Sainsbury’s Bank estimates that approximately £11.4 billion will be withdrawn from UK ATMs this December, equating to over £367 million per day. The supermarket bank says it expects the number of cash withdrawals to increase by 3 million compared to December 2012, taking the total number of withdrawals in the month to around 164 million.
New research into the Nation’s Christmas spending plans, reveals that on average we expect to fork-out £367 over the festive period on food, drink, presents, parties and greetings cards, but 23% say they will need to borrow money on a credit or store card to pay for it.
Consumers will be better protected from huge bills run-up on stolen mobiles.
The Christmas countdown is on and with three weeks to go, MoneySuperMarket reveals nearly a third (30 per cent) of Christmas spenders won’t be able to make their November salary last to fund the festivities.
Broadband providers are confusing customers with technical jargon that is seeing them miss out on the cheapest deals and best services.
Price rise misery will hit almost 8 million British Gas customers this Friday (23rd November), says uSwitch.com. The country’s biggest energy supplier will increase its prices by 9.2% or £131 for gas and electricity, resulting in its average standard dual fuel bill soaring from £1,340 to £1,471 a year.
Electricity bills top the nation’s list of the most baffling bills with 36% of people saying that they find them hard to understand, closely followed by gas and water bills.
Just as inflation hits a 13-month low, MGM Advantage, the retirement income specialist, has published data which shows one in two people have cut back on spending over the past year to makes ends meet.
EDF has followed SSE, British Gas, npower and Scottish Power’s lead by introducing an energy price rise this winter. The increase of 3.9% will add £50.37 to its customers’ bills, and will take effect on 3 January.
Reforms to make the energy market competitive and work in the public interest unveiled as part of the Annual Energy Statement 2013.
With four of the big six energy companies announcing inflation-busting price hikes and the remaining two expected to follow suit, many consumers have been turning to fixed price energy deals to shield themselves.
As the clocks go back and the days get shorter, a national survey by retailer ledhut.co.uk has found that more than 60% of us are leaving lights on when we go out – with an embarrassing one in ten admitting we do it “all the time.”
Superfast broadband is now available to almost three quarters of UK homes, and the number of people using the technology has more than doubled in the last year, Ofcom has revealed.
Redrow Homes is keen to make homebuyers aware of the energy saving qualities of its new homes and advise them of the potential for cost savings.
npower has announced its electricity and gas prices will increase by 9.3% and 11.1% respectively from 1 December.
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