Press Releases
‘I’m a coin expert – here’s five signs your spare change is worth a fortune’ | Personal Finance | Finance

Many of us don’t carry cash anymore because we have moved almost entirely to contactless and card payments. But you might have some coins at home that could be worth lots of money, so it might be worth your while to check your old coins for special signs that indicate their high value. Mat Biernacki, a […]

Updated: Feb 7, 2024
Savers dump cash Isas and pile into stocks and shares – see what they’re buying | Personal Finance | Finance

Just one in six higher earners are taking out tax-free cash Isas this year, while a quarter favour stocks and shares Isas instead, new research from platform InvestEngine shows. Nearly nine in 10 believe investing will offer superior returns to cash over the longer run, and the gap will widen once inflation falls and the […]

Updated: Feb 7, 2024
Virgin Money warns more jobs cuts loom after 150 staff let go – full list of bank closures | Personal Finance | Finance

Virgin Money has announced it will continue to focus on improving its online banking services after closing 39 bank branches. In a bid to save money, the bank will make more job cuts after dropping 150 positions in the first quarter. The lender announced it will provide “greater cost-efficiency through digitisation” in its Q1 2024 financial […]

Updated: Feb 7, 2024
Four in 10 want a more fulfilling career – but worry they have left it too late | City & Business | Finance

Four in 10 employees want a more fulfilling career – but worry they’ve left it too late to make a change, a study has found. Research into 2,000 workers revealed that 43 percent want to switch sectors – with 34 percent dreaming of something more rewarding, and 25 percent longing for a job which is […]

Updated: Feb 7, 2024
‘Amazing’ Martin Lewis tip secures woman £7,000 refund after 20-year problem | Personal Finance | Finance

A woman has shared her success story of how she followed a Martin Lewis tip and secured a £7,000 council tax refund. The woman, called Zoe, wrote in to Mr Lewis’ ITV show, saying: “We have been in our home for 20 years and had always felt we were in the wrong council tax band. […]

Updated: Feb 7, 2024
Just 2 months to beat Hunt’s double capital gains and inheritance tax grab so act fast | Personal Finance | Finance

Taxpayers can fight back and reduce their exposure, but must act quickly. The tax year ends at midnight on April 5, and you may need to do some complicated planning to max out this last gasp tax-saving opportunity. Last year, Hunt slashed the threshold at which we start paying capital gains tax (CGT) from £12,300 […]

Updated: Feb 7, 2024
Comfortable retirement costs rise by thousands – here’s how much you need | Personal Finance | Finance

Rising living costs make a “moderate” retirement harder to reach, as new research shows pensioners will need £8,000 more a year to achieve it. According to a new analysis by the Pensions and Lifetime Savings Association (PLSA), the annual cost of a moderate retirement income for a single person has increased to £31,300 in 2023/24 […]

Updated: Feb 7, 2024
Jeremy Hunt warned ‘cut stamp duty now’ in a bid to tackle housing crisis in Spring Budget | Personal Finance | Finance

The Spring Budget is the final opportunity for the government to lay out its plans before the next general election, which is rumoured to be held in November. Despite admitting to less headroom than previously thought to make tax cuts, Chancellor Jeremy Hunt still has options to make changes to the dreaded Stamp Duty. Homeowners […]

Updated: Feb 7, 2024
NS&I customer anger after making 7 calls to helpline and being ‘cut off’ each time | Personal Finance | Finance

An NS&I customer has voiced their frustration at the group’s phoneline service after they made seven calls but were cut off each time. The saver got in touch with the provider over X to say: “Are you aware that when people are calling today, they are just being cut off? I’ve made seven calls and […]

Updated: Feb 7, 2024
West Brom Building Society relaunches market-leading ISA paying 5.06 percent interest | Personal Finance | Finance

The West Brom Building Society has relaunched its 60-day Notice ISA paying a competitive 5.06 percent interest rate. This tax-free WeBeSave 60-day Notice ISA allows withdrawals – subject to serving a 60-day notice period – and tops the list for accounts in this sector. Sophie Dwyer, product manager at the West Brom, commented: “Notice accounts […]

Updated: Feb 7, 2024