By 2025, over 45% of UK adults are supplementing their income with a side hustle, driven by stagnant wages and inflation lingering at 4.2% (Office for National Statistics). What began as a pandemic-era trend has become a financial lifeline, with the average side hustle now generating £620/month – enough to cover 78% of the average […]
In 2025, the average UK household spends £65/month on subscriptions – from streaming services to meal kits – yet 72% underestimate this cost by £200+ annually, according to a Which? investigation. What began as convenient “£10 here, £15 there” sign-ups now rivals mortgage payments for many. As personal finance guru Martin Lewis warns: “The death by a thousand […]
Every January, millions of Brits pledge to “save more”, “invest smarter”, or “clear debt”, yet a 2025 Financial Conduct Authority (FCA) survey reveals that 82% abandon these goals within six weeks. The issue isn’t lack of intent – it’s flawed strategy. As behavioural economist Professor Richard Thaler notes: “Self-control is a limited resource. Designing systems that outsmart […]
In 2023, the UK’s banking sector financed £15.6 billion in fossil fuel projects, equivalent to the annual carbon emissions of 8 million cars, as reported by the Rainforest Action Network. Yet, a 2024 survey by the Green Finance Institute found that 71% of Brits want their money to support environmental causes—they just don’t know how. As ethical banker […]
By 2040, the UK state pension age is projected to rise to 68, yet a 2024 report by the Pensions and Lifetime Savings Association (PLSA) reveals that 39% of 30–45-year-olds have no private pension savings. With the average retiree now living 22 years post-retirement (Office for National Statistics), relying solely on the state pension (£11,502 annually) […]
By 2025, Millennials and Gen Z will make up 62% of the UK’s banking customers, yet a 2024 Deloitte report reveals that 54% feel traditional banks “don’t understand their needs”. Having grown up amid financial crises, gig economies, and crypto booms, these cohorts aren’t just seeking accounts – they demand alignment with their values, tech habits, […]
In the UK, 50% of small businesses fail within five years – and poor cash flow management is the culprit in 82% of cases, according to a 2024 report by the Federation of Small Businesses (FSB). As Deborah Meaden, entrepreneur and Dragons’ Den investor, starkly puts it: “Profit is vanity, cash flow is sanity. You can’t pay bills […]
In 2023, UK Finance reported that £1.2 billion was stolen through fraud – a 9% increase from 2022 – with authorised push payment (APP) scams accounting for 40% of losses. Yet, a startling 2024 FCA survey found that 65% of Brits reuse the same password across multiple accounts, leaving them vulnerable to breaches. As cybersecurity expert Dr. […]
In 2023, the Money and Pensions Service revealed that 40% of UK adults have less than £1,000 in savings, leaving millions vulnerable to unexpected costs like boiler breakdowns or sudden job loss. As personal finance author Clare Seal writes in Real Life Money: “An emergency fund isn’t a luxury – it’s a basic necessity, like a seatbelt for […]
In the UK, 62% of adults prioritise cash savings over investments, according to a 2024 study by the Money and Pensions Service. Yet, with inflation averaging 6.7% in 2023 (Bank of England data), relying solely on savings accounts paying 3-5% interest risks losing purchasing power over time. As Dame Helena Morrissey, founder of the 30% Club, observes: “Saving […]
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