Personal Finance NewsAldermore bank has today launched a range of fixed rate bonds for new customers, providing savers with competitive rates and more choice to realise their savings goals. The following personal savings products will be available immediately: One Year Fixed Rate Bond at 0.60% Two Year Fixed Rate Bond at 0.70% Three Year Fixed Rate Bond at 0.80% […]
With thousands of workers forced to work from home since March 2020, setting up a desk from the kitchen table has become an attractive option for companies looking to reduce overheads and slash rents. According to the Office for National Statistics, almost half of British workers were working away from their office or factory last […]
It’s the moment that we have been waiting for, restrictions are starting to ease and with warmer months in sight, new research from American Express reveals that Brits are planning a summer of fun. From the much anticipated reopening of pubs and restaurants, to staycations, beauty and fashion, many Brits across the UK are set to […]
Article by John Ellmore, director of NerdWallet It’s been more than a year since the onset of COVID-19, and Britons have not experienced any financial respite. With many people being furloughed or made redundant, household finances have inevitably taken a hit. Indeed, a recent survey conducted by NerdWallet revealed that almost two fifths (38%) of […]
TV has been a key source of entertainment during the pandemic and it is likely to remain critical for many months to come. But it can also be a source of anxiety as TV bills continue to grow and companies continue to pile on the pressure with mid-contract price hikes. Therefore, the importance of understanding […]
According to new research from Paragon Bank, using CACI data, the average easy access balance has continued to surge during lockdown and exceeded a record £11,000. CACI’s database, which analyses savings data from more than 30 providers, shows that easy access average balances continue to climb, growing from £10,132 last January to £11,0921. At 9.5%, […]
Two thirds (66%) of 2021 retirees risk not having the pension savings to sustain their planned retirement income, according to a new report launched today from Standard Life Aberdeen. In its inaugural Class of report, surveying UK adults planning to retire this year, Standard Life Aberdeen revealed how ready the Class of 2021 is to retire, identifying […]
As savings in Britain reached a record high, new research has uncovered that the nation is determined to keep those savings on lockdown even as Covid restrictions ease leading up to 21st June. More than three quarters of Brits (77%) say they want to continue to save the same amount even when restrictions lift and they’re able to socialise regularly again. The new research […]
The UK has gone through some of the most unsettling and uncertain times in history during the last couple of years, with many experts unsure what the future would hold for interest rates or foreign exchange rates. Firstly, the seemingly never-ending Brexit negotiations stumbled from one mini crisis to another throughout 2020 and it wasn’t […]
