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Spending Habits

Latest CPI figure adds £630 to annual cost of living

In response to the latest annual CPI inflation rate reaching 4.4%, MGM Advantage, the retirement income specialist, estimates that collectively UK households need to find an extra £39 billion (£38.869 billion) to maintain the standard of living enjoyed 12 months ago.

Top 10 money & energy saving tips for Climate Week

Top 10 money & energy saving tips for Climate Week

Climate Week (21-27 March 2011) is the perfect opportunity to wise up on the most energy efficient and cost effective changes you could be making within the home.

Top money saving tips for mums

While men continue to be the primary income earners in the majority of families, new research from M&S Money has revealed that it is women who are most likely to take control of the family finances in UK households.

Tackle your debt head-on advises psychologist

Reckless spending has a severe impact on our mental health according to a city psychologist currently treating Scots for debt problems.

Consumers consider shopping online more environmentally friendly

With the launch of Climate Week 2011, IMRG research has revealed a significant increase in consumer perception of the ‘green’ impact of online shopping.

UK inflation rises to 4.4%

The Consumer Price Index (CPI) increased to 4.4 per cent in February, up from 4.0 per cent in January, according to the Office for National Statistics (ONS).

Brits get on their bikes as fuel prices reach an all time high

Rocketing fuel prices have led to a surge in interest for cycles, according to Idealo.co.uk.

Mums forced to reduce family savings to budget for essentials

Ahead of the Chancellor's budget this Wednesday, Family Investments reveals, in its first ever UK Mums' Budget, that almost half of mums across the country (47 per cent) will be reducing family savings by an average of £386.76 over the next year.

Consumer confidence continued to fall during February

Consumer confidence reached record low during February, according to the Nationwide Consumer Confidence Index.

Inflation up but over 16 million Brits face a pay freeze

Despite soaring living costs over 16 million Brits, six in ten (56%) of the working population, face a pay freeze this year according to new research from uSwitch.com, the independent price comparison and switching service.

Brits spend £10 billion online during January and February

The latest figures from the IMRG Capgemini e-Retail Sales Index reveal that shoppers in the UK spent a total of £4.9 billion online during February, equivalent to £79 per person; 20% more than the same period last year.

Shoppers waste thousands on purchases they regret

Shoppers waste thousands on purchases they regret

Buying things in a rush and not bothering to shop around means the average person splashes out £68.44 each month on items they don’t need or later wish they hadn’t bought.

Review your finances ahead of the Budget

Consumers could save an extra £2,443 by switching to the best deals available across their financial products.

Internet drives Christmas shopping revolution

Christmas shopping is getting progressively earlier as shoppers migrate to the internet to buy gifts, according to the Payments Council's research into the latest spending data.

Brits raiding savings to fund everyday living

With household finances under severe pressure due to the rising cost of living and rising unemployment, research by moneysupermarket.com has found almost a quarter of Brits (23%) with savings are using this money to pay for everyday household bills and spending.