A survey has found that one in three people, or 33 percent, feel their current financial situation is negatively affecting their mental wellbeing. The research for HSBC UK also revealed that 31 percent said their finances are negatively impacting their emotional wellbeing. This information was released during Debt Awareness Week, which runs from March 18-24. […]
Nationwide Building Society has said sorry to its customers following a delay to payments going in and out of accounts on Friday morning. The building society explained that there was a problem affecting the Faster Payments system for transfers to other banks and societies. “The issue has now been fixed and queued payments are being […]
Britons urged to ‘take action now’ as 400,000 in danger of falling into tax trap (Image: GETTY) Nearly 400,000 people are at risk of falling into the ’60 percent tax trap’, but they could prevent losing thousands by taking action now, an investment expert has said. For those who earn between £100,000 and £125,140 in […]
New data reveals a notable decrease in pensioners’ average income over the past two years, with a drop of £1,500. The Family Resources Survey for 2022-23 shows that pensioner couples had an average weekly income (after housing costs) of £561, and £387 for all pensioners in the same period. This reflects a decline from the […]
A data scientist retired at the age of 36, but how did he save up enough money to leave the industry? Yaron Goldstein, 36, has an impressive CV having worked at major international brands including Google and Meta, as well as Boston Consulting Group. Early on in his career Mr Goldstein took the advice of […]
A WASPI campaigner has spoken of her disappointment that women affected by the issue could get payouts of just under £3,000. A new report by the Parliamentary and Health Service Ombudsman looking into the WASPI (Women against state pension inequality) complaint has recommended individuals get payouts of between £1,000 and £2,950. The recommendations are not […]
Some students owe massive amounts of student debt with some in a position where they need to pay back over £100,000. The data reveals that one student owes over £231,000 because of a build-up of interest and studying multiple courses. The new figures have highlighted the growing cost of higher education in the UK which leaves […]
Nationwide Building Society’s banking app is reportedly experiencing an outage in certain services, leaving customers furious and branding it a ‘disgrace’. Customers began reporting the outage around 2am this morning, with no resolution reported thus far. App users have been left scratching their heads questioning “What is going on?” Writing on the platform Down Detector, […]
Martin Lewis has urged families to stock up on stamps before prices increase next month. He told listeners to his BBC podcast: “They’re going to get more expensive quite soon. If you buy your stamps now, while they’re still cheaper, and they say first and second on them, they will last in perpetuity. “So if […]
The Government is on track to bring in a record earning from inheritance tax this year after the Spring Budget left the tax untouched. According to data from HM Revenue & Customs (HMRC) inheritance tax receipts reached £6.8 billion in the months from April 2023 to February 2024. This is an increase of £400 million […]
