On the MeaningfulMoney YouTube channel, Pete Matthew, chartered financial planner, discussed the nature of a recession on one’s investments and how it has the potential to turn someone’s plans upside down. He discussed some possibilities that Britons approaching retirement may wish to consider. With many asset classes going down in …
Read More »Savings alert: Provider launches ‘market leading’ account giving 3.10% returns | Personal Finance | Finance
Raisin UK, a UK savings marketplace that connects savers with a range of banks offering deposit-protected savings accounts with competitive interest rates, has launched a new two-year savings account. It has partnered with Gatehouse Bank to offer a two year Fixed Term Deposit account which is offering a market leading …
Read More »Money saving tips: Britons could save up to £600 this summer to put towards autumn bills | Personal Finance | Finance
Dan Whittaker, personal finance expert at CashLady.com has shared five savings hacks to help Britons save nearly £600 this summer. With the latest predictions from analysts at Cornwall Insight suggesting the energy price cap could rise to £3,244 from October, these tips could prove useful if it means families can save some money …
Read More »Energy bills: Pensioners could secure vital help worth hundreds of pounds | Personal Finance | Finance
Many pensioners will be getting by on a limited income amid the rising cost of living. It may mean difficulties with affording rising energy bills, which are set to soar even higher this winter. Those who are finding it difficult to afford their bills or top up their prepayment meter …
Read More »Pensioners living with asthma or other conditions could get up to £369 per month | Personal Finance | Finance
Many pensioners will be dealing with a health condition, but might not be aware they could receive assistance. One condition which could impact a person’s life on a day to day basis is asthma. The NHS describes asthma as a lung condition which can cause occasional breathing difficulties. It can …
Read More »Dragons’ Den reject labelled ‘ill prepared’ went on to make £96million | Personal Finance | Finance
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 …
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