cost of living

• Despite the cost of living and inflation rising, consumers are still looking to prioritise travel in 2024.
• Online travel agent, loveholidays, has teamed up with personal finance expert Ashley De La Haye to provide tips on budgeting for this year's trips.
• Mum of one, Sophie Hayes, a HR professional from Leeds, explains how she budgets for her summer holiday.
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• Payments are part of the £104 billion Cost of Living support which includes uprating benefits by 6.7% and pensions by 8.5%
• Comes as more people are set to secure long-term financial security through work thanks to the next generation of welfare reforms

Millions...

• Families argue about leaving the lights on in empty rooms more than once a week[1], as the high cost of gas and electricity continues to cause friction
• The average parent turns off 338 lights in empty rooms every year [2] , although one in four children (24%) helps save energy around the home [3]
• Four in ten households (44%) argue over the cost of heating, and a
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• New National Parent Survey reveals 54 per cent of parents in the South West say they are worried about the cost of school uniform with 50 per cent expressing concerns over paying for school trips.
• 1 in 6 parents in the South West report that their children have experienced depression, equivalent to 136,660 children, according to survey, with anxiety hitting almost 1 in 2 (47
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Millions of people across the country are set to receive significant cost of living support ahead of winter, with the government freezing bus fares in England and the second instalment of the cost-of-living payment – worth £900 in total - landing directly in bank accounts from today [31 October 2023].

• Significant cost of living support to come into effect from today as millions
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• 92% of UK parents say the cost-of-living crisis has encouraged them to talk more openly about finances with their children
• 83% of parents give pocket money to their kids, 39% of which give pocket money “once a week”
• 58% of parents give their child their own debit card by the time they turn 12 years old

Legal & General surveyed over 2,000...

While energy bills are generally lower in the summer months, there are ways to make sure costs stay as low as possible when children stay home for the school holidays.

Uswitch.com , the comparison and switching service, is offering households tips on how to keep energy bills down.

Ben Gallizzi,...

• Single parents with a mortgage in Brighton are worse off financially across the UK, faced with an average growing monthly debt of -£900.
• In 14 out of the 100 most populated UK towns and cities, single working parents with a mortgage appear to be accumulating debt each month - before paying for bills, food and clothing.

Single working parents in the UK are left...

Tax-Free Childcare has saved 649,935 families on their childcare costs during the 2022 to 2023 tax year, an increase of more than 137,500 from the previous year according to the latest statistics released by HM Revenue and Customs (HMRC) today (24 May 2023).   

With thousands more families benefitting from the government top-up year on year, HMRC is reminding eligible working...

With the cost-of-living crisis causing household bills to increase nationwide, many Brits are worried and concerned about the soaring energy prices that keep skyrocketing. This is leading many members of the public to do everything they can to reduce household bills and limit expenditures.

This is why experts at A-Plan Insurance have revealed their top tips on saving energy at home...