Over half of Brits 'have never switched bank account'
25 May 2012
A survey of more than 14,000 readers of personal finance website moneywise.co.uk indicates that 67% of Brits have stayed with the same bank account for the last decade and 59% have never switched. This is despite switching being easier today than ever before.
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One in five people over 60 in debt according to Age UK
25 May 2012
Age UK noted that the number of people over 60 in debt has 'risen sharply' over the last year.
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Quiet mortgage market 'pushing up rents'
25 May 2012
More people are being forced to remain tenants - at a higher cost - because of the relative difficulty of obtaining a mortgage, according to the Royal Institute of Chartered Surveyors (RICS).
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Bank of England official: "Free banking is a myth"
24 May 2012
Andrew Bailey, who is set to become the financial services industry's chief regulator, has called free banking "a dangerous myth".
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Young drivers could pay 18% of salary for insurance
24 May 2012
Drivers aged 66-70 have the cheapest car insurance, according to research by Confused.com and Towers Watson.
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Debt a 'top 5' savings goal
24 May 2012
What are you saving up for? A wedding? A new car? To pay off your debts? New research indicates that they're all in the top 10 - but could you guess the order they come in?
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Parents and grandparents borrowing more for family members
23 May 2012
Supporting children and grandchildren is pushing 1.7 million parents and grandparents to use loans, savings, overdrafts and payday loans, according to research from MoneySupermarket.com.
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Mortgage lending 'fell 20% in April'
23 May 2012
Gross mortgage lending fell to an estimated £10.2 billion in April, marking a 19% drop from £12.6 billion in March, according to the Council of Mortgage Lenders (CML).
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Catalogue debts 'a growing concern'
23 May 2012
According to the Money Advice Trust, the National Debtline received over 25,000 calls from people with catalogue debts in 2011 - a record number.
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1 in 7 have insurance against illness
22 May 2012
When money's tight, different people will cut their spending in different ways, but making the right cutbacks is vital - or the consequences could be serious.
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