Personal Finance

Why Are Women More Likely to Go Bankrupt Than Men?

Sarah Moyes | Posted 21.07.2014 | UK Lifestyle
Sarah Moyes

It was revealed last week that young women are more likely to fall into personal insolvency than young men of the same age. The figures, which were quite alarming if you're a woman, showed that nearly eight out of 10,000 young women became insolvent last year, compared to just four men in 10,000.

DIY Your Way Out of Pension Confusion

Huw Evans | Posted 09.09.2014 | UK Lifestyle
Huw Evans

Pensions are a major conversation point at the moment, since George Osborne announced dramatic changes in this year's budget. But what exactly is so different from what went before? And why all the fuss?

Will Nobody Rid Me of This Turbulent Priest?

Alex Letts | Posted 03.09.2014 | UK Tech
Alex Letts

The hitmen allegedly hired by Henry II to sort out Thomas Beckett may be back in business if the current Archbishop of Canterbury continues to make waves over the plight of those exploited by exorbitant APRs. But they won't be hired by the Crown this time, more likely by the loan sharks.

Do I Really Want to Meet My Bank Manager?

Anil Stocker | Posted 19.08.2014 | UK Politics
Anil Stocker

When was the last time you met your bank manager? When was the last time you walked into a bank branch and interacted with anything other than a machine? My guess is that many people will struggle to remember.

Defusing an 'Affordability Timebomb'

Graeme Yorston | Posted 19.08.2014 | UK
Graeme Yorston

Perhaps one of the most positive outcomes of the recent economic crisis was the message that consumers would benefit from saving more and borrowing more responsibly. So accessible were interest free loans, 105% mortgages and credit accounts that consumers came to believe they could afford anything, irrespective of their financial circumstances.

Paying for a Wedding - Who, How and Cutting the Bill

Sarah Willis | Posted 18.08.2014 | UK Lifestyle
Sarah Willis

Traditionally, the majority of wedding costs were paid by the father of the bride. This is rooted in the dowry tradition, where the groom's family were compensated for taking on the financial burden of the bride.

You Are Probably Buying Way Too Much Insurance - Don't!

Lars Kroijer | Posted 05.08.2014 | UK
Lars Kroijer

In very rough terms the world of insurance is divided into life and non-life insurance. Non-life insurance is for things like your car, house, travel...

Shedding Money Worries and Unleashing Your Creative Beast

Martyn Sibley | Posted 03.07.2014 | UK Lifestyle
Martyn Sibley

Unless you don't follow me on social media or you live in a cave, you'll know that I'm staying in Spain for a few weeks. Beyond the sun, sea, culture, language and everything else I love about this country; it has also marked some very significant aspects of my life.

Failed Romances Can Cost More Than a Broken Heart

James Jones | Posted 21.05.2014 | UK Lifestyle
James Jones

One in eight people say they have been impacted by a current or former partners' bad credit rating, while a further 5% have admitted that they have had a negative impact on their partners' credit worthiness.

Enough Is Enough - Energy Prices Can be Cheaper

Sarah Willingham | Posted 17.05.2014 | UK
Sarah Willingham

Millions of people across the country are feeling powerless with stupidly high bills, appalling customer service and complicated tariffs. However, this new campaign puts the ordinary consumer back in the driving seat.

Will We Ever Repay Our Student Loans?

Imogen Groome | Posted 13.05.2014 | UK Universities & Education
Imogen Groome

The rise in interest rates and the disappearance of the 30-year cap on loan repayments mean that graduates could be in debt until they retire. This move could deter students from applying to University, making the motive of increasing tuition fees to improve standards useless.

Spring Cleaning and Finances - It Needn't Be Scary (But for Some It Is)

Judith Lewis | Posted 30.04.2014 | UK Lifestyle
Judith Lewis

So lately I've been researching one of the world's more scary financial terms - debt consolidation - for a few reasons. Some of my female friends feel intimidated or afraid of their finances. They refuse to open bank statements and think they can just bury their heads in the sand and it'll all be OK.

If You Are Going to Threaten People to Pay Their Bill...

Simon Stevens | Posted 22.04.2014 | UK
Simon Stevens

Language is very important and as we can see, getting it right can in some cases be a matter of life or death. And while I understand big companies need to chase people who do not pay their bills, they need to be accurate in the way they communicate with customers.

Many Help to Buy Hopefuls Are Ill-Prepared for the Scheme

James Jones | Posted 01.04.2014 | UK Politics
James Jones

Help to Buy is bringing homeownership to within touching distance for thousands of younger buyers earlier than they may have thought possible. But it's important to remember that the deposit is just part of the equation and consideration must be given to how much you can afford to borrow - and crucially repay in the years to come.

Britons Need Saving From Our Savings Crisis

Alex Letts | Posted 31.03.2014 | UK
Alex Letts

Britain is in the throes of a personal finance crisis. Dramatic figures out recently revealed that personal debt totals £1.43trillion and the average household debt is almost twice as high as a decade ago at £54,000. To some this would come as a surprise, but to many it is confirmation that they are not alone in their struggle.

Why 2014 Is the Year to Make Your Dreams Come True

James Jones | Posted 24.03.2014 | UK
James Jones

We are now fully ensconced in January, with the celebrations of Christmas a seemingly distant memory. It can always be tempting to wish it was still the festive season, but I wanted to move away from this and instead look at what will make 2014 a great year.

Wedding Vows 2014 - 'Til Debt Us Do Part

James R Brown | Posted 17.03.2014 | UK Lifestyle
James R Brown

In the past five years, we've seen an almost 50 per cent rise in the number of cases where one party in the marriage is left claiming they're "picking up the tab" for debts they didn't build up. This can happen for two reasons.

London Commuters Want Bosses to Offer Flexible Working as Rail Fares Rise Again

Andrew Millard | Posted 10.03.2014 | UK Tech
Andrew Millard

Here's an alarming statistic for you: more than one in five commuters say rising fares are leading to them considering looking for work outside of London according to a OnePoll survey of over 500 London workers. This would be a disaster for the Capital's business scene. Can you imagine losing more than 20 per cent of your workforce to rising commuter costs?

All Year Resolutions!

Louise Presley-Turner | Posted 04.03.2014 | UK Lifestyle
Louise Presley-Turner

By simply taking each month as it comes and applying positive changes, you're not trying to conquer the world in one fell swoop, but taking small baby steps towards long-standing change that will last for years to come. Here's how.

No Room for Rip-Off Pension Schemes in the Workplace

Peter Vicary-Smith | Posted 26.02.2014 | UK Politics
Peter Vicary-Smith

The Regulatory Policy Committee's recent response to the Department of Work and Pensions' (DWP) Impact Assessment on a pension charge cap is disappointing, and seems to be more concerned about the impact on pension companies' profits than the potential benefits to consumers.

So Gold Does Grow On Trees?

The Huffington Post UK | Posted 23.01.2014 | UK

Money doesn't grow on trees, but gold certainly appears to, according to Aussie scientists who have confirmed that gold is found in the leaves of some...

The Cost of Living Election Battle Has Already Started

Richard Lloyd | Posted 19.11.2013 | UK Politics
Richard Lloyd

Rising food, fuel and energy costs consistently come top of consumers' financial worries; and we are increasingly seeing people getting into debt or using credit to pay for essentials like food and household bills. Large numbers of households have no financial buffer to draw on if they're hit by an unexpected expense... The cost of living election battle has already started.

Seven Tests for Seven Day Switching

Richard Lloyd | Posted 15.11.2013 | UK
Richard Lloyd

Half of people have never switched bank account, despite the fact that some could make significant savings a year in bank charges and credit interest by switching. For the new service to be truly successful it will need to significantly transform switching rates from last year's tiny 3%.

Can You Pingit? Erm... No I Can't

Daniel Lowther | Posted 12.11.2013 | UK Tech
Daniel Lowther

I'm a big believer in mobile payments. Having worked with companies like Visa and VeriFone for many years, I truly believe that mobility will revolutionise how we pay, get paid and manage our finances.

Poor Web Education is Leaving Millions Out of Pocket

Marie-Louise Abretti | Posted 12.10.2013 | UK Tech
Marie-Louise Abretti

While access to the internet is one thing - the government is working to grant 90% of premises across the UK with broadband speeds of at least 2Mbps - education has been overlooked. We need better education so that consumers know about these costs and can make an informed decision.