Household Spending Habits

Research has unveiled a new generation of fathers suffering from ‘Cool Dad Syndrome', as they are put under pressure from their kids to keep up to date with the latest technology and trends.


The frustration caused by PC inefficiency has prompted 1 in 5 people to hit their desk, led to almost a million broken monitors, driven 1 in 20 people to hit something so hard they hurt themselves and even resulted in just under half a million injuries.


Eco-shoppers are remaining committed to the environment despite rising food inflation and tightening household budgets according to new research from Virgin Money.


More than a quarter (27 per cent) of Brits sometimes or always feel out of control with their finances and an additional eight per cent say they regularly spend more than they earn, according to research released by GE Money.


Following pressure from NCC, the Law Commission is bringing forward its work on a private right of redress under the new Consumer Protection Regulations (CPR).


The OFT is warning consumers who like a flutter on the horses not to be conned by bogus racing tipster mailings. The OFT estimates that punters lose at least £5million every year to such scams.


Increasing numbers of people who owe money to banks and finance companies are concerned about their ability to manage their debts, new research from MoneyExpert.com reveals.


New research reveals that Britons become a nation of fritterers when they arrive on foreign shores. Despite many feeling the financial pinch at home, almost one in three (30%) will fritter away left over foreign currency whilst abroad, buying items they don't need, simply so that they do not have to convert their money back to Sterling.


Inflation expectations for the next 12 months are creeping towards 4 per cent, as a record number of consumers feel the pressure of high fuel, food and energy prices, according to the latest Consumer Barometer from Lloyds TSB Corporate Markets.


Almost one in two Britons (45%) are putting their life on hold, saying that they are unable to afford to pay for big costs like mortgages and further education without the aid of inheritance according to new research from Engage Mutual.



 


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