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Spending Habits

Over 50s still spending

Rather than being a drain on society, the over 50s make a significant positive net contribution to the UK economy, according to new research.

More students working to fund university

New research from Halifax reveals that almost three-quarters (73%) of university students work to help fund their studies - up from (66%) in 2008.

Shop and save the way forward

Industry figures reveal one-in-four homeowner's have cancelled their policies in an attempt to shave costs off monthly outgoings during the recession. The new problem of ‘insurance dieting' is both worrying and unnecessary.

Brits spending less on wedding presents

Britons have cut the amount they spend on wedding presents for close family members by nearly 10 per cent since the credit crunch began but are continuing to spend the same amount on friends who are getting married, new research by Abbey General Insurance has revealed.

Brits cut back on wedding day luxuries

Couples planning their wedding day should also be planning how to pay for it, as research from AA Savings reveals that over 30% of engaged couples have less than £100 saved.

Consumers unable to sue for £3.3 bn lost each year

Underhand sales practices are rife, new research by independent consumer champion Consumer Focus reveals. Three in five consumers said they had fallen victim to traders who had acted illegally in the last two years.

UK recession a 'one year wonder' according consumers

As Japan, France and Germany finally break free from the clutches of recession, UK consumers are still being bombarded with conflicting reports about the severity and length of our current economic climate.

Winners and losers of the British summer

With the August Bank Holiday fast approaching and speculation about the weather set to continue, new research by The Co-operative Bank Credit Cards reveals the real winners and losers of the great British summer.

Retail sales 3.3 per cent higher than in July 2008

The volume of retail sales in July 2009 rose by 3.3 per cent compared with the same month in 2008, according to the Office for National Statistics (ONS).

Train passengers not getting fare price

Poor advice from rail staff means that some passengers could be paying more than double the cheapest train fare, reveals an investigation by Which?

Students spend 5% more in 2009

New research from the Halifax shows that the average student now spends 5% more on university term time costs than in 2008. This is despite 59% of students saying that they have cut back on spending due to the current economic climate.

CPI inflation unchanged while RPI rises to -1.4

Consumer Prices Index (CPI) annual inflation was 1.8 per cent in July, the same as June, which is below the Government's 2 per cent target.

Save money with broadband, phone and TV packages

The cost of broadband, mobile phone, landline and pay-TV subscriptions are amongst the only household bills to fall over the last 18 months, yet over 33 million people (69 per cent) have failed to ensure they are on the best deal by reviewing their subscriptions over the past year according to new research from moneysupermarket.com.

10 million Brits cut holiday budgets this summer

As millions of Britons prepare to jet off on holiday, new research by Santander Cards reveals that cutbacks are at the forefront of many holidaymakers' minds this summer, with a quarter of those who are going away (10 million Britons) dramatically reducing their overall holiday budget.

ASDA wins market share

ASDA has announced that it has continued to grow its market share, through increased sales volumes. This growth has been driven by attracting more customers by lowering prices and improving product quality.