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The £7.89 billion credit card spend

New research from Sainsbury's Credit Cards indicates that this summer, people are planning to spend an estimated £7.89 billion in the sales.

 

Credit crunch? What credit crunch?

Could the current economic climate, financial doom and gloom, be a myth? According to new research from life insurer Zurich, despite the testing market conditions, less than a third of consumers have reviewed their finances in light of the credit crunch (29%) and a fifth of people (21%) claim it's a term created by the media.

 

Consumer confidence slumps to record low

Rising costs and talk of falling property values have pushed Britain's consumer confidence to record lows, according to new figures released by market research company Nielsen and the British Retail Consortium (BRC).

 

Consumer confidence hits new low

The latest Nationwide Consumer Confidence Index (NCCI) shows UK consumer confidence ticking down 1 point in May to 69. This is the second consecutive new low and brings overall confidence to a level 30% lower than this time last year.

 

Consumers tempted into debt by cars

Cars are the biggest culprits when it comes to tempting people into spending beyond their means, according to a new survey by Experian, the global information services company.

 

Survey shows consumers are tightening their belts

Consumers are tightening their belts as they battle the credit crunch, according to a CBI survey published today. Service c

 

Shop around and save £thousands

Moneyextra.com's latest quarterly review of financial services highlights the savings available just by making the right financial decisions. The total annual savings available by replacing near-worst with near-best products across a range of financial services is now £3,363.841.

 

Barclaycard stands accused

Britain's biggest credit card company, Barclaycard, has been accused of acting irresponsibly after sending out letters to customers reminding them to take instant cash out of ATMs - but without mentioning the 27.4% interest that'll immediately accrue once they do so.

 

Moneyextra - A trusted force in online finance!

Moneyextra, the UK's longest-established personal finance website, is now under new management committed to building the online brand. The website is being backed with fresh investment and a renewed commitment to presenting a compelling online solution to site users.

 

Tune in with your Citi card

Use your Citi Platinum MasterCard - charging 17.9% APR (variable) - and you can earn iTunes music points with your everyday purchases. You can then use these points for iTunes music downloads - or even save for an iPod nano!

 

Financial News RSS Feed

Moneyextra's news and features are now available through our Financial News RSS Feed. Do you want to stay up to date with all the latest personal finance news? Use Moneyextra's Financial News RSS Feed and you'll get new stories and headlines instantly. You'll need a special RSS news reader application to use our Financial News RSS Feed.

RSS News Feed  |  What is Moneyextra RSS?

 
 

Financial Data

Last updated at 19:36 on 18 July 2008
Prices are 20 minutes in delay.
FTSE 100 Index
 
Indices
FTSE 100 5376.40 Up +90.10
FTSE 250 8964.70 Up +245.00
FTSE techMARK 1520.14 Up +32.10
FTSE AllShare 2735.72 Up +48.91
Forex rates
£/US Dollar 1.9975 Down -0.0014
£/Euro 1.2607 Up +0.0002
Inflation/Base Rate
RPI - May     215.1
CPI - May     108.3
Headline     4.3%
Underlying     3.3%
Base Rate - June     5.00%