How much do you have saved? Knowing how your financial situation compares to that of your friends or people in your age group can be hard and stressful, so you’re probably not one to willingly bring up the topic of money or your savings. While it can be easier to just ignore it altogether and […]
1 month ago
Keep more than that and you’ll be losing You shouldn’t let your money sit in your account, according to experts, as it’s like choosing to lose cash. In the UK, 6.4 million current accounts have £10,000 or more in them according to new data, but what all these people probably don’t know is that they’re […]
1 month ago
The Money Saving Expert has spoken out Rachel Reeves’ plan to reduce the amount that savers can put into ISA accounts will neither achieve what she wants nor lead to a positive response from voters, says money saving expert Martin Lewis. ISAs or ‘Individual Savings Accounts’ are a banking scheme that allows individual investors to […]
3 months ago
The investigation shows that billionaires have become ‘ludicrously’ wealthier. According to analysis, the UK’s richest 50 families have more wealth than 50% of the population. The investigation from Equality Trust found that the number of billionaires in the UK has grown sharply, from 15 in 1990 to 165 in 2024. The 50 richest families in […]
7 months ago
It comes after a long-running legal case Millions of consumers are due to get £70 each after a legal ruling against historic fees places on businesses by Mastercard. Former financial ombudsman Walter Merricks brought forward the case, arguing that consumers had been charged higher fees over a 15-year period. Fees had been wrongly levied on […]
9 months ago
It is the first of its kind since the 2008 recession. A new mortgage deal requiring a £0 deposit has launched in the UK today. This type of deposit-free mortgage used to be quite common up until the 2008 recession; however, it has now returned to the UK, backed by a Dutch firm that has […]
9 months ago