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uSwitch comments on the FCA’s Financial Lives Survey

In response to the FCA’s Financial Lives Survey released today revealing the financial vulnerability of the nation, Tashema Jackson, money expert at uSwitch.com, says: “In the last ten years the cost of …

uSwitch comments on rise of household bills ahead of Consumer Price Index inflation figures

Commenting on the latest Consumer Price Index inflation figures, published today, Tashema Jackson, money expert at uSwitch.com, says: “The rise in cost of everyday bills from the weekly supermarket shop …

Brits to spend an extra £1.6 billion in mortgage repayments because of lazy lenders

Three quarters (77%) of mortgage holders have not been contacted by their lender at the end of their fixed rate deal[1] costing homeowners £1.6 billion a year[2] 2.1 million mortgage …

uSwitch responds to CMA’s digital comparison tools market study final report

Commenting on the CMA’s digital comparison tools market study final report, Richard Neudegg, Head of Regulation at uSwitch.com, says: “The CMA’s final report on digital comparison tools highlights how comparison services …

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 …