Money press releases

Here you'll find all of our Money press releases and news alerts

14 million homes face £288 million bill shock as unread meters hide rise in lockdown power useAlmost 14 million households with traditional meters[1] are facing a £288 million energy b ..

Reassuring to see regulators tightening up the package of consumer rightsRichard Neudegg, head of regulation at Uswitch.com, comments: “It is reassuring to see reg ..

Half of Brits will be heading into the office during the festive season – but spend their time watching films and online shoppingUK is a nation of Christmas workers as it’s revealed that 44% will heading to the office b ..

High street banks charge overdraft users £640 million more than challengersBritain’s 12 million overdraft users could be wasting £640 million a year on fees and inte ..

Uswitch comments on Citizens Advice super-complaint to the CMACommenting on Citizens Advice lodging a super-complaint with the CMA, Richard Neudegg, hea ..

Uswitch comments on anniversary of Current Account Switch ServiceThe Current Account Switch Service launched in 2013 and since then has helped five million ..

We know what you spent last summer: Holidaymakers put £9.7 billion on plastic to pay for summer holidaysMore than half of British holidaymakers (57%) used their credit cards to help fund their f ..

Big high street banks falling short of customer expectationsCommenting on this morning’s announcement from the CMA that banks must display how likely ..

Interest rate rise as era of cheap credit comes to an endCommenting on the decision of the Bank of England to raise interest rates to 0.75%, Tashem ..

Savvy consumers not willing to put up with poor service from their banksFollowing the Current Account Switch Service latest quarterly figures published today, Tas ..

Holidaymakers put £9.7 billion on plastic to fund their fun in the sunMore than half of British holidaymakers (57%) are using credit to help fund their foreign ..

Unacceptable that banks make millions of pounds from vulnerable overdraft users, says UswitchFollowing publication of the FCA’s high cost credit review, Tashema Jackson, money expert ..

Seven million Brits claim to be living debt free despite owing millions, UK’s debt profile revealsSeven million Brits don’t consider they are in debt, despite having at least one credit ag ..

Bank of England holding base rate at 0.5% a relief for mortgage holdersCommenting on the Bank of England’s decision to hold interest rates at 0.5%, Tashema Jacks ..

Postcode lottery: Devon residents fork out twice as much as Westminster in household running costsPL8 in South Hams, Devon, is the most expensive postcode for running a household, with loc ..

Mortgage providers pushing up rates ahead of predicted base rate rise in MayAverage mortgage rate has increased 0.25% since mid-March[1] Rise equates to nearly £5,000 ..

PPI drives increase in banking complaints figuresCommenting on the FCA complaint figures, Tashema Jackson, money expert at Uswitch.com, say ..

Consumers left disappointed as First Direct scraps switching incentiveFollowing the news that First Direct will be scrapping its £100 current account switching ..

Uswitch comments on latest ONS household savings ratio dataCommenting on the ONS household savings data published today, Tashema Jackson, money exper ..

Uswitch comments on UK Finance’s latest lending updateFollowing UK Finance’s latest lending update, Tashema Jackson, money expert at Uswitch.com ..

Brits wasting £495 each year on unused subscription servicesConsumers are wasting £495 million every year on inactive subscriptions, such as TV stream ..

Uswitch to sponsor ITV’s Britain’s Got TalentUswitch today announces it has signed a deal with ITV, Syco Entertainment and FremantleMed ..

Uswitch comments on new credit card rules introduced by the FCACommenting on the new credit card rules introduced by the FCA, published today, Tashema Ja ..

Candid about cash: streetwise millennials check out partner’s finances before committingMore than nine in ten millennials (93%) say they are fully clued up on their partner’s fin ..

Trust in banks dives but satisfaction is on the riseCustomer’s trust in their bank plummets as the Uswitch.com Current Account Awards are anno ..

Uswitch comments on latest current account switching figuresCommenting on the latest switching statistics from the Current Account Switch Service, Tas ..

Shunning balance transfers costs indebted Brits £5 billion in interest paymentsThe majority (62%) of Brits owe money on a credit card[1] but only one in five (19%) will ..

Christmas debt to haunt Brits in the new yearOne in four consumers will carry an average credit card debt of £452 into 2018[1] Shoppers ..

One in eight sacrifice having a Christmas tree to pay for this year’s festivitiesOne in five households (18%) plan to cut their Christmas spending this year[1] with one in ..

Uswitch comments on rise in the rate of inflationCommenting on the latest Consumer Price Index figures published today, Tashema Jackson, mo ..

Ireland bottom in European Quality of Life IndexRepublic of Ireland comes last in latest Uswitch Quality of Life Index – let down by poor ..

Cost of running a household rises £500 to £17,000 a yearEssential bills cost families £1,408 a month – rising by 2.9% in a year, more than double ..

Uswitch comments on interest rate decisionCommenting on the decision from the Bank of England to raise interest rates to 0.5%, Tashe ..

Uswitch comments on increase in bank complaintsCommenting on data published by the Financial Conduct Authority (FCA) today, showing an in ..

Uswitch comments on increase in bank complaintsCommenting on the increase in complaints about banks released by the Financial Ombudsman t ..

Uswitch comments on the FCA’s Financial Lives SurveyIn response to the FCA’s Financial Lives Survey released today revealing the financial vul ..

Uswitch comments on rise of household bills ahead of Consumer Price Index inflation figuresCommenting on the latest Consumer Price Index inflation figures, published today, Tashema ..

Brits to spend an extra £1.6 billion in mortgage repayments because of lazy lendersThree quarters (77%) of mortgage holders have not been contacted by their lender at the en ..

Uswitch responds to CMA’s digital comparison tools market study final reportCommenting on the CMA’s digital comparison tools market study final report, Richard Neudeg ..

Uswitch comments on Andrew Bailey’s interview in today’s Guardian about the looming debt crisisCommenting on the call from the chief financial regulator, Andrew Bailey, Chief Executive ..

10 years on from Northern Rock, households continue to struggle as bills rise ten times faster than incomeEssential bills soar by 20% in a decade – ten times faster than household income at 2%[1] ..

Uswitch comments on two year PPI deadlineCommenting on the launch of the FCA’s consumer campaign to marking the two year countdown ..

Cost of caring for parents leaves kids facing £77,000 shortfallTwo thirds (68%) of people underestimate real cost of elderly care[1] Average individual c ..

Uswitch comments on Lloyds Banking Group setting aside another £1 billion to compensate customersCommenting on the announcement today that Lloyds Banking Group is putting aside another £1 ..

Uswitch comments on FCA consultation to require current account providers to publish information on service and performanceCommenting on FCA proposals announced today to require current account providers to publis ..

Uswitch comments on Bank of England’s Credit Conditions SurveyCommenting on the latest Credit Conditions Survey published by the Bank of England today, ..

High street banks fail to impress in 2017 Uswitch Credit Card AwardsThe latest uswitch.com survey of more than 10,000 credit card customers reveals that the b ..

Cards blocked abroad cost holidaymakers £240 millionAlmost half (49%) of consumers rely on credit or debit cards when travelling abroad[1] A q ..

Brits hit by £300 million in unarranged overdraft feesOne in eight (13%) consumers have dipped into their unarranged overdraft in the last year[ ..

Uswitch comments on FCA complaints dataCommenting on the publication of the Financial Conduct Authority’s (FCA) latest complaints ..

Half a million mortgage holders raid homes to release cashA third of homeowners (32%) who have remortgaged in the last five years have done so to re ..

Uswitch comments on the FCA proposals to help millions get out of persistent credit card debtCommenting on the FCA proposals to help millions of credit cards users get out of persiste ..

Uswitch comments on reduction of cheque clearing time to one working dayCommenting on the announcement from The Cheque and Credit Clearing Company (C&CCC) that cl ..

Uswitch advises Norwich and Peterborough customers to switch nowCommenting on the news that Norwich and Peterborough (N&P) customers are struggling to tra ..

Uswitch comments on the introduction of a deadline for PPI complaintsThomas Lyon, money expert at Uswitch.com, says: “Since the start of this scandal, the burd ..

Six million Brits driven to claims management sharks by banks’ overcomplicated complaints processOne in ten (12%) consumers have turned to a claims management company to handle their bank ..

Uswitch comments on Tesco Bank freezing 3% interest current account sign upsCommenting on the news that Tesco Bank has frozen new sign-ups to its 3% interest current ..

Uswitch comments on rise in payday loan complaintsCommenting on the publication of the Financial Ombudsman Service’s latest complaints figur ..

Uswitch comments on CMA’s banking final orderCommenting on the publication of the Competition and Markets Authority’s final order, foll ..

Uswitch comments on Santander slashing cashback on 123 credit cardCommenting on Santander limiting cashback for 123 credit card holders to a maximum of £3 p ..

Uswitch comments on ONS Crime Survey statsCommenting on the publication of the Office of National Statistics (ONS) Crime Survey stat ..

19th January will be Britain’s poorest day with a third of consumers unable to meet all their financial commitmentsThursday 19th is poorest day of the year[1] as Brits wait up to 45 days between their Dece ..

Uswitch comments on CMA announcement that Bacs will deliver improvements to the Current Account Switch ServiceCommenting on the announcement from the Competition and Markets Authority (CMA) that it ha ..

New Uswitch advertising campaign introduces the Coach character to show that switching is simpleUswitch, the price comparison and switching service, is launching a new advertising campai ..

Christmas debt hangover looming for nine out of ten BritsNearly nine out of ten people with credit card debt (85%) will suffer a financial hangover ..

Uswitch comments on Lloyd’s acquisition of MBNA credit cardsCommenting on Lloyds Banking Group’s buying MBNA credit cards, Tashema Jackson, money expe ..

Uswitch comments on FCA market study on competition in the mortgage sectorCommenting on the FCA’s launch of a market study into competition of the mortgage sector, ..

Uswitch comments on Money Advice Trust’s Christmas credit researchCommenting on the figures from the Money Advice Trust, which runs National Debtline, that ..

Uswitch comments on FCA review of high-cost creditCommenting on the Financial Conduct Authority’s announcement that it is looking for furthe ..

One in five Brits to spend an average of £227 on Black FridayOne in five Brits plan to bag a Black Friday bargain[1] with shoppers anticipating spendin ..

Uswitch comments on Tesco Bank halting online payments for current account customersCommenting on the news that Tesco Bank has halted online payments for current account cust ..

Uswitch comments on surge in payday loan complaintsCommenting on the publication of the Financial Ombudsman Service’s latest complaints data ..

Uswitch comments on Lloyds setting aside another £1 billion in PPI compensationCommenting on Lloyds Banking Group’s latest earnings announcement, in which it said it wou ..

Big banks beaten by smaller rivals in the customer satisfaction stakesBritain’s biggest high street banks – RBS, HSBC, Barclays and Lloyds – once again fail to ..

Uswitch comments on latest current account switching dataCommenting on the publication of the latest current account switching figures, Tashema Jac ..

One in four suffer current account fraudA quarter of current account holders have fallen victim to fraud[1], with fraudsters takin ..

Uswitch comments on Sainsbury’s new 42 month balance transfer credit cardCommenting on today’s launch of the new Sainsbury’s Nectar-only 42 months 0% interest bala ..

Uswitch comments on TSB’s cut to Classic Plus Account interest rateCommenting on the news that TSB have cut their Classic Plus rate from 5% to 3%, Tashema Ja ..

One is six families penalised by mortgage lenders over childcareOne in six families have been offered a smaller mortgage because of childcare costs – or h ..

Uswitch comments on latest FCA complaints dataCommenting on the publication of the FCA’s latest complaints data, Tashema Jackson, money ..

Uswitch comments on new Santander All in One credit cardCommenting on the launch of Santander’s new All in One credit card, Tashema Jackson, money ..

Uswitch comments on CMA study into digital comparison toolsResponding to today’s announcement by the Competition and Markets Authority (CMA) that it ..

Uswitch comments on payday lender CFO Lending being forced to repay £35 million to borrowersIn response to the FCA’s announcement that payday lender CFO Lending will pay out £35 mill ..

Uswitch comments on anniversary of current account seven day switching serviceCommenting on the three year anniversary of the Current Account Switch Service Tashema Jac ..

Parents to fork out £5.8 billion for Uni students this yearUK university students’ parents are set to dish out over £5,000 per child in financial sup ..

Uswitch comments on complaints data published by the Financial Ombudsman ServiceCommenting on today’s complaints data published by the Financial Ombudsman Service, Tashem ..

Uswitch comments on drop in Help to Buy Isa interest ratesCommenting on the Daily Mail’s article about the drop in Help to Buy Isa interest rates ov ..

Brits overspend by nearly £500 on their summer holidays• Three fifths (59%) of Brits[1] went over their holiday budget by an average of £500 this ..

New index reveals best place to live for families in UKTop GCSE grades, good pay and weather, close proximity to GPs and fast broadband place Her ..

Uswitch comments on Santander halving interest rates on 123 accountCommenting on the news that Santander has halved the interest rate on its 123 account to 1 ..

Uswitch comments on CMA retail banking investigation final reportCommenting on the publication of the Competition and Markets Authority’s final report foll ..

Interest rate drop a double edged sword, says UswitchCommenting on the Bank of England’s decision to lower its base rate to 0.25%, Tashema Jack ..

Uswitch comments on proposal to introduce PPI deadlineReacting to the Financial Conduct Authority’s proposal to introduce a deadline for submitt ..

Fear of overdraft rejection prevents two thirds of consumers from switching their current accountAlmost two thirds (63%) of current account holders are in the dark about whether they can ..

Uswitch comments on the FCA’s credit card market study final reportFollowing the publication of the Financial Conduct Authority’s credit card market study fi ..

Uswitch comments on eye-watering increase in payday loan complaintsFollowing the publication of the Financial Ombudsman Service’s latest quarterly complaint ..

Uswitch comments on latest Current Account Switch Service figuresCommenting on the latest figures from the Current Account Switch Service, published today, ..

Uswitch comments on latest Current Account Switch Service figuresCommenting on the publication of the latest switching figures from the Current Account Swi ..

Uswitch comments on latest Current Account Switch Service figuresCommenting on the publication of the latest figures for the Current Account Switch Service ..

One in six Brits with paperless statements miss credit card paymentsOne in six (17%) paperless credit card customers have missed payments and incurred unneces ..

Uswitch comments on HSBC launch of 0.99% fixed rate mortgageCommenting on the news that HSBC has launched Britain’s first fixed-rate mortgage below 1% ..

Second steppers hit by deposit deficit as house price growth outpaces flatsAlmost half (44%) of second time buyers have no plans to save for a deposit to buy their n ..

Uswitch comments on Government plans for seven day switchingResponding to news that the Government is considering plans to make seven day switching a ..

Uswitch comments on the CMA’s provisional decision on remedies of the retail banking market reviewCommenting on the CMA’s provisional decision on remedies of the retail banking market revi ..

Uswitch comments on BBC data that reveals 600 branches closed last yearCommenting on BBC data that reveals 600 bank branches have closed in the last year, Tashem ..

Uswitch comments on Bank of England debt figuresCommenting on the Bank of England spending statistics published this morning, revealing th ..

Uswitch comments on Bank of England debt figuresCommenting on the Bank of England money and credit statistics published this morning revea ..

Credit card customers stung by £623 million in extra interest feesNearly half (49%) of all consumers with a 0% credit card have been hit with high interest ..

Uswitch comments on current account switch service figuresCommenting on the publication of the latest figures for the Current Account Switch Service ..

A third of homeowners caught out by higher mortgage repayments after introductory period endsA third (33%) of homeowners have been hit with higher mortgage repayments when they move o ..

Uswitch comments on the Competition and Markets Authority extension of the retail banking market investigationCommenting on the extension of the retail banking market investigation, Richard Neudegg, H ..

Retail brands fall from grace as American Express sweeps the board at the Uswitch Credit Card Awards 2016The latest Uswitch.com survey of more than 10,000 credit card customers reveals that high ..

Heartbreak for providers as two thirds of consumers plan to leave for rivals this yearMore than two thirds (69%) of consumers plan to leave a household provider for a rival com ..

Uswitch comments of Bank of England debt figuresCommenting on the Bank of England statistics published this morning Tashema Jackson, money ..

Unwanted credit increases lure 4.5 million card holders into debtAlmost 19 million credit card holders (61%) have had their credit limit increased without ..

Uswitch comments on 2015 current account switching dataCommenting on the latest current account switching data, revealing that the number of cons ..

Uswitch comments on Santander 123 fee increase coming into forceWith Santander raising the monthly fee for its popular 123 current account from £2 to £5 o ..

Christmas debt hangover on the cards for nine in tenNearly nine in ten people with credit card debt (87%)[1] will suffer a festive financial h ..

Uswitch welcomes the Government’s ‘Better Deal’ planCommenting on new Government plans outlined today to increase competition in consumer mark ..

Tesco cutting Clubcard rewards a sign of things to come, says UswitchCommenting on Tesco slashing its reward scheme for Clubcard credit card users from the 1st ..

Uswitch comments on Barclaycard and Tesco offering free credit reportsIn response to Barclaycard and Tesco Bank offering their customers free access to their cr ..

Christmas on credit for almost 14 million BritsAlmost 14 million Brits (27%) will put Christmas on their credit card this year[1] Over a ..

Uswitch comments on further £1.7 million payday loan compensationIn response to the FCA’s announcement that payday lender CashEuroNet will pay out £1.7 mil ..

Tesco cutting Clubcard rewards a sign of things to come, says UswitchWith Tesco slashing its reward scheme for its World credit card customers from the 1st Nov ..

Uswitch comments on the CMA’s provisional findings in the retail banking market investigationCommenting on the publication of the CMA’s provisional findings of the retail banking mark ..

Edinburgh best place to live in UK, according to quality of life indexLow crime rates, affordable living costs, high salaries and fast broadband propel Edinburg ..

One in ten female home buyers claim they have faced mortgage discriminationNearly one in ten (9%) female mortgage applicants aged between 25 and 35 say they have bee ..

Uswitch comments on anniversary of current account seven day switching serviceCommenting on the anniversary of the current account switching service, Nicolas Frankcom, ..

Santander current account fee increase the sign of things to comeWith Santander announcing that monthly fees for its popular 123 current account will rise ..

Big banks fall from grace in customer satisfaction stakes while new entrants continue to shine‘Big Four’ banks – Lloyds, HSBC, RBS and Barclays – fail to secure top three spot and also ..

Uswitch comments on annual Financial Ombudsman complaints dataReacting to the latest Financial Ombudsman Service data, which shows that the number of co ..

Ex-partners rack up over £1 billion debt on shared credit cardsOver two million Brits have had an ex rack up debt on a shared credit card – collectively ..

Uswitch comments on Natwest online banking glitchCommenting on the latest NatWest online banking glitch leaving thousands unable to access ..

One in four millennials still use childhood bank accountOne in four millennials (26%) – those aged between 18-34 – have never switched from their ..

Uswitch comments on Government plans to cap credit and debit card transaction feesIn response to the Government’s consultation on how to implement the EU cap on credit and ..

Uswitch comments on the AA’s new credit card launchCommenting on the AA’s move into financial products, with the launch of a new credit card ..

Uswitch comments on new FCA proposed measures for cash savings account holdersCommenting on the new measures for cash savings proposed today by the FCA, Nicolas Frankco ..

Uswitch comments on customer exodus from big four banksCommenting on the latest current account switching data which reveals that the Big Four ba ..

Uswitch comments on the release of Apple PayIn reaction to Apple Pay launching tomorrow (14th July), Nicolas Frankcom, money expert at ..

1 in 4 consumers fear Apple Pay will make their spending spiralA quarter of people say they will spend more money (24%)[1] or make more impulse purchases ..

Uswitch welcomes FCA debt management investigationCommenting on the FCA’s latest investigation into the poor practice of debt management com ..

Uswitch comments on RBS group’s latest payment glitchCommenting on the latest RBS glitch that has left thousands of customers’ payments ‘missin ..

Capital One pulling rewards credit cards could be the first of many, warns UswitchWith Capital One pulling its reward scheme on Monday 1st June, David Mann, Head of Money a ..

Five million Brits using reward credit cards for free holiday perksAlmost five million people (27%) have enjoyed holiday perks for free by paying on plastic[ ..

Retailers win credit card customers’ hearts and minds – and walletsUswitch.com research of over 7,000 credit card customers reveals that retail brands John L ..

Uswitch comments on Zopa and Metro Bank partnering on peer-to-peer lendingCommenting on the news that Metro Bank is partnering with Zopa to lend its funds on the pe ..

Uswitch comments on annual Financial Ombudsman complaints dataReacting to the latest Financial Ombudsman Service data, which shows a 278% rise in compla ..

Uswitch comments on Lloyds Bank lending report highlighting confidence in repaying debtCommenting on data from the Lloyds Bank lending report, highlighting Brits’ confidence in ..

Uswitch comments on latest current account switch service figuresCommenting on the latest figures from the current account switch service, which show a yea ..

Uswitch comments on RBS and NatWest forcing customers into higher overdraft feesCommenting on the decision made by RBS and NatWest to move loyal customers to new current ..

Uswitch comments on Barclays Blue RewardsCommenting on Barclays new rewards programme, David Mann, money expert at https://www.uswi ..

Political apathy crippling young people’s future financesA quarter of 18-34 year olds (25%) have no idea that being registered to vote has a signif ..

Uswitch comments on Stepchange personal debt reportCommenting on StepChange’s annual report, David Mann, Head of Money at https://www.uswitch ..

Top five cards to use abroadWith Easter and summer holidays fast approaching, David Mann, money expert at Uswitch.com ..

Uswitch advises families to prepare financially ahead of new parental leave lawsThree in five (58%) families take on debt during maternity leave to cope with the drop in ..

Uswitch comments on the latest FCA complaints dataReacting to the latest complaints data from Financial Conduct Authority (FCA), David Mann, ..

Uswitch comments on Government backed switching serviceIn response to the new Government backed comparison site for current accounts David Mann, ..

Rising cost of motoring pricing young jobseekers out of workforceOver half (53%) of young people not even applying for jobs that require a car to get to th ..

Savvy consumers shunning savings accounts to make their money work harderCurrent accounts pay up to 5%[1] compared to the best ISA, which offers just 1.5%[2] – thi ..

Consumers’ reaction to Budget: 62% don’t feel benefit of ‘Comeback Britain’62% of people feel no better off than they did last year[1] and 65% don’t think the Chance ..

Uswitch comments on FCA current account switching reviewIn response to the FCA’s review into current account switching, David Mann, Money Expert a ..

Uswitch comments on FCA review of payday lendersIn response to the latest FCA paper revealing customers in arrears are still being pursued ..

Uswitch comments on EU cap on card transaction feesIn response to the proposed EU cap on credit and debit card transaction fees, David Mann, ..

Lack of access to car keeps 66% of young job seekers from joining workforce66% of 17-25 year olds have had to turn down job opportunities due to lack of access to a ..

Uswitch comments on Financial Ombudsman complaints dataReacting to the latest complaints data from Financial Ombudsman Service; David Mann, Head ..

Over a million young people refused credit more than five timesNearly a third of Brits (32%) have been turned down or not got the rate they wanted when a ..

Credit unions offer alternative to Big Four banksCommenting on the latest quarterly statistics on credit unions issued by the Bank of Engla ..

FCA announces compensation package for mis-sold card security productsFollowing the Financial Conduct Authority (FCA) announcement today that consumers can clai ..

Banks need to do more to convince consumers to switch, says UswitchFollowing the Payments Council’s announcement that it has seen a 12% year on year increase ..

Uswitch comments on FCA announcement that £160 billion is languishing in low earning accountsFollowing new FCA proposals that consumers should have access to more transparent informat ..

Uswitch warns not being on electoral register can affect credit scoreDiscussing claims that a million people have disappeared from the electoral register becau ..

Uswitch comments on new payday lending regulationsAccording to new FCA payday loan rules effective from 2nd January 2015, no borrower will e ..

More than one in three credit reports contain errors38% who checked their credit report in the last two years have uncovered errors – equating ..

Uswitch comments on new fee-free basic bank account measuresCommenting on the new, fee-free template for basic UK bank accounts revealed by the Treasu ..

Uswitch urges caution over interest rate rise report by Bank of EnglandCommenting on a new report by the Bank of England claiming the majority of households coul ..

Credit card Christmas – two million turkeys put on plastic this yearAs reports claim that George Osborne’s deficit reduction plans rely on the public borrowin ..

There may be warning lights over the global economy but the UK is getting out of the red and into the blackIn response to the announcement of the Chancellor’s Autumn Statement Nicolas Frankcom, mon ..

Families left £537 short each month during maternity leaveFamilies are having children later than planned but household incomes still drop 30% to £2 ..

Uswitch supports FCA study into credit card market to help consumers get best dealsThe Financial Conduct Authority (FCA) has today announced a study into the UK’s credit car ..

15 million consumers have never checked their credit report76% of consumers have applied for financial credit, yet 41% of these have never checked th ..

Uswitch comments on FCA payday loan capCommenting on the news that the Financial Conduct Authority (FCA) has introduced a cap of ..

Uswitch welcomes CMA current account investigationThe Competition and Markets Authority (CMA) has today announced its decision to conduct a ..

Families forced into debt for school essentialsResearch from the Children’s Commission on Poverty shows a worrying increase in the amount ..

Uswitch welcomes new peer-to-peer lending ISACommenting on the government consultation on a new peer-to-peer lending ISA, David Mann, H ..

Current account market now ripe for the picking, says UswitchThe Payments Council has today announced a 22% increase in switching since the Current Acc ..

New report on problem debt highlights plight of consumersCommenting on a new StepChange report that problem debt affects 2.9 million people in the ..

Mobile payments finally about to hit the big timeCommenting on the new wave of retailers accepting Zapp mobile payments, David Mann, Head o ..

Uswitch comments on FCA Wonga affordability criteria rulingCommenting on the news that Wonga has entered into an agreement with the FCA to immediatel ..

Current account switching firmly back on consumer agenda, says Uswitch.comWith the Payments Council announcing it has seen a 19% increase in switching since the lau ..

Uswitch.com reports threefold increase in switching since launch of current account switch serviceNew figures reveal a 276% year-on-year increase in current account switching[1] First Dire ..

Four in ten more likely to bank with a new entrant than a year agoConsumers would trust supermarket brands such as Waitrose (45%), Morrisons (18%) and Aldi ..

Struggling parents spend £10 billion on childcare during school summer holidaysParents are spending £10 billion on childcare over school summer holidays – the equivalent ..

CMA clout could finally fix the banks, says Uswitch.comThe Competition and Markets Authority (CMA) has today released its initial findings from i ..

Over one in three employees admit to pinching bin bags, loo rolls and tea bags from workMore than one in three (35%) employees have pocketed items from their workplace[1] Station ..

Uswitch.com sees increase is current account traffic almost double for first half of year compared to 2013The Payments Council today reported that it has seen almost 600,000 current account switch ..

Cap on payday lending is welcome, but more still needs to be doneThe Financial Conduct Authority has today announced a cap on payday lending. Commenting on ..

Seven million consumers left out of pocket by not understanding their rightsNew research reveals seven million Brits have lost money by not understanding their consum ..

Tide turns as three quarters of consumers now trust their bankAfter years of reputational issues and costly scandals, banks are finally winning back the ..

Post Office proves that face to face service is still a priorityThe Post Office has today expanded its current account offering to 239 branches. Commentin ..

Every little helps Clubcard holders with new Tesco current accountTesco Bank has today launched its long-awaited current account, offering one Clubcard poin ..

New bank account from Marks may send sparks flying, says Uswitch.comM&S Bank today announces that its first free current account is now available for applicat ..

Retailers trump the Big Four in credit card customer satisfactionA Uswitch survey of over 7,000 credit card customers shows retail brands Marks & Spencer, ..

Inflation down – but consumers need to see signs of recovery in their back pocket, says Uswitch.comCommenting on the Office for National Statistics (ONS) figures published this morning whic ..

Three quarters of consumers have not felt the benefit of economic recoveryThree quarters (74%) of consumers say they are yet to see tangible signs of the recovery, ..

Tax changes bring big boost to savers in budgetCommenting on the changes to savings announced in today’s budget which will allow savers t ..

Uswitch comments on public sector pay squeeze as staff get below-inflation payriseCommenting on the Government’s announcement that NHS staff will get a below-inflation pay ..

Uswitch comments on new TSB Plus current accountCommenting on TSB’s new current account, TSB Plus, which rewards consumers with 5% interes ..

Uswitch comments on Santander launch of 123 Mini accountCommenting on the launch of Santander’s new children’s account, the 123 Mini – Jafar Hassa ..

Peer-to-peer lending unpopular with over eight in ten (84%) saversOver eight in ten (84%) of consumers would not invest their money with a peer-to-peer lend ..

Cost of living crisis: three quarters of salaries failing to keep up with inflationDespite the Consumer Prices Index (CPI) hitting its lowest level since 2009, a new report ..

Consumers missing out on £191 billion in tax-free savings by not taking out an ISAThe number of people saving into a cash ISA is set to fall by 9% this year, with just over ..

Co-operative Bank joins the battle for current account customersCommenting on The Co-operative Bank’s new current account switching offer, allowing custom ..

Lloyds bank offers flexible alternative in loans marketLloyds Bank has launched its Flexible Loan, which will allow customers to make as many add ..

Current account switching rises 17% as consumers become braver to make the moveIn response to today’s switching report from the Payments Council which reveals that curre ..

A red Christmas – consumers starting January with £3,000 on their credit cardConsumers will start 2014 with an average of £2,875 on their credit card – but 7% will owe ..

Tesco bank’s move into the current account market is welcome, but more needs to be done to win consumer trustIn response to the announcement from Tesco Bank that it plans to offer current accounts in ..

Four in ten think they will be worse off following the Autumn StatementDespite the Chancellor hailing an era of economic growth, four in ten consumers (41%) beli ..

Debt warning for consumers as Christmas spending on plastic is set to go upCommenting on today’s Christmas spending forecasts from the Payments Industry, Michael Oss ..

Solihull best place to live according to UK quality of life indexHigh disposable income, high life expectancy and fast broadband speeds place Solihull at t ..

Beat the energy price hikes with a cashback credit cardWith energy price hikes adding at least £81 a year to the average household bill[1], using ..

One month on: first direct remains most popular with consumers as interest in current account switching climbs 39%Uswitch.com reports 39% increase in current account visitors since 16th September as banks ..

One month on: First Direct remains most popular with consumers as interest in current account switching climbs 39%Uswitch.com reports 39% increase in current account visitors since 16th September as banks ..

Uswitch.com welcomes tough new rules on payday lendersIn response to today’s announcement by the Financial Conduct Authority (FCA) that it has l ..

Consumer interest in current accounts heightens ahead of switching deadlineNew data from Uswitch.com shows that consumers have already started to respond to the adve ..

Consumer interest in current accounts heightens ahead of switching deadlineUswitch.com reports 25% lift in current account visitors in August as banks start competin ..

Uswitch comments as TSB prepares to launch on the high streetAs TSB Bank prepares to become the eight largest bank on the high street when it launches ..

One in four borrowers trapped in debt for three years or moreTrapped: almost one in four borrowers (24%) will take at least three years to pay off thei ..

Switching battle should heat up with one month to go until new rules kick inCommenting on today’s announcement that the Payments Council has confirmed a new current a ..

One in two payday loan customers say experience was positiveDespite an urgent need for payday loans to be regulated, for many customers they serve a p ..

More than one in four Brits forced to borrow money to cover essential living costsResponding to today’s research from the Money Advice Service (MAS), which shows a shocking ..

42% of consumers more likely to switch their current account from SeptemberJust one in ten consumers (11%) have switched current account over the last 12 months[1] b ..

Schools out … but holidaymakers jetting off abroad risk £327 million in extra charges for using their credit card abroad12 million consumers (24%) plan to use a credit card while holidaying abroad this summer, ..

Now competition commission to look at payday ‘highwaymen’Following its investigation of the top 50 payday loan companies, the OFT has referred the ..

Credit card interest free periods could hit 39 months by 2018If current trend continues, 0% balance transfer periods could reach 39 months by 2018, pre ..

New capital one card could save holidaymakers millions in extra feesCommenting on the launch of the new Capital One Aspire World credit card, which offers no ..

NUS launches campaign to ban payday lenders from campus and protect students – Uswitch.com commentsIn response to today’s announcement by the National Union of Students (NUS) that it has la ..

Tesco bucks the trend on balance transfers but savvy consumers could be the winnersCommenting on the launch of the new Tesco credit card, which offers 0% on purchases for 12 ..

Brits suffer bad customer service yet almost three quarters of consumers let companies get away with itResearch shows that when it comes to customer service British consumers are getting a raw ..

Uswitch.com calls on OFT to take tough action against payday lenders as new failings are exposedCitizens Advice has today released new findings exposing the real extent of payday lenders ..

British holidaymakers risk £327 million in extra charges for using their credit card abroad this summer12 million consumers (24%) plan to use a credit card while holidaying abroad this summer, ..

High street banks’ territory under threat with Post Office current account launchThe Post Office today launches three new current accounts – Standard Account, Packaged Acc ..

Big budget advertising gives bank customers little to smile aboutDespite the 1-2-3 account launching to a fanfare of publicity last year, Santander has yet ..

Lloyds branch sale collapse places dent in consumer choice, says Uswitch.comThe Co-Operative Group has pulled out of its purchase of 632 branches from Lloyds Banking ..

New Sainsbury’s credit cards will help customers to live well for lessSainsbury’s has become the latest provider to ‘up the ante’ in credit card war with the la ..

Mortgage rates tumble, but watch out for the fees warns Uswitch.comCommenting on recent mortgage rate moves, Michael Ossei, personal finance expert at Uswitc ..

Banks’ territory is further threatened with Post Office current account launchThe Post Office is launching a new current account in Spring 2013, initially launching in ..

Pick and mix time for consumers with new rules on packaged accountsOn Sunday 31st March 2013, new rules from the Financial Services Authority (FSA) will come ..

More desperation than aspiration: over a third of consumers believe budget will push UK back into recessionOver a third (35%) of consumers believe the UK is more likely to fall into a triple dip re ..

Tesco tops tables for a matter of hours before Barclaycard retaliates with 26-month balance transfer cardMichael Ossei, personal finance expert at Uswitch.com, says: “The battle in the credit car ..

Tesco shoppers set to benefit from new 25-month balance transfer cardTesco Bank has today announced a new 0% 25 month period for balance transfers on its Clubc ..

Household bills rise 25% since 2008 – consumers more worried about living costs than their healthEssential bills rise 25% in five years – car insurance (67%), gas (52%), electricity (32%) ..

With less than 1 in 3 satisfied with interest rates, ISA savers turn to building societies to stash their cashConsumer gloom in savings market – just 32% satisfied with the interest rate offered by th ..

FSA’s breaks for new banks could pave way for smaller playersNew entrants to the banking sector could be given special breaks from tough regulation fol ..

New pay figures highlight consumer plight, says Uswitch.comThe Patterns of Pay report published by the ONS today shows a rise in gross earnings of 1. ..

University bans payday loan companies from campus – Uswitch.com commentsThe University of East London has banned payday loan companies from marketing their servic ..

Savers set to stash away £117 billion in cash ISAs this year31.5 million Brits (63%) intend to save into a cash ISA in the current tax year – a 26% in ..

Good news for first time buyers as Marsden Building Society announces new 90% ITV dealMarsden Building Society has launched a 3.99% fixed rate mortgage until 2015 for LTVs up t ..

Money is the new pillow talk: one third of couples take finance into the bedroomOne third (34%) of couples say that conversations about money primarily take place in the ..

Uswitch.com comments on the banking reform bill announced today by chancellor George OsborneIn response to the Banking Reform Bill announced today by Chancellor George Osborne, Micha ..

Go-getting retailers walk over big banks in credit card customer satisfactionUswitch.com’s survey of 10,000 credit card customers shows retail brands John Lewis-Waitro ..

Uswitch.com comments on the OFT review of the current account marketIn response to the Office of Fair Trading (OFT) review of the current account market, Mich ..

One month on from EU gender ruling and young women pay the priceShock increase: 17 and 18 year old female drivers see premiums rise by 50%[1] Good news fo ..

Personal loan battle hots up as Clydesdale and Yorkshire Bank slash rates to 5.1%Clydesdale and Yorkshire Bank has launched a market-leading 5.1% personal loan on all borr ..

Never mind 2012 – one in five Brits still paying off Christmas 2011Credit hangover: one in five (17%) Brits are still paying off debts from Christmas 2011[1] ..