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Spending Habits

Britons to spend £36 billion on summer holidays this year

Despite the UK's continued austerity drive, the majority of Britons are refusing to pass up on their holidays and will collectively spend in excess of £36 billion on getaways in 2012.

Cost of motherhood pushes new mums into the red

Almost three in ten first time mums (28%) have been forced into the red, racking up an average of almost £2,500 of debt because of maternity leave, according to a new study by uSwitch.com.

Savvy shoppers bag over £2m in cash from items rising in costs

Research from Quidco suggests some savvy consumers have already changed shopping habits when purchasing items that are increasing in costs.

Rising inflation is a setback for UK households

The announcement by The Bank of England that inflation (CPI) has risen for the first time in six months to 3.5 per cent, from 3.4 per cent last month, is a setback for UK households according to MoneySupermarket who are struggling to cope with the high cost of living.

Why are men such bad shoppers?

Research released by life insurance expert Confused.com reveals that men across the UK are paying far more for their life insurance than women.

'Mum and Dad cabs' clock up £32 billion of unpaid fares a year

Mums and dads in Britain provide over £32 billion worth of free taxi services to their children every year, according to new research from Sainsbury's car insurance.

Britain ‘heading for crisis' as cash-strapped families put off big decisions

British families are failing to plan ahead for life's big decisions, such as getting married, changing jobs or having more children, according to a new report by global insurer Zurich.

Brits say fuel duty cut essential to save economy

With oil prices at a record high, over 90 per cent of Brits think the Government should cut fuel duty in the Budget on Wednesday, according to MoneySupermarket research.

Rising bills eat into household spending power

Discretionary spending power growth after inflation remained in negative territory in February as consumers continue to suffer from the twin impacts of weak income growth and the rising cost of essentials

Over-55s throw a lifeline to families drowning in sea of bills

Aviva's latest Real Retirement Report has discovered that the UK's over-55s are choosing to spend a significant amount of their retirement income on supporting their loved ones financially.

Living costs for pensioners soar by 33% since 2000

Total expenditure of the UK's 10.6 million retirees equals £96 billion a year - this means on average a retired couple spends £17,922 a year and a single retiree spends £9,917 a year - or £190.70 a week, according to new research.

Spring clean your finances and save thousands

Switching household bills can save over £1,000, but switching main financial products such as mortgage and current accounts could save over £3,500.

Don’t spend what you don’t have - Top money saving tactic in UK

Research carried out for Standard Life suggests that, in the last three years, 5.3 million additional UK adults have started adopting money saving habits, such as reviewing their utility providers, going online to find the best deals and using online voucher codes to save money.

First time parents spend £425 million preparing for baby

First-time UK parents spend more than £425 million each year, preparing for the arrival of a first baby, according to research revealed by life insurance provider Aviva. This equates to £1,370 per family.

Debt problems affecting 70% of UK adults

Over two thirds (70%) of UK adults have admitted to having debt problems with almost a third of people (29%) not prepared to confront their debt issues according to new research released today by The Co-operative Bank.