Rachel Lowe entered the Den in 2004 seeking £75,000 for 30 percent of her business, Destination London. Destination London is a fast-moving taxi board game aimed at families and tourists. She wanted the investment to expand her brand and create other Destination games for cities around the world including Paris …
Read More »State pension rise of 10 percent slammed leaving pensioners furious | Personal Finance | Finance
Former Goldman Sachs economist Jim O’Neill, who served under Chancellor George Osborne, spoke out to criticise the triple lock policy. The triple lock is set to be reinstated next year, with the state pension set to rise by 10 percent, in line with the CPI inflation figure predicted for September. …
Read More »Debt: What does new Government Insolvency advice mean for you? Expert explains | Personal Finance | Finance
People worried about the impact of increased living costs on debt repayment have been encouraged by the Government Insolvency Service to speak with trustees, insolvency practitioners, or debt advisors about liaising new terms. But what exactly are your rights to do so and can this actually help? Under normal circumstances, …
Read More »National Insurance threshold changes: How to check if you going to be better off | Personal Finance | Finance
Britons must pay National Insurance if they’re 16 or over and are either an employee earning above £190 a week, or self-employed and making a profit of £6,725 or more a year. Once someone has reached the state pension age of 66 years then they no longer need to keep …
Read More »Shop prices hit highest rate of inflation in almost 17 years | Personal Finance | Finance
They shot up to 4.4 percent in July, up from 3.1 percent in June – the highest rate of inflation since the BRC-NielsenIQ shop price index first started in 2005. Food inflation rocketed to seven percent in July, up from 5.6 percent in June, driven by rising production costs. This …
Read More »Premier Foods buys TV chef curry kit company The Spice Tailor for £44m | Personal Finance | Finance
Premier Foods, whose other kitchen staples include Ambrosia custard and Bisto gravy, went on a three-year buying spree in the past that saddled the group with big debts. A decade ago management sold off a number of brands, such as Sarson’s vinegar and Haywards pickles. But in a sign that …
Read More »Money making tips: Woman shares ‘easy’ way she earns extra £150 a week | Personal Finance | Finance
Ella has been gaining valuable experience and earning some extra money through Paperound, a website that links up businesses with students, who complete tasks such as market research or content creation. Ella told marketing group Student Beans: ”When I came across Paperound, I wanted to gain some industry experience with design …
Read More »Lloyds and Halifax to close another 66 bank branches – see full list of latest closures | Personal Finance | Finance
The bank is to axe 48 Lloyds Bank branches and 18 Halifax outlets, between October 2022 and February 2023. The closures will include branches across England, Northern Ireland, and Wales, in the fourth swathe of closures in recent months. By early next year, customers will lose access to 133 Lloyds …
Read More »Woman shocked after battered storage trunk bought for £12 is worth up to £6,000 | Personal Finance | Finance
The trunk was originally purchased in 1984 from a bric-a-brac shop in the village of St Margarets near Twickenham, London. After spotting it in the shop window, the dad paid £12 for the case. He then gave it to his daughter to help her store her belongings when she moved …
Read More »Cost of living: Pensioners not eligible could still get £650 payment but deadline looms | Personal Finance | Finance
She warned: “I must stress, experts warn that when you claim pension credit you must ask for back dating as it won’t be done automatically. “Also, the rules make it clear that even if you just get one penny a week in Pension Credit, you will get the full £650 …
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