Press Releases
House prices falling at fastest rate in 12 years, official data indicates | Personal Finance | Finance

House prices have fallen at their fastest rate in over 12 years, official figures show. The cost of a home was £6,000 lower on average in November than it was a year earlier. Prices were down 2.1% over the 12 months to November, to an average £285,000, the Office for National Statistics revealed. And there […]

Updated: Jan 18, 2024
Pension pitfalls which could leave thousands of pounds worse off in retiremenet | Personal Finance | Finance

An expert has claimed avoiding (Image: GETTY) With the new year underway, those approaching retirement are warned about potential pitfalls that may limit their growth. An expert has claimed avoiding “pension pitfalls” is key to making the most of one’s retirement planning. There are five key pension pitfalls for Britons to avoid to ensure they […]

Updated: Jan 18, 2024
Pension credit alert: DWP urged to give low income pensioners automatic £3,900 cash boost | Personal Finance | Finance

MPs are calling on the Government to rethink its Pension Credit strategy as the take-up is low. A Scottish Liberal Democrat MP has urged the Department for Work and Pensions (DWP) to consider a new approach in its Pension Credit take-up strategy. Pension Credit is a benefit administered by the DWP for state pensioners on […]

Updated: Jan 18, 2024
‘Superior’ ISA unveiled: ‘Little known secret’ means Britons miss out on tax-free savings | Personal Finance | Finance

Flexible ISAs allow savers to take money out and put it back within the same tax year without it counting towards their annual ISA allowance. If savers continue to choose an ISA provider based top rate available, they could miss out on substantial tax-free interest. ISAs offer savers the ability to grow their money free […]

Updated: Jan 18, 2024
Savers missing out on over £400 boost – thousands urged to ‘take action’ now | Personal Finance | Finance

Savers are missing out on up to £450 because they have stashed their cash in an account earning next to nothing, analysis has revealed. Around £253billion of household savings has been left in zero-interest, easy-access accounts, when savers could be making much more. This is the equivalent to £449 in lost interest on average for […]

Updated: Jan 18, 2024
Inflation warning for savers after economists caught off-guard by unexpected rise | Personal Finance | Finance

Mohsin Rashid, CEO of ZIPZERO, said: “It’s worth noting that inflation was just 0.2 percent away from market predictions, coming in at four percent rather than the expected 3.8 percent. “It was a shock, and undoubtedly a blow to consumers, but forecasts were not wildly far off. And if the past two years have taught […]

Updated: Jan 18, 2024
Premium Bonds customer confused by prize form as they try to collect December winnings | Personal Finance | Finance

A Premium Bonds saver who was trying to pick up a December prize has fallen foul of the paperwork to collect their winnings. The customer contacted the group on X yesterday (January 17) as they had won a prize in the December draw but the funds had still not reached their bank account. They said: […]

Updated: Jan 18, 2024
DWP update on new NI credits scheme to boost state pension for Child Benefit claimants | Personal Finance | Finance

Thousands of parents and carers will be able to plug gaps in their National Insurance record and boost their state pension thanks to a new Government scheme. The Government has issued an update on plans to allow claimants of Child Benefit to claim National Insurance (NI) credits for years where they were on the benefit. […]

Updated: Jan 18, 2024
£10,000 – that’s how much it will cost you to die. Can you afford it? | Personal Finance | Finance

Saving enough to fund our final years is tough and will only get tougher as more of us live to be 100. Then right at the end, there’s another unexpected expense and it’s rising all the time. A basic funeral now costs £4,141 on average, but the total bill is almost £10,000 once professional fees […]

Updated: Jan 18, 2024
Train tickets half as cheap with Trainline compared with station machines | Personal Finance | Finance

Train tickets cost twice as much when bought from ticket machines compared with bookings made with a major online retailer for certain journeys. New analysis shows that passengers are forking out far more than is necessary when paying for their journeys using railway station machines. An investigation by Which? found fares purchased online were cheaper […]

Updated: Jan 18, 2024