Savers can get an inflation-beating return for the first time in years and savers should grab this opportunity to boost the spending power of their hard-earned deposits. It’s been a long wait. Consumer price inflation stood at 6.7 percent as recently September, far above any best buy savings rate at the time. It then plunged […]

The rise in the National Living Wage to £11.44 from next April will provide a “massive” boost to low earners helping them meet rising living costs, an expert has said. The wage is going up by £1.02, a 9.8 percent increase, with people aged 21 and over to be included in the new wage, rather […]

Britons put aside just three percent of their disposable income into savings with the average household putting £734 a year into savings. Research by City Index comparing several countries found the UK has an average household income of £22,558 but Britons are only investing 3.25 percent of this into their savings, at £734 a year, […]

Chancellor Jeremy Hunt is expected to cut National Insurance for millions of workers in his Autumn Statement on Wednesday. Mr Hunt is also expected to announce business tax cuts as well as measures to boost business investment by £20billion in a year in a vow to “get Britain growing”. This comes as the Institute of Fiscal […]

Jeremy Hunt is expected to fire up the economy with tax cuts to boost British business today. Workers on the national living wage will receive an extra £1,800 a year, the largest annual increase since its introduction. There was also optimism last night that the state pension will increase by the full 8.5 percent expected […]

As Jeremy Hunt prepares for today’s crucial budget, Brexiteer Ben Habib has highlighted what he claims are three crucial problems with the Chancellor’s pledge to cut takes responsibly. And the former Brexit Party MEP believes the Tories cannot be trusted when it comes to wealth creation – stressing: “Taxes should have been cut years ago.” […]

Martin Lewis issued an urgent warning during tonight’s Money Show as hundreds of thousands of Britons could be missing out on substantial sums of their state pension. The Money Saving Expert founder told viewers to check which partner is claiming child benefit to ensure they receive the full state pension amount. Mr Lewis said: “There […]

The National Living Wage will increase by £1.02 an hour from April, the Treasury has announced. Chancellor Jeremy Hunt said: “Next April all full-time workers on the National Living Wage will get a pay rise of over £1,800 a year. That will end low pay in this country, delivering on our manifesto promise. “The National […]

O2 is warning customers of specific actions it will “never” take to help them be more aware of whether they’re being scammed. New research by the provider shows nearly a quarter (23 percent) of Britons have reported falling for a scam, and more than two in five (41 percent) know someone else who has. Among […]

She has always kept an eagle eye on her credit card repayments, but a single, older woman didn’t realise that the date when she made them was just as important – and that almost cost her dear. As cash reserves shrink amid the relentless struggle to cope with cost-of-living pressures, juggling repayment times has become […]