Spending Habits
Consumer confidence slides in July
Consumer confidence continued to fall during July with the index dropping by seven points to 56, according to the Nationwide Consumer Confidence Index. This is the third consecutive month that the index has fallen and it now stands at a similar level to May 2009.
The price of products is under scrutiny like never before
The Great British public loves a deal and with the recent announcements of Government budget cuts, the nation’s attitude towards its finances is set to be cautious for a long time to come.
Decisions, decisions: Are you a Dannii or a Cheryl?
Life is full of difficult decisions. Whether it’s deciding which career path to follow next or where to go for dinner on Saturday night, the wide variety of choice can often leave many of us floundering.
One in three Brits opt for budget holiday this year
More than a third of Brits (38%) are spending less on their holidays this year and a quarter aren't having a holiday at all, according to new research by insolvency trade body R3.
Over 2 million holidaymakers in debt over holiday
Over 2 million (2,329,500) holidaymakers have had to borrow on average more than £1000 (£1,130) and will spend seven months paying it back, according to R3, the insolvency trade body.
Kids feel the pocket money pinch
We all know the economic downturn has hit our wallets – but it has also hit children’s piggy banks, according to a report from Tesco Bank.
Cost cutting holidaymakers are staycation-ing
A new survey which looks at how the economic downturn is affecting holidaymakers' habits found that almost forty percent (38%) of Brits are actively trying to spend less money on their holidays this year, with more than half of those (56%) deciding not to go abroad in order to cut the cost of their holiday.
More Brits shop around to get the best deals
Money-saving Britons are embracing the age of austerity with four in five (81 per cent) people having already made lifestyle changes to reduce their outgoings, according to new research from Santander Current Accounts.
Bills, bills, bills
Brits fork out more than £18,500 a year on bills, a new study reveals. Each month, the average household parts with £1,541.91 on ultility bills, rent or mortgage payments, the weekly shop and other bills. That's a total of £18,502.86 a year or £962,148.72 between the ages of 18 and 70.
Cold callers are still the UK’s biggest time wasters
Even in the age of e-mail spam, one in four people say that old-fashioned cold callers are still the UK's biggest time-wasters, according to research by online insurer swiftcover.com.
Consumer confidence falls further in June
Consumer confidence fell for the second month running in June and now stands at 63 points - a similar level to 12 months ago, and 21 points below February's interim peak.
10 day holiday countdown starts today
Today (14th July 2010) is expected to be one of the most popular shopping days of the summer as parents in England prepare for the family holiday getaway.
Brits rack up debt to get away this summer
Over 10 million UK adults going away this year (32%) are racking up debt in order to fund this year's summer holiday, a new survey by Bright Grey has found.
Avoid meltdown in the summer sales - know your rights
Shoppers looking for cheap deals in the summer sales can avoid bargain hunting misery by arming themselves with their consumer rights, Consumer Focus warns today.
Online drives recovery for British retail sector
Online retail is expected to be the hero amid sluggish growth for the retail sector overall according to the second annual PayPal Online Retail Report, undertaken by Experian.