Spending Habits
Holiday overspending is on the cards for one in three
Almost one third of holidaymakers overspent on their last foreign holiday, and have a significant lack of knowledge of how withdrawing cash overseas can pile on the pounds, according to research from N&P (Norwich & Peterborough Building Society).
Worried Brits sacrifice summer holidays to save jobs
Nearly a quarter of Brits (24 per cent) will miss out on summer holidays this year, due to financial pressures, mounting workloads, and fear of being made redundant, research released by insurer swiftcover.com has found.
Brits splash the cash on summer
Even with the rain clouds gathering over the British summer, new research from BM Savings reveals the average amount Brits spend enjoying the summer months.
Brits to spend £1.47 billion abroad this summer
As the final bells rang on the school term last week and thousands of holidaymakers jet off to sunnier climates, Barclays predicts that Friday 29 July will be the peak day for spend abroad this summer, with Brits spending £43 million overseas via debit cards on this day alone.
Consumer confidence falls back by four points in June
Consumer confidence fell four points in June, according to the latest Nationwide Consumer Confidence Index.
Holidaymakers set to spend an extra £365 on holiday
Despite the economic climate, new research from M&S Money has found almost a third (32 per cent) of holidaymakers believe they will spend more money while abroad this year, on average an extra £365 each, and 32 per cent of those believe the additional expense is due to rising inflation pushing up the cost of living.
Poor customer service sees UK consumer walk-out
Consumers in the UK are rebelling against poor customer service and are voting with their feet according to new research from American Express.
Consumers continue to feel effects of inflation
Today's announcement by the Bank of England that inflation has fallen to 4.2 per cent is welcome news for the UK economy, however the announcement marks the 18th consecutive month where inflation has been higher than the Bank of England's target of two per cent.
Mobile payments market to almost triple in value by 2015
The total value of mobile payments for digital and physical goods, money transfers and NFC (Near Field Communications) transactions will reach $670bn by 2015, up from $240bn this year, according to a new study from Juniper Research.
Brits think companies are cashing in on inflation
A ‘trust gap' is developing between companies and cash strapped UK consumers, according to research by Gocompare.com.
Receive rewards on everyday spending
UK consumers are missing out on potential financial rewards - such as cashback, retail vouchers or frequent flyer points - to the tune of a staggering £3.6 billion per annum, according to research by American Express.
Cash not crockery: Broke brides turn backs on tradition
The recession and growing cost of weddings could spell the end of the traditional wedding gift list, as British couples turn to their guests to help them finance their Big Day and Honeymoon, according to research for Western Union, a leading money transfer provider.
Debit cards on top with continued spending surge
Use of cash in the UK is falling as consumers switch to plastic and tighten their belts, according to the latest figures from the Payments Council.
The real cost of lunch
The latest figures from the British Retail Consortium (BRC) indicate UK consumers are increasingly turning from credit cards to cash and debit cards, with debit card transactions up 15.8 per cent in the last year.
Brits willing to raid piggy bank for once-in-a-lifetime experience
Brits are willing to spend a pretty penny to have a once in a lifetime experience, according to new research from Scottish Widows that reveals the lengths that the nation will go to fulfil their ambitions.