Household Spending Habits

Alliance Trust's independent study of age related inflation has found that the surge in inflation during May continued to hit the over 75 year olds the hardest - this age group saw their inflation rate increase from 4.1% to 4.8% during the month.

Consumer Prices Index (CPI) annual inflation – the Government’s target measure of inflation – was 3.3 per cent in May, up from 3.0 per cent in April.

Following the Bank of England's letter to the Chancellor announcing that the Consumer Price Index (CPI) has risen to 3.3% - well above its 2% target - independent price comparison and switching service, uSwitch.com, warns consumers to keep their cool this summer.

It's official: British men don't like splashing the cash. According to new research a fifth of UK men surveyed compare themselves to Ian Beale from Eastenders when it comes to spending: with 20 per cent describing themselves as ‘tight' or ‘careful' with money.

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.