More than a quarter of people are resorting to using credit cards to buy food, and a fifth have borrowed money in order to pay for rising prices, it’s reported .
A poll by Ipsos, carried out for Sky News, shows that 18 per cent of respondees have borrowed money in the last year to pay for rising costs of living.
“Borrowing from reputable sources is one thing, but people, who are already struggling to pay their bills, resorting to borrowing from back-street lenders and loan sharks, is something to be really concerned about,” says Steve Gardiner of Heart of the South West...
As the cost of living crisis continues to impact the prices of energy, fuel and commodities, local businesses across Devon, Somerset, Plymouth and Torbay are being urged to make the most of available support to boost their resilience.
The Heart of the South West Growth Hub offers free, impartial, expert business advice, and has a range of programmes and grants available to help support businesses with growth, resilience, trade, marketing, recruitment, and more.
Businesses are being encouraged to get in touch with the Growth Hub team, who offer signposting services and can...
With inflation on the rise, bank rates plummeting and a recession on the horizon predicted in Q4 of 2022, it’s no wonder many are looking for alternative ways to save money. As a financial analyst, I’m always on the lookout for different ways to save (my partner would call me a penny-pincher, I like to think of myself as careful!) and I’d like to share with you some ideas. I’m sure some you’ll agree with me on, some not quite so much, but either way, each are currently being adopted by people across the globe to save. So, let’s get into my top 10 quirky ways to save money.
Thanks to ‘open door’ recruitment policy, new hires are up 34% on last year
Exeter financial experts Old Mill has welcomed 15 new starters this week as the firm continues to expand and grow, despite the impact of COVID-19.
Following a record trainee year in 2021, a number of senior appointments and this week’s intake, new hires across the firm are up 34% on last year.
Amongst those who have joined Old Mill this week are 10 trainee accountants who have come from various colleges, schools and universities across the UK.
We can all become complacent with our finances, but as with any bad habits, the first step is admitting something needs to change – and spring is an ideal time to give your money habits a deep clean and refresh.
But, once you’ve decided to improve your money habits, where do you start?
Here are some ideas from TopCashback.co.uk UK director Adam Bullock, for spring cleaning your finances and taking some steps towards a brighter financial future…
Spring clean your finances with these seven easy steps
Leading local advice charity, Citizens Advice Exeter, has released the results from its fifth economic well-being survey.
Citizens Advice Exeter Chief Executive Steve Barriball said: “A key finding is that more than half of those who responded to the survey, some 62%, said that they were worried about their financial position.
This is up significantly from 51% earlier in the year. Whilst income levels seem to have stabilised, with 61% of those responding saying their income levels remained the same, only 18% of respondents had seen their expenditure reduce.
When it comes to budgeting and spending patterns, over two fifths (43%) of Brits say their parents have been their biggest influencer on their money behaviour while one in 10 (11%) attribute this to their partner, that’s according to new analysis from Santander UK.
Interestingly, 40 million people (78%) believe that being good with money is a learned behaviour that anyone can pick up with practice. The study, which investigates the savings habits of the nation, also reveals that over a quarter of Brits (28 %) say they overspend on a weekly basis, by a collective £788 million each...
Macmillan Cancer Support’s mobile service will be visiting the area, with cancer information specialists on hand to answer questions and offer information.
The team encourages anyone with worries or concerns relating to cancer to stop by, whether you’re living with or beyond cancer, or are a carer or loved one of someone who is.
Cancer can impact on all aspects of your life, and the mobile service team is available to provide information on issues ranging from how to deal with the side effects of treatment, what local support is available for carers, where to turn if you...
Exeter Citizens Advice Bureau has published its latest advice trend statistics which show that in the first nine months of the financial year it helped 4,451 people directly with advice and information.
On average, clients with debt problems had debts totaling £9,193.64, down by £2,373.83 on the same period the previous year. However, the charity expects to see a further increase in the first quarter of 2015 as people struggle to deal with debt accrued in the Christmas period.
The amount of advice that the charity has been able to provide has increased in the following...
