Money Saving News for May 2009
- Vet pet insurance 'may be important for women' - 27th May, 2009
Women in the UK are strongly attached to their pets, according to research released recently by Tesco Pet Insurance.
The company conducted a survey which revealed that more than three-quarters (76 per cent) of women talk to their pet as if it were human and 34 per cent claim to prefer the company of their pet to the company of other people... - Lloyds increases interest rates on savings accounts in the UK - 27th May, 2009
Savings accounts from Lloyds TSB may be set to get more popular, after the bank announced an increase in the interest rates it offers.
In a statement, the bank said it is increasing the interest rate on its monthly saver account to five per cent. The account is open to savers who make monthly deposits of between £25 and £250 for a period of 12 months... - Brits 'rely on using credit cards abroad' - 27th May, 2009
Many Brits rely on using their credit cards abroad in emergency situations, according to a survey conducted by Abbey.
The bank found that 69 per cent of people in the UK take a credit card away with them on holiday and 35 per cent of this group have found themselves having to rely on the card in an emergency situation... - Drivers looking for 'cheap bargain deals on wheels' - 27th May, 2009
Cheap bargain deals on wheels are attracting many motorists in the UK to the idea of ditching their car for a moped or motorbike, according to research released recently.
A poll published by the Post Office has shown that 31 per cent of UK drivers find the fuel efficiency offered by driving two-wheeled vehicles attractive when compared to four-wheeled cars... - Brits 'look for bargain breaks' - 26th May, 2009
Research conducted by Tesco Personal Finance has revealed that Brits are determined to go on holiday, despite the ongoing recession.
The study revealed that 25 million people will be taking a trip abroad this year. However, 34 per cent of those polled by Tesco also said they would endeavour to spend less on their holidays than last year... - Fixed-rate mortgages launched by first direct - 26th May, 2009
A new range of fixed-rate mortgages has been launched by first direct, which claims they will offer consumers increased flexibility.
The mortgages are aimed at customers who can offset their repayments against their savings and include a two-year fixed-rate mortgage charging interest of 2.99 per cent... - Money saving tips 'will help Brits through recession' - 26th May, 2009
Many people in the UK believe that taking account of money saving tips and planning their finances carefully will help them weather the current economic storm, according to a new poll.
The survey, conducted by uSwitch.com, reveals that 44 per cent of consumers are confident they will survive the recession without it having a huge negative effect on their personal financial situation... - Recession 'affects personal finances positively' - 26th May, 2009
The recession may be having a positive effect on the personal finances of many people in the UK, according to research published recently.
A poll conducted by uSwitch.com found that around 4.3 million people in the UK may have been positively affected by the recession, with 35 per cent seeing their mortgage payments decrease as interest rates fall.
More than half (54 per cent) of those polled claimed they have been benefitting by taking advantage of the cheap bargain deals offered by retailers during the recession.
Meanwhile, three per cent of those polled even viewed losing their jobs in a positive light, as they claimed that being made redundant had given them new opportunities... - Money saving tips 'help Brits change spending habits' - 26th May, 2009
Millions of Brits are altering their spending habits and taking heed of money saving tips as a way of cutting their expenditure during the recession, it has emerged.
A poll conducted by uSwitch.com revealed that around 38 million adults in the UK, or 78 per cent of those surveyed, are planning to change the way they manage their personal finances... - Brits 'spend millions' on credit cards abroad - 22nd May, 2009
Using credit cards abroad can incur foreign exchange fees and, according to research by Abbey, Brits pay millions of pounds in these fees each year "unnecessarily".
The bank calculated that people from the UK spend around £73 million in foreign exchange fees every year. It conducted a poll which revealed that 57 per cent of holidaymakers use a credit or a debit card to pay for purchases abroad...