One of the biggest shake-ups in two decades to the way pensions are taxed is coming into effect next month, affecting everyone drawing money for their retirement. From April 6, the limit at which pension savings start incurring a tax charge will be removed. The Finance Bill, which was approved in February, scraps the lifetime […]

The start of the new tax year is approaching fast, and many people will be looking to ensure they’re getting the most from their savings. With the Bank of England’s Base Rate currently at 5.25 percent – the highest it has been since April 2008 – savers are enjoying some of the best returns on […]

Tax year end is fast approaching – take this time to review your finances for the year ahead (Image: ESP Imaging/Getty Images) Financial advisor, Brian Byrnes, says now is the ideal time for an MOT on your money, with just one week to go until the end of the tax year – and a long […]

He had started acting in his Brooklyn high school when an injury had ended his basketball season early and discovered a lifelong passion. In his 2010 memoir, An Actor and a Gentleman, Louis explained “I knew too little to be nervous” for his stage debut. After getting a scholarship to New York University for basketball […]

Liz Truss‘s mini-budget may have inadvertently caused a boom in lipstick sales, an analysis shows. The former prime minister’s spending plan was the most radical in recent British history, with tax cuts funded through borrowing despite warnings about the impact on inflation, which was already pushing double digits ahead of Ms Truss’s premiership. Within days […]

Bank of England’s interest rate decision discussed by expert Finance industry experts are increasingly hopeful that a base interest rate by the Bank of England could come as early as May. The Bank’s governor, Andrew Bailey, and the Monetary Police Committee (MPC) decided to hold the base rate at 5.25 per cent this week. However, […]

Britain’s Gen Z adults are an average of more than £5,000 in debt while one in 10 owe more than double that. This group of young adults, who were born in the mid to late 1990s through to the early 2010s, are putting their finances at risk with their buy now pay later lifestyle, according […]

Britain’s cities and towns where people are most likely to be looking for second jobs just to make ends meet have been identified. Nationally, some 43 percent of adults have at least one side-hustle, according to research by Finder. Now, a study has identified those areas where people are most likely to do a Google […]

Paresh Raja, CEO of the specialist lender Market Financial Solutions, said: “Anyone looking for mortgages or to remortgage must remain diligent in assessing all the options available to them. “Comparing different lenders and products is important, while brokers will undoubtedly continue to play a valuable role in helping people assessing the best options for their […]

British customers with smart meters are at greater risk of paying higher energy bills at the busiest times of day compared to other customers under new Ofgem plans. According to reports, the regulator is considering the introduction of a new energy price cap to try and meet the demands of net zero. They said that the […]