Personal Finance NewsIt’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 […]
Oxbury Bank, the first 100% dedicated agriculture bank for over 100 years, has announced the launch of a ground-breaking new carbon-mitigation and biodiversity-promoting savings account. Oxbury Forest Saver enables consumers to save securely and direct their savings interest to fund dedicated woodland creation projects on farms across Britain, while also helping to maintain a thriving farming […]
The gradual easing of lockdown commences on 12th April and is a much-anticipated restart date for many businesses, whether a sole trader or a larger operation employing many workers. History shows that for the UK to be able to fight back after a serious economic downturn like the one we’re facing right now; businesses will […]
