There remains a yawning gap between the amounts of money that British women expect to receive each year in retirement as compared with their male counterparts. The disparity has long been recognised but has been highlighted again by figures from the financial services group Prudential. According to the latest numbers, the average British male’s taking…
Mortgage borrowers in the UK are increasingly being stung by hefty application and booking fees as they come to progress their home loan procedures, according to new figures on the subject. As a result, the advice from experts is for existing and aspiring homeowners alike to look beyond headline rates of interest and consider the…
The financial services operation of Marks and Spenser (M&S) is to enter the UK’s retail banking market as a provider of current accounts among other mainstream products, it has been announced. Around 50 new bank branches branded with the well known M&S logos are now set to open over the course of the next few…
A new survey has highlighted what are considered to be the steepest challenges for young Britons when it comes to managing their finances, with pensions, savings, and writing a Will among the foremost issues. The list of what are assumed to be top priorities for young people aiming to take control of their finances as…
Setting money aside in a savings account has long been a tough challenge for many thousands of families across the UK, with the parlous state of the UK and European economies of late making matters all the more uncertain for many. One way in which you can give yourself a much better chance to get…
People taking on payday loans run the risk of entering into a spiral of debt management problems that could prove very difficult indeed to escape from, according to a report on the subject from the consumer watchdog Which? The organisation is keen to see consumers made more aware of the potential pitfalls of using payday…
Lloyds Banking Group is closing another 55 branches, bringing the total number of closures to nearly 300 by 2026. This includes branches of Lloyds Bank, Halifax, and Bank of Scotland in towns from Surbiton to Port Talbot. So why all the closures? Well, Lloyds is making some big changes to cut costs and encourage customers…
Taking on a personal loan is a significant step for anyone and particularly at the present time in light of the determinedly testing economic environment. Most families have experienced some squeeze on their spending power or have been met with significant financial challenges during the past few years. And while there is no escaping the…
So, here’s the tea: some TikTokers thought they’d hit the jackpot when a glitch at Chase Bank ATMs made it seem like they could pull out loads of cash, even if their accounts were on life support (aka, empty). But what looked like “free money” turned out to be a huge disaster. The drama all…
Reassessing the state of your savings and the rates of interest being offered by the account you’re using can be crucial to the effectiveness of any effort to increase your assets. And the latest evidence to that effect has been delivered by a new study on the subject from the independent financial research company Defaqto….