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Spending Habits

Money's too tight to mention

New research from the first annual Scottish Widows Priorities of Life index reveals that although the UK may officially be out of recession, Brits are still feeling financially insecure due to a lack of time and money to focus on their financial futures.

Money still key for yuppies of yesteryear

With a sequel to the 1987 hit movie Wall Street soon to hit our screens, it seems that ruthless stockbroker Gordon Gekko's famous mantra ‘Greed is good' may still resonate with the ‘yuppies of yesteryear'.

Discount vouchers set firm in UK culture

The UK population now redeems over 2.4 million discount vouchers EVERY DAY - the equivalent of 1,692 vouchers every minute - and 25 per cent up on last year, according to research from Moneysupermarket Vouchers.

Brits hide debt from partners

More than a fifth (21 per cent) of UK residents currently in debt are lying to their partner about the amount of cash they owe.

Consumers paying the price for shopping on the high street

British shoppers are forking out a typical 31.79 per cent more for goods bought on the high street compared to buying online and having the products delivered to their homes, according to a new mystery shopping exercise by PriceRunner.co.uk*.

UK inflation rate increases to 3.4 per cent

CPI annual inflation – the Government’s target measure – was 3.4 per cent in March, up from 3.0 per cent in February, according to the Office for National Statistics (ONS).

Consumer confidence slips as election looms

Consumer Confidence has fallen across a range of indicators in the run up to the election, according to Nationwide's latest monthly consumer confidence report.

Credit and debit card spending up in March

Data from Barclaycard Global Payment Acceptance shows spending on credit and debit cards in March was up 9.2% compared to March 2009. This continues the positive trend highlighted in February (up 7.1% year on year).

Consumers push on with plans but fail to learn lessons

The majority of people in the UK (81%) haven't let the recession affect their life plans for 2010, such as getting married, planning a family or setting up a business, according to new research from Clydesdale and Yorkshire Bank.

Increase in people planning to buy cars

The latest figures from the Sainsbury's Finance Car Buying Index, which tracks the number of people planning to buy a car on a six-monthly basis, reveal a sharp increase in the number of people planning to buy a car in the six months to August this year.

Guilt takes 'high' out of the high street for shoppers

Retail therapy is fast becoming a curse instead of a cure for Britain's recession fatigued consumers, according to new research from uSwitch.com, the independent price comparison and switching service.

Brits cut back as recession continues to bite

The vast majority of Britons are still continuing to cut back on their outgoings, according to new research for Santander Current Accounts, with the recent emphasis on shopping around for good deal on groceries, switching off lights and electrical items, and starting a culture of ‘make do and mend'.

February credit and debit card spending up

Data from Barclaycard Global Payment Acceptance shows payments made on credit and debit cards were up 7.1% in February compared to the same month last year. The increase follows on from figures that showed that credit and debit card spending was up 3.6% in January 2010 compared to January 2009.

Recession reveals nation of savvy savers

People across the country have been making cut backs over the last 12 months, and new research from specialist health insurer, National Friendly, reveals how thrifty Brits have been saving their pennies during the recession.

It’s not just the Government that can’t balance the books

As the Government sets the stage for the year's Budget, which will outline plans to halve the public deficit over the next four years, new research from uSwitch.com reveals a spending gap in consumers' own finances.