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Press

Press updates

Welcome to the money.co.uk online press centre, with all of the latest press updates.

T-day sees Brits rush to move credit card debts

Monday will see so many Brits rush to transfer their credit card balances, that money experts have dubbed it Balance Transfer Day.

Dirty Delivery Report: the carbon cost of online shopping

Online shopping this Black Friday is expected to break records but at what cost to the environment? The personal finance experts at money.co.uk have investigated how much CO2 could be produced by the million of packages set to be delivered across the country.

Bleak Friday For High Streets As Shoppers Set To Spend Online In 2020

New research by personal finance experts, money.co.uk has revealed that Britain is set to shop online and go big on this year’s Black Friday sales.

New parents forced to go back to work early because they can't afford time off

Press release | A new study from money.co.uk has revealed that forty percent of new parents are forced to cut short their maternity leave because they can’t afford the time off.

2020 Broadband Housing Index press release

Press release | The broadband experts at money.co.uk have produced a new report which identifies how internet speeds are impacting house prices across the country.

money.co.uk comments: ONS Household Spending Figures

ONS has released new figures on household spend across the UK, following months of lockdown and social distancing restrictions. Money.co.uk comments on how people can best manage their money during these times.

Save money on your car insurance with these industry hacks

As drivers get back behind the wheel, these tricks could save you £100’s

money.co.uk | Employment rate at a ten year low

Amid the impact that the Coronavirus has had on the UK economy, the Employment rate is at a ten year low. Money.co.uk has commented on the effect this could have on people's mental health.

Press release | Christmas Best Savings

The personal finance experts at money.co.uk have produced a handy Christmas Best Savings guide, to show shoppers exactly when to shop savvy for Christmas discounts and how to make the most of the potential savings available, to lighten the financial load at Christmas.

Press release | Renovation Nation

With most of the nation stuck indoors due to lockdown restrictions, homeowners across the UK are investing in lockdown makeovers, money.co.uk reveals new research.

Press Release | Lockdown Legacy Savings

UK households have slashed their personal spending during lockdown – saving an average of £2,879 each during the 13 weeks of quarantine, according to a new report from money.co.uk.

Press Release | Two thirds don't believe a degree is necessary for entering work

Workers across the UK no longer see getting a university education as the key to unlocking better career options. However, new research from money.co.uk suggests that graduates do earn considerably more than those without degrees over a lifetime.

Brand-a-Lust Report Reveals the UK's Most Searched for Brands

Bored Brits in lockdown have been pining for their favourite brands more than ever before, a new report by the personal finance experts at money.co.uk has revealed.

money.co.uk comments: StepChange household debt warning

StepChange has revealed the extent of debt that UK households are experiencing as a result of Covid-19. Money.co.uk comments on these concerns.

Guide for employees returning to work (press centre)

Across the country offices and workplaces that have been closed for months are slowly starting to re-open their doors and welcome back employees following the Covid-19 lockdown. Money.co.uk has provided guidance for employees going back.

Tips for employers on returning to work post-lockdown

Following the coronavirus lockdown, we are starting to gradually head back to normality, with many employees are set to start returning to work from the 15th of June. Money.co.uk has offered tips for employers on how to do so safely and effectively.

money.co.uk Comments: Dealing with financial anxiety during a pandemic

Coronavirus has caused many of us increased money worries due to a reduction in income and job security concerns. money.co.uk comments on financial anxiety and gives tips on how to cope with it during a pandemic.

Money.co.uk: Financial guidance on retirement

COVID-19 has created turmoil in global financial markets, hitting many people’s pension pots. Money.co.uk comments on this concern and gives guidance for those thinking about retirement

money.co.uk comment: UK Finance household review

UK Finance Household Review is reflecting on turbulent start to the first 3 months of the year- money.co.uk comments on these findings

Lockdown sees job vacancies continue to plummet

New data reveals that almost half of UK businesses (42%) have less than 6 months of cash reserves as a result of lockdown restrictions. Money.co.uk comments on the state of the jobs market across the UK.

Revealed: The UK's post-lockdown priorities revealed

As lockdown measures start to ease, the money.co.uk is looking ahead to reveal the first things Brits will do when the restrictions on day-to-day life are fully lifted.

Staying home helps the nation save £396 since the start of lockdown

With much of the country officially closed for business, stay home Brits have used the nationwide lockdown to save on average £396 in the last six weeks. Money.co.uk reveals full data and comments further.

Money.co.uk comments: Furlough Extension

Workers can breathe a sigh of relief as the furlough scheme has been extended amid the coronavirus crisis. Money.co.uk comments on this.

Brits feel blue about post-lockdown travel

The reality of coronavirus has meant that for many in the UK, upcoming holiday plans have been postponed or cancelled entirely. New figures show that 85% are concerned about fear, anxiety and worries about safety.

Renting rights during coronavirus

The government passed an emergency law in March that restricts landlords from evicting their tenants throughout June that stops landlords evicting tenants three months. Money.co.uk comments on this scheme.

The cost of taking a mortgage payment extension holiday revealed

Millions of homeowners have taken advantage of the government's mortgage holiday scheme, money.co.uk reveals the long term costs of taking a mortgage payment holiday

Press Release | ONE IN TEN COUPLES ARE PLANNING FOR A JANUARY PATTER OF TINY FEET

One in ten UK couples say lockdown has led them to plan a new baby, a national study* has revealed. Those most likely to plan for a lockdown baby live in London (18%), the North-east (18%) and Yorkshire & The Humber (14%), according to research by financial comparison experts money.co.uk.

Paying for children's major milestones could cost parents £259,000

Four out of 10 parents don't save a penny towards this.

Is your rental deposit safe in the hands of a protection scheme?

Research by money.co,uk and the Cebr finds that 15% of landlords are sitting on an estimated £514m of unprotected deposits.

T-Day sees Britain rush to transfer credit card debts

January 13th is the real transfer window, as the nation looks to spread Christmas debt. Money experts have dubbed it T-Day.

What are the rights of Norwegian Spirit passengers? - money comment

money.co.uk explains the rights of passengers of the Norwegian Spirit cruise ship.

money.co.uk comment: tips on avoiding debt this Christmas

Personal finance experts at money.co.uk offer tips on avoiding debt at Christmas

Lockdown leads to a surge in online shopping

Research from money.co.uk reveals the items that Brits have spent on since lockdown began, as over one third of Brits head online more often for retail therapy, than before the COVID-19 crisis.

Money.co.uk comment: Laura Ashley collapses into administration

As the effects of coronavirus hit the high street with the collapse of Laura Ashley, money.co.uk comments.

Buy now and pay through the nose later with catalogue credit

New analysis from independent comparison website money.co.uk reveals that catalogue credit could take the shine off of Christmas bargains as customers can expect to pay up to 60% APR with mainstream brands

National Price Hike Day | The UK just got £4 billion more expensive

It is National Price Hike Day in the UK on April 1st - and the cost of living is set to spiral upwards by £1581 this year for every UK household, as Brits are set to be hit with a raft of inflation.

Living their best life - millennials have already been on twice as many dream holidays as their parents

Research from money.co.uk reveals that Millennials (aged 24-39) and Generation Z (aged 16-23) adults have been on almost twice as many dream holidays as their parents (over age 50).

Bank of England drops interest rates in reaction to coronavirus - money comment

As the Bank of England reacts to the coronavirus outbreak by dropping interest rates, money.co.uk comments.

Flood damage claims - money comment

As flooding hits many parts of the UK, money.co.uk comments on what to do if your property has been affected.

Making extra money in January to pay off debts - money.co.uk comment

The key to managing your money to pay off debts is focus - a 2020 money management vision for 2020.

National Price Hike Day 2019 - report from money.co.uk

As household bills are set to increase on 01/04/2020 money.co.uk unveils its annual National Price Hike Day Report. Read on for more

Money.co.uk comment on sick pay rights during coronavirus

Money.co.uk comment detailing employee rights during the coronvairus outbreak

As Storm Ciara batters Britain, money.co.uk offers tips on what to do if your property is damaged

As Storm Ciara batters Britain, money.co.uk offers tips on what to do if your property is damaged, read on for more information on home insurance claims.

Switching current accounts - how to do it and what the benefits are

New tips released as switching current accounts continues to grow in popularity

Pocket Money Goes Digital | The Move To Cashless Gathers Pace

The traditional piggy bank is predicted to disappear from UK homes as parents lead the way towards amore digital cashless society. Check out the latest study on this by money.co.uk.

Brits set to spend £33.3 BILLION on gifts this Christmas

New research and interactive budgeting calculator from money.co.uk reveals the true cost of UK Christmas gifting

Over half of UK adults will head into 2020 with a personal debt of up to £100,000

More than half of the UK adult population (almost 27 million), will head into 2020 in debt, with almost five million** owing over £10,000 in loans and credit, according to a poll conducted by money.co.uk.

New study by money.co.uk reveals that saving the planet costs you an extra £2,000 a year

New research from money.co.uk reveals that saving the planet costs you an extra £2,000 a year - read on for more information

HSBC Advance Bank Account exclusive deal with money.co.uk and uSwitch

HSBC is offering an exclusive deal to customers of money.co.uk and uSwitch: customers* who switch their main account to an HSBC Advance Bank Account through either platform will receive £175 cashback for switching.

Consumer rights after British Airways cancels flights to China

As British Airways suspends its flights to China following Foreign Office advice to avoid all but essential travel to China , Money.co.uk outlines your rights.

Mothercare announces plans to appoint administrators for UK business

Advice for staff and customers as Mothercare announces plans to appoint administrators

Exclusive comparison site deal from HSBC on money.co.uk

HSBC is offering a comparison site exclusive cashback deal to new customers through money.co.uk and Uswitch, read on for more details.

money.co.uk comments: Treasury confirms new Innovative Finance ISA

Hannah Maundrell, Editor in Chief at money.co.uk, comments on the 2015 Summer Budget announcement that a new Innovative Finance ISA will be introduced in April 2016.

money.co.uk comments: summer of airport and airline strikes

With threats of strikes at Heathrow and Gatwick, as well as by staff at Easyjet, Ryanair and British Airways, Brits face a summer of travel chaos.

Ignoring the letter could cost you £275

With just under one month left for eligible customers that were mis-sold credit card security protection to claim, Hannah Maundrell, Editor in Chief of money.co.uk, offers some useful advice on getting your cash back.

money.co.uk comment: tips on getting out of debt before Christmas

money.co.uk personal finance expert offers tips on getting out of debt before Christmas

New deals on Balance Transfer Credit Cards from Barclaycard and Sainsbury's bank

Barclaycard and Sainsbury's Bank have both today launched new deals to attract Balance Transfer customers as the time for moving debts around reaches its peak.

money.co.uk comments: pound rallies just in time for the Bank Holiday weekend

The pound has received a boost from reports of renewed efforts to avert a no-deal Brexit — just in time for holidaymakers heading abroad for the Bank Holiday weekend.

money.co.uk comments: water bills set to be cut by £50 over five years

Water bills in England and Wales are set to fall by an average of £50 between 2020 and 2025, under plans published by the industry regulator. Ofwat said firms would also have to invest an additional £6m each day in improving services for customers.

New Year, new start... apart

Monday 4th January is peak time to set the 'separation wheels in motion'.

money.co.uk comments: one in six travel insurers don't offer cover if airlines and holiday companies go bust

One in six travel insurers don't offer cover if airlines and holiday companies go bust, read on to see money.co.uk personal finance expert's views.

money.co.uk comments: Boardmasters music festival cancelled at short notice

Boardmasters — Cornwall's biggest festival — has been cancelled with just a few days' notice due to a severe weather forecast.

Money.co.uk comment on new rules for overdrafts

As the FCA reveals its new rules for overdrafts, money.co.uk comments on how they will benefit people across the UK.

There have been huge changes in consumer habits due to COVID-19, read on to learn more.

A survey of 1,646 adults compiled by YouGov, delving into people's shopping habits since lockdown began, has revealed how often people have been visiting different types of shops to get their essentials, and if frequency has changed since lockdown started.

Small business loans comment

Money.co.uk comments on the new government small business loan scheme, amid the coronavirus

money.co.uk comments: protecting your travel money against currency fluctuations

Sterling has dropped this morning on the back of news that GDP has contracted, hitting a 31-month low against the dollar and a two-year low against the euro.

Students lose £32 million in rental deposits when they move out

With four out of five student tenants not signing a photo inventory, read on to find out why they are losing their money and what they can do about it.

money.co.uk comment: failure of Flybe and what protections travellers have

As the coronavirus claims its first profile Uk business casualty, our personal finance expert shares his thoughts on what protections travellers need to check for to recoup their cash.

Debenhams administration comment

With the effects of coronavirus hitting the high street ,money.co.uk comments on the collapse of Debenhams

If you're watching TV, having a shower, posting a letter or picking up a prescription - it will cost you more on Saturday!

We're not joking, 1st April really is 'National Price Hike Day' when you'll be hit with yet another raft of inflation-busting price hikes and many of your day-to-day activities will cost you more.

New research reveals that third of unmarried women in relationships are planning traditional leap year proposals

With 2020 being a leap year, new research reveals that a third of unmarried women plan to propose to their significant other on 29/02/2020

Brits set to be hit with an increase of up to 300% on personal expenditure

We've predicted our future finances by analysing ONS data from the past 80 years to make a forecast for the next 10 years, taking into consideration inflation and rising expenses.

Shoppers could face cashier carnage from the 5th October

Forgetful shoppers could face a bill of £100 million between now and Christmas if they don't 'bring a bag'.

Two thirds of working households claim they are JAMs

Half of those with an annual household income of over £70,000 feel they are just about managing financially.

Looking for a bargain on Prime Day?

The countdown to Prime Day 2019 has already begun with early deals on Amazon brands, including four months of Amazon Music for only 99p1. But the real bargains kick off at 00.01am on Monday, 15th July and run until 11.59pm on Tuesday, 16th July, making this the biggest Prime Day event ever - or should that now be Prime Days?

Until debt do us part; lovers get into years of debt to pay for engagement rings

Almost half of Brits proposing to their lover will get into debt to pay for their engagement ring, according to new research by money.co.uk

money.co.uk comments: Ryanair strikes to go ahead.co.uk comments: the aftermath of the British Airways strikes

Ryanair has lost a High Court bid to prevent strikes by its pilots on 22 and 23 August.

Are people being priced off the rental ladder?

Rental deposits could account for up to 120% of monthly salaries by 2026 according to a report by the Centre for Economic and Business Research (Cebr) for money.co.uk.

Ban on credit card use for gambling

As the Gambling Commission announces a new ban (due to come into effect in April 2020) on using credit cards for gambling, money.co.uk comments

money.co.uk comments: the aftermath of the British Airways strikes

British Airways pilots are striking on 9 and 10 September, but the knock-on effects could be felt for a day or two after the strike ends. What should consumers do?

money.co.uk comments: LateRooms and Superbreak go into administration

Malvern Group, which owns Superbreak and LateRooms, has announced that it has gone into administration.

Saving to protect against loss of earnings

As it's revealed that nearly half of working private renters could not afford their rent for more than a month if they lost their job, money.co.uk advises consumers on saving to protect themselves against loss of earnings

money.co.uk comments : coronavirus and travel

As the spread of coronavirus continues, money.co.uk comments on what do do if you are concerned about losing money

money.co.uk comments: CMA issues Directions to Barclays in regard to banned banking practices

The CMA has issued Directions to Barclays, which was in breach of the ban on banks forcing small business to open or maintain a current account in order to access another product, such as a loan.

Do you live in the party capital of the UK?

Britain's biggest spending hotspots revealed. When all the household bills are paid, where does the money go?

Oasis and Warehouse administration comment

As the effects of coronavirus continue to hit the high street with the collapse of Oasis and Warehouse, money.co.uk comments.

Money saving tips on a reduced salary

Workers across the country have found their pockets hit by the coronavirus crisis. Money.co.uk has provided tips on how you can save money and manage your budget with less cash coming in.

Measly interest rates lead consumers to fritter away £73 million of savings a month

One in five savers admits to saving less, or not at all, in the last 12 months — largely due to minimal returns.

Money.co.uk comment on the debt holiday scheme

Money.co.uk's comments on the debt holiday scheme - updated following confirmation by FCA of measures being approved

money.co.uk comment: Oasis and Warehouse administration comment

As the effects of coronavirus continue to hit the high street with the collapse of Oasis and Warehouse, money.co.uk comments.

Competitive mortgage market could see rates go even lower- money.co.uk comment on this

The financial markets claim there is a 62 per cent chance that the Bank of England will cut the base rate at the end of January 2020 to 0.5 per cent- money.co.uk comment

DVLA surrenders to industry pleas for online code extension to 21 days

Following 10 July 2015 announcement by the DVLA that the validity of the online code required to 'share driving licence' details with car hire companies has been extended from just 72 hours to 21 days, Hannah Maundrell, Editor in Chief of money.co.uk, comments.

£50 fine will not stop one in five drivers smoking in their vehicle

61% of drivers admit they smoke with passengers on board, this affects over 300,000 children under four.

Coronavirus wreaks havoc on UK Businesses

New data from ONS reveals the harsh realities the coronavirus pandemic is having on businesses, Money.co.uk comments on this; as well as provides tips on how employees can remain productive and healthy throughout lockdown

FCA coronavirus credit card, loan and overdraft holidays

As the FCA asks banks to offer debt holidays to customers, money.co.uk comments with tips on how to apply for a mortgage holiday and where to get free debt advice.

Spending on credit cards overtakes cash

As spending on credit cards overtakes cash for the first time, money.co.uk advises consumers on the potential issues caused by contactless and credit card payments

National Price Hikes Day 2018

National Price Hike Day falls on Easter Sunday this year - the day you'll be hit with a raft of inflation busting price hikes so many of your day to day activities will cost you more.

Wilko's pick and mix deal back in stores today

Our Editor in Chief, Hannah Maundrell spoke to The Sun about how you can cut the cost of your shopping bills.

Planning a wedding next year? This formula is proven to get guests on the dance floor

If you're planning your wedding party playlist then take note, a new study into dance floor fillers has revealed Nightcrawlers' 'Push The Feeling On' is the song most likely to get people's feet moving and hips shaking, with 'Horny' by Mousse T. ft. Hot 'n' Juicy in a close second.

Black Friday shopping tips and an explanation of your refund rights as a consumer

Black Friday offers thousands of amazing and tempting deals in the shops and online, money management is crucial if you want to avoid waking up with a financial hangover. Follow these tips to keep control of your money.

Tech-ing the mick; less than a third of the most sought after gadgets discounted on Black Friday

Less than a third of the UK's most sought after tech products of 2019 have been discounted by three major retailers this Black Friday, research by Money.co.uk reveals all.

Advice for Thomas Cook customers as its future looks uncertain

As the future for Thomas Cook looks uncertain, money.co.uk advises customers on protecting their money

Tips of taking control of your finances in 2020

money.co.uk personal finance expert offers tips on the biggest financial win for 2020 - making and sticking to a budget.

January babies lose out on birthday gifts

People with a January birthday will lose out by up to £1,120.11 of gifts over their lifetime according to new research, which also revealed that UK adults are set to spend almost £26billion on birthday gifts in 2020

Advice on shopping around to get the best savings as Marcus drops its rate

As the headline grabbing interest rate from Marcus is cut, money.co.uk advises on the best interest rates for savers.

Natwest and RBS website outages

Natwest and RBS are again experiencing outages on their websites - less than a day after fixing similar issues on their sites.

Chris Morling donates £33k over three years to local Primary School

For the past three years our founder and CEO, Chris Morling has given every team member £5,000 to donate to a charity of their choice. The staff all chose charities close to their heart and ranged from small local charities to nationwide specialist ones.