Nigerian Times

NEWPORT, Wales, December 21, 2011 /PRNewswire/ -- - Friends miss out as a third of Brits trim their Christmas present list Work friends and old school friends most likely to miss out 5 per cent of brothers are off the list as are 7 per cent of in-laws Brits set to spend average of £528 on Christmas presents One in five will go overdrawn or rely on credit card debt A third of Brits have reduced the number of people they plan to buy presents for this year, crossing off an average three people from their Christmas list. Friends are top of the list of those most likely to be dropped, as hard-pressed consumers look at ways of trimming their festive budgets, while Granddad's and Grandma's presents look the most secure. The new research into Christmas spending plans, commissioned by price comparison website Gocompare.com, found that on average we will spend £528 buying gifts for 10 people. While 70 per cent expect to spend the same amount or more as last year, 30 p...

3 Nov 2011 11:04 Africa/Lagos Big Banks at Risk on "Bank Transfer Day" New data from The Harris Poll shows that Big Banks could learn from credit unions on delivering an exceptional customer experience PR Newswire NEW YORK, Nov. 3, 2011 NEW YORK, Nov. 3, 2011 /PRNewswire/ -- Big Banks may be vulnerable to losing customers to credit unions on November 5th, Bank Transfer Day, where according to social media, tens of thousands have signed up to drop Big Banks in favor of joining a credit union. While credit unions enjoy best in class customer retention rates (87% Extremely/Very Likely to Continue), the nation's largest banks fail to engender the same degrees of loyalty from their customers. For example, only two in five of Bank of America's customers are extremely or very likely to continue (40%), as are less than half of JP Morgan Chase's customers (46%) and just over half of Wells Fargo/Wachovia's customers (54%). (Logo: http://photos.prnewswire.com/prnh/201005...