Moneyfour

Twenty and thirty-somethings rely on their parents

Moneyfour.com — Fri, 28 Oct 2011 08:59:59 +0000

Nearly two thirds (62 per cent) of Brits with adult children say that their offspring still rely on them for help with everyday tasks, reveals research by Churchill Home Insurance. Over a fifth of parents say that their twenty and thirty-something children still ask them to help out with their washing, cooking or cleaning (22 [...]

UK’s teenagers worth £2.4 billion

Moneyfour.com — Wed, 26 Oct 2011 08:35:11 +0000

UK teenagers worth an average of nearly £500 every time they step out of the front door a new study reveals. Teenagers are worth nearly £50 more2 when they leave the house than in 2010 according to Allianz Your Cover, thanks to the clothes they wear and the gadgets they carry. If a teenager is [...]

Does online banking make you savvy?

Moneyfour.com — Tue, 25 Oct 2011 09:16:10 +0000

Nationwide Building Society has unveiled research showing that nearly six out of ten people (58%) are more aware of their personal finances as a result of online banking and a third (33%) are more aware of their household’s financial situation because they do their banking online. In fact, online banking is not only boosting the [...]

AA reward plus credit card: Now anyone can apply

Moneyfour.com — Tue, 25 Oct 2011 07:10:32 +0000

The AA’s new Reward Plus credit card, previously exclusive to AA members, is now available for anyone to apply for. Responding to AA customer research, the card is designed to help drivers manage their petrol and diesel buying as well as earn cash back on everything else they buy. At a time when petrol and [...]

Take a diet cola break and save for Christmas

Moneyfour.com — Fri, 21 Oct 2011 08:54:34 +0000

With 9% of people saying they’d spend over £500 on Christmas gifts for their immediate family first direct have identified an easy way to save enough in time and have plenty left over for the work Christmas party. Halloween is just round the corner which means it’s only 9 weeks until Christmas and time is [...]

Nationwide offers market leading £100 switcher promise

Moneyfour.com — Thu, 20 Oct 2011 11:15:51 +0000

Every six minutes someone transfers their current account to Nationwide and over the last six months it has seen the number of account transfers increase by nearly a third. The Society anticipates that numbers will continue to rise as today it outlines a set of promises to reassure others who wish to transfer their current [...]

Nearly half of Brits struggle to pay utility bills

Moneyfour.com — Thu, 20 Oct 2011 09:13:15 +0000

Research by home insurance provider swiftcover.com has found gas and electricity bills are Brits’ biggest financial worry, with 39 per cent citing utility bills as their top concern. Furthermore, the research went on to reveal that one in four (23 per cent) mortgage holders are concerned about being able to meet monthly payments, while having [...]

Young cut back their spending most in recent recession

Moneyfour.com — Thu, 20 Oct 2011 08:09:41 +0000

New research published by the IFS throws more light on the nature of the recent recession and its impact on households. The research shows that the 2008-09 recession was different from the recessions of the 1980s and 1990s in the scale of the falls in household expenditure, in how long those falls have persisted and [...]

Earn up to £420 by switching current accounts to Santander

Moneyfour.com — Wed, 19 Oct 2011 10:42:13 +0000

Customers could earn up to £420 by switching their main current account to Santander’s Preferred, Reward or Premium current accounts, with a best buy in-credit interest rate of 5 per cent AER (fixed) for 12 months paying up to £120, plus £300 for switching. Liz Chang, director of banking at Santander, said: “Our £300 switching [...]

Brits plan to spend £560 celebrating Christmas

Moneyfour.com — Wed, 19 Oct 2011 10:30:02 +0000

Brits plan to spend an average of £560 celebrating Christmas this year – with almost half of people planning to put current economic conditions to one side and spend the same amount on presents for their family as last year. The HSBC Christmas Spending Survey found that across the UK people will spend on average [...]

Car premiums fall by just £2

Moneyfour.com — Wed, 19 Oct 2011 09:22:16 +0000

The biggest car insurance premium increases since records began appear to have ended, according to the latest AA British Insurance Premium Index. The broker’s benchmark Shoparound index, an average of the cheapest three quotes from a range of insurers for each ‘customer’ in a UK-representative basket of risks, fell by 0.3 per cent (just £2) [...]

Show me the love and I’ll show you the money

Moneyfour.com — Wed, 19 Oct 2011 08:17:22 +0000

Brits are unwilling to share everything about their finances with their partner, at least until they’re sure they are in a committed relationship, according to new findings from Scottish Widows’ Dare Not Ask survey. 6.6 million loved-up Brits (19%) admit they don’t know everything about their partner’s finances, and 7.3 million say they only share [...]