Press Releases
Heineken boosts takings as zero-alcohol beers a resounding success | City & Business | Finance

Demand for zero alcohol beers and higher prices helped boost first quarter revenues at Heineken by 7.2 percent to €8.2billion (£7billion), with volumes also increasing around the world. It said that volumes or the amount of beer it sold increased 4.7 percent, with its Heineken 0.0 producing high teens percentage growth, while its namesake signature […]

Updated: Apr 24, 2024
Higher costs and mortgage competition sends Lloyds Banking Group’s profits tumbling | City & Business | Finance

Lloyds Banking Group’s first quarter pre-tax profits have slumped 28 percent to £1.6billion due to increased competition in the mortgage market and higher costs. Although its revenues for the three months to the end of March increased 22 percent to £11.3billion, its profits were hit by a combination of lower mortgage rates cutting its margins, […]

Updated: Apr 24, 2024
The AA’s profits plunge but breakdown giant’s boss insists progress is being made | City & Business | Finance

The AA’s chief executive Jakob Pfaudler says that its financial health is improving, even though its annual profits before taxes tumbling 41 percent to £42million. Even though the driving school to roadside assistance to insurance group saw its revenues for the 12 months to the end of January rise 11 percent to £1.3billion, its profits […]

Updated: Apr 24, 2024
Pensions expert shares key ‘rule of thumb’ to ensure stronger retirement savings | Personal Finance | Finance

A pensions expert has encouraged pension savers to take action to better manage their retirement funds. Felicia Hjertman, founder and CEO of investment group TILLIT, said it’s important for all people to keep a close eye on their pensions. She told Express.co.uk: “All savers, young and those closer to retirement, should keep track of their […]

Updated: Apr 24, 2024
DWP state pension alert over little-known way to boost pot by £303 – check eligibility | Personal Finance | Finance

Older people providing care during term-time or school holidays for children under the age of 12 may be able to earn an increase in State Pension. The boost is linked to the fact that people providing childcare rather than working could be entitled to claim a National Insurance credit. Most people are aware that mothers […]

Updated: Apr 24, 2024
‘I’m a money expert – these are the food shopping tips you need to know to slash costs’ | Personal Finance | Finance

Britons can slash the cost of their food shop bills by planning effectively and using certain supermarket savings apps, a money expert has said. Financial Times columnist and host of the Money Clinic podcast, Claer Barrett, took to ITV’s This Morning show today to share her top tips, as well as the supermarket savings apps she […]

Updated: Apr 24, 2024
Sophisticated AI money scams pose a threat to unsuspecting Britons – how to spot them | Personal Finance | Finance

The growing dominance of artificial intelligence online is opening doors to new scams, research has found. Deep fakes and ChatGPT phishing are leading to warnings being raised over the sophisticated tactics being used to part UK residents with our cash as Brits have already lost more than £1billion from their bank accounts since the start […]

Updated: Apr 24, 2024
Warning as HMRC targets married pensioner couples in new tax raid – ‘many don’t know’ | Personal Finance | Finance

More than two million married couples and civil partners who claim a tax benefit called the marriage allowance could now find themselves targeted by HMRC. The marriage allowance applies where one partner pays basic rate income tax at 20 percent, while the other earns less than the £12,570 personal allowance and therefore pays no tax. […]

Updated: Apr 24, 2024
Tax warning for pensioners but HMRC insists there’s ‘no need to worry’ | Personal Finance | Finance

Pensioners are worried about being dragged into paying income tax, according to leading charities. The problem is linked to a failure to raise the thresholds at which tax is paid in line with increases in income, including pensions. The net effect is that more pensioners will be paying tax for the first time, while other […]

Updated: Apr 24, 2024
Cost of raising a child has soared by 75% over the last ten years | Personal Finance | Finance

The cost of raising a child has risen by £146,000 since 2013 to a total of £342,000, new research has found. The cost of raising a child, from birth to 18 years old, in the UK, is now over £342,000, a 75 percent increase over the last 10 years, according to new data from smarTrike. The […]

Updated: Apr 24, 2024