Spending Habits
CPI inflation rises to 3.3 per cent in May
Consumer Prices Index (CPI) annual inflation – the Government’s target measure of inflation – was 3.3 per cent in May, up from 3.0 per cent in April.
Consumers set for long hot summer as inflation rises
Following the Bank of England's letter to the Chancellor announcing that the Consumer Price Index (CPI) has risen to 3.3% - well above its 2% target - independent price comparison and switching service, uSwitch.com, warns consumers to keep their cool this summer.
British men are the real Beale
It's official: British men don't like splashing the cash. According to new research a fifth of UK men surveyed compare themselves to Ian Beale from Eastenders when it comes to spending: with 20 per cent describing themselves as ‘tight' or ‘careful' with money.
Cool Dad syndrome could cost thousands a year
Research has unveiled a new generation of fathers suffering from ‘Cool Dad Syndrome', as they are put under pressure from their kids to keep up to date with the latest technology and trends.
PC rage leads to swearing, tears and even injuries
The frustration caused by PC inefficiency has prompted 1 in 5 people to hit their desk, led to almost a million broken monitors, driven 1 in 20 people to hit something so hard they hurt themselves and even resulted in just under half a million injuries.
Soaring inflation fails to deter eco-shoppers
Eco-shoppers are remaining committed to the environment despite rising food inflation and tightening household budgets according to new research from Virgin Money.
‘No-frills' summer as credit crunch takes toll on spending
More than a quarter (27 per cent) of Brits sometimes or always feel out of control with their finances and an additional eight per cent say they regularly spend more than they earn, according to research released by GE Money.
Compensation when businesses act unfairly
Following pressure from NCC, the Law Commission is bringing forward its work on a private right of redress under the new Consumer Protection Regulations (CPR).
OFT warns racegoers - 'don't be taken for a ride'
The OFT is warning consumers who like a flutter on the horses not to be conned by bogus racing tipster mailings. The OFT estimates that punters lose at least £5million every year to such scams.
Concerns rising about coping with debt mountain
Increasing numbers of people who owe money to banks and finance companies are concerned about their ability to manage their debts, new research from MoneyExpert.com reveals.
Brits spend over £200 to replace damaged contents
Have you ever spilt red wine on the carpet, knocked over a vase or watched in amazement as a toddler decides to draw on your sofa with a biro?
Sun, sea and spend
New research reveals that Britons become a nation of fritterers when they arrive on foreign shores. Despite many feeling the financial pinch at home, almost one in three (30%) will fritter away left over foreign currency whilst abroad, buying items they don't need, simply so that they do not have to convert their money back to Sterling.
Rising fuel prices pump inflation expectations
Inflation expectations for the next 12 months are creeping towards 4 per cent, as a record number of consumers feel the pressure of high fuel, food and energy prices, according to the latest Consumer Barometer from Lloyds TSB Corporate Markets.
Brits put life on hold for inheritance which may never come
Almost one in two Britons (45%) are putting their life on hold, saying that they are unable to afford to pay for big costs like mortgages and further education without the aid of inheritance according to new research from Engage Mutual.
Promotion - that's going to cost you
Fans of Hull, West Brom and Stoke City will spend an extra £100 million on their teams as a direct result of promotion to the Premiership, according to new research from Virgin Money.