Personal Finance

In order to pay for private school fees, parents were compelled to borrow up to £22,000
Personal Finance

In order to pay for private school fees, parents were compelled to borrow up to £22,000

In an attempt to spread the cost of private school fees, parents have been taking out more loans to cover independent school fees. The im...

Fears of reductions in allowance cause savers to flock to cash ISAs
Personal Finance

Fears of reductions in allowance cause savers to flock to cash ISAs

According to Bank of England data, savers deposited an additional 14 billion into cash ISAs in April, the most since the savings products...

Winners of Premium Bonds: In the June prize draw, who took home the £1 million jackpot?
Personal Finance

Winners of Premium Bonds: In the June prize draw, who took home the £1 million jackpot?

Who took home the 1 million prize, and how can you know if you won this month? Millions have won smaller prizes from the June Pre...

Does taking out a mortgage in retirement always make sense?
Personal Finance

Does taking out a mortgage in retirement always make sense?

Is it appropriate for them to do this? The goal of most people is to pay off their mortgage before they retire, but in some cases...

Since more than half of millennials "rarely think" about retirement savings, here are six strategies to increase your pension
Personal Finance

Since more than half of millennials "rarely think" about retirement savings, here are six strategies to increase your pension

According to new data, millennials are particularly vulnerable to a retirement shortfall because they are not thinking about their pensio...

Who can open a Nationwide 5 percent savings account?
Personal Finance

Who can open a Nationwide 5 percent savings account?

Do you qualify? Following the introduction of a new member-only bond by the building society, consumers nationwide can now earn f...

For customers with Edge accounts, Santander eliminates 1% cashback on purchases
Personal Finance

For customers with Edge accounts, Santander eliminates 1% cashback on purchases

Customers of Santander Edge will no longer receive 1% cashback on their purchases of groceries, gas, and travel expenses as of September ...

With two out of five Britons preparing to go to court over inheritance, the number of estates without a will reached a five-year high
Personal Finance

With two out of five Britons preparing to go to court over inheritance, the number of estates without a will reached a five-year high

The number of estates with assets left behind without a will has increased by over 50,000 in the past 12 months. It occurs as more and mo...

As HMRC considers alternatives, workplace pension salary sacrifice plans may be in jeopardy
Personal Finance

As HMRC considers alternatives, workplace pension salary sacrifice plans may be in jeopardy

A former pensions minister has suggested that useful workplace pension salary sacrifice programs might be modified as a "revenue-rai...

Despite a decline in cases, fraudsters still steal and commit investment fraud totaling 144 million pounds
Personal Finance

Despite a decline in cases, fraudsters still steal and commit investment fraud totaling 144 million pounds

Even though there were fewer investment fraud cases in 2024, victims still lost millions of dollars. Despite a 24% decrease in ca...

Do I need a financial advisor?
Personal Finance

Do I need a financial advisor?

The majority of people go through life without seeking advice from a financial advisor, presumably because you don't always need one to a...

The new Ofgem energy price cap predicts a 7% July price drop
Personal Finance

The new Ofgem energy price cap predicts a 7% July price drop

We have all the information you need to know how much you will pay and whether further price reductions are anticipated. The most...