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...

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...

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...

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...

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...

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...

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...

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...

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...

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...