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Paperless billing - good for the planet but bad for your wealth?
Research by GoCompare finds that 80% of UK consumers now receive at least one financial service and utility bill or statement electronically
Quarter of Brits have no ‘rainy day’ savings
- 25% of UK adults don’t have any money saved for emergencies;
- On average, people have £1,300 of ‘rainy day’ savings;
- Only 14% of people feel financially prepared for another economic downturn.
Insurance switching soars - driven by record high premiums
- GoCompare’s Switching Report reveals massive increase in car insurance switching from 22% to 27% in 2017;
- Home insurance and mortgage switching also on the up;
- 19% of UK adults have still NEVER switched any of the 10 most common financial products.
Drivers should still be on red alert when it comes to invalidating their car insurance in the snow
As weather warnings are downgraded, GoCompare warns drivers that they could still invalidate car cover over the coming days
GoCompare comments as E.on customers face an energy price rise of up to £22 a year
E.on customers have a choice: pay £22 a year more for their energy or £300 less
GoCompare comments on energy price cap legislation
“Any move that helps customers save money on their soaring energy bills is to be welcomed, but the introduction of a cap is not without concerns”