Press Releases
Energy bills warning as half of Britons do not carry out this basic check regularly | Personal Finance | Finance

Nearly half of UK residents do not regularly review their energy bills despite the high prices, new research has found. Only 54 percent of UK residents go out of their way to regularly review their energy bills with men (57 percent) more likely to review than women (51.7 percent), according to research from Utility Bidder. A […]

Updated: Apr 25, 2024
Food price inflation will stay low this year, says Sainsbury’s boss | Personal Finance | Finance

Sainsbury’s chief executive Simon Roberts says that food price inflation will likely stay in the “low single digits” for the rest of the year. Food price inflation peaked at 15.7% 12 months ago and has since fallen back to 3.7% according to data from the British Retail Consortium and NiQ. Prices started soaring in September […]

Updated: Apr 25, 2024
Investment bank and mortgage woes weigh on Barclays | City & Business | Finance

Barclays says that a slump in trading at its investment bank and sluggish mortgage demand has sent its first quarter pre-tax profits tumbling 12 percent to £2.3billion. Despite 20 percent income growth at its private bank and wealth management arm and a 4% rise at its US consumer bank, Barclays’ revenues fell four percent to […]

Updated: Apr 25, 2024
Pension warning as simple mistake could cost you £14,000 | Personal Finance | Finance

A pension mistake could see more than £14,000 striped from older Britons’ retirement savings. Pensioners can bulk up their savings using annuities – retirement plans that convert savings into annual income. In their base, lifetime form, they guarantee income for life, but there are multiple types that come with different terms. The decision to purchase […]

Updated: Apr 25, 2024
Premium Bonds alarm as pensioner faces strange questions to access NS&I account | Personal Finance | Finance

A pensioner was left confused when they were asked some puzzling security questions when managing their NS&I savings. The saver asked the provider on X: “Trying to transfer money, being asked security questions that do not make sense. “Being asked my spouse’s elder sibling, she doesn’t have one. Also my primary school teacher, I’m 91??” […]

Updated: Apr 25, 2024
Detached home or a one bed flat – what the average house price will buy across the country | Personal Finance | Finance

A national study has identified the national average property price at just over £261,000 – yet the buyers in south barely get enough room to swing a car. By contrast buyers in the North East of England can lounge around in a property that is plenty big enough to serve as a forever home. An […]

Updated: Apr 25, 2024
BHP buyout offer for Anglo American sparks London Stock Exchange exodus fears | City & Business | Finance

Anglo American has received a $39billion (£31billion) takeover offer from Australian mining giant BHP, sparking fears that the London Stock Exchange could suffer an exodus of its biggest companies. The all-share offer from BHP for Anglo, the 21st largest company in the FTSE 100, would create the world’s biggest copper miner. It would also make […]

Updated: Apr 25, 2024
Octopus Energy customers can snap up 25% discounts through savings scheme | Personal Finance | Finance

Octopus Energy customers can now get 25 percent off at six different brands of restaurants thanks to a new partnership with Mitchells & Butlers. From today, customers can claim discounts on meals from Monday to Thursday at any Harvester, Stonehouse Pizza and Carvery, Toby Carvery, Ember Inn or Sizzling Pub – all part of the […]

Updated: Apr 25, 2024
Bath Building Society launches new cash ISA paying ‘excellent’ 4.6% interest rate | Personal Finance | Finance

Bath Building Society has launched a new ISA with a 4.6 percent interest rate, earning an “excellent” Moneyfactscompare rating. The interest rate is fixed for two years and people need a minimum deposit of just £1 to launch the account. Commenting on the deal, Caitlyn Eastell, a spokesperson at Moneyfactscompare.co.uk, said: “Bath Building Society has […]

Updated: Apr 25, 2024
Home insurance warning as premiums surge by £53 in just one year | Personal Finance | Finance

Home insurance premiums increased by almost a third (31 percent) year-on-year between January and March this year, according to new research. The cost of insuring all property types has increased significantly, including bedsits (41 percent), bungalows (34 percent), flats (36 percent), houses (31 percent) and maisonettes (31 percent), according to new research from Compare the […]

Updated: Apr 25, 2024