Spending Habits
Consumer confidence bounces back
The Lloyds Bank Spending Power Report for October finds that consumer confidence has increased to reach its second highest score since the start of the index, climbing five points to 151.
Christmas shoppers set to miss out on £347 of rewarding spend
On average, Christmas shoppers expect to spend a total of £439 this festive period (£182 on food and drink and £257 on presents), according to research from M&S Bank.
Almost half of Brits to use credit and overdrafts to cover Christmas
Almost half of Brits (46%) will turn to credit cards, store cards and overdrafts to cover the cost of Christmas this year, according to the Money Advice Service’s annual Christmas spending survey.
Brits set to spend over £17 billion on Christmas cheer
With Christmas fast approaching and the number of shopping days dwindling, research from MoneySuperMarket predicts festive expenditure is set to exceed £17 billion with Brits splashing out an average of £383 per person this year.
1 in 7 Brits say they would spend £100 on an impulse purchase
One in seven Brits would spend up to £100 on an impulse buy, according to a new survey.
Fear of missing a deal drives impulse buyers to purchase 11 items per month
Fear of missing a deal (“FOMAD”) could be driving 44 per cent of people to impulse buy online, and 52 per cent to impulse buy in-store, with the average impulse buying Brit buying 11 things a month because they are on sale, according to research revealed by UK cashback and reward site, Quidco.
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.