Household Spending Habits

Consumers urged to cut cost of insurance

As Brits resolve to tighten their financial belts at the start of the year moneysupermarket.com reveals that a few simple steps could cut the cost of your insurance by nearly £800 on average this year.

Postal services 'second-class'

Satisfaction with postal services compares poorly with ratings given to other service providers such as banks, broadband providers and mobile phone companies, according to a recent survey by Which?

Borrowing wisely makes a big difference

By using credit wisely and choosing the right way of borrowing, people could be better off by hundreds of pounds, says Which?

Don’t turn a post-Christmas debt dilemma into a disaster!

The Motley Fool cautions distressed debtors to tread carefully before turning to debt management companies.

2006 debts reach highest ever levels in the UK

UK debt levels reached an all time high of £1,268 billion in 2006, a staggering 217% increase from £400 million 13 years ago.

Brits annoyed at receiving less than they gave

Over one in ten UK adults (11 per cent) were left disgruntled by this year’s Christmas gift-haul because they felt they had spent more on others than others had spent on them, according to a post-Christmas poll.

January bargain hunters plan £5.5 billion spending spree

Brits are set to see in the New Year with a £5.5 billion shopping spree in the January sales.

Shoppers get set for January sales

As if the Christmas present buying frenzy wasn't enough: two thirds of us will be heading for the shops again in the New Year to check out the January sales – equating to around 31 million sales shoppers throughout the UK.

Hogmanay 2006 – Scotland’s big night in

Scotland’s reputation for upholding Hogmanay celebrations could be a thing of the past as a new report has found the vast majority of Scots are planning on snubbing the revelry this year because of the cost of partying and the struggle to get a taxi home.

New Year’s Eve 2006 – the nation’s big night in

New Year’s Eve is overpriced and overrated. This is the conclusion of the many Brits who are planning to see in 2007 with an evening at home with friends and family - rather than battle the queues in pubs and face the expense of the taxi home.

Over £700k per minute to be spent in Christmas Eve rush

Millions of shoppers are leaving their Christmas shopping to the last minute with 20.1 million people planning to hit the shops on Christmas Eve. Sainsbury’s Credit Cards research indicates that 49% of adults, intend to do some of their Christmas shopping on Christmas Eve, spending around £1.14 billion. This is equivalent to £47.5 million an hour or £791,667 per minute. The bank estimates that around 18% of this will be placed on credit cards.

Spending Habits