Smart meter customers have been making extra energy bill savings this winter through EDF’s ‘Beat the Peak’ scheme. So far, more than 139,000 households have taken part in this year’s scheme, with customers who have participated in all nine events earning £12.56 on average. However, according to the energy provider, the top 20 percent of those have […]
Sales of annuities in 2023 hit their highest levels since the introduction of pension freedoms in 2014, research from the Association of British Insurers (ABI) has found. ABI found sales were £1.5 billion in the last quarter of the year, after a strong third quarter when sales were £1.4 billion. The number of annuities bought […]
Britons are being urged to “act soon” to claim an energy bill discount from the Government as the deadline to do so looms. Under the Department for Work and Pensions’s (DWP) Warm Home Discount Scheme, over three million households across Great Britain most at risk of fuel poverty are entitled to support. While many customers […]
The prices of homes being put up for sale in Britain have increased in annual terms for the first time in six months as demand from purchasers improved. Data from Rightmove showed the average price tag on a home jumped by more than £3,000 month-on-month in February. The data also reveals that agreed sales in […]
West Brom Building Society has increased the interest rate on its 60-day notice ISA to 5.1 percent, earning an “excellent” Moneyfacts rating. Notice accounts are seen as a middle ground between easy access and fixed rate savings accounts. These accounts allow people to withdraw money if they need to, but they have to give the […]
NatWest is offering £200 for new and existing customers when they switch their current account. NatWest is the latest major bank to relaunch a current account switching offer to incentivise Britons to banking with them. New or existing customers can bag the cash by switching their main current account to either the NatWest Reward or […]
Britons can enjoy the lowest cost of living in Spain, where goods cost as much as £700 less, new data shows. The overseas property experts at Property Guides have released the new Cost of Living Overseas Index looks at living costs across 13 countries. It compares UK prices with those in Spain, France, Italy, Portugal, Cyprus, […]
Unemployment really can be hard. It takes forever to find a job these days, it can affect mental health, self-worth and most obviously … our financial situation. Bills occur every month even when you have no income! The world doesn’t pause to give you time to take stock. At times like this it can feel […]
With tax year end in a couple of months, Britons are warned about common tax mistakes that are often made. In an environment where the cost of living still high, it’s essential that individuals review what they can do to be smart with their money and make every pound go as far as possible. From […]
Income tax and National Insurance thresholds will be frozen yet again, driving more into higher tax brackets as wages rise. The capital gains tax (CGT) exemption and dividend allowance will be cut for the second year in a row, while inheritance tax bands will be frozen yet again. Laura Suter, director of personal finance at […]