Money Saving News for April 2009
- Money off gift vouchers 'helping cash-strapped Brits' - 28th April, 2009
Money off gift vouchers are helping many Brits to save money on their living costs, according to a poll conducted by uSwitch.com.
The website's survey found that 53 per cent of people in the UK have recently used money off coupons in a restaurant in order to get more meal for their money... - Brits haggle for 'cheap bargain deals' - 28th April, 2009
Finding cheap bargain deals is becoming increasingly important to Brits out shopping and a new survey has shown that increasing numbers of people in the UK are no longer afraid to haggle prices down.
The poll, conducted by uSwitch.com, found that 64 per cent of people in the UK are now adopting a discretionary approach to haggling for the best cheap bargain deals.
While this group only argues over items which they believe they can get cheaper, one in ten people will try bargaining over any item they now buy. Just 12 per cent of people told uSwitch.com they are too embarrassed to haggle these days... - Cheap car insurance 'unavailable to young people' - 28th April, 2009
Many young drivers in the UK are unable to find cheap car insurance quotes, according to research conducted by moneysupermarket.com.
The website suggested that age discrimination is rife within the auto insurance industry after its research found that a 17-year-old male living in Lancaster would find car insurance cost 52 per cent more on average than if they waited to turn 18... - ISA savings accounts 'may be right for first time savers' - 28th April, 2009
ISA savings accounts can offer attractive rates of return and may be the best option for first-time savers, according to one expert.
Kevin Mountford, head of banking at moneysupermarket.com, said that ISA savings accounts often offer some of the most competitive interest rates and that this, combined with the tax-free interest earnings, could be best for many savers... - BBA: Mortgage companies' lending reduced - 28th April, 2009
Mortgage lenders in the UK are offering less money to prospective house buyers, according to the latest statistics from the British Banking Association (BBA).
The industry organisation's statistics revealed that gross mortgage lending fell from £9.2 billion in February to £8.9 billion in March, while the total amount approved for all mortgages fell from £7.7 billion to £7.3 billion... - Basic bank account special offer from Alliance & Leicester - 27th April, 2009
This spring, Alliance & Leicester is attempting to put a spring in the step of UK basic bank account customers by offering them cash to switch their current accounts.
The bank will give people who switch their current account to Alliance & Leicester's Premier Current Account or Premier 50 Current Account before April 28th 2009 £100 as an incentive... - New car finance 'will appeal to 1.5 million UK drivers' - 27th April, 2009
Around 1.5 million motorists in the UK are likely to take advantage of the new car finance offered by the government's car scrappage scheme, new research has shown.
The study, conducted by car insurance provider Experian, revealed that around 7.1 million vehicles currently being driven in the UK would be eligible to take part in the scheme... - Permanent health insurance 'becomes more popular despite recession' - 27th April, 2009
Permanent health insurance is becoming increasingly popular in the UK, despite the ongoing recession, according to the latest figures from the Association of British Insurers (ABI).
The industry body found that last year, a total of 7.35 million people in the UK were covered by some form of private health insurance, representing an increase of 2.7 per cent on the total for 2007... - Money saving tips for motorists missing MOTs - 27th April, 2009
Motorists who miss their MOTs can end up paying up to £1,000 in fines and so may want to take heed of the money saving tips issued by uSwitch.com recently.
The website has launched an MOT reminder service after a survey it conducted revealed that more than two-thirds of drivers in the UK have driven past their MOT expiry date illegally... - ISA savings accounts prove popular at Clydesdale Bank - 27th April, 2009
Clydesdale Bank has announced that the total funds deposited by its ISA savings accounts has risen recently, suggesting that the accounts are becoming increasingly popular as a method of saving.
The bank attributes the ten per cent increase in deposits to the fact that its ISA savings accounts now offer a two-tier interest rate, meaning that customers who save more than £24,000 are paid two per cent interest...