Archive for the 'poll' Category

Young people exploit multiple overdrafts

Young people are risking their financial future by opening multiple current accouts to maximise their access to overdraft facilities, according to a new report.
Research by YouGov, on behalf of Callcredit, found that nearly one in ten (9%) 18 to 24 year olds have three or more current accounts in their name with an overdraft available.
Of [...]

Brits in “dangerous habit” of relying on credit

Over 14 million Brits are using credit cards to fund everyday expenses, according to research by moneysupermarket.com.
The price comparison site said the reliance on debt to pay for day-to-day purchases is a “worrying trend”.
Purchasing goods online is the most popular use of credit cards, with 56% of credit card holders using their card for internet [...]

Savvy investors snub financial advisers

Two thirds of investors don’t bother seeking financial advice before making an investment, according to a new study.
In a poll by the Fair Investment Company (FIC), 64% of respondents said they would not seek advice before making a decision about where to invest their money.
Just 34% said they would get advice before making an investment.
George [...]

Savings were put on hold for Christmas

Nationwide’s Savings Index for December reveals a decline in the number of people putting money aside into savings accounts.
A quarter (25%) of those polled by Nationwide admitted to saving nothing during December, a rise of one percentage point compared to November.
Meanwhile, 45% said they currently put money aside regularly into a UK savings account. [...]

Brits downbeat about economic future

The majority of UK consumers believe the recession will continue for most of 2010, a new study has discovered.
Research by Gocompare.com found 52% of Brits think the UK economy will remain in recession for most of the year ahead.
A further 29% said the recession will continue until at least 2011.
Just 19% expect the economy to [...]

Christmas spending frenzy calmed by crunch

UK consumers are planning to spend significantly less on Christmas this year, according to new research by uSwitch.com.
More than half (56%) of Brits said they will be buying less presents this year.
Nearly two thirds (63%) said they will be spending up to £200 less on gifts.
A third (32%) of adults said they are [...]