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Spending power reduced as income growth weakens
(May 21, 2012)Consumers are cutting back on non-essential purchases as income growth has reached its lowest level since February 2011, impacting on spending power significantly.
Warning comes to release children from ‘credit virginity’
(May 18, 2012)Adult children are failing to build up a credit record due to a growing number of parents financially helping their children.
6.25 million Brits deprived of retirement savings
(May 16, 2012)Over 6 million Brits are set to retire with no retirement savings in place and needing to rely on the state pension alone throughout retirement.
Brits increasingly rely on overdrafts, credit cards and savings until payday
(May 15, 2012)A large number of consumers that are running out of money in between pay day are using their credit cards, overdrafts and savings simply to get by.
UK holidaymakers are increasingly caught short before the end of a holiday
(May 14, 2012)New research has revealed that British holidaymakers are, on average, out of pocket two days before the end of a seven day holiday.
Bank balances revived thanks to careful saving
(May 11, 2012)Despite the recent financial downturn, record savings have been reported as savers have increased their balances to the highest level seen for two years.
Wrong plastic abroad costs Brits millions of pounds
(May 10, 2012)Millions of Brits are making the fatal error of using the wrong plastic on holiday which results in sky high credit card fees.
Credit card companies cling to embossed numbers
(May 4, 2012)Three leading credit card issuers have demonstrated their loyalty to imprinted numbers on credit cards, by confirming that embossed numbers are here to stay.
UK population encouraged to learn their credit card rights
(May 3, 2012)As the number of credit card complaints reaches an all time high, people are being urged to investigate their financial rights when using credit in case something goes wrong.
A six year olds perspective on personal finance
(May 1, 2012)New research has been conducted to provide an insight into personal finances from the perspective of a group of six year old children.