Pension option ‘more attractive than at any point since 2008 financial crisis’ | Personal Finance | Finance

For this reason, annuities are likely to be most suited for those who need a guaranteed and stable income, one of the key advantages of this option. With an annuity, a person’s retirement lifestyle will not depend on good performance in the stock markets. However, while the option remains attractive, Ms Barrett also said it must be carefully More...

by admin | Published 1 hour ago
By admin On Saturday, March 11th, 2023
0 Comments

Recession ‘still likely’ despite UK economy rebounding with GDP growth | Personal Finance | Finance

The country’s economy expanded by 0.3 percent in January, according to the Office for National Statistics (ONS). This is a significant rebound from a sharp fall in December 2022 but analysts are sounding More...

By admin On Friday, March 10th, 2023
0 Comments

Energy bills: Gas heating to air fryer – how much your appliances will cost next month | Personal Finance | Finance

Hot TubCost per use – March 2023 EPG: £1.36Estimated cost per use – April 2023 EPG: £1.64 Electric carCost per use – March 2023 EPG: £19.04Estimated cost per use – April More...

By admin On Friday, March 10th, 2023
0 Comments

Premium Bonds: My small win made me think about interest rates and inflation | Personal Finance | Finance

Others will chose to type their Bond number into the prize checker on the NS&I website. I’m less of a fan, as truth be told, I would have to either remember the number or look out the paperwork from More...

By admin On Friday, March 10th, 2023
0 Comments

Best ISAs of the week: Banks increase savings interest rates to 4.06 percent | Personal Finance | Finance

One of the savings accounts by a leading bank is offering customers a 4.06 percent interest rate. An ISA is a savings or investment account that allows savers to put away a certain amount a year tax-free. Currently, More...

By admin On Thursday, March 9th, 2023
0 Comments

Side hustle: 27-year-old makes £21,000 windfall from her garage | Personal Finance | Finance

Ms Holmes added: “Since starting the business in January 2021, we have made £21,000, which is crazy to think about. Now we have a website, our following on social media is growing, and we have even More...

By admin On Thursday, March 9th, 2023
0 Comments

ISA millionaire shares secret to savings success – ‘my retirement is sorted!’ | Personal Finance | Finance

Hundreds of people have become ISA millionaires as Britons gained financial success through tax-free savings. Some 852 people have reached the lofty goal with interactive investor, with 66 percent of these men, More...

By admin On Thursday, March 9th, 2023
0 Comments

Bank of England is urged to hold its nerve on interest rates | City & Business | Finance

Further interest rate rises risk “deepening the pain” for households and scarring the economy, a Bank of England policy maker has warned. Dr Swati Dhingra claims the full effect of the Bank’s More...

By admin On Thursday, March 9th, 2023
0 Comments

Train ticket rise: Easy tip can reduce price by 90% as fares take highest jump in decades | Personal Finance | Finance

Train passengers have been hit by the largest increase in fares for more than a decade as ticket prices shot up by 5.9 percent on Sunday. But while the cost of living crisis prevails, there are a few tips More...

By admin On Wednesday, March 8th, 2023
0 Comments

People who claim Carer’s Allowance before next month can get £245.70 payment | Personal Finance | Finance

The payment goes out automatically to claimants and does not affect their usual payment. The next payment will be made in June to those who received the benefit on a certain qualifying date. To receive the More...