A caller to Jeremy Vine‘s Channel 5 show broke down in tears defending claims older people don’t understand the hardship youngsters go through. In a call in on Jeremy Vine on 5, pensioner Lyn, from Bedfordshire, defended the rise amid claims on the show that pensioners don’t know how much younger generations struggle financially. Pensioners […]
A woman is set to reduce her mortgage term by 18 months saving her £7,000 in interest payments thanks to a cashback app. Donna Baker-Lacey, 38, has been using Shop with Sprive for over a year to get cashback on her shopping with Sainsbury’s, Amazon and other big names, which she is using to pay […]
British workers struggling with the rising cost of living are being forced to cut back on their Christmas spending. A survey by employee benefits provider Unum found more than 85 percent of workers are looking to cut back their spending over the festive season. The research found rising bills are affecting people’s mental health with […]
Plans to scrap the pensions lifetime allowance (LTA) will benefit all pension savers, an expert has said. The LTA allows a person to save up to £1,073,100 into their private pensions and not pay tax, with the policy to be scrapped from April 2024. Once the policy has been scrapped, income and lump sums from […]
A grandmother charges her family for Christmas dinner because it is an “important life lesson”. Caroline Duddridge from Cardiff has been asking her children and grandchildren to contribute for seven years and insists it is a good idea even though some have accused her of being a bit of a Scrooge. For Christmas dinner Ms […]
Britons are house-hunting for Christmas again as demand is up by a fifth compared to this time last year, new figures show. The new data suggests home are back on our Christmas lists as the housing market has improved significantly compared to last December. New sales agreed are up 17 per cent and demand has […]
Savers may be losing out on “hundreds of pounds” by not cashing in on the high interest rate deals available right now. New research by Shawbrook Bank found that two in five savers (40 percent) don’t know how much money they’re earning – if any – on their savings. Adam Thrower, head of savings at […]
With more than one million mortgage deals set to expire next year and borrowing costs at a 15-year high, experts warn Britain may be “on the brink” of entering a recession. The Bank of England has kept the Base Rate frozen at 5.25 percent since September, despite a fall in the latest Consumer Price Index […]
Inflation is on the run after falling to 4.6 percent in October, more than half its October 2022 peak of 11.1 percent. Markets anticipate it will fall to four percent when the latest consumer price index figure for November is published on Wednesday. If so, that will be brilliant news. Some now forecast that inflation […]
Leeds Building Society has increased the interest rate on its easy access savings account, earning an “excellent” Moneyfactscompare rating. Now paying a rate of 5.1 percent, the mutual’s Limited Issue Online Access Account (Issue 53) has taken a “prominent” position in its sector. Commenting on the deal, Caitlyn Eastell, a spokesperson at Moneyfactscompare.co.uk, said: “This […]
