Three in four Brits think credit companies should provide more support to their struggling customers
With the government’s announcement of a review into Debt Relief Orders this week, the subject of how to manage debt arrears generates strong opinions among consumers. Indeed, according to new research from Mintel, the majority of Brits (75%) believe that credit providers should provide more assistance for customers who are…
As increasing numbers of Brazilian brands seek to capitalise on the emerging wealth of a booming economy, new research from Mintel reveals Brazilian e-commerce has been experiencing striking growth. Indeed, according to a new report on the e-commerce sector in Brazil, the market rose from just R$ 14.8 billion…
Even as total consumer debt in the US decreased 8% from Q1 2009 to Q4 2013, total student debt rose 63% over the same time frame, far outstripping the growth in auto loans, the only other type of debt that increased over that time. According to Mintel’s…
As telematics technology evolves and the focus on being able to reward careful driving intensifies, new research questioning Brits about their driving skills highlights a surprisingly low estimation of the nation’s driving ability. Indeed, when asked if they believe they are better than average drivers – only a third (36%)…
The effect of the Government’s Help to Buy scheme on the UK construction market has been highlighted today as the market opens up to more first time buyers. Indeed, new research from Mintel reveals that the market for private housing is valued at £18 billion in 2013…
Following news earlier this month that five of the UKs leading banks are set to offer users of their mobile banking apps the ability to make payments to friends and retailers, new research from Mintel reveals just how keen today’s consumers are for a cashless society. Indeed, highlighting demand, 18%…
Chicago (January 9, 2014)—As 2014 begins, Mintel’s Consumer Trends Analysts Jennifer Zegler and Stacy Glasgow outline the four trends set to impact the American consumer market, examining the areas of commercial opportunity for brands – and what consumers will be buying into…
With the cold weather upon us once again and energy providers raising their prices on an all too frequent basis, new research from Mintel finds that today a staggering 46% of Brits are worried that they will not be able to afford their energy bills. In research looking at consumers’…
Chicago (October 10, 2013)—The recent recession caused dramatic changes to the banking industry. While those changes created challenging situations for industry players, it created opportunities for others. Because of rapid technological advancements and new industry players, Mintel Comperemedia is tracking “alternative banks” entering the…
Chicago (September 11, 2013)—While US consumers continue to recover from the recession, it seems that for many, economic difficulties have left their legacy. Indeed, new research from Mintel reveals that today, one in four households (25%) feel that the level of debt they are carrying is causing…
Most Brits are financially unprepared to cope with a period of time out of work reports Mintel, as latest research into Income Protection finds that today, two fifths (40%) of people would rely on savings if they had an accident, yet many Brits don’t have…
Chicago (March 11, 2013)-With debit card usage on the rise, new findings from Mintel Comperemedia show that banks are following suit-sending more direct marketing offers to capitalize on the growing market for debit. Despite the October 2011 Durbin Amendment, which caps debit swipe fees and profitability for banks-Comperemedia reports that…