Net borrowing of mortgage debt by individuals fell from £5.9bn to £4.0bn in October following the fallout from the government’s mini-Budget, figures from the Bank of England (BoE) have shown
Seven in 10 people (71%) are concerned about their financial situation as a direct result of the cost of living crisis, research from Pepper Money has indicated
A record number of Junior ISA investments were made in the third quarter of 2022, despite households having less money to save, figures from Scottish Friendly have indicated
Concern over the deadline for the FCA’s Consumer Duty regulations is growing among decision makers at investment, wealth and pension firms, according to recent research from Moneyhub
A quarter (25 per cent) of adults have stopped or are planning to stop contributing to their workplace pensions in order to keep up with the rising cost of living, according to research from Charles Stanley
The latest news in brief coming out of the consumer finance space in the week commencing 24 October, featuring The Mortgage Lender, Bevan Money, and more...
Savers in the UK are prioritising short-term flexibility over locking their money away for the long-term, research from digital bank Chase has indicated