Press Releases
Brits should stay extra vigilant against scams during the festive season, bank warns | Personal Finance | Finance

Brits need to be extra vigilant for festive fraudsters – as “purchase scams” peak at the back end of the year, a bank has warned. Data from NatWest shows that, in the last four months of 2022, such cons – where scammers sell non-existent products at discounted prices, to attract buyers – rose by 41 […]

Updated: Nov 28, 2023
Savings hack could slash energy bills by £800 a year despite price cap rise | Personal Finance | Finance

Households could make big savings of up to £800 on their energy bills this year by carrying out one simple task. New research by Cut My details how cleaning everyday appliances could significantly reduce gas and electricity costs. With winter now here, families will be looking for ways to save money on energy bills with […]

Updated: Nov 28, 2023
Save money on bills with ‘an important boiler upgrade’ recommended by a heating expert | Personal Finance | Finance

An expert lifted the lid on an important home upgrade any homeowner should consider doing if they want to save “hundreds” in heating bills ever year. Catherine Storer, Executive Director at Essential Site Skills (ESS), said investing in a new boiler now can be worthwhile as it would help you save in the long run. She […]

Updated: Nov 27, 2023
New state pension blow as triple lock hike cut to just 6.8% in Hunt stealth raid | Personal Finance | Finance

It’s well known that the Treasury gives with one hand and takes away with the other, but Hunt has turned that process into an art form. Last week, he cut two percent off the National Insurance (NI) rate yet this only returns a fraction of the extra tax workers pay thanks to the freeze on […]

Updated: Nov 27, 2023
Changes to your pensions – exact dates and how Autumn Statement affects your pot | Personal Finance | Finance

The Government is pressing on with major changes to pensions policy that will open up more investments and could increase payouts by over £1,000 a year. The proposed changes will affect defined contribution (DC), defined benefit (DB) and collective defined contribution (CDC) schemes, with hopes pension funds will be invested more in growing sectors. Chancellor […]

Updated: Nov 27, 2023
Bank of England faces calls for overhaul in oversight and parliamentary review | City & Business | Finance

The Lords Economic Affairs Committee also said a “democratic deficit” had opened up as the Bank had not been adequately scrutinised. But its report concluded that the Bank’s independence from the Government, which was put in place a quarter of a century ago, has worked well and strengthened economic confidence in the UK. The wide-ranging […]

Updated: Nov 27, 2023
First time buyers are ‘losing confidence’ they will meet their goals, new study shows | Personal Finance | Finance

A biannual study, of 1,000 aspiring homeowners in the UK, found that while 35 per cent feel optimistic about becoming a homeowner, this has fallen from 42 per cent a year ago. Almost six in 10 (58 per cent) say they have pushed back their home-buying goals, and now plan to buy later than previously […]

Updated: Nov 27, 2023
Over half of Brits save money all year to cover Christmas costs, study finds | Personal Finance | Finance

More than half of adults save money all year specifically to cover Christmas costs, with many starting to put cash aside – as early as January, a study has found. The survey, of 2,000 adults who celebrate the festive season, found 71 percent of these savers reckon it would be tough to afford the festivities […]

Updated: Nov 26, 2023
Hodge Bank increases interest rate on savings account and earns ‘excellent’ rating | Personal Finance | Finance

Hodge Bank has increased the interest rate on its three-year fixed savings account to 5.39 percent, earning a Moneyfactscompare “excellent” rating. With interest rates fluctuating, fixed savers can offer some certainty to saving as these accounts enable customers to lock in the rate at the time of opening. Commenting on the deal, Caitlyn Eastell, a […]

Updated: Nov 26, 2023
Irish artist ‘Sharkey’ makes £4million in one year selling paintings around world | Personal Finance | Finance

Irish artist ‘Sharkey’ makes £4million in one year selling paintings around world (Image: Gareth Chaney) A once-homeless artist from Dublin is now making £4million a year selling abstract paintings around the world. Kevin Sharkey, 62, who started painting at age 12 “in secret”, has since become a firm favourite among celebrities like Kate Moss, to […]

Updated: Nov 26, 2023