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News

Winners Announced at Prepaid365 Award 2015

By |June 1st, 2015|

2 million Surveys, 1.1 million votes, 157 Entries and 30 Award Categories at 7th Edition of Awards: Centtrip, FairFX, NET+, Nikon, Travelex, Ukash & Pockit amongst Winners

Prepaid365, the UK’s leading prepaid card portal, announced the winners of the 7th Edition of the annual Prepaid365 Awards 2015 sponsored by Prepaid Financial Services.

The Prepaid365 Awards are the […]

How Prepared Is The UK Population For Retirement?

By |February 11th, 2015|

People across the UK could face a retirement shortfall of nearly £100 a week, according to new research from Friends Life.

The Friends Life UK Retirement Savings Map looks at which areas of the UK are most prepared for the future.

It studies if consumers are saving into pensions and discovered that those in the North East, […]

Brits Opt For Second Jobs to Aid Financial Situations

By |February 4th, 2015|

A third of 18- to 24-year olds have a second job to help boost their finances, new research has discovered.

Of those with two jobs, one in three people said it was to help them survive financially – especially for students whose finances are notoriously low.

The research from thinkmoney also suggested that 17% of adults in […]

How Housing Costs are Eating into Wages

By |January 29th, 2015|

One in eight adults in the UK spends more than 50% of their wages on their mortgage or rent, according to the Debt Advisory Centre.

Housing costs are one of the highest outlays made by families and this expenditure does not take into account any household bills such as gas or electricity.

On average, housing costs account […]

Downsizing – Is it the Time Right To Downsize Property?

By |January 21st, 2015|

Downsizing to a bungalow or semi-detached property from a detached home could raise significant amounts of cash, Lloyds Bank has revealed.

The Downsizers report suggests moving into a bungalow could free up an average of nearly £104,000 while opting for a semi-detached property could save nearly £122,000.

Moving into a smaller property was found to be a […]

Could Gas and Electricity Prices Be Set To Fall?

By |January 14th, 2015|

With energy prices tumbling at rapid rates, the UK Government is launching an investigation into the activities of energy suppliers.

This action could reveal if customers are being overcharged as concerns grow that suppliers are not passing on savings to their customers.

This fear arose after wholesale prices began to fall but bills remained high. As a […]

Brits Plan Year of Reduced Spending

By |January 7th, 2015|

A quarter of UK adults plan to cut their spending in 2015 amid fears that it could be a tougher year than 2014, new research shows.

One in five people expect to face financial hardship in the coming 12 months, according to the Money Advice Service.

Meanwhile just one in ten people think they’ll cope in a […]

How Saving On Christmas Helps in the Long Term

By |December 31st, 2014|

Parents who spend an average of £163 on must-have gifts for their children at Christmas could save more than £4,000 if they invested it instead.

That is according to Halifax who looked into the sorts of savings that could be made should parents place money into different accounts. On average, parents purchased between nine and ten […]

The Changing Habits of Christmas Day

By |December 24th, 2014|

The younger generation are just as likely to go online shopping on Christmas Day as they are to watch the Queen’s speech, new research has found.

Younger people are creating their own customs on the big day and are keen to take advantage of technology to grab a bargain, according to Gocompare.com.

At the same time they […]

Generous pensioners set to spend £4.2billion hosting Christmas

By |December 17th, 2014|

The older generations are preparing for Christmas in style this year, with 5.8 million pensioners set to host family and friends on the big day.

They’ll be in a giving mood too, as research from Prudential has revealed that they’ll spend £4.2 billion when hosting and gift giving.

The average retiree will spent nearly £400 each on […]