You are here: Home - Uncategorized -

UK a nation of “bargain braggers”

0
Written by:
10/05/2007

Research from Unbiased.co.uk has revealed that half of all Britons now classify themselves as bargain spenders.

The trend for designer labels and brands seems to be a distant memory, with 24.3m of us preferring cheaper goods from shops such as Primark.

The findings also report that two thirds of bargain shoppers know their bank account balance down to the nearest £10 and also have better awareness of current debt levels than the national average.

David Elms, chief executive of Unbiased.co.uk, said: “The kudos of wearing designer labels is a thing of the past. Bargain hunting has turned into the nation’s favourite hobby and more and more people are proud to shop for the best deal and flaunt it.

“It does however leave you to wonder what bargain hunters are doing with the money they save by being a bargain hunter – and while recent research suggests that Britain’s propensity to save has shown some improvement over the last year, much more remains to be done.”

Tagged:

Tag Box

Debt

Pension

Spending

Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Which ISA is right for you? A round up of the six products available in 2017

From cash to innovative finance to lifetime, here's our guide to the ISA products available to savers this yea...

Guide to buy-to-let tax changes

In late 2015, former Chancellor George Osborne announced a range of  tax measures aimed at landlords, which t...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Five fund tips for a 0.25% interest rate environment

With interest rates stuck at a record low 0.25% and expectations rates could fall to close to zero, here are ...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Investing your money

Alliance Trust Plc gives you smart insight into how to invest your money

Money Tips of the Week

Read previous post:
Interest rate rises to 5.5%

The Monetary Policy Committee of the Bank of England has voted to increase the Bank Base Rate from 5.25% to...

Close