New research has found that, on average, people now manage over 30 accounts across all aspects of their lives, from online banking and shopping, to gym memberships and subscriptions for home entertainment. And almost a third of us are stressed out by trying to keep track of them all.
So, if you haven’t managed to sell your new fiver for a fifty thousand pounds, nor managed to destroy it in some random way, other than spending it, what else can you do with it?
On 13th September the new five pound note comes in to circulation & will start to be seen in banks, shops and wallets. Here’s some interesting details about the new fiver.
To mark the giant leap in cashless payments, MBNA have created a 3-part series of infographics that shows how far we’ve come towards becoming a cashless society and what lies in store for the future of money.
George Osborne is set to announce a new design for the £1 coin, in order to make it more difficult to forge.
Sadly, the BBC haven’t decided to make a TV programme about this blog, but they do have a new money programme starting this week called Money Watch.
Just a quick reminder that after today, the £20 bank notes featuring the picture of composer Sir Edward Elgar cease to be legal tender.
If you’ve got any £20 notes featuring a picture of the English composer Edward Elgar on the back, then you need to spend them before the end of June, when they will cease to be legal tender.
Orange has teamed up with Barclaycard to produce a new contactless credit card which it claims can be used in over 20,000 stores across the UK.
Much has been made of today’s decision to phase out the use of cheques – although only by 2018 and provided there are suitable substitutes in place, so not exactly the final nail in the paper payment’s coffin, but its days are numbered.