Nearly three in 10 UK adults have reduced their charitable donations amid the cost-of-living crisis. New research, from charity consortium Remember a Charity, found that 29 percent of UK adults were forced to cut back on charity giving as they could no longer afford the cost. Reflecting on economic uncertainty and global events ranging from […]
The Department for Work and Pensions (DWP) is preparing to increase all parts of the Personal Independence Payment (PIP) from April. This comes as the benefit rises in line with September’s inflation rate of 6.7 per cent, meaning many claimants will see a big boost to their money. It also means that now is a […]
Couples who are keen to make their partnerships official are now shelling out an average of more than £20,000 on their weddings, new research shows. Research commissioned by Hitched.co.uk found that the average cost of a wedding has increased to £20,700 in 2023, up from £18,400 in 2022 and £17,300 in 2021. The knock on […]
He says that Bailey has been a disaster, hiking rates base rates to a 16-year high of 5.25 percent, even though the policy has done nothing to drive down consumer prices. Today’s inflation is driven by forces beyond the BoE’s control, such as oil and gas prices, and post-pandemic supply chain breakdowns. Broadcaster and economics […]
Social housing tenants could save as much as £400 a year on their energy bills, as part of upgrades to their homes backed by millions of pounds of Government funding. Claire Coutinho, the secretary of state for energy security has announced today that over £75million from the Social Housing Decarbonisation Fund will be put towards […]
People could save “tens of thousands of pounds” in the long term by making a few checks on their investment ISA, experts have said. According to calculations by investment platform AJ Bell, reducing ISA costs by just 0.25 percent could increase its value by up to £16,800 over 20 years. Charlene Young, pensions and savings […]
This is what Brits think the stereotypical “investor” looks like – wearing a sharp, well-fitted suit, and a Rolex watch. A digital artist used AI to create the image, based on feedback from 2,000 people who were quizzed about investing – with four in 10 saying they believe investing is only for “wealthy people”. And […]
A shocking one in six Brits say they’ve hidden debt from their partner, while a quarter say that they regularly hide purchases, new research shows. Research from ClearScore has found that 17 percent of UK residents have actively hidden debts from their significant other and 25 percent regularly hide their purchases. The survey was conducted […]
Almost half of Brits aged 18-24 are currently in debt, shocking new research reveals. A survey of 2,000 UK adults commissioned by Tesco Bank revealed that 48 percent of 18–24-year-olds are currently in debt, rising to 65 percent of 25–34-year-olds. Young men aged 18-24 are likely to hold more debt than women of the same […]
People could be sitting on thousands of pounds worth of collector’s items without even knowing it, an expert has said. Within forgotten spaces, such as the lofts, sheds, or garages, could be a “repository of hidden wealth”, finance expert and antique dealer, Gary Hemming from ABC Finance, explained. He continued: “Taking the time to explore […]