Press Releases
Shop price inflation falls to lowest level since May 2022 thanks to falling tea costs | Personal Finance | Finance

The cost of shopping has fallen to its lowest rate since May 2022, thanks to big discounts offered by retailers. The British Retail Consortium (BRC)-NielsenIQ Shop Price Index shows that shop prices in January were only 2.9 percent higher than a year ago, down from 4.3 percent in December. Non-food items saw the biggest drop […]

Updated: Feb 27, 2024
More than half of people have financial regrets – including marrying wrong | Personal Finance | Finance

A survey has found that over half (51 percent) of people have financial regrets, with some even wishing they had married someone wealthier. Among those who expressed financial regrets, 46 percent wished they had regularly put money into a savings account, 43 percent regretted spending money on unnecessary things, 34 percentwished they had learned about […]

Updated: Feb 26, 2024
British catering equipment firm Nisbets sold to Bunzl in £339m deal | Personal Finance | Finance

The Nisbet family, owners of catering equipment company Nisbets, have agreed to sell the firm to distribution and outsourcing group Bunzl for £339 million. This deal will see founder Andrew Nisbet selling an initial 80 percent stake in the company he started over 40 years ago, valuing the entire business at more than £500 million. […]

Updated: Feb 26, 2024
Pensions blow as retirement savings plans paused due to cost of living crisis | Personal Finance | Finance

Cost of living pensions hit causes retirement planning misery (Image: Getty) Almost half of working adults have changed their retirement plans because of the cost of living crisis, new research shows. A study by the Pensions Management Institute (PMI) shows that, of the 49 percent who have reportedly switched up their plans, 24 percent are […]

Updated: Feb 26, 2024
DWP three-day warning to get £150 Warm Home Discount – full list of energy suppliers | Personal Finance | Finance

People have just three days to contact the DWP for this year’s Warm Home Discount or face missing out. Those who have limited income and face high energy bills may be eligible for the one-time payment of £150 to assist with expenses. The discount is intended to be reflected in energy bills from October 2023 […]

Updated: Feb 26, 2024
Pensioners can boost income by £1,200 a month with one ‘life-changing’ move | Personal Finance | Finance

Generating income of £1,200 a month requires an awful lot of capital, which is why this option is only open to homeowners. They can make the change by downsizing from their existing property, and moving somewhere smaller and more affordable, new figures suggest. The money can transform people’s final years as the cost-of-living crisis eats […]

Updated: Feb 26, 2024
Homeowners hit with ‘unclear’ charges for roads and green spaces, watchdog warns | Personal Finance | Finance

The Competition and Markets Authority (CMA), a watchdog, has warned homeowners about high and unclear estate management charges. These charges are for the upkeep of facilities like roads, drainage, and green spaces. The CMA is worried that these charges don’t offer enough protection for consumers. Homebuyers might not be given all the important details about […]

Updated: Feb 26, 2024
Northern Ireland civil servants offered 5% pay rise and £1,500 bonus | Personal Finance | Finance

Civil servants in Northern Ireland have been offered a 5 percent pay rise and a one-off £1,500 payment. This offer was made by Stormont Finance Minister Caoimhe Archibald after workers took industrial action demanding equal pay across the UK. In January, public sector workers, including civil servants, staged one of the largest strikes in recent […]

Updated: Feb 26, 2024
Five spring budget changes Jeremy Hunt could enact to change lives of the elderly | Personal Finance | Finance

Jeremy Hunt will unveil the next budget on March 6 (Image: GETTY) Retirement, inheritance, income and many other aspects of older Britons’ lives could change in the months after March 6, when Jeremy Hunt unveils the spring budget, experts have predicted. The Chancellor’s highly anticipated upcoming Parliamentary address will unveil a host of policy changes, […]

Updated: Feb 26, 2024
Lifetime ISAs being overlooked cost first-time buyers £244million in ‘free money’ | Personal Finance | Finance

First-time buyers could have missed out on up to £244 million of ‘free money’ last year because they didn’t take advantage of a government-backed savings scheme designed to help boost their deposit. Most recent HMRC data shows 56,100 people got their first foot on the property ladder with the help of a Lifetime ISA (LISA) […]

Updated: Feb 26, 2024