NatWest Group has announced Paul Thwaite as its new permanent chief executive, and also revealed its highest yearly profit since before the 2008 financial crisis. Mr Thwaite takes over from Dame Alison Rose, who left after a debanking row last year. The NatWest board described Mr Thwaite as an “outstanding candidate and the right person […]
Sales of retirement annuities hit a record high last year, according to the Association of British Insurers (ABI). In 2023, annuity sales rocketed with a total value of £5.2 billion, marking a 46 percent increase compared to 2022. This is the highest annual value since 2014 when pension freedoms were introduced, giving retirees more flexibility […]
This Spring budget is March 6 (Image: Getty) The Chancellor of the Exchequer, Jeremy Hunt has less than three weeks to go until the Spring Budget. Households will watch the Budget keenly for any changes to taxation and benefits that could give a boost to their own financial outlook after years of uncertainty, stretched disposable […]
Around 850,000 pensioners are at risk of missing out on a £299 cost of living payment they are eligible for. The latest payment from the Government has started entering bank accounts of low-income households and pensioners. It is designed to help with food and heating costs during the final part of winter. Among people who qualify […]
The DWP has no plans to uprate frozen state pension payments to half a million British expats, pensions minister Paul Maynard has said. Tory MP for Delyth Rob Roberts told Mr Maynard it was a “matter of simple fairness” to British citizens living in Commonwealth countries to be entitled to an uprating of their state […]
The company trying to buy the Telegraph newspaper is now set to purchase the creators of hit shows like Fleabag and Traitors for a whopping £1.15 billion! RedBird IMI, led by ex-CNN boss Jeff Zucker, will take over All3Media in London after striking a deal with its current owners. All3Media, based in London, has made […]
A £299 cost of living boost will land in the bank accounts of about 700,000 households from Friday. This payout is given to recipient families or individuals who get tax credits but no other added benefits. The money movers are HM Revenue and Customs (HMRC), dishing out cash to those deserving in all parts of […]
An 80 year old widowed grandad has lost his life savings of £17,000 to a cruel scam. John Fillingham’s world turned upside down when he was tricked by a fake bank call. John, who had been living on his own since his wife passed away in 2009, was getting ready for a big move from […]
ISA millionaires are increasing year on year following a “bumper year” for investments, new data shows. On interactive investor (ii), the UK’s second-largest investment platform, the number of ISA millionaires has surged to a “record high” of 1,001, according to the firm. As of January 2024, the total is up 17 percent from the 852 […]
The price hikes were revealed by analysis of tickets sold by Government-owned operator LNER (Image: Getty) A trial to simplify train fares is adding more than £100 to the cost of some journeys on one of Britain’s busiest railway lines. The trial was introduced as a way to make train fairs simpler, however, campaign groups […]