Money Advice Service research has revealed that 45% of parents say their children are more likely to pester them for money or to buy them things in the lead up to Christmas. ‘Pester power’ is the ability children have to convince their parents to buy something, by asking for something repeatedly. A third of parents…

Millions of Brits are worried about the cost of Christmas this year, with half revealing they plan to borrow money just to cover expense, a new study has found.   While most will budget just £449 for the festive period – the reality is that we’ll each spend up to a whopping £1,086 on presents, food…

One-in-five people (22 percent) say they have previously borrowed money from friends and family to help pay for Christmas even though the majority are embarrassed about asking, a new survey reveals. The research, commissioned by Curve,  examines how people in the UK plan to finance their spending this holiday season. The results expect the average…

The value of residential mortgages written off by banks and building societies has increased by 58% in the last year, jumping from £77 million to £122 million in the year to 30 June  2018 according to new analysis by Moore Stephens. Moore Stephens says the increase could be an early sign of distress in the…

The Joseph Rowntree Foundation JRF) has released a new report which highlights than Britain are going into Brexit with half a million more children trapped in poverty, this following a relentless rise in the number of working families struggling to make ends meet over the last five years. It means in a typical classroom of 30 children, nine are now living in…

The LV= Income Roulette Report reveals that more than a quarter (28%) of people expecting to retire within the next five years don’t know how much they have in their pension pot. In addition to money worries, some did not feel emotionally ready for retirement with one in six (16%) admitting they were worried they…

According to new research, one in ten consumers will put the whole cost of Christmas on their credit card. The research by GoCompare Money, has found that the average British household expects to spend £719 on Christmas festivities this year. Collectively, the Nation will splash out £19.5 billion on gifts, food and drink, parties and Christmas…

VoucherCodes.co.uk, has discovered almost half of students (47%) have less than 10% of their loan remaining following Christmas celebrations with family and friends, causing over a third (36%) to confess they need to borrow money from their parents until they receive their next student loan. With the average student expecting to spend over £140 so…

The Competition and Markets Authority (CMA) has published its concern that Experian’s takeover of start-up rival ClearScore could stifle product development and impact customers. The CMA’s Phase 2 investigation has provisionally found that Experian’s takeover of ClearScore is likely to result in less intense competition, potentially harming the continued development of digital products which help…

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