costs continue to rise

Updated: 09th June 2011 - First Published: 09th June 2011 The woes for a generation that find buying their own home out of reach continue, with news that the cost of renting is to climb further. Read More...

Consumers offered free financial health check

Updated: 08th June 2011 - First Published: 08th June 2011 A new service from the Money Advice Service can give people a financial health check in just ten minutes. Read More...

Britons keep a tight grip on their money

Updated: 07th June 2011 - First Published: 07th June 2011 Consumers are becoming increasingly reluctant to spend money, with sales on the UK’s high streets suffering as a result. Read More...

Low and middle earners see wage increases dwindle

Updated: 06th June 2011 - First Published: 06th June 2011 The income gap between low and medium earners and professionals in the higher earning bracket has widened considerably in the last 30 years. Read More...

Money in a Minute

Updated: 03rd June 2011 - First Published: 03rd June 2011 Today's 'Money in a Minute' showcases the best new launches in the savings and mortgage markets over the past week. Read More...

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Updated: 10th March 2015 - First Published: 27th May 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Tax break plea as Tax Freedom Day nears

Updated: 27th May 2011 - First Published: 27th May 2011 Workers have been told to make the most of the tax breaks available to them as the day nears when people stop working for the Government and start working for themselves. Read More...

HMRC sets its focus on VAT cheats

Updated: 21st August 2017 - First Published: 20th May 2011 People and businesses that fiddle their VAT returns are to be targeted by HM Revenue & Customs (HMRC). Read More...

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Updated: 10th March 2015 - First Published: 20th May 2011 Today's 'Money in a Minute' showcases the best new launches in the savings and mortgage markets over the past week. Read More...

PPI disputes inflate consumer complaints

Updated: 18th May 2011 - First Published: 18th May 2011 The Financial Ombudsman Service (FOS) was inundated with a record number of complaints last year. Read More...

Equitable Life payout to begin in June

Updated: 17th May 2011 - First Published: 17th May 2011 The Government has announced that payouts to Equitable Life policyholders will begin next month. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 13th May 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage market. Read More...

Money in a Minute

Updated: 06th May 2011 - First Published: 06th May 2011 Our unbiased and impartial research team have scoured this week's new arrivals to pick out the very best products, and have delivered a cracking savings rate and a couple of eye-catching mortgages. Read More...

Households face £780 fall in disposable incomes

Updated: 03rd May 2011 - First Published: 03rd May 2011 UK households face a near £800 fall in their disposable incomes this year, as a combination of factors begin to take their toll. Read More...

Money in a Minute

Updated: 28th April 2011 - First Published: 28th April 2011 This week's 'Money in a Minute' gives you the lowdown on the best new launches in the savings and mortgage markets. Read More...

Don’t let the bank holidays ruin your pay

Updated: 26th April 2011 - First Published: 26th April 2011 People have been urged to check the timescales of bills, invoices and debts as the deluge of bank holidays plays havoc with the amount of time it will take for a cheque to clear. Read More...

Money in a Minute

Updated: 31st December 2012 - First Published: 21st April 2011 This week’s 'Money in a Minute' gives you the lowdown on the best new launches in the savings, mortgage and personal loans markets. Read More...

No fresh clues over when base rate will rise

Updated: 20th April 2011 - First Published: 20th April 2011 No new members of the Bank of England’s Monetary Policy Committee voted to increase base rate this month, further adding to the mystery as to when rates will start to rise. Read More...

Money in a Minute

Updated: 10th March 2015 - First Published: 15th April 2011 Today’s ‘Money in a Minute’ showcases the best new launches in the savings and mortgage markets over the past week. Read More...

Inquiry launched into abolition of cheques

Updated: 14th April 2011 - First Published: 14th April 2011 The future of cheques remains up in the air after another inquiry has been launched into the decision to phase them out by 2018. Read More...

Money Masterclass

Updated: 14th December 2012 - First Published: 07th April 2011 Welcome to your weekly one-stop-shop of the best new personal finance products – the Money Masterclass! Read More...

Minimum wage to increase to £6.08 an hour

Updated: 08th April 2011 - First Published: 07th April 2011 The minimum wage will increase across all age tiers in October, although adults will gain the most. Read More...

Rate rise could push homeowners into arrears

Updated: 06th April 2011 - First Published: 06th April 2011 Just a day before the Bank of England announces its latest decision on interest rates, it has been warned that a rise would push many homeowners into arrears. Read More...

Tenants face rush for properties

Updated: 06th April 2011 - First Published: 06th April 2011 People battling to rent a home currently have less than three weeks to secure the property they want. Read More...

Money Masterclass

Updated: 22nd September 2011 - First Published: 31st March 2011 Welcome to this week’s Money Masterclass where Moneyfacts.co.uk keeps you up-to-date with the latest product changes in the savings and mortgage worlds. Read More...

No new clues over when base rate will rise

Updated: 23rd March 2011 - First Published: 23rd March 2011 No new members of the Bank of England’s Monetary Policy Committee voted to increase base rate this month, further muddying the waters as to when rates will start to rise. Read More...

Chancellor unveils ‘Budget for growth’

Updated: 23rd March 2011 - First Published: 23rd March 2011 Petrol, pensions and personal allowances were all on the mind of George Osborne as the Government unveiled what it called a ‘Budget for growth’. Read More...

Rents rise for the first time in 2011

Updated: 18th March 2011 - First Published: 18th March 2011 Rents rose for the first time this year in February, with tenants facing a monthly bill of £684. Read More...

Money Masterclass

Updated: 17th March 2011 - First Published: 17th March 2011 Welcome to your weekly dose of the best new products to hit the personal finance market. Read More...

Consumer Moneyfacts Awards – the winners speak!

Updated: 15th March 2011 - First Published: 15th March 2011 The winners of the Consumer Moneyfacts Awards 2011 have spoken of their joy at being recognised for some of the finest products in personal finance. Read More...

Money Masterclass

Updated: 22nd September 2011 - First Published: 11th March 2011 Welcome to the Money Masterclass, your one-stop-shop for the best new personal finance products on the market. Read More...

Money Masterclass

Updated: 04th March 2011 - First Published: 04th March 2011 Welcome to the Money Masterclass, your one-stop-shop for the best new personal finance products on the market. Read More...

Money Masterclass

Updated: 25th February 2011 - First Published: 25th February 2011 Welcome to your weekly one-stop-shop of the best new personal finance products – the Money Masterclass! Read More...

Parents look away! Raising a child costs £210,000

Updated: 24th February 2011 - First Published: 24th February 2011 New parents of a nervous disposition should probably look away now as new figures show that raising a child to the age of 21 can cost more than £210,000! Read More...

Are consumers turning away from credit?

Updated: 24th February 2011 - First Published: 24th February 2011 The amount of credit given to consumers fell in 2010, with only car finance increasing last year. Read More...

Mortgage lending slumps year-on-year

Updated: 23rd February 2011 - First Published: 23rd February 2011 Mortgage lending has limped into the new year, with figures showing approvals for house purchases have fallen by almost a third year-on-year. The number of loans approved for buying a home fell by 29% in January. Read More...

Tax cheats face heavy scrutiny

Updated: 22nd February 2011 - First Published: 22nd February 2011 Tax cheats have been warned they face up to five years of heavy scrutiny from the taxman. Read More...

Money Masterclass

Updated: 22nd September 2011 - First Published: 17th February 2011 Today's Money Masterclass showcases the best new launches in the Savings Accounts world and Mortgage Markets. Read More...

Money Masterclass

Updated: 11th February 2011 - First Published: 10th February 2011 Today’s Money Masterclass showcases the best new deals in the savings and mortgage markets. Read More...

Money Masterclass - our gift to you!

Updated: 03rd February 2011 - First Published: 03rd February 2011 Welcome to your weekly dose of the best new products to hit the personal finance market. Read More...

The winner tells it all

Updated: 03rd February 2011 - First Published: 03rd February 2011 The winner of the £1,000 Consumer Money Survey prize draw has spoken of her joy of being told of her windfall. Read More...

MPs call for compulsory financial education

Updated: 01st February 2011 - First Published: 01st February 2011 More than 120 MPs from all parties have joined together to call for the introduction of compulsory financial education in UK schools. Read More...

Consumers encouraged to expose scam artists

Updated: 01st February 2011 - First Published: 01st February 2011 Consumers are being urged to help expose con-artists, as new figures show that many people are still falling for money scams. Read More...

Consumer Moneyfacts Awards 2011 winners announced!

Updated: 28th January 2011 - First Published: 28th January 2011 The winners of the Consumer Moneyfacts Awards were announced last night at the Guoman Tower Hotel in London. Read More...

Money Masterclass

Updated: 27th January 2011 - First Published: 27th January 2011 Welcome to the Money Masterclass, your weekly rundown of the finest new personal finance deals to be launched. Read More...

Rents fall for the first time in 11 months

Updated: 21st January 2011 - First Published: 21st January 2011 Rents fell for the first time in 11 months in December, with the Christmas period coinciding with a surge in people struggling to pay their landlords. Read More...

Money Masterclass: savings & mortgages

Updated: 20th January 2011 - First Published: 20th January 2011 Welcome to this week’s Money Masterclass, your weekly rundown of the very best new financial products to hit the market. Read More...

Money Masterclass

Updated: 14th December 2012 - First Published: 14th January 2011 Welcome to the Money Masterclass, your one-stop-shop for the best new personal finance products on the market. Read More...

Tax Freedom Day 2011 revealed…

Updated: 10th January 2011 - First Published: 10th January 2011 The day in 2011 when British workers stop having to pay tax to the Government and start working to line their own pockets has been revealed by the Adam Smith Institute. Read More...

Money Masterclass

Updated: 14th December 2012 - First Published: 06th January 2011 Welcome to the first Money Masterclass of the New Year, your one-stop-shop for the best new personal finance products on the market. Read More...

Consumers seek retirement planning in their droves

Updated: 06th January 2011 - First Published: 06th January 2011 Retirement was by far the most popular reason for seeking financial advice in 2010. Almost four in ten (37%) searches for financial advice by consumers were for retirement planning last year. Read More...

Landlords prepare to raise rents

Updated: 04th January 2011 - First Published: 04th January 2011 Tenants could well be hit with rises from their landlords in 2011, with more than four in ten planning on charging more this year. Read More...

Moneyfacts Money Masterclass

Updated: 30th December 2010 - First Published: 30th December 2010 This week’s seasonal Moneyfacts Money Masterclass is a real festive treat, detailing the finest new savings accounts, mortgages, credit cards and loans. Read More...

Money Masterclass

Updated: 23rd December 2010 - First Published: 23rd December 2010 The Moneyfacts.co.uk Money Masterclass showcases the best of the latest products to hit the consumer finance market. Read More...

Cheque users refuse to checkout

Updated: 21st December 2010 - First Published: 21st December 2010 The decision to announce a target date to abolish cheques was taken last year, and the Payments Council says it is currently working on identifying and delivering alternatives. Read More...

Product focus: Mortgages

Updated: 22nd December 2010 - First Published: 21st December 2010 Bank base rate was reduced to 0.50% in March 2009 and the forecast from many financial analysts is that it will remain at its record low level for most, if not all, of 2011. Read More...

Scottish Equitable to compensate customers £60m

Updated: 16th December 2010 - First Published: 16th December 2010 Thousands of Scottish Equitable pension policyholders are to be compensated for errors made during its administrative processes. Read More...

Britons taking control of their finances

Updated: 16th December 2010 - First Published: 16th December 2010 Britons have been credited with emerging from the recession with a refreshed attitude towards their finances. Read More...

Money Masterclass

Updated: 16th December 2010 - First Published: 16th December 2010 Welcome to your weekly one-stop-shop of the best new personal finance products – the Money Masterclass! Read More...

Students overcharged £15m for their loans

Updated: 15th December 2010 - First Published: 15th December 2010 The Student Loans Company (SLC) has been found to have continued to take money from some students who had already fully repaid their student loans. Read More...

Shoppers to save £1bn by beating VAT rise

Updated: 14th December 2012 - First Published: 15th December 2010 Consumers are sensibly planning to make big ticket purchases before 4 January 2011 in order to beat the increase in VAT which comes into force in the new year. Read More...

Parents urged to consider childcare vouchers

Updated: 01st February 2011 - First Published: 14th December 2010 Parents who have not signed up for childcare vouchers have been told they could be missing out on thousands of pounds of savings. Read More...

Households still struggling with finances

Updated: 13th December 2010 - First Published: 13th December 2010 Low interest rates have failed to boost the finances of UK households, according to a new survey conducted on behalf of the Bank of England. Read More...

Online shoppers to be afforded greater protection

Updated: 10th December 2010 - First Published: 10th December 2010 UK shoppers that buy their goods online are set to benefit from greater protection. Read More...

Money Masterclass

Updated: 09th December 2010 - First Published: 09th December 2010 Welcome to your weekly one-stop-shop of the best new personal finance products – the Money Masterclass! Read More...

FSA warns over boiler room hit list

Updated: 08th December 2010 - First Published: 08th December 2010 The Financial Services Authority (FSA) has contacted more than 49,000 people to warn them that they are on a list used by fraudsters. Read More...

Britons race to beat the January VAT rise

Updated: 08th December 2010 - First Published: 08th December 2010 Millions of Britons intend to hit the UK’s high streets in the coming weeks in a bid to beat the impending rise in VAT. Read More...

VAT a mystery to one in five

Updated: 07th December 2010 - First Published: 07th December 2010 Despite the imminent rise in the rate of VAT, there is a worrying lack of knowledge about the tax. Read More...

OFT warns retailers over misleading price offers

Updated: 03rd December 2010 - First Published: 03rd December 2010 Retailers have been warned that they should not be misleading consumers with over complicated price offers. Read More...

Cash no longer king as debit cards take over

Updated: 03rd December 2010 - First Published: 03rd December 2010 Once the unrivaled payment method of choice for Britons, cash was overtaken by debit cards this summer. Read More...

Parents plan to shell out billions on presents

Updated: 03rd December 2010 - First Published: 03rd December 2010 Parents are planning a spending bonanza this Christmas, with some £2 billion spent on presents. Read More...

Money Masterclass

Updated: 02nd December 2010 - First Published: 02nd December 2010 Welcome to your weekly Money Masterclass, where we at Moneyfacts.co.uk bring the best new financial products to you. Read More...

Grandparents to spend, spend, spend this Christmas

Updated: 28th September 2017 - First Published: 02nd December 2010 Grandparents will not let the sluggish economy get in their way this Christmas, as many plan to maintain their spending this festive season. Read More...

Rents rise as demand outstrips supply

Updated: 02nd December 2010 - First Published: 01st December 2010 Against a backdrop of falling house prices, the cost of renting continued to increase in the third quarter of the year. Read More...

Household spending fell in 2009

Updated: 30th November 2010 - First Published: 30th November 2010 Household spending fell during 2009 for the first time in a decade, figures from the Office for National Statistics (ONS) show. The average UK household cut its weekly outlay from £471 in 2008 to £455 last year. Read More...

The consumer credit landscape remains barren

Updated: 30th November 2010 - First Published: 30th November 2010 The consumer credit market continues to stagnate, as new figures show that lending fell by 6% in September. Read More...

Money Masterclass

Updated: 26th November 2010 - First Published: 26th November 2010 Welcome to your weekly run down of the best new savings accounts and mortgages on the personal finance market. Read More...

Hurry, the Consumer Money Survey closes today!

Updated: 26th November 2010 - First Published: 26th November 2010 There is just one day left to vote in the Consumer Money Survey and put yourself in with a chance of winning £1,000. Read More...

Last chance to vote in the Consumer Money Survey

Updated: 25th November 2010 - First Published: 25th November 2010 If you haven’t yet registered your vote in the Consumer Money Survey and given yourself the chance to win £1,000, you have just two days left to do so. Read More...

Consumer Money Survey: Make your voice heard

Updated: 08th November 2017 - First Published: 24th November 2010 The Consumer Money Survey is your chance to have your say on the financial products that are important to you. Read More...

Women take the lead in money management

Updated: 23rd November 2010 - First Published: 23rd November 2010 In an ‘age of austerity’ women are leading the way when it comes to money management, a recent poll suggests. Read More...

Your Consumer Money Survey vote could be worth £1K

Updated: 07th January 2011 - First Published: 23rd November 2010 By letting us know your opinion in the Consumer Money Survey you could give yourself three chances to win £1,000! Read More...

Consumer Money Survey: Who’s hot and who’s not

Updated: 22nd November 2010 - First Published: 22nd November 2010 Moneyfacts.co.uk is giving consumers a chance to judge on who's hot and who's not in the personal finance industry. Read More...

Consumer Money Survey: Where will your vote go?

Updated: 19th November 2010 - First Published: 19th November 2010 The Consumer Money Survey has proved to be one of the hottest tickets in town, with thousands of people making their voices heard during the first weeks of voting. Read More...

Consumer Money Survey: Make your voice heard

Updated: 18th November 2010 - First Published: 18th November 2010 The Consumer Money Survey is your chance to have your say on the financial products that are important to you. Read More...

Money Masterclass: savings & mortgages

Updated: 18th November 2010 - First Published: 18th November 2010 The Moneyfacts.co.uk Money Masterclass showcases the best of the latest products to hit the consumer finance market. Read More...

Your Consumer Money Survey vote could be worth £1K

Updated: 17th November 2010 - First Published: 17th November 2010 By letting us know your opinion in the Consumer Money Survey you could give yourself three chances to win £1,000! Read More...

Consumer Money Survey: Who’s hot and who’s not

Updated: 16th November 2010 - First Published: 16th November 2010 Moneyfacts.co.uk is giving consumers a chance to judge on who's hot and who's not in the personal finance industry. Read More...

Consumer Money Survey: Where will your vote go?

Updated: 15th November 2010 - First Published: 15th November 2010 The Consumer Money Survey has proved to be one of the hottest tickets in town, with thousands of people making their voices heard during the first weeks of voting. Read More...

The cost of running a home has fallen

Updated: 14th December 2012 - First Published: 15th November 2010 In the past two years the cost of running a home has dropped significantly, new analysis has revealed. In 2010, it costs the average British household £8,059 per year in running costs. Read More...

Consumer Money Survey: Make your voice heard

Updated: 12th November 2010 - First Published: 12th November 2010 The Consumer Money Survey is your chance to have your say on the financial products that are important to you. Read More...

Confidence in UK slips further

Updated: 15th November 2010 - First Published: 12th November 2010 Consumer confidence slipped to its lowest level in more than a year in October, reflecting the worries millions of Britons have over the future of the UK economy. Read More...

Your Consumer Money Survey vote could be worth £1K

Updated: 07th January 2011 - First Published: 11th November 2010 By letting us know your opinion in the Consumer Money Survey you could give yourself three chances to win £1,000! Read More...

Millions living beyond their means

Updated: 04th September 2017 - First Published: 11th November 2010 Millions of people are living well beyond their means by spending more than they earn, new figures show. Read More...

Money Masterclass

Updated: 12th November 2010 - First Published: 11th November 2010 In the second instalment of the Money Masterclass, Moneyfacts.co.uk brings you the best new personal finance products. Read More...

Consumer Money Survey: Make your voice heard

Updated: 10th November 2010 - First Published: 10th November 2010 The Consumer Money Survey is your chance to have your say on the financial products that are important to you. Read More...

Moneyfacts Consumer Money Survey is in full swing

Updated: 09th November 2010 - First Published: 09th November 2010 The Consumer Money Survey is in full swing with thousands of votes cast since it was opened last week. Read More...

Consumer Money Survey: Who’s hot and who’s not

Updated: 08th November 2010 - First Published: 08th November 2010 Moneyfacts.co.uk is giving consumers a chance to judge on who's hot and who's not in the personal finance industry. Read More...

Money Masterclass

Updated: 05th November 2010 - First Published: 05th November 2010 Welcome to the Money Masterclass, a weekly showcase of the best new personal finance deals. Every Thursday, Moneyfacts.co.uk will give a run down of the finest new saving accounts, mortgage deals, credit cards, personal loans and more. Read More...

Consumer Money Survey: Where will your vote go?

Updated: 05th November 2010 - First Published: 05th November 2010 The Consumer Money Survey has proved to be one of the hottest tickets in town, with thousands of people making their voices heard during the first weeks of voting. Make your voice heard and win one of three £1000 cash prizes. Read More...

Consumer Money Survey: Make your voice heard

Updated: 04th November 2010 - First Published: 04th November 2010 The Consumer Money Survey is your chance to have your say on the financial products that are important to you. Read More...

Your Consumer Money Survey vote could be worth £1K

Updated: 03rd November 2010 - First Published: 03rd November 2010 By letting us know your opinion in the Consumer Money Survey you could give yourself three chances to win £1,000! Read More...

Consumer Money Survey: Who’s hot and who’s not

Updated: 01st November 2010 - First Published: 01st November 2010 Moneyfacts.co.uk is giving consumers a chance to judge on who’s hot and who’s not in the personal finance industry. Read More...

Call for minimum wage to be increased

Updated: 07th July 2017 - First Published: 29th October 2010 The Trade Union Congress (TUC) has said that it will call for an increase in the minimum wage next week. Read More...

Consumer Money Survey: Where will your vote go?

Updated: 29th October 2010 - First Published: 29th October 2010 The Consumer Money Survey has got off to a blistering start, with hundreds of people making their voices heard during the first days of voting. Read More...

Consumer Money Survey: Make your voice heard

Updated: 28th October 2010 - First Published: 28th October 2010 The Consumer Money Survey is your chance to have your say on the financial products that are important to you. Read More...

Your Consumer Money Survey vote could be worth £1K

Updated: 27th October 2010 - First Published: 27th October 2010 By letting us know your opinion in the Consumer Money Survey you could give yourself three chances to win £1,000! Read More...

Spending Review: £1.5bn Equitable Life payout

Updated: 04th April 2011 - First Published: 21st October 2010 More details have emerged regarding the compensation payments for Equitable Life policyholders following yesterday’s comprehensive spending review. Read More...

New advice issued over HMRC tax blunder

Updated: 13th October 2010 - First Published: 13th October 2010 People who have received a letter from HM Revenue and Customs (HMRC) after paying the wrong amount of tax have been urged to check the new figures are correct. Read More...

Students slam unlimited university fee proposal

Updated: 12th October 2010 - First Published: 12th October 2010 The Government has been warned against handing universities ‘a blank cheque’ after an independent review recommended universities in England should be allowed to charge any level of tuition fees. Read More...

More options for buy-to-let borrowers

Updated: 08th October 2010 - First Published: 08th October 2010 While conditions for buy-to-let (BTL) investors are still far removed from the heady days of 2007, there are some signs of promise in the market. Read More...

Financial products are supermarket sweet

Updated: 08th October 2010 - First Published: 08th October 2010 Until recently, the thought of applying for a financial product from a supermarket would have seemed as absurd as dropping in at your bank branch to pick up a loaf and some milk. Read More...

A generation ‘forced to rent’

Updated: 06th October 2010 - First Published: 06th October 2010 A generation are putting their mortgage dreams on hold and are being forced to rent, according to new figures. Read More...

Child benefit to be cut

Updated: 02nd October 2017 - First Published: 04th October 2010 Parents paying the higher rate of tax will have their child benefits cut from 2013, the Chancellor has said. Read More...

Consumers look to pay off debts

Updated: 29th September 2010 - First Published: 29th September 2010 Consumers are increasingly looking to pay down their debts, rather than take out new credit, figures from the Bank of England show. Read More...

Britons struggling to make it to payday

Updated: 21st September 2010 - First Published: 21st September 2010 The British public are finding it increasingly difficult to stretch their wages across a full month. Read More...

Rental costs soar to two year high

Updated: 16th September 2010 - First Published: 17th September 2010 Landlords have increased rental prices to their highest level for two years, as people shy away from buying a home Read More...

Five minute finance: Beating the base rate

Updated: 13th September 2010 - First Published: 13th September 2010 The Bank of England decided to keep the base rate at its historic low of 0.50% for the eighteenth month in a row last week. Read More...

Britons turn to plastic as cheque usage falls

Updated: 09th September 2010 - First Published: 09th September 2010 Consumers are increasingly shunning their chequebooks in favour of their debit cards. Read More...

Crackdown on rogue landlords

Updated: 08th September 2010 - First Published: 08th September 2010 Rogue landlords have been cast into the spotlight, after an investigation found that a small but dangerous group are having an adverse effect on private renters. Read More...

Bank urged to keep interest rates low

Updated: 06th September 2010 - First Published: 06th September 2010 The Bank of England has been told it must keep interest rates low while the economy remains fragile. Read More...

Six million affected by tax blunder

Updated: 06th September 2010 - First Published: 06th September 2010 A computer error has meant that around six million people in the UK could have been paying the wrong amount of tax over the past two years. Read More...

More fivers to be stocked in cash machines

Updated: 03rd September 2010 - First Published: 03rd September 2010 More £5 notes are to be stocked in cash machines, it has been revealed. Read More...

Gloomy outlook for household finances

Updated: 23rd August 2010 - First Published: 23rd August 2010 Whilst the economy may be slowly improving, household finance seems rooted in negative territory. Read More...

Renters warned to expect further price rises

Updated: 20th August 2010 - First Published: 20th August 2010 The cost of renting property in the UK continues to rise, with renters being warned that the trend is unlikely to change any time soon. Read More...

Bank of Mum and Dad calls in debts

Updated: 20th August 2010 - First Published: 20th August 2010 Recession-hit parents are turning to their grown-up children to help them through the tough times. Read More...

Warning over taxman phone call scam

Updated: 20th July 2017 - First Published: 13th August 2010 Taxpayers have been told to be vigilant following reports that thieves are making phone calls pretending to be the taxman. Read More...

Treasury rebuffs idea for direct EU taxes

Updated: 10th August 2010 - First Published: 10th August 2010 The EU wants to push through plans that would give it the right to levy taxes directly from its member states and their citizens, including in the UK. Read More...

Strong pound boosts holiday spending power

Updated: 05th August 2010 - First Published: 05th August 2010 Many Britons set to holiday in foreign climes this summer will be buoyed by the news that the strong pound will go further than it did last year. Read More...

Social media used to choose financial services

Updated: 03rd August 2010 - First Published: 03rd August 2010 Social media is playing a larger role than ever when it comes to how people choose their financial services. Read More...

Equitable Life compensation plans questioned

Updated: 27th July 2010 - First Published: 27th July 2010 The Parliamentary Ombudsman has criticised the plans for compensation for those affected by the near collapse of Equitable Life. Read More...

Urgency required as tax credit deadline nears

Updated: 27th July 2010 - First Published: 26th July 2010 People who claim tax credits have been warned to renew their claims by the end of the month, or their payments will be stopped. Read More...

Equitable Life payments to be made next year

Updated: 22nd July 2010 - First Published: 22nd July 2010 Savers who lost money from the near collapse of Equitable Life have been told they can expect to receive some compensation next year. Read More...

More than £204m paid out in compensation by FSCS

Updated: 22nd July 2010 - First Published: 22nd July 2010 Consumers were paid out to the tune of more than £204 million by the Financial Services Compensation Scheme in 2009/10. Read More...

Demand for rental property marches on

Updated: 20th July 2010 - First Published: 20th July 2010 While the mortgage market is going through something of a slump, the rental sector appears to be enjoying a period of sustained growth. Read More...

Tax credit deadline edges nearer

Updated: 15th July 2010 - First Published: 15th July 2010 Tax credit claimants have been warned they must renew their claims by the end of the month if they don’t want their payments to stop. Read More...

£14,400 needed for minimum standard of living

Updated: 06th July 2010 - First Published: 06th July 2010 It is getting harder for people on low incomes to achieve a minimum standard of living. Read More...

£5 cash machines will help people budget better

Updated: 30th June 2010 - First Published: 30th June 2010 The roll out of cash machines across the UK that only distribute £5 notes will help people to better manage their money. Read More...

Last day for the Elgar £20 note

Updated: 20th September 2017 - First Published: 30th June 2010 Today marks the last day that the Elgar £20 banknote will have be accepted in shops. Read More...

Are some banks foreign to you?

Updated: 06th July 2015 - First Published: 28th June 2010 Have you ever checked our best buy charts and not recognised the names of some of the banks listed? Read More...

Five minute finance: Savers’ saviour

Updated: 29th June 2010 - First Published: 28th June 2010 Activity in the savings market remains slow as providers digest the impact from last week’s Budget. Read More...

Are you an ostrich when it comes to your finances?

Updated: 24th June 2010 - First Published: 24th June 2010 UK adults have been likened to ostriches after it was suggested that people are not as good at keeping their personal finances in check as they might think. Read More...

Consumers prefer to pay off debt than save

Updated: 23rd June 2010 - First Published: 23rd June 2010 Consumers are choosing to use their spare cash to pay off credit cards and loans rather than save. Read More...

The ‘Unavoidable’ Budget

Updated: 22nd June 2010 - First Published: 22nd June 2010 Details of an emergency Budget predicted to contain some of the toughest measures since the end of the Second World War have been announced by the new Chancellor of the Exchequer. Read More...

Time to check those £20 notes

Updated: 17th June 2010 - First Published: 17th June 2010 Now might be a good time to have a rummage down the back of the sofa, as the deadline for when the £20 Elgar banknote ceases to become legal tender is fast approaching Read More...

The secret to happiness? Financial planning

Updated: 16th June 2010 - First Published: 16th June 2010 For years, it has been said that money can’t make you happy, but new research suggests that financial planning can. Read More...

Five minute finance: Savings & mortgages

Updated: 14th June 2010 - First Published: 14th June 2010 Since the start of June the savings market has been a hive of activity. Two thirds of all changes remain on fixed rates, with bonds requiring a two or three year commitment seeing the biggest cuts of up to 0.50%. Read More...

England fans given World Cup money warning

Updated: 14th June 2010 - First Published: 14th June 2010 With potentially seven million England fans set to travel to South Africa if their team reaches the latter stages of the tournament, travellers have been urged not to score a foreign money own goal. Read More...

Love birds having to pay for their wedding days

Updated: 04th June 2010 - First Published: 04th June 2010 Engaged couples hoping that their parents will foot the bill for their wedding day could well be disappointed, after it was revealed that more and more love birds are having to foot the bill. Read More...

Personal debt soars

Updated: 03rd June 2010 - First Published: 03rd June 2010 A snapshot of the UK’s personal finances has revealed that individuals owe more than the whole country produces in a year. Read More...

Five minute finance: Savings and mortgages

Updated: 01st June 2010 - First Published: 01st June 2010 The balance between mortgage and savings rates is a delicate one and as providers focus falls on one area of the market, the other often suffers. Read More...

Have your financial priorities changed?

Updated: 26th May 2010 - First Published: 26th May 2010 The financial priorities of UK households continue to change as the fallout from the recession lingers on. Read More...

‘Fair’ payments for Equitable Life policyholders

Updated: 25th May 2010 - First Published: 25th May 2010 The new coalition government has pledged to make fair and transparent compensation payments to around one million policyholders hit by the near collapse of Equitable Life. Read More...

Is your dream wedding a saving nightmare?

Updated: 15th June 2017 - First Published: 20th May 2010 With the weather improving and days getting ever longer, it is a sure sign that the wedding season is upon us. Read More...

The coalition Government’s promises explained

Updated: 20th May 2010 - First Published: 20th May 2010 Following the publication of the details of the coalition deal agreed between the Conservatives and the Liberal Democrats, Moneyfacts.co.uk explains the impact this could have on you and your pocket. Read More...

Speculation on VAT hike mounts

Updated: 14th May 2010 - First Published: 14th May 2010 Speculation that the newly formed coalition Government could be paving the way for an increase in VAT is mounting. Read More...

Warning on personal insolvencies

Updated: 07th May 2010 - First Published: 07th May 2010 The number of people that were declared insolvent shot up in the first three months of 2010, while debt experts have warned that austerity measures could worsen the problem. Read More...

Pocket money survives the recession

Updated: 06th May 2010 - First Published: 06th May 2010 Families up and down the land have been forced to make cut backs because of the recession, but children will be pleased to hear that pocket money has survived the cull. Read More...

Shop price inflation rises

Updated: 05th May 2010 - First Published: 05th May 2010 Consumers can expect to pay more for food and non-food products, after figures revealed that shop price inflation edged upwards during April. Read More...

Consumer confidence takes a hit

Updated: 30th April 2010 - First Published: 30th April 2010 Consumer confidence fell for the second month in succession in April, as worries over the economy and personal finances took hold. Read More...

Britons burying their head in the sand over money

Updated: 29th April 2010 - First Published: 29th April 2010 Money worries continue to plague Britons, despite figures showing that the UK has emerged from the recession. Read More...

Financially educate children, government urged

Updated: 25th January 2011 - First Published: 28th April 2010 The next government have been advised to introduce financial education to schools as part of an effort to tackle the growing issue of funding the UK’s ageing population. Read More...

Time to check your £20 notes!

Updated: 27th April 2010 - First Published: 27th April 2010 Savers and spenders alike have been told to dig out their old £20 notes, as the deadline after which the so-called Elgar banknote ceases to be legal tender nears. Read More...

London Marathon fundraising to break through £500m

Updated: 23rd April 2010 - First Published: 23rd April 2010 Money raised from the London Marathon since it began in 1981 is likely to break through the half a billion pound mark this weekend. Read More...

Britons hiding debt from loved ones

Updated: 20th April 2017 - First Published: 22nd April 2010 A snapshot of personal debt in the UK has uncovered some worrying trends, with one fifth of respondents admitting to hiding their money problems from their partners. Read More...

Uncancelled direct debits costing £210 per year

Updated: 02nd August 2017 - First Published: 20th April 2010 The average Briton wastes £210 a year paying memberships and bills they do not make use of, new research has revealed. Read More...

Workers warned over tax code problem

Updated: 15th April 2010 - First Published: 15th April 2010 Workers have been urged to take extra care when checking their April payslips, to make sure they are paying the correct amount of tax. Read More...

Five minute finance: ISAs, mortgages, credit cards

Updated: 14th December 2012 - First Published: 12th April 2010 It proved unlucky for some this week as the Bank of England voted to keep base rate at a record low for the thirteenth month in a row... Read More...

Under 40s most prepared to seek debt help online

Updated: 09th April 2010 - First Published: 09th April 2010 Consumers aged under 40 are most likely to seek help with their debt problems online, new research has found. Read More...

Consumers fail to learn lessons from recession

Updated: 06th April 2010 - First Published: 06th April 2010 The majority of Britons have not allowed the recession to stop them making life changing plans, but three in five have failed to learn any financial lessons from the downturn, a new survey has revealed. Read More...

Providers warned against irresponsible lending

Updated: 31st March 2010 - First Published: 31st March 2010 Providers have been warned they face losing their credit licence if they mislead customers and are now obliged to assess whether borrowers can afford loans. Read More...

UK teenagers have high earnings hopes

Updated: 30th March 2010 - First Published: 30th March 2010 Teenagers in the UK expect to earn more than £30,000 a year by the time they are 25 and almost £52,000 when they are 35. Read More...

Mortgage rates drop but savers suffer

Updated: 14th December 2012 - First Published: 10th March 2010 Mortgage rates have been tumbling but savers have been suffering, according to new research from Moneyfacts.co.uk. Read More...

New buy-to-lets from Nottingham BS

Updated: 26th February 2010 - First Published: 26th February 2010 Nottingham BS has launched new fixed rate buy-to-let mortgages for direct business and selected intermediaries... Read More...

Consumers warned of share scam

Updated: 24th February 2010 - First Published: 24th February 2010 Consumers have been warned that there has been a dramatic upturn in overseas fraudsters imitating firms and individuals registered by the Financial Services Authority (FSA)... Read More...

Retail sales post large monthly fall

Updated: 19th February 2010 - First Published: 19th February 2010 Retail sales suffered their largest monthly fall for 18 months in January, although annually figures actually show an upturn in spending... Read More...

Ombudsman warns on scam phone calls

Updated: 23rd February 2010 - First Published: 19th February 2010 Consumers have been warned to be on guard against fraudulent phone calls asking them for their banking details. Read More...

Cost of funding adult children more than £30,000

Updated: 25th January 2011 - First Published: 17th February 2010 Parents are being hit to the tune of more than £30,000 as a result of financially supporting their adult children... Read More...

Current account switches on the up

Updated: 03rd February 2010 - First Published: 03rd February 2010 Banking customers are increasingly prepared to vote with their feet when it comes to current accounts, new research has revealed... Read More...

Self Assessment process is overtaxing, says group

Updated: 02nd February 2010 - First Published: 02nd February 2010 Inexperienced consumers attempting to file their online Self Assessment return last weekend were not given sufficient help and may have been unfairly penalised, the Low Incomes Tax Reform Group (LITRG) has claimed... Read More...

Consumer confidence rises

Updated: 29th January 2010 - First Published: 29th January 2010 The new year has started positively, as figures show that consumer confidence has improved and is significantly better than it was 12 months ago... Read More...

Traveller’s cheques shunned in favour of cash

Updated: 28th January 2010 - First Published: 28th January 2010 Britons abroad are shunning traveller’s cheques, preferring to use cash, credit and debit cards... Read More...

Tax return deadline looms

Updated: 22nd January 2010 - First Published: 22nd January 2010 As the Self Assessment tax return deadline of 31 January nears, those yet to file their return have been urged to act quickly to avoid a £100 penalty. Read More...

Fine warning as tax deadline nears

Updated: 21st January 2010 - First Published: 13th January 2010 As the deadline for online self-assessment form approaches, taxpayers have been urged to avoid gifting the taxman an unnecessary £500 million windfall in fines... Read More...

Cumberland BS improves mortgage

Updated: 08th January 2010 - First Published: 07th January 2010 Cumberland BS has reduced the rate of its market leading two year fixed rate mortgage. Read More...

Government launches boiler scrappage scheme

Updated: 05th January 2010 - First Published: 05th January 2010 The Government has launched a scheme that could see households in England save up to £800 on the cost of a new boiler. Read More...

Start saving for next Christmas, consumers advised

Updated: 31st December 2009 - First Published: 31st December 2009 The decorations are not yet down but consumers who have struggled financially this festive season have been advised to start saving for Christmas 2010. Read More...

Britons show changing values and spending habits

Updated: 31st December 2009 - First Published: 31st December 2009 The impact of the recession has see millions of Britons change their spending habits in 2009, as people concentrate on saving, the environment and their families. Read More...

Blow for consumers as bank charges case is dropped

Updated: 22nd December 2009 - First Published: 22nd December 2009 Consumers hoping to claw back millions of pounds in bank charges have been dealt a heavy blow with the news that the Office of Fair Trading (OFT) has announced its investigation has been dropped.. Read More...

Plans to ban logbook loans announced

Updated: 04th April 2011 - First Published: 22nd December 2009 Bills of sales – typically known as logbook loans – could soon be banned, having been described as ‘archaic’ and from ‘the days of Charles Dickens.’... Read More...

Cheques to bounce away in 2018

Updated: 17th December 2009 - First Published: 16th December 2009 It has been confirmed that cheques are to be phased out of use by the end of October 2018... Read More...

FSCS to pay structured product compensation

Updated: 04th September 2017 - First Published: 11th December 2009 People who bought Lehman backed structured products from three UK firms that have been declared default by the Financial Services Authority (FSA) will soon be compensated. Read More...

Date set for Northern Rock split

Updated: 09th December 2009 - First Published: 09th December 2009 Nationalised lender Northern Rock will finally be split into two parts in January, although customers have been assured it’s business as usual... Read More...

Poor retail sales leaves Christmas all to play for

Updated: 08th December 2009 - First Published: 08th December 2009 Christmas is all still to play for, the British Retail Consortium (BRC) has said, following figures that showed sales on the High Street were disappointing in November... Read More...

Friendly nudge for self-assessors

Updated: 04th December 2009 - First Published: 03rd December 2009 The tax man has given those with a 2008-09 Self-Assessment tax return to complete a friendly nudge... Read More...

Yorkshire and Chelsea BS agree to merge

Updated: 04th December 2009 - First Published: 02nd December 2009 Yorkshire Building Society and Chelsea Building Society have announced they are in advanced talks regarding the possibility of a merger... Read More...

Moneyfacts.co.uk facelift unveiled

Updated: 30th November 2009 - First Published: 30th November 2009 You may have noticed that Moneyfacts.co.uk is looking rather fresh faced and new... Read More...

Supreme Court rules in favour of banks

Updated: 04th January 2010 - First Published: 25th November 2009 Consumers’ hopes of clawing back billions of pounds in charges appear to have been dashed by the Supreme Court, which has ruled in favour of the banks. Read More...

Consumers disillusioned with Supreme Court ruling

Updated: 18th December 2009 - First Published: 25th November 2009 The decision of the Supreme Court to rule in favour of the UK banks in their case against the Office of Fair Trading (OFT) has been labelled a ‘ shock.’.. Read More...

Historic bank charges case decision nears

Updated: 04th December 2009 - First Published: 24th November 2009 The Supreme Court is expected to announce its verdict in the case between the UK’s financial institutions and the Office of Fair Trading (OFT) tomorrow, in a ruling that could see consumers claw back billions in bank charges... Read More...

Consumer Money Awards winners revealed

Updated: 09th November 2009 - First Published: 09th November 2009 Back in September, we asked you to tell us which banks and building societies had impressed you the most over the previous twelve months... Read More...

A grand prize

Updated: 06th November 2009 - First Published: 06th November 2009 Katherine Brice has told of her shock at being told she had won the top prize of £1,000 after voting in our Consumer Money Awards... Read More...

Branches to be key battlegrounds for providers

Updated: 04th November 2009 - First Published: 04th November 2009 Following a report that found banking customers regarded a personal service to be more important than rates of interest, an industry expert has said that bank branches will become a key battleground for providers... Read More...

Debt management industry to be scrutinised

Updated: 04th November 2009 - First Published: 04th November 2009 The debt management industry is set to be scrutinised, as the Office of Fair Trading (OFT) has launched a review of compliance levels in the sector... Read More...

Banking customers to benefit from new rules

Updated: 02nd November 2009 - First Published: 02nd November 2009 Borrowers can expect to be treated in a fairer and clearer manner by their providers from today, after the Financial Services Authority (FSA) took over the regulation of how banks treat their customers... Read More...

A star is born…

Updated: 30th October 2009 - First Published: 30th October 2009 After recently revealing the banks and building societies that came out on top in our new Consumer Money Awards, we thought that one winner in particular was deserving of an extra special mention... Read More...

Banking customers put in driving seat

Updated: 28th October 2009 - First Published: 28th October 2009 The Financial Services Authority (FSA) is to begin regulating banks’ and building societies’ day-to-day contact with their customers from 1 November, in a move which it is hoped will deliver wide-ranging benefits for consumers... Read More...

Tax proving taxing for older generation

Updated: 23rd October 2009 - First Published: 23rd October 2009 Older people are increasingly paying too much or too little tax because of failings in HM Revenue & Customs’ (HMRC) current systems.. Read More...

UK households without bank acounts halved

Updated: 20th October 2009 - First Published: 20th October 2009 The number of adults living in households with no access to a bank account has been more than halved – a goal that was first set five years ago by the Government and the UK’s banks... Read More...

Plan ahead for the postal strike

Updated: 16th October 2009 - First Published: 16th October 2009 UK consumers have been told to prepare themselves for the chaos that the national postal strikes will bring, or face the possibility of losing out financially... Read More...

Make your vote count

Updated: 02nd October 2009 - First Published: 02nd October 2009 The Consumer Money Awards are about the opinions of the public so, please, make your vote count and help us decide which banks and building societies deserve recognition this year... Read More...

Consumer Money Awards: your chance to be a star

Updated: 01st October 2009 - First Published: 01st October 2009 If you’re spending your Saturday nights thinking it should have been you on the X-Factor stage, we might be able to offer you the next best thing. Read More...

Consumer credit market declines

Updated: 30th September 2009 - First Published: 30th September 2009 The credit sector appears to be stabilising but consumers face having fewer choices when looking to borrow money, figures published by the Finance and Leasing Association (FLA) suggest... Read More...

Lack of consumer justice a ‘scandal’

Updated: 26th August 2009 - First Published: 26th August 2009 A consumer watchdog has called for a change in the law that would allow people to sue firms and traders using banned practices to con them out of money. Read More...

Financial awareness grows amongst Britons

Updated: 24th August 2009 - First Published: 24th August 2009 The challenging economic environment appears to be concentrating the minds of the UK public, with almost two thirds of Britons saying they are more aware of the state of their finances now than when it started... Read More...

Consumer lending falls once more

Updated: 24th August 2009 - First Published: 24th August 2009 Lending to consumers has fallen in almost all categories across the board in the last three months, with only store cards bucking the trend... Read More...

Trial will see more £5 notes in cash machines

Updated: 21st August 2009 - First Published: 21st August 2009 Five pound notes will be dispensed from a number of HSBC cash machines in a trial the high street bank is carrying out with the Bank of England... Read More...

Poor advice costly for rail passengers

Updated: 20th August 2009 - First Published: 20th August 2009 Poor advice from rail staff is causing some passengers to pay well over the odds for train fares, an investigation has found... Read More...

£25 billion bill for university starters

Updated: 20th August 2009 - First Published: 20th August 2009 Thousands of students will be put through the emotional shredder today as they find out whether their A level results are good enough to get them on their chosen course... Read More...

North-South divide in university costs

Updated: 19th August 2009 - First Published: 19th August 2009 Students taking courses in the South of the UK can expect to fork out as much as £360 a month more than their peers studying in the North... Read More...

Caution urged over price of new HIP

Updated: 17th August 2009 - First Published: 17th August 2009 Home movers have been urged to shop around after it was revealed home information packs (HIPs) from estate agents can cost almost 50 per cent more than those bought directly from a specialist... Read More...

Shoppers need more protection, says watchdog

Updated: 07th August 2009 - First Published: 07th August 2009 Shoppers paying for goods in advance only to lose their money when firms go bust should be afforded more protection, a consumer watchdog has said. Read More...

Tenants to benefit from enhanced protection

Updated: 05th August 2009 - First Published: 05th August 2009 Tenants who were previously at risk of being kicked out of their rented properties could be set to benefit from further protection, under new proposals. Read More...

Homeowners increase spending power

Updated: 03rd August 2009 - First Published: 03rd August 2009 Homeowners in the UK with a mortgage have seen their spending power increase by over ten per cent over the last 12 months, new research has found. Read More...

Second hand cars top complaints table

Updated: 27th July 2009 - First Published: 27th July 2009 Second hand cars sold by private dealers have once again topped the list of complaints made by consumers, according to the government’s advice service, Consumer Direct. Read More...

Consumers warned of e-mail tax rebate scam

Updated: 04th August 2009 - First Published: 24th July 2009 Consumers have been warned that criminal gangs are targeting taxpayers with thousands of scam e-mails offering bogus tax rebates. Read More...

Britons to miss out on billions of ‘free money’

Updated: 19th April 2017 - First Published: 24th July 2009 UK consumers are poised to miss out on free money totalling billions as the 31 July deadline to claim available tax credits approaches. Read More...

Retirees face higher than average living costs

Updated: 08th July 2009 - First Published: 08th July 2009 Retired people are seeing their cost of living increase at a significantly higher rate then the national average, industry data analysis by MGM Advantage has concluded. Read More...

Parents may be missing out on thousands

Updated: 26th June 2009 - First Published: 26th June 2009 Many parents could be unaware that they could be entitled to hundreds of pounds from the Government to help fund childcare costs. Read More...

BBA says FSA must not fail consumers

Updated: 25th June 2009 - First Published: 25th June 2009 The British Bankers’ Association (BBA) has told the Financial Services Authority (FSA) it must not fail customers by clamping down on where people can get financial advice. Read More...

UK online spending to double by 2011

Updated: 24th June 2009 - First Published: 24th June 2009 The amount of money Britons spend online is set to more than double by the end of 2011, meaning one in every £14 spent by shoppers will be used on internet purchases. Read More...

Rents fall but stability predicted

Updated: 23rd June 2009 - First Published: 23rd June 2009 Rents dropped across the residential lettings sector in the first three months of 2009 but expectations are that the trend is set to moderate, according to the Royal Institution of Chartered Surveyors (RICS). Read More...

Sixty and overs benefitting from scrappage scheme

Updated: 16th June 2009 - First Published: 16th June 2009 New research has revealed that the UK’s 60 and overs are amongst those taking the greatest advantage of the scrappage scheme. Read More...

2009 Moneyfacts Awards round-up

Updated: 15th June 2009 - First Published: 15th June 2009 The winners of the 2009 Moneyfacts Awards were announced on Friday at the prestigious Brewery venue in London. Read More...

Holiday replacements costing Britons £1 billion

Updated: 12th June 2009 - First Published: 12th June 2009 Forgetful UK holidaymakers will spend a huge £1 billion this summer on replacing essentials which have been left at home. Read More...

All C&G branches to shut

Updated: 11th July 2017 - First Published: 09th June 2009 All 164 branches of Cheltenham & Gloucester (C&G) are to be shut as a result of organisational changes made by Lloyds Banking Group. Read More...

FSA to protect sale and rent back customers

Updated: 03rd June 2009 - First Published: 03rd June 2009 The Financial Services Authority (FSA) has outlined the measures it is to introduce on 1 July to tackle the problems faced by customers in the sale and rent back (SRB) market. Read More...

Sterling strengthens against dollar

Updated: 01st June 2009 - First Published: 01st June 2009 The pound has continued its recent resurgence against the dollar. It rose to its highest point against the currency since November last year for the second time in less than a week. Read More...

Santander to rebrand banks

Updated: 27th May 2009 - First Published: 27th May 2009 Abbey, Alliance & Leicester (A&L) and the savings business of Bradford & Bingley (B&B) will all be rebranded as Santander by the end of next year. Read More...

Average home improvement spend at £5,300

Updated: 20th September 2017 - First Published: 26th May 2009 New research has revealed the more than half of the UK’s homeowners have made improvements to their property in the past year. Read More...

Tenants routinely ripped off – Citizens Advice

Updated: 21st May 2009 - First Published: 21st May 2009 The Citizens Advice Bureau (CAB) has launched a broadside at letting agents, saying tenants are being routinely ripped off and let down by a system that allows them to operate completely unchecked. Read More...

Rise in retail sales

Updated: 21st May 2009 - First Published: 21st May 2009 Month-on-month UK retail sales increased by 0.9 per cent in April, compared with a 1.1 per cent improvement in March, according to the Office for National Statistics. Read More...

Scammers a risk to all

Updated: 18th May 2009 - First Published: 18th May 2009 Being financially savvy could increase your chances of falling foul to scammers, according to research conducted by the University of Exeter on behalf of the Office of Fair Trading (OFT). Read More...

Base rate held, quantitative easing increased

Updated: 07th May 2009 - First Published: 07th May 2009 The Bank of England’s Monetary Policy Committee has voted to maintain the base rate of interest at 0.5 per cent. Read More...

Confidence on the up

Updated: 06th May 2009 - First Published: 06th May 2009 Consumer confidence is on the rise, with the latest research revealing April witnessed the largest single monthly increase for almost two years. Read More...

Rental market splits

Updated: 04th August 2009 - First Published: 01st May 2009 There is evidence that a two-tier rental market is emerging, according to the latest research. Read More...

Debit cards are dominant payment method

Updated: 04th May 2017 - First Published: 28th April 2009 When it comes to payment methods in the UK, the debit card is king. Read More...

Banks pledge to work with FSA on reform

Updated: 27th April 2009 - First Published: 27th April 2009 The Financial Services Authority (FSA) will have the full support of the UK’s banks when it takes over the responsibility for the country’s Banking Code. Read More...

Bank customers to benefit from regulation changes

Updated: 24th April 2009 - First Published: 24th April 2009 Consumers have been promised fairness when the Financial Services Authority takes over all retail banking conduct regulation for deposits and payments in November. Read More...

Recycling could save millions

Updated: 23rd April 2009 - First Published: 23rd April 2009 The UK public could save themselves millions of pounds in council tax if the way in which we recycle our household waste was improved. Read More...

Reduce redundancy pay qualifying period – TUC

Updated: 14th April 2009 - First Published: 14th April 2009 The Government has been called upon to reduce the qualifying period for statutory redundancy pay (SRP) by the Trade Union Congress (TUC.) Read More...

Holidaying at home saves Brits billions

Updated: 07th April 2009 - First Published: 07th April 2009 Britons are set to save some £3 billion this year by shunning an overseas trip and holiday at home. Read More...

The new tax year is here

Updated: 06th April 2009 - First Published: 06th April 2009 With the new tax year starting today, a number of important changes have come into effect that could affect the tax that you pay or the benefits that you receive. Read More...

Dunfermline moves business to Nationwide

Updated: 02nd April 2009 - First Published: 02nd April 2009 Dunfermline Building Society’s customers have been advised to continue banking as normal after its savings, mortgage and loans businesses were transferred to Nationwide. Read More...

Changing financial expectations of the young

Updated: 31st March 2009 - First Published: 31st March 2009 Britain’s youngsters are becoming more aware of the challenging economic times they live in and are preparing for their financial future in ways their parents never did. Read More...

TUC – end low pay for young workers

Updated: 27th March 2009 - First Published: 27th March 2009 The Trade Union Congress (TUC) is to call on the Government to bring the minimum wage for young workers up to the level of adults. Read More...

Payment systems need further improvement

Updated: 26th March 2009 - First Published: 25th March 2009 The time it takes for electronic bank payments and cheques to clear has been reduced but further improvements are needed, the Office of Fair Trading (OFT) has announced. Read More...

Money checks essential as job losses rise

Updated: 18th March 2009 - First Published: 18th March 2009 People have been urged to review their finances, following the release of official figures showing unemployment in the UK has climbed above two million for the first time in 12 years. Read More...

Investors told to face facts

Updated: 17th March 2009 - First Published: 17th March 2009 Investors have been urged to review their finances before the tax year ends to ensure they’re being as tax efficient as possible. Read More...

Low income families unaware of handouts

Updated: 13th March 2009 - First Published: 12th March 2009 Low income families are being urged to give their children a financially sound start in life by taking advantage of free government handouts. Read More...

Consumers may regret not investing

Updated: 12th March 2009 - First Published: 12th March 2009 A third of Britons expect to look back on the current period as an ideal time to invest in the stock market, although only one in seven is actually considering to do so. Read More...

Brits 'worried about redundancy'

Updated: 11th March 2009 - First Published: 10th March 2009 A fear of redundancy is one of the key worries Britons have in 2009, a poll has revealed. Read More...

Consumers find solace in falling rent

Updated: 27th February 2009 - First Published: 27th February 2009 The cost of renting is falling because homeowners are choosing to let their properties rather than sell them, according to a survey. Read More...

Overdraft rates soar

Updated: 19th November 2008 - First Published: 19th November 2008 Despite a 2.75% cut in base rate in the space of a year, overdraft rates have continued to increase, with Yorkshire Bank and Clydesdale Bank increasing rates by as much as 7.31%. Read More...

When It Comes To The Credit Crunch, Mum Knows Best

Updated: 31st October 2008 - First Published: 23rd September 2008 Credit Crunch - At a time when it is arguably more important than ever to make sure your finances are ship-shape, 21% of people would prefer to seek money advice from their parents or family members than from a financial adviser - according to a survey conducted by Norwich and Peterborough Building Society (N&P). Read More...

HBOS & Lloyds - Are your savings safe?

Updated: 21st July 2015 - First Published: 18th September 2008 Are your savings safe? - Turmoil inthe financial markets; naturally makes consumers worry about the safety of their savings but unless they have more than £50K with a savings provider then there is no need to fret. Read More...

Switch to the best graduate current account

Updated: 31st October 2008 - First Published: 16th September 2008 After the first euphoria of graduation and the heavy partying is over, it is time for recent graduates to come back down to earth and think about the future, including getting their finances sorted. Read More...

£24 million in forgotten current & savings account

Updated: 10th March 2017 - First Published: 16th September 2008 HSBC are writing to more than 12,000 customers as part of its campaign to reunite them with millions of pounds in forgotten current and savings accounts.The 12,000 customers have accounts that have not been used for more than 15 years. Read More...

Lloyds TSB sets its sights on high credit balance customers

Updated: 31st October 2008 - First Published: 29th August 2008 Lloyds TSB is looking to tempt such customers by launching an addition to existing current accounts known as ‘vantage’ which pays 4.89% gross (5% AER) on balances of between £5K and £7K. Read More...

Loyalty to your bank will hurt your pocket

Updated: 31st October 2008 - First Published: 11th August 2008 Many people are loyal to their bank and go to them for everything from their current account to their mortgage and credit card. However, by doing so you could find yourself seriously out of pocket as the big named banks do not tend to have the best rates. Read More...

£100 reward for Switching Current Accounts

Updated: 31st October 2008 - First Published: 22nd July 2008 Alliance & Leicester is once again raising the bar for current account switchers by giving £100 to customers who switch online to an Alliance & Leicester Premier Current Account. This new offer, is one of a range of incentives to encourage people to break free from their poor value current bank and switch to a better deal which suits their lifestyle and offers better value. Read More...

10 easy tips for graduates

Updated: 31st October 2008 - First Published: 22nd July 2008 Graduates will often remain loyal to their student account provider. However, as long as you have proof of qualification and have managed your account within your agreed overdraft limit, there is no reason why you shouldn't switch to a better deal. Read More...

Low Interest for current accounts

Updated: 23rd August 2017 - First Published: 16th July 2008 The big named banks have for a long time relied on brand and customer loyalty. Read More...

Young Adults 'Can Do' Money Website

Updated: 31st October 2008 - First Published: 04th June 2008 The Financial Services Authority (FSA) has today launched a new website designed to be a one-stop-money-information-shop for young adults and forms part of the watchdog's National Strategy for Financial Capability. Read More...

Bank of England reduces bank rate by 0.25 percenta

Updated: 05th December 2017 - First Published: 10th April 2008 The Bank of England's Monetary Policy Committee today voted to reduce the official Bank Rate paid on commercial bank reserves by 0.25 percentage points to 5.0%. Read More...

Are packaged current accounts worth the money?

Updated: 31st October 2008 - First Published: 26th February 2008 The majority of the banks offer packaged current accounts, but are these accounts really worth the monthly fee and do any of these accounts offer a better deal than the standard current accounts? With us all currently waiting on the outcome of the Office of Fair Trading’s test case in the High Court with banks over charges and with speculation rife that free banking may be a thing of the past, packaged current accounts may become increasingly popular. Read More...

Current accounts - switch and save up to £180

Updated: 31st October 2008 - First Published: 06th February 2008 Whether you are someone who runs your current account in credit or makes regular use of an overdraft limit, there are financial benefits to be had when switching your current account. Whilst switching a mortgage, credit card or savings account has become almost the norm as people have started to become more savvy about making the most of their money, there is a combination of reluctance and apathy when it comes to moving your current account. Read More...

Can your overdraft take the strain?

Updated: 31st October 2008 - First Published: 08th January 2008 Pay day may seem like an eternity away, with your bank account put under extra pressure trying to cope with your post Christmas spend and regular household bills. But it is vital that you keep on top of your finances. Going into unauthorised overdraft, buying items without the funds to cover them or having items returned by your bank can be a costly mistake. Read More...

Current accounts – long-term relationships won with short term deals

Updated: 31st October 2008 - First Published: 30th November 2007 Choosing to switch current accounts is not a decision many of us take lightly, as even with the best current account switching service it takes time and effort. With the transfers of direct debit, salary and other payment instructions to be taken care of, it’s usually takes at least a few weeks before your new current account will be fully operational. Read More...

Think before you switching accounts

Updated: 31st October 2008 - First Published: 16th November 2007 As far as Banks and Building Societies are concerned, current accounts are the gateway to cross-selling you other profitable accounts and services. Whilst some Banks and Building Societies take a very proactive approach to recruiting new customers by offering incentives and attractive terms, others will rely on customer apathy as a retention strategy and continue to offer very basic and uncompetitive deals. Read More...

Abbey current account tops take the top spot

Updated: 31st October 2008 - First Published: 08th November 2007 Abbey now pays 8% credit interest on current accounts to new customers up to £1000 and switcher customers £2500 on it credit option current account. This is a market leading current account deal, paying 1.5% (AER) higher than its closest current account competitor. However you do need to be aware that it is only paid on balances up to £1000, unless you switch your current account, when it is paid up to £2500. Read More...

Barclays reduces its savings accounts rates

Updated: 31st October 2008 - First Published: 26th October 2007 While the rest of the savings accounts market seems to be booming with increasing rates and new best buy savings accounts being launched almost daily, this week Barclays Bank became the first provider to announce a reduction in rates on its savings accounts range. Read More...

The Moneyfacts.co.uk Manifesto

Updated: 31st October 2008 - First Published: 17th October 2007 The recent speculation of Gordon Brown calling an election brought the political parties' manifestos to the fore. However, although Mr Brown made a U-turn after losing an 11 point lead to the Conservatives, the electorate is a starting to be a bit clearer on who stands for what. Read More...

Lloyds TSB overdraft changes:

Updated: 05th June 2017 - First Published: 15th October 2007 With overdraft charges in the spotlight, and undoubtedly a target for the Office of FairTrading (OTF) to intervene and impose reductions, Lloyds TSB has been the first off the mark to announce reductions to its overdraft fees. Read More...

Code of practice for comparison websites is long overdue

Updated: 31st October 2008 - First Published: 11th October 2007 Stephen Rumbelow, Head of Moneyfacts.co.uk - the leading independent financial comparison site, comments: "We have been constantly pushing for a code of practice to be introduced in our industry to ensure that consumers benefit from using best buy tables that search the whole market. Read More...

Moneyfacts.co.uk benefits from the Virgin effect

Updated: 07th July 2017 - First Published: 09th October 2007 The Moneyfacts.co.uk consumer website has gone from strength to strength since Stephen Rumbelow joined the Norwich based leading independent financial comparison site earlier this year from Virgin Mobile. Read More...

Current accounts - switch and earn an extra £125!

Updated: 04th December 2009 - First Published: 13th September 2007 The current account war shows little sign of easing, with several banks battling it out to offer customers the best current account rates and deals. Moneyfacts experts have practised what they preach and earned an extra £125 in interest simply by switchin Read More...

Moneyfacts guide to switching your graduate account

Updated: 31st October 2008 - First Published: 30th August 2007 HSBC recently announced plans to scrap its interest-free overdraft facility for graduate accounts, meaning that student account holders could face up to £140 interest charges each year for using their overdrafts. Read More...

Lost savings - how to reclaim your share of £435m

Updated: 20th October 2017 - First Published: 21st August 2007 National Savings and Investments have launched an advertising campaign to help people trace £435m worth of unclaimed money that’s been sitting dormant in savings accounts for years. Read More...

Student Bank Accounts

Updated: 31st October 2008 - First Published: 14th August 2007 Student Bank Accounts - As you have probably found, getting to grips with funding university life can be a tricky and not to mention an expensive task. According to the National Union of Students, many of today’s students will have to find nearly £10,500 per academic year, and that is top of hefty top-up fees, which were introduced in 2006. As a result, NUS estimates that this year’s students face graduating with a total debt of over £20,000 Read More...

Gordon Brown’s legacy

Updated: 31st October 2008 - First Published: 20th June 2007 At the end of this month Chancellor Gordon Brown will replace Tony Blair as Prime Minister, but before he takes over the reigns of the country he’ll leave a financially crippling legacy. Read More...

Being green doesn’t have to cost the earth

Updated: 30th June 2009 - First Published: 11th May 2007 Every day it seems that we see the launch of yet another eco-friendly product claiming to help tackle climate change. But is there a high price to pay for being green and are companies merely trying to cash in on consumers' interest in green issues? Read More...

More time for bank charges

Updated: 31st October 2008 - First Published: 17th April 2007 Are you one of the millions of people across Britain who have been subjected to bank charges for unauthorised overdrafts, bounced cheques or failed direct debits, and have yet to join the ranks fighting back against bank charges? The good news is you still have time! Read More...

The Good, The Bad and The Ugly (Apr 07)

Updated: 04th December 2009 - First Published: 17th April 2007 There have been plenty of changes to fees and rates across a range of personal finance products during the last few weeks and here’s our round up of the monthly news for savers, investors and borrowers alike... Read More...

2007 Budget - Smoke & Mirrors?

Updated: 06th November 2017 - First Published: 22nd March 2007 The 2007 budget day has been and gone and Gordon Brown has now delivered possibly his final Budget speech. With all the smoke and mirrors surrounding it, what will it mean for you? Read More...

Fed Up With Your Bank Charges? - Let Your Feet Do

Updated: 04th December 2009 - First Published: 12th March 2007 With the news that First Direct has started charging its current account holders £10 a month for those who don’t deposit a minimum of £1,500 a month, it’s felt by some people across the industry that more banks may introduce similar charges and penalise t Read More...

Top Tips For 2007

Updated: 31st October 2008 - First Published: 11th January 2007 Need to regain control of your finances? Our top tips will show you just how easy it is. Read More...

Overdraft Rates Up Again...

Updated: 31st October 2008 - First Published: 15th December 2006 A number of high street lenders have been swift to increase the rates of interest on their overdrafts in response to recent rises in base rate. Read More...

Is It Really The End Of Free Banking?

Updated: 31st October 2008 - First Published: 04th December 2006 The announcement by First Direct earlier this month, to introduce monthly fees to customers who don’t meet their revised account criteria, caused a real stir in the media. People in the UK have become used to not having to pay for their bank accounts and are wondering if this is just the tip of the iceberg when it comes to having to pay for their current accounts. Read More...

Giving Made Easy

Updated: 31st October 2008 - First Published: 06th November 2006 National Giving week is upon us, and with Children in Need just around the corner consumers may be considering the best ways to give to their chosen charity. By using one of the growing numbers of charity savings accounts or credit cards consumers can donate every day as part of their everyday banking. Read More...

Packaged Bank Accounts

Updated: 31st October 2008 - First Published: 11th October 2006 According to a recent moneyfacts.co.uk user poll, around 19% of us have a packaged bank account. Packaged bank accounts are bank accounts that come with additional benefits. With most of these bank accounts there is a monthly fee. Although these benefits may seem attractive, it is a good idea to make sure you are not paying over the odds. Read More...

Basic Bank Account

Updated: 31st October 2008 - First Published: 09th October 2006 Basic bank accounts were set up through a Government scheme to help poorer families and those who have problems opening a normal bank account. The scheme is aimed at giving everyone access to banking facilities. Read More...

Overdraft

Updated: 31st October 2008 - First Published: 09th October 2006 Many of us use an overdraft facility on our current account. Often it is to keep essential covered such as bills and food. However, some of us use overdraft facilities to cover non-essential spending. This may cost us a great amount. Read More...

Graduate Banking

Updated: 31st October 2008 - First Published: 05th October 2006 On leaving university, searching for the best graduate bank account may be the last thing on many graduates’ minds. But by taking the time to shop around they could find an account more suited to their circumstances, and possibly even save some money. Read More...

Bank Charges

Updated: 31st October 2008 - First Published: 04th October 2006 Most of us have a bank account through which we run our everyday finances. Usually we will use the account for receipt of our wages or salary and then bills are paid and purchases are made from the bank account. If run smoothly there will usually not be any charges incurred on the account. However, if we go overdrawn or do not have enough money in the account for outgoing payments, the penalties can be high. Read More...

Cost of University

Updated: 31st October 2008 - First Published: 13th September 2006 According to the Association of Investment Trust Companies (AITC), most potential students and parents seriously underestimate the costs involved with going to university. Parents expect their children to graduate with an average debt of £7,080, but actual figures show that the national average debt on graduation is £13,500. Read More...

Foreign Currency Deals

Updated: 30th October 2017 - First Published: 08th August 2006 With the peak holiday season soon upon us, Lisa Taylor from moneyfacts.co.uk takes a look at the foreign currency providers on the high street. Read More...

Identity Theft - Survey Statistics

Updated: 31st October 2008 - First Published: 07th August 2006 Students are putting themselves needlessly at risk of identity theft, according to a new survey by financial information provider Moneyfacts in conjunction with the University of East Anglia. Read More...

Banking and savings – customer service and reputation forefront in decision-making.

Updated: 31st October 2008 - First Published: 03rd July 2006 52% of us have moved our savings because we were unhappy with customer service, according to the latest moneyfacts.co.uk user polls. 42% of us have avoided a particular account provider due to a friend’s bad experience. Read More...

Current accounts - wasted interest

Updated: 31st October 2008 - First Published: 27th June 2006 Current accounts are financial products that most of us have. Typically earnings are paid into these accounts and money to pay bills such as the mortgage or rent, utilities and food shopping comes out. Although current accounts have facilities such as standing orders and direct debits, overdrafts and debit cards, they are not the best accounts to hold spare cash. Read More...

Donate Every Day With Charity Related Financial Pr

Updated: 30th October 2017 - First Published: 16th December 2005 Andrew Hagger of Moneyfacts.co.uk comments: "There is a wide range of charity related credit cards on the market, enabling the consumer to use a card linked to the charity of their choice Read More...


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