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Parents providing ?pocket money? to over 25s
Parents are still providing offspring over 25 with financial assistance, new research has found. Data from Engage Mutual revealed that 31 per cent of parents surveyed were helping their children with money as they struggle to become financially independent. Much of this aid was related to buying ...

Brits ?running out of money? before payday
A fall in disposable income has resulted in two-thirds of Britons running out of money before payday, Abbey has found. Research by the lender found that disposable income has fallen 29 per cent over the last two years, meaning 64 per cent of the population has had to cut back on socialising or pu...

Employees ?should check financial cover?
People need to ensure they have adequate finance in place should they need to take time off work, it has been claimed. A spokesperson for insurance firm LV= explained that employees need to check with their employer what financial cover they would receive should they be away from the workplace, a...

Overdraft rates ?rising? despite base rate cut
Overdraft rates are on the increase despite the base rate cut earlier this month, new figures have suggested. According to data from Moneyfacts.co.uk, Yorkshire Bank and Clydesdale Bank have increased their overdraft interest rates by as much as 7.31 per cent over the last 12 months. Analyst for ...


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