Press Releases
Savers urged to ‘chase’ the best interest rates of the week as banks offering 5.71% | Personal Finance | Finance

Easy access savings accounts Account type Product name Interest rate Easy access Beehive Money Limited Issue Easy Access Issue 2 5.15% Easy Access Ulster Bank Loyalty Saver 5.20% (balances above £5,000) Instant access Metro Bank Instant Access Savings 5.22% Notice savings accounts Account type Product name Interest rate 7-day notice savings account Monument Bank 7 […]

Updated: Nov 30, 2023
Sporting mentality can give an edge in the business world, say former sports stars | City & Business | Finance

Sports stars turned small business owners have revealed how a sporting mentality can help give an edge in the business world. Familiar faces from football, rugby, and weightlifting claim the “marginal gains mindset” – a sports psychology term that refers to incremental improvements, that build to significantly boost performance – keeps their companies thriving. Former […]

Updated: Nov 29, 2023
Caviar House expands fine dining in the City with Threadneedles Hotel venture | City & Business | Finance

In a new joint venture luxury seafood and caviar business Caviar House & Prunier has opened a new eaterie in the heart of London’s City with the boutique Threadneedles Hotel, a splendidly restored Victorian former banking hall. The heritage brand, dating back to 1872, provides its own farmed caviar (Prunier) that delivers a sustainable and […]

Updated: Nov 29, 2023
Private schools crisis as grandparents forced to step in to help their families pay fees | Personal Finance | Finance

More parents turn to Bank of Grandma and Grandpa to afford school fees, study shows (Image: Getty) Grandparents across the country are having to increasingly help pay their grandchildren’s school fees as the high cost of living continues to bite, according to new research. The survey from wealth management firm Killik & Co found 18 […]

Updated: Nov 29, 2023
Side hustle: Woman to make extra £2,000 thanks to Christmas tree decorating | Personal Finance | Finance

One woman is sharing how she is expecting to earn an additional £2,000 thanks to her unique Christmas-themed side hustle. Janine Ralph, 30, from Withywood, Bristol decided to take her love of interior design and turn it into a second job over the festive season. On Facebook, the mum-of-two offered her special services as a […]

Updated: Nov 29, 2023
‘No crash, no correction.’ House prices to rise £30k next year as mortgage rates fall | Personal Finance | Finance

While it’s true that house prices have fallen this year, this could hardly be defined as a crash. In stock market terms, if prices fall 10 percent it’s merely a correction. A full-blown crash requires a 20 percent plunge from peak to trough, and we’re nowhere near that. Latest figures from Halifax show that house […]

Updated: Nov 29, 2023
OVO launches new energy scheme to help households save at least £155 on bills | Personal Finance | Finance

With more cold snaps forecast in the coming weeks, OVO is today launching an energy efficiency pilot scheme to support local communities with advice and tools to slash bills this winter. Created in partnership with community business support charity Plunkett Foundation, the scheme has armed 10 shopkeepers in stores from Kent to Cumbria with energy-saving knowledge […]

Updated: Nov 29, 2023
Nottingham City Council declares itself ‘effectively bankrupt’ and blames Liz Truss | Personal Finance | Finance

Nottingham City Council has declared itself bankrupt after a budget overspend for the 2023/2024 year. The Labour group who run the authority said pressures had become “unmanageable” blaming Liz Truss’ time as PM and saying it “crashed our economy”. The main reason for the overspend, Nottingham Labour said, was because of costs for adult and […]

Updated: Nov 29, 2023
Mapped: Cold Weather Payments triggered in 280 postcodes – see if you’re due £25 | Personal Finance | Finance

Cold Weather Payments have been triggered in more than 280 postcodes in the north of England. Temperatures have fallen below zero in many areas of the country which means those on certain benefits will get the £25 payment. The payments are triggered when temperatures fall below zero, or are forecast to be below zero, over […]

Updated: Nov 29, 2023
Mortgage approvals increase by just 4,100 after Bank of England holds 5.25% interest rate | Personal Finance | Finance

The number of mortgages approved for home buyers picked up last month after interest rates were held steady and mortgage increases eased. Bank of England figures showed that 47,400 mortgages were approved for house purchases in October. The monthly Money and Credit report from the Bank highlighted an improvement from the previous month’s eight-month low […]

Updated: Nov 29, 2023