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One million more households under financial pressure
A new survey has revealed that the double dip recession has hit more than one million households across the UK. The latest ‘MoneyMood’ survey, which was conducted by Legal & General, found that the number of households who say they’re “struggling” to pay bills or sinking into debt had risen by 1.2million at the end [...]
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Costs for spare time spending soars
Latest research has revealed that British families are now facing the most expensive costs for filling their spare time in over a decade. The report, which has been conducted by Halifax, has revealed in its new bi-annual review, that leisure activities have reached their highest point in ten years. Out of the eleven leisure activities [...]
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Continuous Payments confusing Brits
A worrying new report has found that many British consumers are either being overcharged for something they no longer want, or forced to go overdrawn because of the confusion surrounding Continuous Payments. The research, which has been carried out by Consumer Focus, found that despite customers needing to cancel these types of payments via their [...]
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Brits to spend £36bn on summer holidays this year
A new report has revealed that despite the current economic crises, nearly 24 million Brits are planning a big holiday for this year. The research, which has been carried out by British Airways American Express Credit Cards, found that UK adults are expected to spend up to £923 per person on a 2012 holiday and [...]
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V.me digital wallet launched by Visa
Another mobile payment method has been announced by Visa, which has revealed that its UK launch of the digital wallet, V.me, will come about in autumn this year. The new V.me service will allow users to store multiple credit card details into their ‘digital wallet’, making it possible to pay for goods online, using a [...]
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New app allows consumers to check credit on their phone
The latest mobile app has been launched by Equifax, which will enable consumers to access and monitor their credit data through their smartphone. The new app has been created by Equifax, who have said that they are the first credit information provider to ‘launch a mobile app that provides full access for consumers, to their [...]