Fixed mortgage rates have hit the lowest levels seen in six months, new data shows. According to Moneyfactscompare.co.uk, the overall average two and five-year fixed rates dropped between the start of November and the start of December, reaching 6.04 percent and 5.65 percent, respectively. These rates represent the lowest recorded since June 2023. The average […]

Tens of thousands of people will soon receive the £55 Winter Heating Payment to help towards their energy bills. Some 400,000 people will get the payment from the middle of December with most individuals to get the funds by the end of January 2024. The payment of £55.05 will be made automatically and is designed […]

Millions of Britons have been receiving their £10 Christmas bonus but some may be yet to receive the payment. The money usually goes out automatically to those who are eligible and is paid during the first week of December. The Government advises that if a person has not received the funds by January 1 they […]

Cottages sat on a hillside overlooking beautiful countryside views are set to hit the market this week for as little as 50p – but they will require a lot of work. One of the derelict properties will be auctioned off on Tuesday with a set price, and if you add another 50p you can get […]

The UK’s tax level across the economy has increased to its highest rate on record, according to new data from the OECD. It came as separate figures showed the UK also now faces the highest level of property taxes across the developed world. The OECD’s (Organisation for Economic Co-operation and Development) annual revenues statistics update […]

Thousands of households are increasingly concerned about energy bill debt amid the “worst cost of living crisis in living memory”, according to new research. Analysis of polling from YouGov by Citizens Advice Scotland found that 22 percent are worried about gas and electricity costs, particularly when it comes to falling into debt. This is the […]

One woman revealed how she has been able to earn an extra $80,000 annually but not from her full-time job. Genna Tatu, 26, works as a financial consultant in Meridian, Mississippi but also has an online Etsy business as a side hustle. She sells crochet soft toys and plushies on the website after taking on […]

Reality TV producers have their eye on Congress’s most talked-about villain, George Santos. Santos, who represented Long Island in the US House until just this month, could command as much as $2 million if he joined the reality circuit on shows like The Masked Singer and Celebrity Big Brother. “I would imagine he will sit […]

Santander is offering customers a savings account with a competitive interest rate of seven percent but it is not the only high-interest product from the bank. As it stands, the financial institution’s Santander Edge Saver provides a monthly interest of seven percent AER / 6.78 percent gross (variable) interest on balances up to £4,000. Over […]

While living costs remain high and families grapple with children’s Christmas lists, securing a gift that keeps on giving could be more meaningful this year. Junior ISAs provide an opportunity for parents and legal guardians to give children a head start by investing up to £9,000 a year on their behalf in a tax-efficient way. […]