The final month of full lockdown saw the annual growth rate of outstanding credit card balances fall by 12.6% in the year to May, as consumers continued to pay down their credit card bills, new UK Finance figures have revealed
Seventy-seven per cent of UK adults have indicated that lockdown has prompted them to make new financial resolutions for the next three to six months, rising to nine in 10 people aged under 35 (91%), according to AA Financial Services
Sanlam UK has announced the launch of its ‘Sanlam on Demand’ service which offers no-obligation, virtual consultations with expert finance professionals
Thirty-one per cent of people have suggested that giving a financial gift to children or grandchildren is more important to them since the outbreak of COVID-19, compared to just 23% before the pandemic, research from Hodge Bank has revealed
A total £2.3bn was withdrawn flexibly from pensions between April and June as COVID-19 took its grip on the UK, according to new data published by HMRC
Nutmeg has become the first wealth manager in the UK to offer Open Banking payments, giving customers the option to choose faster payments directly from their bank or building society
Thirty-one per cent of financial advisers have seen an increase in client enquiries above normal levels since the COVID-19 pandemic begun, according to new research from Aegon
A total of 323,767 properties have been bought with Help to Buy ISAs since the scheme launched in 2015, new figures published by the Treasury have revealed
Sixty-four per cent of adults in the UK have become reliant on mobile and online banking to manage their finances during lockdown, new research from Yobota has revealed
The past three months have seen the Government borrow more than double its entire borrowing amount for last year, as June marked the third highest month on record for borrowing, new figures have revealed
UK over-55s are expected to borrow £19bn less over the next two years as a result of the COVID-19 pandemic, according to new research from equity release lender, more2life, and economics consultancy, Cebr