Consumer group Which? claims that price comparison sites may not always find the best insurance deals for consumers. More and more people are turning to price comparison sites such as GoCompare.com , Confused.com and MoneySupermarket.com to help reduce their outgoings, but a report by Which? suggests that consumers can find better deals by contacting an […]
The Commerce Department has today reported consumer spending in the US was flat in May. This was the first month since September 2009 that there was no growth, surprising analysts who had expected a 0.1% rise. Consumer spending is closely monitored as it accounts for approximately 70% of total economic output. However, many analysts said […]
Chancellor George Osborne has delivered his Budget speech today, what he has described as a “Budget for growth”. Firstly, Mr Osborne unveiled a scheme aimed at helping 10,000 first-time buyers purchase new-build flats and houses. The buyer would have to fund 5% of the cost, while the Government and home builder would both put up […]
The Commerce Department has revealed US retail sales grew for the sixth consecutive month in December. Sales grew by 0.6% on the month – although this was less than the 0.8% expected by analysts. December’s increase was less than in the previous two months, as retailers started their sales early, while parts of the country […]
The Labor Department has revealed US consumer prices rose by 0.3% in August – fuelled by a surge in petrol prices. Petrol prices rose by 3.9% in the month, while food prices rose by 0.2% in August, after falling slightly in July. The figures were slightly higher than expected, according to Uri Landesman of investment […]
The GfK economic research institute has revealed a fall in German consumer sentiment. According to the institute, a survey of around 2,000 individuals revealed a decline in confidence for the first time since September 2008, as a result of rising petrol prices and forecasts for higher unemployment. According to the institute, confidence dipped to 4.0 […]
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