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Hitting the slopes? GoCompare warns skiers and snowboarders not to rely on an EHIC

With hundreds of thousands of skiers and snowboarders heading to European slopes this winter, GoCompare is urging holidaymakers not to rely on a European Health Insurance Card (EHIC) to give them adequate medical cover. Research from GoCompare travel insurance has found that the benefits provided by an EHIC are overestimated by most British holidaymakers. 6…

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Brexit uncertainty is making people switchy

GoCompare’s annual Switching Report1 reveals a big increase in customers switching with 64% changing providers for at least one of the 10 most common financial products Car and home insurance remain the products most likely to be switched; Energy, credit cards, mobile phones and broadband saw the biggest increases in switching activity; But 24% of…

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The 7 energy “MYTH-UNDERSTANDINGS” stopping households getting a good deal

weflip debunks common energy myths preventing some households from switching provider 81% of Brits want to cut their energy bills in 2019, but only 20% switch each year; 10% don’t think you can switch energy provider if you live in a rental property; 11% of people mistakenly think a smart meter will automatically reduce their…

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Three financial New Year’s resolutions you CAN keep – and save £1,540*

Three easy-to-keep financial resolutions for 2019 from GoCompare and weflip could save you £1,540; Signing-up to automatic energy switching typically saves £300; Slashing credit card interest payments by switching to a 0% balance transfer card could save £880, on average; A clear-out of unnecessary direct debt and standing orders could save £360 a year. GoCompare…

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New research reveals widespread confusion around Government’s new energy price cap

Less than a quarter of people understand how it will affect them Just 5% of households know how much the energy price cap will save them; Only 16% of people think the energy price cap represents a fair price for gas and electricity; Warning that first review of price cap in February could slash headline…

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GoCompare comments on CMA’s proposals to tackle loyalty penalties

Lee Griffin, Founder and President of GoCompare commented:  “The CMA has proposed a wide range of corrective measures which could significantly reduce the impact of loyalty penalties.  Much will depend on how product providers and regulators respond to these proposals, but it is the first meaningful step towards creating a cleaner and fairer market for personal financial services…

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SSE overplaying the cap card as it pulls the plug on merger

Commenting on news that SSE has dropped plans to merge with Npower, Sally Jaques from auto-switching service weflip, said, “While SSE are pointing to the energy price cap as the reason for pulling out of its merger with Npower, the real problem for both these companies could be the fact customers are switching away, in…

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£143m* worth of unwanted gifts to be returned this Christmas

Only 69% of returns are successful; More than 4 million people returned an unwanted Christmas gift last year; The average value of unwanted gifts last year was £35.10; 7% say they had a problem returning a gift that was purchased online. According to new research** released today, an estimated £143m worth of unwanted Christmas presents…

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LOST Christmas: 6.7 million* Brits lose out on gift cards

GoCompare Money urges shoppers to check expiry dates on any gift cards received this Christmas and use them as soon as possible Over a fifth (21%) plan to give gift cards as presents this Christmas; 13% of UK adults have been unable to redeem the value of a gift card; 4% have lost out because…

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£20bn festive bill

UK households will spend an average of £719 celebrating Christmas One in ten will put the whole cost of Christmas on their credit card According to new research released today by GoCompare Money, the average British household expects to spend £719 on Christmas festivities this year.  Collectively, the Nation will splash out £19.5 billion on gifts,…

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