• Fuel prices rise by up to 40 per cent year-on-year for unleaded petrol and 51 per cent for diesel in European motoring holiday destinations • Filling the tank costs least in Andorra and Austria while diesel is still sub-£1 in Spain • Diesel remains cheaper than unleaded petrol in all barring Switzerland and UK – with the biggest saving of 32p a litre in the Netherlands
Post Office today announces the launch of its new brand, Post Office Money, which will bring together all of its multi-award winning financial products under one umbrella. This is a significant step to cement the Post Office as one of the UK’s leading financial service challengers and continues its successful joint venture with the Bank of Ireland.
- Half (49 per cent) of UK adults have concerns about the cost of their friendships - In the last year UK adults spent an average £158 on gifts for their best or closest friend - One in six (16 per cent) have used their overdraft to cover the price of a present - Four in ten (43 per cent) of 18-34s have lied about being busy to avoid the expense of celebrating with friends
- The poorest 20 per cent of UK households have had no potential savings1 – money available to save - since 2002 - Meanwhile, the highest-earning 20 per cent of the population will have an average £18,680 to save this year - The savings gap between the richest 20 per cent and the poorest 20 per cent currently stands at over £20,000
The Competition and Markets Authority (CMA) has found that essential parts of the UK retail banking sector lack effective competition and do not meet the individual needs of consumers.
- Parents expect to spend £2291 on keeping their children amused over half term - Week of woe: Nearly two thirds of parents (62 per cent) are worried about covering the costs - A third (31 per cent) will dip into their savings and 22 per cent plan to work overtime to make up the shortfall
- Pre-paid funeral plans provide customers aged over 50 with certainty over funeral costs - Plans allow customers to pay a minimum of £150 a month towards the cost of their funeral
- Attractive products include Online Saver, Reward Saver and Cash ISA - Products are available online, in-branch, by phone or by post
- Latest range includes market-leading branch exclusive
- UK currently sits eleventh in league table of average potential savings below Spain and Italy - Amount UK households could be saving is down by more than 10 per cent since 2010 - Post Office predicts that by 2018 the UK will remain below the majority of advanced European economies in the savings league table
- Children forced to share a bedroom in a fifth of households - this is due to lack of space in one in ten UK homes - Adults have a smaller bedroom than children in a third of households - Aspiring movers can expect to wait four years before moving to a bigger house, but almost a third doubt they’ll ever be able to do so
- The pre-paid Money Card offers customers a convenient way of managing their money without going over budget - The flexibility of Post Office’s Money Card means it can be used on the high street, online, and at ATMs - Customers can set their spending limit according to their budget - Two card options available, Pay As You Go or Pay Monthly
