The rise in reliance on familial financial support in the UK housing market has hit record levels, with new research revealing that the so-called 'Bank of Family' is anticipated to facilitate over 318,000 property transactions with support worth around £8.1 billion in 2023.
Cebr
Parents saving for their children’s future in cash could need to put away thousands of pounds extra for big-ticket items compared to investing through a typical stocks and shares Junior ISA (JISA), a new study by Scottish Friendly and the Centre for Economics and Business Research (Cebr) has f
Edinburgh and Glasgow are set to see their local economies be amongst the fastest growing as the UK emerges from recession in the second half of 2023, according to a new study by law firm Irwin Mitchell.
Real savings’ returns have plummeted to their lowest level since February 1976 due to the effects of rising inflation, new figures reveal. The study by Scottish Friendly and the Centre for Economics and Business Research (CEBR) reveals the real annual return on savings fell to -9.0% in July &n
A study has revealed that millions of adults have no savings to fall back on as they have already been used up to pay for essential items rising in price. The study by Scottish Friendly and the Centre for Economics and Business Research (CEBR) found that one in six (16%) adults have used all their s
Household saving is expected to fall by 71% year-on-year to an average of £26 a week in the second quarter of 2022, as inflationary pressures drastically reduce families’ ability to save. A new study by Scottish Friendly and the Centre for Economics and Business Research (Cebr) estimates
Consumers are currently facing a £371 billion savings shortfall when it comes to feeling able to withstand a financial shock, according to Yorkshire Building Society’s The Nation’s Nest Egg report.
A release of lockdown savings built up by households over the past 12 months is set to lead to an increase of more than £50bn in consumer spending this year, according to new analysis by Scottish Friendly and the Centre for Economics and Business Research (Cebr).
UK consumers are set to put away a total of £164 billion worth of savings and investments this year in a sign that coronavirus has permanently changed the nation’s savings habits.
The Scotch Whisky Association (SWA) has called for a cut to excise duty in its submission for the March Budget later this year. The SWA has said that cutting tax on Scotch Whisky and other spirits in the Budget could give Chancellor Rishi Sunak an extra £750 million to spend over the next thre
British savers have accrued a staggering £119 billion in ISAs in the past 21 years that has been directed towards buying a home, new research from Scottish Friendly has revealed.
The coronavirus crisis is causing household savings to rise at a rapid pace. If the reductions in spending persist for the entirety of the second quarter, Cebr expects that excess household savings of around £23 billion to accumulate.
A YouGov and Centre for Economics and Business Research (CEBR) poll has indicated that consumer confidence has hit a five-year low due to fears of a recession by the end of the year.
Michael Watson Moves by Chancellor George Osborne to encourage Chinese involvement in the HS2 high speed rail project could pave the way for foreign investment into key Scottish infrastructure projects, according to an infrastructure and projects lawyer.