Press Releases
House prices crisis means most parents expect they’ll have to help children buy home | Personal Finance | Finance

More than half of homeowners with adult children expect to help them get on the property ladder, new research has found. Just under 60 percent of homeowning parents worry about their children’s chances of owning in the future and 54 percent expect to help with purchasing one, according to new research from the Homeowners Alliance […]

Updated: Apr 20, 2024
Financial warning to parents as teachers say just 1% of pupils understand money | Personal Finance | Finance

Just one percent of primary teachers think pupils have ‘adequate’ financial literacy. The findings suggest that Britain is raising a generation that is not equipped to handle basic tasks, such as running a bank account or coping with cost of living pressures. New research suggests that a decision to add financial education to the curriculums […]

Updated: Apr 20, 2024
Inflation warning as pensioners still suffer rising prices despite recent drop | Personal Finance | Finance

Pensioners are continuing to feel the pinch with rising household bills despite the recent continuing drop in inflation. Inflation fell again for the year to March, dropping to 3.4 percent, down from 3.2 percent to February, but older Britons continue to struggle to pay the bills. Pete Mugleston, MD and money expert at www.onlinemoneyadvisor.co.uk, told […]

Updated: Apr 20, 2024
UK banks set to report lower earnings after bumper 2023 | Personal Finance | Finance

The UK’s largest high street banks, including Lloyds, Barclays and NatWest, are expected to report a decrease in profits for the start of the year, following a prosperous 2023 where earnings peaked due to soaring borrowing costs. These banking giants will be revealing their first-quarter financial results on Wednesday, Thursday and Friday respectively. Last year, […]

Updated: Apr 19, 2024
Taxpayers face footing staggering £28bn benefits increase | Personal Finance | Finance

Taxpayers face footing a staggering benefits bill in five years’ time with a £28billion rise in working age health related benefits, a leading think tank has said. The Institute for Fiscal Studies (IFS) published findings on Friday (April 19) after Prime Minister Rishi Sunak revealed major proposals on welfare. It said the number of working […]

Updated: Apr 19, 2024
HMRC issues urgent warning to anyone with a newborn to claim £1,331 a year | Personal Finance | Finance

HMRC has issued a critical alert to eligible families, urging them not to miss out on claiming up to £1,331 a year in Child Benefit, with the possibility of receiving the first payment within just three days. Child Benefit is designed to support parents or guardians responsible for children under 16, or up to 20 […]

Updated: Apr 19, 2024
‘I tracked down £100,000 in lost savings and will be able to retire 10 years earlier’ | Personal Finance | Finance

A woman has astonishingly uncovered nearly £100,000 in forgotten savings, enabling her to consider early retirement a whole decade ahead of schedule. Tara, aged 52, stumbled upon two “lost” pension pots worth a staggering £63,500 and £35,000 respectively, totalling an impressive £98,500. Her remarkable find was shared on Good Morning Britain this week, where she […]

Updated: Apr 19, 2024
Co-op launches new savings account with 7% interest rate and deposits up to £250 | Personal Finance | Finance

The Co-operative is offering current account holders access to a variable rate of seven percent on deposits of up to £250 a month, for 12 months. This puts it in the running for the top regular saver rates alongside First Direct, but the top rates are only for current account holders. Anna Bowles, the founder […]

Updated: Apr 19, 2024
MP forced to delay WASPI compensation bill explains reason why and warns of further delays | Personal Finance | Finance

The MP behind a bill to make ministers set out plans for compensation for the WASPI generation of women has accused Government whips of blocking his bill. Alan Brown was set to present this bill, backed by a cross-party group of MPs, for a second reading in Parliament today (April 19) but decided to postpone […]

Updated: Apr 19, 2024
Explore’s sales soar as demand grows for sustainable adventure travel | City & Business | Finance

Sales are soaring this year for global adventure company Explore, with record demand driven by travellers choosing holidays in Vietnam, Sri Lanka and Japan. A search for safer havens amid volatility elsewhere in the world is thought to be a key reason for the trend. The UK company says it has already exceeded its 2023 […]

Updated: Apr 19, 2024