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Spending Habits

Consumer confidence dips for second time in 2014

Consumer confidence has dropped for the second time this year, falling six points to 146, according to the Lloyds Bank Spending Power Report.

£877,000: the cost of meeting ‘life goals’ for the average UK couple

The average UK couple spend close to a million pounds (£877,000) on key lifetime events such as buying a house, getting married, having children and enjoying a comfortable retirement, according to a report from Lloyds Bank.

Christmas is coming - make every penny count!

Christmas is a special time of the year to spend with friends and family, but research from the Money Advice Service in 2013 showed that a third (34%) knew they would start the New Year in debt.

Consumer confidence hits new high

The Lloyds Bank Spending Power Report for August finds that consumer confidence has continued to rise, with the index reaching 152 points, the highest ever seen in the survey.

Households need to find an extra £381 a year each to maintain standard of living

The latest data shows UK inflation (CPI) grew by 1.5% in August 2014, down from 1.6% in July.

Spend it like Beckham

The perceived novelty of their salary hitting the bank leads to one in three Brits going all out to treat themselves, according to a report into salary spending behavior commissioned by cashback and rewards site Quidco, that revealed the average adult will have spent almost a fifth of their wages within twenty four hours of it hitting the bank.

UK is becoming a nation focused on value for money

The UK is becoming a nation focused on value for money, according to research from Clydesdale Bank and Yorkshire Bank.

One in three families struggle with back to school costs

With the end of the summer holidays looming, British parents are due to pay out over £1.9 billion to ensure their kids have everything they need for the new academic year, according to the latest research from Halifax.

Personal spending habits cause friction in over a third of relationships

How much you spend could have an impact on your relationship, according to a report into spending behavior commissioned by cashback and rewards site Quidco, that revealed that over one in three (38 per cent) of coupled up Brits argue about how much money is being spent by their partners.

Housing cost “cliff edge” with 3 in 5 worried about household bills

Citizens Advice has warned that competing bills mean that half of households will have to cut spending this year.

Parents spend £2.5 billion preparing kids for the new school term

Parents across the country face the costly task of preparing their kids for the new school year as new research by Santander Credit Cards reveals the eye-watering cost of going back to school.

Bagging a bargain: Why Brits can’t resist a special offer

Seeing a product that’s on sale or has had the price marked down is enough to convince two-thirds of shoppers to spend their money.

Parents get the maths wrong on back to school budget

Parents get the maths wrong on back to school budget

With the back to school deadline looming, it’s not just the kids who are caving in to peer pressure, as almost half (47 per cent) of parents admit they feel the need to buy their children new items to keep up with other parents.

Households waste £227 million a year leaving appliances on standby

Households across the country are losing out on £227 million a year by leaving electrical appliances on standby according to new research from uSwitch.com.

UK households need to find £406 each to maintain standard of living

The latest data shows UK inflation (CPI) grew by 1.6% in July 2014, down from 1.9% in June. This change in inflation leaves UK households collectively needing to find an extra £10.7bn a year to maintain their standard of living compared to 12 months ago, according to MGM Advantage, the retirement income specialist.