For the millions finding themselves frequently falling into their overdraft, Money Saving Expert has shared a tip to get paid to switch to an interest-free account. To cover Christmas spending, research from pensions and investment company Royal London found one in five (19 percent) used a credit card, seven percent of people said they’d used […]
The recent spate of mortgage rate reductions is expected to continue into the new year as new figures show swap rates remain on a downward trend. The research by specialist property lending experts, Octane Capital, found average swap rates have fallen for five consecutive months, which could “bring hope” to borrowers that more “affordable” mortgage […]
Here is a breakdown of the latest changes to mortgage rates by Virgin Money as of December 14, 2023: Remortgage Exclusives with 1% Fee 60% LTV 2 Year Fixed Rate with 1% fee will be reduced by 0.20%, at 4.59%. 70% LTV 2 Year Fixed Rate with 1% fee will be reduced by 0.20%, at […]
Have a dog walker? Buy your coffee from a pop-up? Take this quiz to find out how much of a microbusiness supporter you are. The series of questions will probe to see how frequently you pay for services from employers of under 10 people – and see if you could be doing more to help […]
The triple lock was introduced by the coalition government in 2011, to help reduce pensioner poverty. It does this by increasing the state pension each year either by income, earnings or 2.5 percent, whichever is highest. The mechanism has done a remarkable job but there is still a long way to go, as the state […]
From a flat-packed James Bond car and 20-metre volcano to transforming game world environments by turning digital into reality for fans, the UK company is both a designer and fabricator, providing concept-to-completion rental solutions with bespoke props, furniture and foliage. “We always say ‘yes’ and deliver beyond expectations – collaborative problem-solving is our ethos,” declare […]
Poundland has hired 962 former Wilko employees as it continues to reopen stores snapped up from the collapsed high street rival. It comes after Poundland agreed to buy up to 71 Wilko shops in September after Wilko entered administration in the face of mounting debts and weak customer demand. Poundland said it has now converted 64 […]
A recession looks “as likely as a coin toss” with the “worst yet to come” after Britain’s economy shrank in October, a leading business author has said. Gross domestic product (GDP) fell 0.3 percent during the month, down from 0.2 percent growth in September, according to figures released by the Office for National Statistics (ONS) […]
“And so debt-to-GDP ratios will continue to climb. More crucially, a weaker GDP deflator negatively affects the trends in corporate revenues and profits. “If deflation continues to eat into these, companies will cut wage growth, creating a vicious ‘loop’ of even weaker aggregate demand and deflationary pressures.” China has been contending with slack demand, excess […]
People have been urged to look out for scams over Christmas as fraudsters target vulnerable Britons to try and con them into handing over their details. BT group and AbilityNet have joined forces to warn people about the common tactics scammers use to dupe people into sending them information. Lucy Walsh, digital skills trainer at […]
