Press Releases
‘I’m a funeral director – we’re seeing a huge spike in families who can’t pay for burials’ | Personal Finance | Finance

A London funeral director has spoken about a worrying trend in families struggling to afford funerals for their loved ones. Paul and Sharon McLean, who run Integrity Funeral Care, based in Hackney, say many families are delaying organising ceremonies for their loved ones as they search for the funds. The couple said they have seen […]

Updated: Jan 28, 2024
Dad couldn’t afford £2,000 a month care fees so was forced to rely on daughter | Personal Finance | Finance

He had to rely on Carole when the care home costs increased (Image: Getty) James Yelland was forced to rely on his daughter Carole to help him pay his care home fees as the monthly income from his private pensions was not enough. Mr Yelland was diagnosed with Alzheimer’s and was in nursing care for […]

Updated: Jan 28, 2024
Inheritance tax warning as average bill to hit £239,000 this year – how to reduce bill | Personal Finance | Finance

The Treasury raked in £5.7 billion in inheritance tax receipts in the nine months from April to December 2023. This is £400 million more than in the same period a year earlier, continuing the upward trend. One in every 25 estates pay inheritance tax, although the proportion of families affected is higher and continues to […]

Updated: Jan 28, 2024
Everything you need to know about making money as a mystery shopper | Personal Finance | Finance

One thing that people always ask us about at MoneyMagpie is Mystery Shopping. It almost sounds too good to be true, yet is surprisingly easy. All industry sectors employ mystery shoppers – retail, automotive, financial services, hospitality, property, call centres, public services, travel, and even the voluntary sector – so there’s a huge range of work available.  Quite […]

Updated: Jan 28, 2024
British Gas offers up to £2,000 support with energy bills – check how you can apply | Personal Finance | Finance

Britons who are struggling with high energy bills may be able to claim a grant worth up to £2,000 from British Gas. According to the energy provider, over 21,000 grants have been distributed since 2021 through its independent charity, the British Gas Energy Trust. Previously, grants worth up to £1,500 were available, but the amount […]

Updated: Jan 28, 2024
China’s £190bn real estate meltdown spells ‘horror story’ for UK investors, warns insider | City & Business | Finance

British investors could unwittingly be sucked into China’s real estate crisis, a UK-based expert has warned. Bob Lyddon was speaking after creditors of Country Garden Holdings Co, one of China’s biggest developers, appointed financial advisers to pave the way for debt talks over liabilities totalling £190billion. Country Garden, whose chairwoman Yang Huiyan is one of […]

Updated: Jan 27, 2024
Pension warning as retirements delayed ‘indefinitely’ in favour of ’19th-century norm’ | Personal Finance | Finance

Brits are likely to find themselves working well past the current retirement age, experts said (Image: Getty) A fall in final salary pensions, stretched state spending and longer life expectancy is predicted to completely transform retirement as we know it. The “retirement cliff edge” is already a thing of the past, experts say, meaning that […]

Updated: Jan 27, 2024
‘Good news’ for mortgage holders as rates are set to continue to drop | Personal Finance | Finance

Mortgage borrowers will be relieved to know their rates are likely to continue to drop despite some lenders recently moving up their rates. A rise in inflation month-on-month for the year to December caused some lenders to increase their rates, with Santander upping rates by 0.2 percentage points. But the downward trend is likely to […]

Updated: Jan 27, 2024
The four different types of ISA: Expert explains benefits of tax efficient saving pots | Personal Finance | Finance

The four different types of ISA: Expert explains benefits of tax efficient saving pots (Image: Getty) With just over two months of the financial year left, Britons are being warned to “use or lose” their ISA allowance to reap the tax benefits. This comes as more than four million accounts are currently at risk of […]

Updated: Jan 27, 2024
Dragons’ Den pitcher left empty handed – now his business makes £5million in sales a year | Personal Finance | Finance

James never saw a penny of his family’s wealth, but still decided to start his own venture – Love Cocoa (Image: JAMESCADBURY) James Cadbury is the great-great-great grandson of John Cadbury, who invented Cadbury chocolate in 1824 – now worth over £4.6billion.‌ Despite being linked to a billion-dollar chocolate empire, James never saw a penny […]

Updated: Jan 27, 2024