Personal Finance NewsWidespread uncertainty and confusion around Inheritance Tax (IHT) means millions of over 55s are at risk of leaving families with what could be a significant tax bill to be pay from the deceased’s estate. Research from financial planning experts at abrdn found that a third (32%) of UK adults over the age of 55 (16.4 […]
Managing personal finances in 2023 presents a unique set of challenges in the UK. With an unpredictable economy, taking control of your financial situation is crucial. This article aims to provide five straightforward steps to clear your debts, cut down your living costs, and achieve financial stability in the year ahead. By implementing these tips, […]
More than a third (37%) of hire car drivers are unaware that they are liable for the excess (the first part of any claim) if their car is damaged or stolen, which can be up to £2,000, even if it is not their fault. Excess waiver can be bought to protect drivers from this, however […]
One in four are spending less on their holidays this year, than last year, according to a new survey of people who have hired a car in the UK or abroad carried out by Opinium for travel insurance provider, Multitrip.com. Two fifths (40%) say they are spending the same and only a quarter say they […]
Research from Freedom Finance, one of the UK’s leading digital lending marketplaces, reveals that the growing demand for consumer credit is being underpinned by a move for consumers to consolidate debt. The analysis reveals forty-one percent (41%) of all people who searched for a loan through Freedom Finance’s platform in April 2023 were looking to […]
Many of us are trying to find ways to cut costs right now. With everything from food prices to energy bills going up, anything we can do to save money is likely to be welcome. One way to save is to look at what we drive and the way we drive it. For motorists, a […]
As summer approaches and wedding season hits full swing, new research from American Express has found that UK wedding guests are set to increase their spend attending weddings by 18% this year, compared to 2022. The average wedding guest is expecting to spend £1,045 on average per wedding this year, equating to £16.6 billion across the […]
More than a fifth of people who are planning to go on holiday in 2023, said they would be paying for their holidays using their credit card, according to a survey from Go.Compare.* Go.Compare asked more than 2000 people about their holiday plans for 2023, where respondents were asked “How are you planning to pay […]
Aspiring homeowners can improve their chances of getting on the housing ladder thanks to extra evidence of a borrower’s good financial track record being factored into mortgage checks by a leading lender. Leeds Building Society has become the first UK mortgage provider to partner with Experian and connect to its free Experian Boost service. It […]
