- The big bank break up and the 4th anniversary of the Northern Rock collapse.
- It's also the Trumpo Blogs 4th Birthday, no coincidence-born out of despair.
- Mon 12th Sep 2011
- Up to one in six European banks fail financial health check.
- It's a scary story, but what does it mean? surely not another run on a few banks?
- Tue 28th Jun 2011
- Welcome back moneybrain.com
- The trumpo team are pleased to welcome back an old friend.
- Mon 13th Jun 2011
Credit cards 'fuel last-minute Xmas spending'
Mon 17 Dec 2007 4pm
With a large number of Britons still leaving their present-buying until the last minute, many are relying on credit cards to carry the weight of their Christmas spending, according to new research.The study by Sainsbury's Bank claims that UK shoppers will spend a collective £11.85 billion in the week before Christmas, with the average British male shelling out £325.48 on gifts during the last seven days.
According to the findings, 18 per cent of this expenditure will be placed on plastic, with approximately 8.6 million people intending to make at least half of their Christmas purchases using credit.
"Credit cards can be a safe and convenient way to do your Christmas shopping and some provide great rewards for using them," said Donald MacLeod, head of cards at Sainsbury's Bank.
"There are a number of credit cards to choose from, all offering different terms and conditions, so it is important to ensure that you have the right one for you," he added.
A report from Apacs recently stated that over £5 billion will be spent online by shoppers in the UK this Christmas.
