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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 …

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%), …

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 …

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, …

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 …

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 …

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 …

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 …

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 …

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 …