Those using the platform Booking.com to book their holidays or accommodation are being warned they could be targeted with emails or messages requesting payments from hotels who have had their account taken over by fraudsters. Between June 2023 and September 2024, Action Fraud received 532 reports from individuals, with a total of £370,000 lost. Insight […]
What can financial planning do for you? Financial planning isn’t just reserved for the especially wealthy. Whether we’re aware of it or not, all of us are on a financial planning journey and nearly all of us will want to make the most of our money and that includes putting it to good use by […]
Man has the hardest job of all, the job of making decisions on incomplete data. Henry Kuttner When market returns are kind, as they have been in recent times, it can be too easy to forget that bad times in investing will come along at some stage, leading to large and/or protracted falls in value. […]
Chancellor Rachel Reeves’ first Budget was a significant one in all senses. “…this Budget delivers a large, sustained increase in spending, taxation, and borrowing.” So said the Office for Budget Responsibility (OBR) in the first paragraph of its overview of the Autumn Budget. The numbers are indeed large: spending is up by almost £70 billion […]
HMRC is uncharacteristically keen to give money away, reminding young adults again that they may be due unclaimed child trust funds (CTFs). The amount still to be paid out comes to just under £1.4 billion. As the UK settles under its first Labour government in 14 years, there is a certain irony that one of […]
New statistics show that cash ISAs remain a popular investment. Every autumn HMRC publishes a set of annual savings statistics, setting out detailed information about individual savings accounts (ISAs), lifetime individual savings accounts (LISAs), child trust funds (CTFs) and Help to Save. Unsurprisingly, ISAs dominate, with by far the largest amounts, both in terms of […]
