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uSwitch comments on payday lender CFO Lending being forced to repay £35 million to borrowers

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In response to the FCA’s announcement that payday lender CFO Lending will pay out £35 million in compensation to customers, Tashema Jackson, money expert at uSwitch.com, says: “This ruling is a …

uSwitch comments on anniversary of current account seven day switching service

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Commenting on the three year anniversary of the Current Account Switch Service Tashema Jackson, money expert at uSwitch.com, says: “Over three million people have switched their current account in the last three years …

Parents to fork out £5.8 billion for Uni students this year

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UK university students’ parents are set to dish out over £5,000 per child in financial support this academic year, collectively adding up to over £5.8 billion[1] Almost nine out of …

uSwitch comments on complaints data published by the Financial Ombudsman Service

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Commenting on today’s complaints data published by the Financial Ombudsman Service, Tashema Jackson, money expert at uSwitch.com, said; “It’s disappointing to see complaints about the mis-selling of PPI still dominating …

uSwitch comments on drop in Help to Buy Isa interest rates

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Commenting on the Daily Mail’s article about the drop in Help to Buy Isa interest rates over the summer, Tashema Jackson, money expert at uSwitch.com said, “Dwindling returns on Help …

Brits overspend by nearly £500 on their summer holidays

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• Three fifths (59%) of Brits[1] went over their holiday budget by an average of £500 this summer[2] • Nearly half (45%) blamed the poor exchange rate for the additional …

New index reveals best place to live for families in UK

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Top GCSE grades, good pay and weather, close proximity to GPs and fast broadband place Hertfordshire as the best place to raise a family in the UK – according to …

uSwitch comments on Santander halving interest rates on 123 account

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Commenting on the news that Santander has halved the interest rate on its 123 account to 1.5%, Tashema Jackson, money expert at uSwitch, says: “It’s disappointing to hear that Santander is …

uSwitch comments on CMA retail banking investigation final report

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Commenting on the publication of the Competition and Markets Authority’s final report following its investigation into the retail banking market, Richard Neudegg, head of regulation at uSwitch.com, says: “Despite the development of a …

Interest rate drop a double edged sword, says uSwitch

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Commenting on the Bank of England’s decision to lower its base rate to 0.25%, Tashema Jackson, money expert at uSwitch.com, says: “The lowering of the Bank of England base rate …