Spending Habits
Strengthened consumer protections come into force
A new system that will better protect consumers comes into effect this week: From 1 October:
Citizens Advice welcomes safeguards on doorstep sales
New rights protecting people from high-pressure doorstep sales have been welcomed by Citizens Advice.
Better protection when buying from doorstep salespeople
The OFT is launching a new awareness campaign to inform consumers that from today (1 October 2008) if they buy from salespeople who visit them in their own homes, they will have seven days to cancel the agreement.
Over half of students receive parental funding through university
Over half (53%) of students receive funding from their parents to help them through their studies, according to research by the Halifax.
Credit crunch lessons lost on Brits
Brits are ‘budgeting blind' through the credit crunch, according to new research from Norwich Union. Despite spending millions of hours researching financial products, most Britons have little idea about what more than half of their hard earned cash is buying.
Grandparents become 3GB cash machines
More than half of grandparents in Great Britain have found themselves having to support two generations of their family in the past six months (57%), according to research from Engage Mutual.
Brain drain Britain
One in five young Britons (20%) are considering quitting the UK to try to escape the current market meltdown threatening an unprecedented “brain drain” – the disappearance of a whole young generation of talent into another country.
Universities call in FSA Money Doctors
As the new university term begins, the Financial Services Authority (FSA) has set its sights on introducing its Money Doctors financial education programme to 50 more universities this year as research shows that young people are least able to manage their finances among UK adults.
Men spend more than women on non-essentials
Despite common stereotypes of women as shopaholics, Fairinvestment.co.uk has found that men are actually spending more money than women when it comes to entertainment, clothes and luxuries, despite the current financial climate.
Students feel the pinch
Students gearing up for the first weeks of term are feeling the effects of the rising cost of living according to new research from Abbey Banking.
Credit crunch and technology turning Brits into nation of planners
New technology coupled with the credit crunch is turning Britons into a nation of planners according to research by The Co-operative Life Planning team.
Credit crunch? Don’t panic!
Everyone is talking recession, recession, recession. It may sound scary and upsetting. But don't panic.
When times are tight - find a donkey
Well metaphorically speaking anyway, we mean find someone to do all the cost-saving, bargain-hunting, donkey work for you.
Money saving tips to weather the credit crunch
As Brits tighten their purse strings and the credit crunch worsens, Fairinvestment.co.uk offers tips on staying afloat financially, recession or no recession.
Parents urged to get children's finances in order ahead of university
With thousands of parents packing their children off to university, Confused.com – UK price comparison service - offers some important tips on how to save money by getting the best deals before they go: