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Finance

Britain’s “IOU Ostriches” could face future financial disappointment

One in two UK adults (47%) is an “IOU Ostrich” - believing themselves to have a strong credit history, but burying their head in the sand when it comes to understanding the reality, running a real risk of future financial disappointment.

1 in 10 Brits have £10 or less left of their pay after paying their bills

Research conducted on behalf of thinkmoney shows that one in 10 adults (10%) in the UK has just £10 left to get them through the month after they’ve paid their essential bills, such as food, rent or mortgage and travel.

UK motorists overcharged as insurers play auto-renewal tricks

UK motorists are wasting £1.3 billion each year by staying loyal and allowing their car insurance to automatically renew, at the price of their insurer’s choosing.

Baring Asset Management introduces the Strategic Bond Fund

Baring Asset Management, the international investment management firm, has announced it has converted the Baring Global Bond Trust into a more flexible fixed income product – the Baring Strategic Bond Fund.

Skipton's gross mortgage lending up by almost a quarter

Skipton Building Society’s annual results shows the Society has enabled significantly more members to achieve their home ownership aspirations with new loans totalling £3.0 billion – up from £2.4 billion last year.

3 in 4 now saving as nation focuses on the long term

The UK is becoming a nation of savers, with three quarters (74%) of people saying they are currently saving, new research from Scottish Widows has revealed.

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