By Felicity Anderson. Recent research has highlighted the rise of a "disheartened and discouraged over-50s," workforce, that feels unsupported by employers and yet confident about their skills in the workplace. Insurance firm Aviva, surveyed 2,500 adults, finding that almost two-thirds of over-50s in work, that's 6.4 million people, were planning to retire later than they [...]
By Felicity Anderson An interactive map has revealed that people living in London and further South boast higher credit scores than those from the North. The map was compiled by free credit reporting firm TotallyMoney, which also surveyed 2,000 people about credit reports and credit scoring. Revealing some common credit related misunderstandings, the survey highlights [...]
By Felicity Anderson Debt collection agencies are frequently known for their high-pressure tactics and dogged pursuit of unpaid debts, often adding on extra charges for visits and paperwork. A new report, titled, ‘Household finances: income, savings and debt', from the Treasury Select Committee, has highlighted the frequent use of such agencies by local councils and [...]
Car owners across the UK can breathe a sigh of relief as figures from the AA show that insurance premiums are on the decline. Recent figures from the AA index, charting the quarterly movement of car insurance prices, highlight that premiums are now over 10 percent lower than a year ago, saving the typical driver [...]
Most people welcome the notification of a tax rebate from HM Revenue and Customs (HMRC). Usually accompanied by a cheque for the amount of tax that has been overpaid throughout the previous financial year, this notification always comes in letter form sent through the post. Seizing the opportunity to tempt unsuspecting taxpayers with a fake [...]
By Felicity Anderson. School children long for them, but for many working parents the summer holidays and paying for the necessary child-care to cover them is proving an expensive headache. A new report from the Family and Childcare Trust has revealed that parents paying for full-time childcare over the summer break will shell out an [...]
By Felicity Anderson A major service used within UK banking for moving money between accounts at different financial institutions, suffered a fault on Sunday, which has left thousands of UK customers out of pocket. A spokesperson for The Faster Payments System claimed yesterday that it has been clearing the backlog and checking missed payments manually, [...]
By Felicity Anderson The outcome of a recent court ruling in Manchester could create a fresh round of PPI claims, potentially worth billions of pounds. Manchester County Court has ruled that a couple is entitled to compensation worth the full sales commission that they paid on their Payment Protection Insurance (PPI) policy, plus interest. Totalling [...]
By Felicity Anderson The owner of the UK’s leading coffee chain has reported a decline in like for like sales for the first quarter of its financial year - blaming the fall on Britain’s ailing high street. Citing a decline in shoppers as the reason behind the 2pc drop in like-for-like UK sales, Costa Coffee [...]
By Felicity Anderson Apps used on smartphones will supersede online banking through computers by as early as next year, according to industry analyst CACI. The prediction comes as a report released this week shows that UK customers logged into banking apps over 5.5 billion times last year, which is a 13% rise on 2016, according [...]