Personal Finance NewsThere are 30 fixed dual fuel tariffs ending on March 31. Households could see their energy bills rise by more than a quarter (27%). Two of the ‘big six’ suppliers have deals ending that will result in price increases: EDF Energy and Npower. Families could be set for a shock a 30 fixed dual fuel […]
The British public wants banks to lend to organisations and projects that benefit society, but most people do not know what happens to their savings while they are deposited with their bank. This is one of the findings of a new piece of research conducted by Charity Bank, the ethical bank with a mission to […]
Despite the Government’s pension freedoms giving us more control over our money in retirement, new research shows that 40% of people over 40 have no idea of the cost of even a basic lifestyle in retirement, suggesting that more needs to be done to show people how much they need to save in order to […]
The Ministry of Justice has decided to reduce the discount rate used in calculations for compensation payments for those who suffer long-term injuries, and the net result could well be higher insurance premiums for drivers. Matt Oliver from Gocompare.com Car Insurance, commented: “First IPT increases and now this! Drivers are being hit with news about […]
STEP has condemned the sharp increase in probate fees due to come in this May as a new tax on bereaved families. The new fees will now be pro-rata, and apply to all estates worth GBP50,000 and over. An estate of GBP300,000-GBP500,000 will now pay GBP1000, and estates of GBP2m or more will pay as […]
With excitement revving up for the release of ‘17’ number plates on 1 March, buying a car is a significant purchase. A new study from American Express® has found that 19% of adults will spend an average of £11,094 buying a brand new or second hand car this year, equating to a bumper £108 billion across […]
The biggest home running cost for most people is gas and electricity, just as the biggest car running cost can be fuel, according to AA Home Services. Today the AA launches a radical new boiler cover and energy switching service, which guarantees to save members £200 on their gas and electricity costs and non-members £150. […]
Aspirations for dream homes and cars are not just for the young, many of us live this dream after we turn 50 by carrying out major spending on homes, cars and holidays*. Part of this could well be driven by retirement as almost half of people say they notice more repairs that need to be […]
Britons haven’t lost their appetite for saving – despite the current low interest rate environment and economic uncertainty over issues such as Brexit. A survey conducted by one of the UK’s leading building societies, the West Brom, shows that 72 per cent of the nation still class themselves as regular savers. Out of more than […]