In addition, the Bupa survey found that half of those polled worried about spending all their savings on care, with 42 per cent claiming that they would rather pay for care than be a burden on their family. Only a…

On January 1st 2007 Scottish and Southern Energy will increase its gas prices 12.2 per cent and up its electricity costs 9.4 per cent. Eight days later British Gas is set to increase its online Click Energy tariff, moving it…

Even though divorce rates are falling, Norwich Union states in its report on the cost of splitting that the average couple has to fork out £28,000 when their marriage ends, twice the amount spent in 2003. Simon Quick of the…

Both uSwitch and the Motley Fool called for lower charges and for disgruntled customers to reclaim unlawful charges from their banks. However, David Kuo, head of personal finance at the Motley Fool, said that customers should still be financially educated,…

Over the penultimate quarter of 2006, almost a third of under-thirties were forced to use their savings in order to meet the payments of unexpected bills, Birmingham Midshares claims. “Our latest findings make for worrying reading as we move into…

Following proposals by the Treasury’s cash machine taskforce, the government will include a “financial inclusion premium” into the rules for Britain’s network of ATMs. This should lead to 600 new free-of-charge cashpoints appearing in some of Britain’s poorest areas, hopefully…

According to mform.co.uk, debt management is a problem for many due to the amount of mortgage repayments they make. Eamonn Rice, chief executive of the website, said: “Rising property prices means that homebuyers have to take out larger mortgages coupled…

According to the Abbey report, only 31 per cent of people claim they never run out of money each month, while 54 per cent adopt a monthly debt management plan to ensure they never get strapped for cash. In addition,…