Squeeze on home buyers – 10 areas where property prices have soared ahead of wages | Personal Finance | Finance

Soaring house prices over the past 10 years mean the typical property now costs more than eight times the average salary. The disparity means millions of young people have been forced to give up their home-owning dream or take on huge mortgages. Separately, many people have been priced out of owning a home in the areas where they were born and raised. A More...

by admin | Published 1 year ago
By admin On Saturday, April 13th, 2024
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‘Deficient’ BoE boss Andrew Bailey pledges to learn from his mistakes. Fat chance | Personal Finance | Finance

Instead, Bailey he vowed to “learn” from brutal criticisms of the BoE’s performance outlined in an investigation led by former Federal Reserve chairman Ben Bernanke. I don’t believe it for More...

By admin On Saturday, April 13th, 2024
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These UK areas have biggest disparity between home owners and struggling renters | Personal Finance | Finance

A top ten of the hot spots where runaway rents have pushed household budgets into the red has been revealed. Young renters in particular have faced a much bigger squeeze than home buyers, according to a new More...

By admin On Saturday, April 13th, 2024
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The age group most vulnerable to scammers – who also believe they can spot them | Personal Finance | Finance

Young people are the most confident they could spot a scam – despite being scammed more than any other age group, new research has found. Adults aged 18-34 are the most likely to be fooled by online scammers, More...

By admin On Saturday, April 13th, 2024
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New State Pensions update after calls to stop ‘poverty tax’ | Personal Finance | Finance

An online petition urging the government to abolish tax on State Pensions and benefits has gathered momentum with more than 10,270 signatures. The call argues that such taxation is “punishing pensioners More...

By admin On Saturday, April 13th, 2024
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Fake gladiators and rip-off taxi drivers targeting tourists – a guide to holiday scams | Personal Finance | Finance

Scammers circulating tourism hot spots, from fake gladiators on the steps of the Colosseum to rip off airport taxis, are picking the pockets of holidaymakers. Britons visitors to popular summer destinations More...

By admin On Saturday, April 13th, 2024
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‘I’m an accountant – here’s why I’m worried about my state pensioner parents’ | Personal Finance | Finance

An accountant has spoken of his concern that his state pensioner parents are struggling to balance the books as bills increase. The state pension has increased 8.5 percent this month but many household bills More...

By admin On Saturday, April 13th, 2024
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State pension increase ‘falls short’ of rising costs – how to best use the extra cash | Personal Finance | Finance

The 8.5 percent rise in the state pension will fall short of covering the rising costs pensioners face, an expert has warned. Rudy Khaitan, managing partner of Senior Capital, told Express.co.uk the Government More...

By admin On Friday, April 12th, 2024
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‘DWP took me to court for 30p error – it cost me my home and £20,000’ | Personal Finance | Finance

A father says he has been forced to sell his home and pay back nearly £20,000 in benefit overpayments after mistakenly ticking the wrong box on a Carer’s Allowance form. George Henderson, 64, told the Guardian More...

By admin On Friday, April 12th, 2024
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Shocking graph reveals how much olive oil prices have surged across Europe | Personal Finance | Finance

The full scale of the increase in the cost of olive oil has been revealed in this shocking new graph. The latest rate of inflation on olive oil is put at 50.4 percent in the year to February, according to experts More...

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