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Monthly Archives: August 2014

How an Online Prepaid Card Could Help You Save

By |August 29th, 2014|

Opening up the world of online shopping for a consumer means they too can benefit from the wide range of deals and offers that are available.

For anyone without a credit or debit card, these possibilities cab be unobtainable, but not so if they have an online prepaid card.

These cards are specifically designed for online purchases […]

CBI Proclaim Positives Surrounding Strengthening Economy

By |August 27th, 2014|

The Confederation of British Industry has painted a positive picture of the UK economy in its latest quarterly services sector survey.

It represents good news for the services sector where job prospects are improving and also for the manufacturing sector where wages are reportedly rising.

The CBI report says that despite a slowing of activity in the […]

Business Expenses Management – Your Options

By |August 21st, 2014|

Business expenses will vary by company, with virtually every firm having some form of finances that will need to be managed.

While larger firms will tend to have larger expenses, managing them remains a necessity to ensure that business costs do not spiral out of control.

When staff travel or purchase goods on behalf of a company […]

Protecting Against Card Fraud – What Steps Can You Take?

By |August 19th, 2014|

As payment technologies have improved and increased in number during recent years, so too have the methods used by criminals to fraudulently access funds.

Unfortunately there will always be a certain number of individuals who are determined to fraudulently access the finances of others, but there are ways they can be tackled.

A vital part of the […]

Consumers Thirst for Online Services Boosts Need for Payment Options

By |August 15th, 2014|

New data suggests that three in every four adults have purchased goods online in 2014, a considerable rise from figures in 2008.

Office for National Statistics data shows that 74% of people have engaged in online shopping activity in the first seven months of 2014, compared to 53% six years ago.

In addition, some 53% of adults […]

Spending on Travel Leaps as Holidaymakers Get Away for Summer

By |August 13th, 2014|

Nothing beats heading away for a spell abroad and it is this desire to enjoy the combination of sun, sea and sand on a summer holiday that saw travel spending shoot up in July.

Figures from Barclaycard’s latest monthly update revealed that spending on travel and entertainment leapt by 8% last month as families enjoyed their […]

Average Student Debt Rises to Almost £20k in Current Climate

By |August 11th, 2014|

Students heading off to university now face annual tuition fees of up to £9,000 compared to maximum annual fees of £3,000 just a few years ago.

Now the Fourth annual Lloyds Bank Student Finance Report has revealed that student debt has climbed by 14% in a year-on-year comparison, rising from an estimate of £16,909 to £19,217.

Growing […]

Slowing Economic Growth Showcases Need for Financial Management

By |August 7th, 2014|

Britain’s economy is slowing according to figures for the three months up to July, showcasing why firm control of spending is required.

The National Institute of Economic and Social Research said a lack of industrial output was to blame for the slowdown – growth was at its slowest rate for a year.

According to the think tank, […]

Older Workforce Leads to Pension Scheme Changes

By |August 5th, 2014|

The increasing number of older workers in the UK has prompted many companies to assess their pension schemes, according to new research.

Some 1.13 million people are in work aged 65 or over and that figure is expected to rise in the coming years.

This is leading companies to consider an overhaul of their pension and benefit […]

Could New London Transport Payment Option Spell the End for Oyster Cards?

By |August 1st, 2014|

From September this year, millions of London Underground passengers will be able to access the network using only their bank card.

As long as their credit, debit or prepaid card is set up to enable contactless payment, they will be able to access the services provided by Transport for London (TfL).

All tube users will need to […]