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A third of Brits expecting to feel the pinch, says A&L

More than a third of UK adults are expecting to have less spare money over the next six months, research by Alliance & Leicester has found.

The A&L study shows that 34 per cent of respondents expect to have less spare cash, while 79 per cent blame this on the increasing cost of food, consumer goods, household bills and fuel prices.

55 per cent of those surveyed said they are already taking control of their finances with some even selling cars and other expensive items.

Other measures people are taking to save money include changing utility providers, switching credit cards, changing current accounts, taking out a personal loan and taking on a second job.

A&L current account manager Emma Walkley, says: “It is encouraging to see people are making positive changes to their spending and budgeting habits. This will hopefully stand them in good stead should they see their disposable income affected over the forthcoming months.

“Taking advantage of the best financial deals on the market is always important, but more so in the current environment.”


Annuity rates bounce back

Moneyfacts says annuity rates faltered slightly during the first quarter but average rates have recovered to just above the levels seen in December last year.

Tax year-end planning with the family

From the Technical team at Prudential Let’s face it, many aspects of financial planning involve a lot of technical detail. At our face-to-face events, we’ve had great success bringing these technical topics to life through the use of practical case studies. Meet the family Prudential’s Planning Matters hub brings together a fictional family and explores […]


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