19 September 2017
uSwitch comments on Andrew Bailey’s interview in today’s Guardian about the looming debt crisis
Commenting on the call from the chief financial regulator, Andrew Bailey, Chief Executive of the Financial Conduct Authority, for government to tackle the looming debt crisis, Tom Lyon, money expert …
13 September 2017
10 years on from Northern Rock, households continue to struggle as bills rise ten times faster than income
Essential bills soar by 20% in a decade – ten times faster than household income at 2%[1] Real household disposable income falls by 33% since 2007[2] Increase in gas (59%), …
5 September 2017
uSwitch comments on increase in bank complaints
Commenting on the increase in complaints about banks released by the Financial Ombudsman today, Tom Lyon, money expert at uSwitch.com, says: “It is unacceptable that the quality of banks’ services …
29 August 2017
uSwitch comments on two year PPI deadline
Commenting on the launch of the FCA’s consumer campaign to marking the two year countdown to the deadline for making a new PPI claim Tom Lyon, money expert at uSwitch.com, …
14 August 2017
Cost of caring for parents leaves kids facing £77,000 shortfall
Two thirds (68%) of people underestimate real cost of elderly care[1] Average individual care bill totals over £360,000 for ten years, but consumers believe it is £283,000, leaving a potential shortfall of …
27 July 2017
uSwitch comments on Lloyds Banking Group setting aside another £1 billion to compensate customers
Commenting on the announcement today that Lloyds Banking Group is putting aside another £1 billion to compensate customers for mis-sold PPI and unfair mortgage practice, Tom Lyon, money expert at …
26 July 2017
uSwitch comments on latest Current Account Switch Service figures
Commenting on the latest figures from the Current Account Switch Service, published today, Tom Lyon, money expert at uSwitch.com, says: “Despite enabling nearly four million switches in the four years …
25 July 2017
uSwitch comments on FCA consultation to require current account providers to publish information on service and performance
Commenting on FCA proposals announced today to require current account providers to publish information on service and performance, Richard Neudegg, Head of Regulation at uSwitch.com, says: “These proposals are a step in the right direction …
13 July 2017
uSwitch comments on Bank of England’s Credit Conditions Survey
Commenting on the latest Credit Conditions Survey published by the Bank of England today, Tom Lyon, money expert at uSwitch.com, says: “The news that default rates on credit cards and …
1 June 2017
High street banks fail to impress in 2017 uSwitch Credit Card Awards
The latest uswitch.com survey of more than 10,000 credit card customers reveals that the big high street banks are falling behind other providers[1] Nationwide Building Society wins the coveted uswitch.com 2017 Credit …