Spending Habits
Long term care more expensive than Eton
Over 50s drastically underestimate the potential cost of long term care for themselves or their loved ones, according to research by Saga Personal Finance.
Spend-happy families need financial reality check
Consumer spending is set to weaken sharply over coming months as the reality of deteriorating financial conditions finally hits home for households across the UK, according to a new index launched by the Alliance Trust Research Centre (ATRC).
Record rate of inflation for elderly
As the Office for National Statistics today reports that headline inflation has moved above the Chancellor’s upper boundary, to 3.1%, an independent study reveals the impact of price increases on homes run by the elderly has hit a record level.
UK inflation rises to 3.1 per cent
CPI annual inflation – the Government’s target measure – was 3.1 per cent in March, up from 2.8 per cent in February, latest figures from the Office for National Statistics show.
Time poor Brits turn to domestic help
Cash rich, time poor, 21st century lifestyles are forcing more households to employ domestic help according to new research from Barclays Premier Banking.
Oldest households still hit by the highest living costs
The inflation rate facing households over 75 is consistently higher than any other age group reveals latest figures from the Alliance Trust Research Centre’s ongoing ‘Age and Inflation’ study.
Holidaymakers set to reap sterling benefits
Long haul destinations like South Africa, Dubai, Egypt and Mexico join Turkey, best value in Europe, as the countries where the pound will stretch further for UK holidaymakers this year.
Buy now, think later – “generation spend” exposed
Over 7.5 million consumers are only considering their financial situation in the short term, according to research from Unbiased.co.uk. Even worse, about 3 million Britons make purchases based solely on desirability rather than affordability and describe themselves as “Frivolous Spenders”.
Don't let impulse buying this Bank Holiday leave you sitting out in the cold
As the bank holiday weekend approaches, Consumer Direct, the government advice service, is encouraging people to think carefully before buying furniture on impulse.
Consumer confidence improves
The Nationwide Consumer Confidence Index rose for the third consecutive month to 88.
Wedding guests spend £13.8bn attending weddings
British wedding guests spend £13.8 billion attending weddings every year, according to new research.
Lowest income households face highest rise in living costs
As inflationary concerns remain in the spotlight with a slight lift in headline inflation last month, the latest study by the Alliance Trust Research Centre shows that the lowest income households face an inflation rate substantially higher than the rest of the UK population.
Don't let your kettle get you in financial hot water
The UK spent £5.7 billion on household appliances in 2005, according to research from Halifax Credit Cards.
Consumers look to make green the colour of their money
The political desire to tackle climate change is being matched by consumers according to a recent study by Co-operative Financial Services (CFS).
Inflation for elderly at more than double government’s target
While the official headline rate of inflation has increased by 0.1% to 2.8%, the impact of price increases on homes run by the elderly has been more severe than official figures suggest.