Brussels’ efforts to lure business away from the City of London after Brexit have largely been thwarted after France snubbed Germany in favour of Britain’s financial hub. Less business than expected will be drawn into the European Union after France sided with its banks, which argued they would lose out if prevented from using UK […]
Being a parent can cost an arm and a leg. Just think of all the nappies, milk, and clothes that you have to buy let alone toys. But one parent has explained a top tip to financially plan for your kid’s future. The bad news is that it starts immediately. The dad called Brennan posted […]
ISA millionaires double – and you don’t need to be a ‘savvy stock picker’ to become one (Image: Getty) ISA millionaire numbers are rising year on year and according to recent analysis, the strategy driving this growth surprisingly leans towards safety rather than high-risk ventures. Bestinvest has seen the number of such millionaires “double” between […]
HSBC (Image: Getty) HSBC has announced a staggering 78 per cent rise in annual pre-tax profits, but economists warn the bank’s special exposure to China may soon reveal a different picture. The bank said its pre-tax profit surged to top $30.3billion (around £24 billion) in 2023, up from $17.1billion (£13.6 billion) the year prior. The […]
This eye-opening video shows gender stereotyping is still rife in children as young as seven years old. The youngsters were asked to act out various job roles, with one little boy seen reaching for a wig and announcing that nurses have high-pitched voices. Girls were also asked to pretend to be builders – with one […]
Inheritance tax receipts hit a whopping £6.3billion in the nine months from April 2023 to January 2024, new HMRC data shows. This marks a £400million increase from the same period in the previous year, continuing the upward trend fuelled by years of soaring house prices and frozen personal allowances. While just four percent of estates […]
Britons can once again start earning hundreds of pounds for free as banks reintroduce current account switch deals. After all deals of this nature ended last month, NatWest and Lloyds are back offering up to £200 to eligible people who switch their current accounts to bank with them instead. Martin Lewis’s Money Saving Expert (MSE) […]
Two more energy companies, E.On and Tru Energy, have been given the green light to resume forcibly fitting prepayment meters (PPMs). This comes after a temporary ban due to a scandal around this practice. Ofgem stated that these firms had met its “strict” conditions. These include carrying out internal checks to find any PPMs wrongly […]
A tax expert has put forward major plans to simplify the inheritance tax system which could lift thousands of families out of paying the 40 percent tax. Wealth manager Mohammad Uz-Zaman, from ADL Estate Planning, said the threshold for paying the tax should be more than tripled from the current £325,000 to £1million, with the […]
A Premium Bonds customer reached out to NS&I for help after discovering they held Premium Bonds under two holder’s numbers. The saver got in touch with the provider over X as they wanted to bring the Bonds together. They said: “I have identified that I hold Premium Bonds under the same name but with a […]
