Interest rates cut could be on the cards as BoE ‘takes note’ of key development | Personal Finance | Finance
The Bank of England may be persuaded to drop interest rates could drop this summer as the unemployment rate has risen. The unemployment rate was at 4.2 percent in the latest figures, with total unemployment rising by 85,000 in the December to February quarter, increasing to 1.44 million. Rob Wood, chief UK economist at Pantheon Macroeconomics, said More...
Wage growth outstripping inflation at strongest rate in years in boost to UK economy | Personal Finance | Finance
Rishi Sunak insists UK economy ‘on the right track’ Wages are rising faster than the cost of living at the strongest level for nearly two and half years. The new figures, which come from the Office for More...
Criminals using AI and deepfake technology to steal consumer details | Personal Finance | Finance
Criminals are escalating their use of social engineering and artificial intelligence (AI) to steal consumer details, according to fraud prevention body Cifas. The organisation has noted a rise in AI-enabled More...
Martin Lewis explains inheritance tax rules and when you have to pay | Personal Finance | Finance
Inheritance tax has been a hot topic of debate recently, with numerous voices clamouring for its abolition, yet no changes have been implemented so far. The complexities surrounding the tax can leave many scratching More...
Two-thirds of Brits who set financial goals for this year have already abandoned them | Personal Finance | Finance
Financial goals set at the start of the year have already fallen by the wayside – as motivation wanes to see them through, research has found. A poll of 2,000 adults found that over half (56 percent) set themselves More...
DWP warning as thousands of pensioners miss out on free BBC TV licence worth £169 | Personal Finance | Finance
People of state pension age have been urged to check if they can get a free TV licence which usually costs £169.50 a year. Thousands of people are thought to be needlessly paying for their TV licence, when More...
WASPI woman who worked for DWP for 36 years issues damning verdict | Personal Finance | Finance
A WASPI pensioner who worked for the DWP for 36 years has said the department has made a “monumental mess” of the situation. She said it was a huge shock when she found out she would not get her More...
Women are six times more likely to put their money into savings – than to invest it | Personal Finance | Finance
One in five women believe investing is only for men, research has revealed. A poll, of 2,000 adults, found 74 percent of females are more inclined to save their money, rather than attempt an investment (12 percent). But More...
Full list of State Pension changes in April including pay rise | Personal Finance | Finance
Pensioners are encouraged to read up on four key changes coming into effect from this month. Millions of older Britons will benefit in April as their payments increase. Meanwhile there are other policy changes More...
WASPI chief issues major update in next step to get DWP compensation | Personal Finance | Finance
WASPI campaigners are pressing on in their efforts to get MPs to grant them compensation. A recent report from the Parliamentary and Health Service Ombudsman recommended payouts of between £1,000 and £2,950, More...
