finance

A survey, commissioned for the Financial Times by Ipsos Mori, reveals shortcomings in financial understanding

90% learnt ‘little or nothing’ about finance at school

The Financial Times has launched a new charity endorsed by the former prime minister Gordon Brown, focused on the promotion of financial literacy and inclusion around the world. The FT Financial Literacy and Inclusion Campaign (FT FLIC) unveiled its strategic plan to boost the financial literacy of young people, women and disadvantaged communities at an event hosted by Roula Khalaf, editor of...

31% of respondents felt ‘in control and organised’ when it came to retirement

Britons feel ‘in control and organised’ when planning their retirement

Most people would describe themselves as ‘in control and organised’ when planning for their retirement, according to new research from private and commercial bank Arbuthnot Latham .

Having surveyed nearly 300 respondents, Arbuthnot discovers their attitudes towards retirement based on how they plan to spend their time, where they will live and how they will fund their retirement....

Brits could be at risk of being left vulnerable in society due to an inability to use digital payment methods

30.6 million Brits currently at risk of digital exclusion due to a drop in cash use

At least 30.6 million Brits could be at risk of being left vulnerable in society due to an inability to use digital payment methods amidst a significant drop in cash use, new data reveals.

Global Payment Trends collates official data from payment reports and demographic statistics to reveal the potential societal repercussions of digital exclusivity, whereby coins, banknotes and...

Over half of UK adults got into debt in 2020

One in four UK adults said they got into arrears because of the pandemic

Over half of UK adults got into debt last year, with one in four revealing that their debt was a direct result of the COVID-19 pandemic, according to new research.

The study by personal finance experts at money.co.uk reveals that 51% of UK adults got into debt in 2020 and half of that was new debt directly caused by the pandemic.

The average amount of debt owed in the UK in...