HMRC pensioner income tax raid begins – do this now to avoid shock bill and fines | Personal Finance | Finance
In total, around nine million pensioners will pay income tax, roughly three out of four. The numbers have doubled since 2010. The tax bills will come as a shock to many, and could carry a sting in the tail, as there are fines and penalties if you miss deadlines or fail to pay. Former Pensions Minister Ros Altmann has warned that most receiving tax More...
Mortgages explained: Everything you need to know about first-time buying | Personal Finance | Finance
First time buyers have faced a tricky time in recent years, with the double blow of increasing rent making it harder to save a deposit and rising house prices leaving many areas unaffordable. But there are some More...
British Savings Bond explained: Check if you can benefit from new NS&I account | Personal Finance | Finance
A financial expert has spoken about who would be best suited to the new British Savings Bonds. The three-year fixed rate bond has gone on sale through NS&I with a rate of 4.15 percent. Ashley Akin, senior More...
Mum turns £1,000 savings into global £1million luxury business | Personal Finance | Finance
DFG (Image: Helen Chapman) A mum from Hampshire is projected to turn over more than £1million this year from a business she launched with just £1,000. Helen Chapman, 50, is the founder of the award-winning More...
Interest rates explained: What rises and plunges mean for savings and investment | Personal Finance | Finance
It looks like interest rates are set to fall in 2024 – but what does this mean for your savings and investments? While the Bank of England recently voted to keep interest rates at 5.25 percent for now, all More...
Debt anxiety means one in four can’t bear to look at bank balance | Personal Finance | Finance
Almost 11 million are kept awake at night over money concerns and many can’t bear to look at their bank balance, according to new research. At the same time, three out of five – 60 percent – are concerned More...
Most Britons only have enough money in the bank to survive for four months | Personal Finance | Finance
UK residents believe they could only maintain their current lifestyle for four months if they suddenly lost their job, new research reveals. A survey of 2,000 UK adults has found that the average length of time More...
Britons look to America as the best place to invest as they build ISA nest eggs | Personal Finance | Finance
Britons are looking across the Atlantic in the hope of making the most of their ISA investments. The Chancellor, Jeremy Hunt, recently announced a push to encourage the nation to invest in British companies. However, More...
Working from the pub can save money – but only in moderation! | Personal Finance | Finance
Forget working from home or one of the co-working office spaces springing up in towns across the UK – it could be cheaper to work from the pub (WFP). Remote workers could save up to 40 percent by choosing More...
Parents fear for children raised in cold homes as they battle high energy bills | Personal Finance | Finance
Allowing children to be raised in cold homes because of high energy costs is a potential “humanitarian crisis”, say UK academics. Some 72 percent of parents cut back their energy use over the winter More...
