Supermarkets try to win back customers from discount stores
Over the past year households have been facing a tough time in relation to their finances, with soaring inflation and bills coupled with tighter credit conditions impacting hugely on household budgets. Amongst the products that have seen prices rocket are food products, and for many households the cost of the weekly or monthly shop has gone through the roof, making it even more difficult to make ends meet financially. Read more
Tags: Asda, money, measures, discount stores, Lidl, autumn, Commerce, supermarkets
New term sees Brits sort out finances
September 4, 2007 by admin
Filed under News, News-Banking
For school children, September and the new school term means a fresh start, but it seems that at this time of year, adults too are following suit and turning over a new leaf. 
Research from Lloyds TSB shows that in the autumn, some 56 per cent of adults vow to get fit, 34 per cent vow to spend more time with loved ones and 36 per cent promise to sort out their finances.
Over a quarter (28 per cent) of those who said they wanted to get their financial affairs in order planned to move their current account and over a third (35 per cent) are looking for an account that will offer higher credit interest rate, with changing credit cards and finding more competitive insurance also a priority.
A positive three-fifths think they will stick with their new commitment to better financial management.
Ian Larkin, managing director of consumer banking for Lloyds TSB, said: “Time and again, people tell us that sorting out their finances is a top priority, but many overlook the difference that a competitive current account can make to their finances.”
Some banks, including Lloyds, have staff dedicated to making switching accounts an easy and smooth process, so that new term financial resolutions are painless as well as beneficial.
