Personal Insolvencies Drop by 19%: A Positive Trend Amidst Financial Concerns
According to the latest data from the Insolvency Service for England & Wales, the number of personal insolvencies witnessed a…
Spending Rises as Household Bills Fall: Nationwide’s Insight
Spring has brought a wave of optimism as households across the UK loosen their purse strings, spurred by a decline…
Consumer Confidence Hits Two-Year High: A Positive Sign Amid Economic Shifts
Consumer confidence has soared to its highest level in two years, according to Deloitte’s latest consumer confidence index. This surge…
Interest Rate Cut Delays Predicted to Subdue Growth Amidst Economic Uncertainty
The British economy is poised for continued sluggishness this year, as the Bank of England postpones interest rate cuts amidst…
Households Allocate £2,081 Monthly for Essential Spending
According to the latest data from Hargreaves Lansdown’s Savings & Resilience Barometer, households in the UK are allocating an average…
Inflation Dips to 3.2% in March: Industry Weighs In
The Office for National Statistics (ONS) has released its latest Consumer Price Index (CPI) data, revealing a drop in inflation…
Consumer Spend £1.4 Billion on Bank Overdraft Interest Annually
A recent study conducted by TotallyMoney has shed light on the alarming amount of money consumers spend on bank overdraft…
Warning of ‘Lack of Transparency’ Over Interest Charges Sparks Concerns
A recent analysis conducted by MoneyComms has sounded the alarm on what it terms a ‘lack of transparency’ from lenders,…
Second Charge Mortgages Surge by 17% in February: FLA Report
Recent data from the Finance & Leasing Association (FLA) has revealed a substantial uptick in second charge mortgage new business…
Consumer Card Spending Growth Observed in March
March brought with it a stagnation in consumer card spending growth, echoing February’s modest uplift, according to recent analysis by…