National Savings & Investments have increased their interest rates – and boosted a chance of winning. National Savings & Investments (NS&I) beat many of its banking competitors by announcing a 0.25% increase in its variable rate products. These took effect from 1 December and are shown in the table below for taxable products open to […]
It’s estimated that people aged 45 to 54 spend more time planning their summer holidays than they do planning their pension1. However, if you want to be able to enjoy holidays in retirement, then you’ll need to have saved sufficient to be able to afford them. The common perception is that you’ll need between half […]
The Royal Society for the Prevention of Cruelty to Animals (RSPCA) is warning the public about rogue websites advertising fake premium rate numbers for their cruelty line. The premium rate 0844 numbers advertised are designed to rack up a heavy bill for the caller and are give a false impression that they’re affiliated with the […]
September inflation was just low enough to spare Mark Carney writing to the Chancellor. And helped spur the first interest rate rise in a decade. Each year the Chancellor of the day gives the Bank of England an inflation target to meet. Ever since Gordon Brown changed the inflation index used to the Consumer Prices […]
State pensions will rise by 3% next April, but it’s not all strictly good news. On the day that a CPI inflation rate of 3% was announced, the BBC website covering the rise had a picture of pensioners “dancing for joy”. The supposed reason for their jollity was that the 3% September inflation figure was […]
New figures from HMRC show a large jump in VCT investments in 2016/17. In September HM Revenue & Customs (HMRC) issued updated statistics on the funds raised by venture capital trusts (VCTs). These showed that investment during last tax year reached £570m, an increase of over 28% on 2015/16. This was the highest […]
