News

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Contactless

6.3 million Brits will be in credit card debt throughout 2021

  • 16% of Brits have started 2021 with a credit card debt and 12% will remain in debt all year.
  • 24% of Brits know they could save money on their card and loan interest, but only 9% switched credit cards last year.
  • GoCompare Money provides tips on managing credit card debt.
Go Compare logo

GoCompare provides free mental health support to life insurance customers

  • Wellbeing support made standard for those arranging life insurance through GoCompare
  • ONS figures show that adults experiencing depression doubled in 2020
Cash at home

88% of Brits look for savings on essential outgoings and bills in 2021

According to new research1 from GoCompare Money, 88% of Brits are looking to make savings on essential outgoings and bills in 2021, including the grocery bill, TV, mobile and internet contracts and car insurance costs.

Saving

New Year’s Resolutions: 23 million resolve to make 2021 healthier and happier

But Brits have just seven weeks to change their ways in the New Year!

  • Lose weight, save the environment and get off social media – Brits plan for 2021.
  • Mental health resolutions top for almost a third
  • Seven weeks – the average length of time New Year’s Resolutions last.
  • A quarter pledge to sort out finances and cut back spending.
  • Less time on social media is now bigger resolution than cutting back on drinking or smoking.
Christmas Spending

Winter Worry Land – the Nation’s biggest concerns revealed

  • Not seeing friends & family and loved ones catching coronavirus top Brits’ concerns this Christmas
  • Over a third of Brits are worried that 25 December 2020 won’t feel like Christmas
  • Health is a key concern – including Covid-19 and mental health issues
  • Financial worries include finding enough work, affording Christmas, and paying winter bills
  • GoCompare Money shares advice for those experiencing financial difficulties
Dog Bandage

Pet-proof your home this Christmas: warning for new dog and cat owners

  • Festive foods, drink and plants can be toxic to cats and dogs.
  • Pet owners are urged to be careful in their choice of Christmas decorations.
  • Antifreeze, frozen water, and frostbite - white Christmas hidden dangers for pets.
  • GoCompare Pet Insurance offers tips on how to pet-proof your Christmas.
Student

Most people working from home are unhappy with their workspace set-up

Space to think: Report finds Interruptions by kids, inadequate tech and having to move around the house to find a place to work have left 15% of home workers feeling stressed

  • 19% say they are now fed-up with working from home
  • 14% are working from the sofa and 6% are working from their bed
  • 1 in 10 have experienced an embarrassing video call due to their home set-up
  • Half of homeworkers have had to spend money improving their working space
coen-van-den-broek-hFeV3DhKcEw-unsplash

As claims for bike theft soar - warning for cyclists to check their insurance cover

  • Analysis of over 400 home insurance policies1 reveals a huge variation in cover for bicycles.
  • 10% of home contents policies exclude any cover for cycles.
  • Only 8% of home contents policies automatically cover cycles away from the home.
  • Consider stand-alone bicycle insurance to ensure your cycle is properly protected.
DIY

Covid Christmas DIY boom - 12.8 million households planning home improvements

Brits zhush things up at home for the sake of their mental health

  • GoCompare Home Insurance warns work could invalidate home insurance.
  • 46% of Brits are planning home improvements in the run-up to Christmas.
  • 36% are concerned about or unable to get tradespeople in due to Covid-19.
  • Most (54%) people are planning to do the work themselves.
  • However, only 39% say they are competent to do the jobs.
Dachshund

Bow-wow! GoCompare launches multi-pet insurance comparison

Pet owners can now add up to six pets to one quote

Traffic

Online car buying websites:  Lockdown warning on packaged breakdown cover and temporary insurance

With the likes of Cinch and Cazoo omni-present on lockdown TV screens, GoCompare looks at the insurance cover provided as part of the deal