Rates for annual inflation in both the consumer price index (CPI) and the retail price index (RPI) have seen a decrease, according to figures from the Office for National Statistics (ONS). Looking at the period between December 2011 and January 2012, CPI annual inflation fell by 0.6 percent from its figure in December. It now

Having your personal details stolen from you and used fraudulently by others can be a scary prospect for already cash-strapped Brits. The Office of Fair Trading (OFT) estimates that Brits lose a massive £3.5 billion on scams every year, with the average victim losing £850. With the number of UK households struggling to cope with

Singletons are paying the price for their solo status to the tune of £3,500 pounds a year, according to research by the Co-operatives UK. We already know that those who are savouring in the delights of wedded bliss benefit from tax breaks, access to larger mortgages and avoid paying the dreaded ‘single supplement’ tagged onto

If you want to manage your finances but don’t want a credit card, a prepaid card could be the ideal option for you. The card is simple and easy to use and it works in the same way as a pay-as-you-go mobile phone top up card. All you have to do is put money on

The majority of spenders will admit to being woefully ignorant when it comes to managing their finances and apart from enlisting ‘moneysaving expert’ Martin Lewis as a permanent lodger, are short of ideas on how to make their money work for, rather than against them. For those who want to earn the accolade of ‘savvy

Figures from The Royal Institution of Chartered Surveyors (RICS) housing market survey for January 2012 point to a slight downturn in the residential property sector. 16% more surveyors continued to report price falls rather than rises, although this figure represents the best reading since July 2010. However, when scrutinised further, the survey reveals that 82%

Renters and homeowners alike will be aware of the expensive costs of running a property and keeping up with mortgage or rental payments. Thanks to a record high in rent prices and the dismal state of the economy and UK housing market, it’s now actually cheaper to buy a property than rent one. Homeowners are

The average cost of a UK home increased by 0.1 per cent over 2011, according to December figures from the House Price Index. First time buyers were hit with 1.6 per cent higher prices on average, compared to the situation a year earlier, bringing the cost to £153,393 for an average home. In contrast to

Nearly four million children in the UK are living in poverty, could that include your young family? The cost of raising children and caring for them is becoming increasingly hard for parents under the current economic climate. Shockingly, one in five mums will go hungry in the UK to make sure their kids have enough

The continued downturn in the UK economy, falling annuity rates and the threat of a double-dip recession may give savers the incentive they need to ensure they have healthy balances for the pension and other savings pots. According to a report by Scottish Widows, only 51% of the UK workforce is saving the correct figure