In February, there were about 10 people looking for a place to rent for every home available, says a report from the folks who know about houses, Propertymark. Even though fewer people were looking for homes in February 2024, there weren’t enough homes for everyone who wanted one. This means it’s still really hard to […]
The UK’s most sought-after used cars are around 10 percent cheaper than last year with electric vehicle posting the biggest falls. The net effect is that drivers looking for new wheels could well be saving more than £1,500 on popular models. While there are savings of as much as £9,000 on prestige battery electric models […]
Virgin Atlantic is on course to return to profitability this year, after posting record revenues of £3.1billion for 2023, chief executive Shai Weiss says. He said that the airline, which was founded by Sir Richard Branson and is 49 percent owned by US operator Delta, had benefited from strong demand for premium leisure travel and […]
Every April, savers are given a fresh ISA (Individual Savings Account) allowance that qualifies for tax-free interest. For the new tax year, which starts on April 6, 2024, and ends on April 5, 2025, the limit is £20,000. Money placed in an ISA can be transferred between accounts.These will be savings accounts, where cash deposits […]
British Gas will be extending its offer of half-price electricity every Sunday to bring more energy bill savings to customers this summer. British Gas, a partner of Team GB and ParalympicsGB, announced that it will now run the PeakSave scheme until at least the end of Paris 2024, which falls on September 8. The energy provider’s […]
A woman has vented her frustration at HMRC after she spent three weeks trying to get through on the phoneline only to be slapped with a late submission penalty. She reached out to the tax authority’s customer support over X to ask for help after trying several times to update her details. She said: “We […]
Millions of consumers with bundled mobile phone contracts could receive a “double whammy” on bills this year costing tens of millions of pounds, a network provider has warned. Bundled contracts refer to deals that combine the handset with the cost of the data plan. With customers’ entire monthly bills subject to annual inflationary price hikes this […]
One of this month’s NS&I Premium Bond savers scooped the million-pound jackpot just months after buying the bond. The Mid Scotland and Fife area winner bought the lucky bond, 553BS622775, in September 2023, making them the second jackpot millionaire from the Highlands and Islands. This month marks the 30th anniversary of the £1million Premium Bonds […]
Six in 10 young adults plan to be their own boss by the age of 30 – with thousands already taking steps towards starting their own business, research has found. A poll, of 2,000 adults, found that almost two-thirds of Gen Zs (63 percent), born after 1996, have already tried their hand at a side […]
The income bonds provide a monthly income for savers, with interest paid out each month, while the interest on the growth bonds is paid at the end of the term. Savers can invest from a minimum of £500 up to £1million in the accounts, with all the funds backed by the Treasury in the Government-backed […]
