Savers thinking of opening an ISA may need to move fast as rates are dropping but some providers are still offering five percent or more. Market analysis from moneyfactscompare.co.uk released today indicate the top-paying easy access ISA is with Metro Bank, offering 5.11 percent. The best fixed rate is with Virgin Money’s One Year Fixed […]

Barclays has said it cut around 5,000 jobs globally during 2023 to “simplify and reshape the business”. The bank said the roles were “removed” as part of its “ongoing efficiency programme”. It is unclear how many of the 5,000 were UK-based. Those affected by job losses reportedly worked in the bank’s support and chief operating […]

NatWest has announced increased support for agricultural customers in response to the severe flooding across England and Wales. NatWest’s agricultural team are offering individual financial solutions to any customers impacted, with support available for those hit by adverse weather conditions both in the “short, medium and long term”. Ian Burrow, head of agriculture at NatWest […]

Two major mortgage lenders have announced substantial reductions in mortgage rates. Barclays and Santander are the latest institutions to decrease their rates, following the lead of HSBC and Halifax last week. As of Wednesday, Barclays has revealed it is implementing rate cuts of up to 0.5%, introducing a two-year fixed mortgage at 4.17 percent for […]

Working out when one can retireis largely determined by two factors: how much they have saved and what kind of lifestyle they want. The earlier one retires, the more they will need to save to maintain a good standard of living. Analysis for Wealth & Personal Finance by wealth manager Quilter finds that people need […]

Following the cut to National Insurnance, Chancellor Jeremy Hunt has said he is unsure if the Government can afford further tax cuts. Mr Hunt said he wanted to further ease the tax burden, which is expected to rise to the highest level since the Second World War before the end of this decade, but he […]

Pensioners are being urged to check if they can claim benefits as eight in 10 pensioner households are missing out on payments, worth on average £1,200 a year. A report from Just Group found households are missing out on £1,231 a year in extra income through not claim the benefits they are due. One couple […]

State pensioners can plan ahead for when their payments increase in April as the exact date for the 8.5 percent pay rise has been confirmed. Chancellor Jeremy Hunt has confirmed the pay increase will come into effect from Monday, April 8. Pensioners may want to note some other important financial dates around this time. The […]

A pensioner has finally won her 14-month energy bill battle after the 70-year-old woman was charged twice. Susan Lansley (name changed) thinks E.on mistakenly charged her for the energy used by the previous occupant of her flat, as well as for her own usage. She saw her bills rise to almost £500 and was sure […]

Atom and Paragon Bank have joined wider lenders in reducing mortgage rates this week to offer customers more competitive deals. Atom bank, the UK’s first app-based bank, has reduced its mortgage rates by up to 0.3 percent, plus all Near-Prime rates by 0.2 percent. Paragon Bank has reduced rates on five-year fixed-rate buy-to-let mortgages by […]