Household bills are set to drop by on average £350 this year with the drop in costs largely thanks to the falling price of energy. Calculations by Compare the Market found average bills are to drop to £5,435 this year as of April, down from £5,785 in 2023, with costs still almost £400 more than […]
Have you got what it takes? Take this quiz to see how you’d fare starting your own business. The fun, interactive challenge has been created to give people a chance to see how well they’d do if they were to go it alone. It was created after research revealed the top side hustles for 2024 […]
Tax changes to take place in days that workers, savers and investors need to be aware of (Image: Getty) On April 6, a raft of new tax rates and rules come into force that will between them, affect most earners, savers and investors. Even though the Spring Budget was fairly light on headline tax changes, […]
Parents looking to give children a good start in life need to think beyond topping up their piggy bank, say investment experts. Making contributions to a Junior ISA is a good place to start, however it is important to look beyond simply leaving the money in cash and hoping for a good rate of return. […]
The state pension is under siege as a growing army of critics in Westminster and beyond say we can no longer afford it. They argue that Britain is broke and the state cannot afford to look after people in a retirement that can last for 25 years or more. They argue that as the nation […]
HMRC has explained how the rules around ISA allowances work after a person asked how the system works. A saver got in touch with the Government department over X to ask about depositing funds into several ISAs. They queried: “Can I pay into a stocks and shares ISA and stocks and shares LISA at the […]
Motor insurers are paying their policyholders less than what their stolen or written off vehicles are actually worth when they make claims, according to the Financial Conduct Authority. It added that in some cases, insurers only increase the amounts offered to “fair market prices” when customers complain. The FCA said that it had found evidence […]
The Department for Work and Pensions (DWP) has released a major update on its pension dashboard plan, including when it should be finished. The pension dashboards will let people see all their pension details, like workplace, private and state pension, for free, online in one place. The dashboard will also help Brits find lost or […]
Builder’s merchant Travis Perkins is on the hunt for a new chief executive as incumbent Nick Roberts wants to step down after five years in the role. Chairman Jasmine Whitbread said that Roberts’ successor will be tasked with improving its performance. Earlier this month, Travis Perkins reported that its 2023 pre-tax profits had crashed 71.4 […]
Smart money app Plum has increased the interest rate on its market-leading Cash ISA to 5.17 percent to “reward” savers and protect their savings from tax. Cash ISAs have become increasingly popular over the past years with higher interest rates dragging more people into tax thresholds. These accounts allow people to save up to £20,000 a […]