You are here: Home - Uncategorized -

‘We owe more than we know’ – shock new report

Written by:

IF THE £1 trillion UK personal debt mountain wasn’t bad enough, market analyst firm Mintel has just released a report which said we owe collectively “around £100bn more than we realise”. Mintel reckoned “people bury their heads in the sand” when it comes to unsecured debt – so that must be as much sand as the Sahara and a pretty deep hole for each head.

WANT A good saving account? Head for Sainsbury’s Bank, then, which has just been named as the most consistent performer in the field over the past 18 months by Moneyfacts for its Internet Saver product, although Nationwide’s 5.55% e-Savings account pips it over three years. With rising interest rates, insist on a good return on your savings.

HOW DO you fancy saving over £200 a year? This is perfectly possible if you use Direct Debit to pay the biils and Bacs, the body behind Direct Debit, has launched a fun family – the Smarts – to show you how to save the cash. Log on to



Tag Box




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:
Rich and poor are like chalk and cheese as wealth gap widens

A new report has found that the gap between rich and poor is as wide as it has been for...