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Spending Habits

Drivers delay car buying and spend less

Drivers are increasingly putting off buying their next car, according to the latest AA Financial Services Car Purchase Index (CPI).

Most Brits want to upgrade their possessions

Almost all of us (96 per cent) aspire to own something better than what we currently have; with the total bill for the nation's aspirations coming to £230 billion, according to the Direct Line Aspiration Index.

Students favour budgeting over big incentives

Over half of students feel that the current resources being provided by banks to help students manage their finances are simply inadequate, according to research carried out by accounting software firm, Accountz.

Spending concerns force consumer confidence down in January

Following a rise in December, consumer confidence fell back again in January, according to the Nationwide Consumer Confidence Index.

Consumers frozen out as pay fails to keep up with inflation

With concerns growing over family finances uSwitch.com warns that today's inflation figures coupled with tomorrow's pay figures could prove a deadly double blow for hard-up families.

Quest for love expected to cost £377 million

Finding love can be expensive, according to new figures from Santander Cards. The research reveals that of the 1.6 million Brits (3 per cent) who have made a New Year resolution to find a partner in 2011, one in three (33 per cent) expect their search to cost them an average of £724 - a collective spend of around £377 million.

Eight million Brits missed payments last year

Over eight million Brits missed paying regular monthly bills last year, putting their credit profile at risk and making it harder for them to be accepted for credit in the future.

High earners determined to spend spend spend in 2011

Annual household spending by those earning over £100,000 is expected to increase 7.8% in 2011 as high earners plan to spend their way out of the recession reveals new research from HSBC. This is twice expected inflation for this year.

Everything Everywhere to launch contactless mobile payments

Everything Everywhere to launch contactless mobile payments

Everything Everywhere and Barclaycard have announced the first contactless mobile phone payment solution for UK consumers will launch by early summer. The move will usher in a new era for consumers, offering greater simplicity, convenience and control and will change the way payments are made on UK high streets.

Store card spending falls by 25%

Figures from the Finance & Leasing Association (FLA) show that consumers are continuing to exercise caution in spending.

One in three Brits without enough cash to cover costs

Nearly one third (28%) of struggling Brits are having to spend more money each month than they have coming in, according to new research by The Co-operative Insurance and housing and homelessness charity Shelter.

Women take control of the 'Financial' purse strings

35 years since Charlie's Angels - the icons of ‘Independent Women' the world over - first aired, research by Halifax Savings shows that women in today's society are financially independent and want to take control of the ‘financial' purse strings in their household.

How to turn your loyalty into cash

How to turn your loyalty into cash

How long have you been a customer with your bank, mobile phone company or been flying with the same airline? If it’s more than a year, then how many discounts, free products, upgrades and even cash back - have you received because of your loyalty?

How to make your holiday money go further

Confused.com is reminding those planning a winter sports or sun holiday this New Year to make their money go further by thinking about how they will pay for the trip, as well as how best to spend when they're away.

Soaring inflation looks set to continue for the foreseeable future

Today's announcement by the Bank of England on the increase in inflation to 3.7 per cent spells further bad news for consumers, with the situation unlikely to get any better in the near term.