State pension set for 20% rise worth £2,000 as inflation soars – will YOU get full amount? | Personal Finance | Finance

[ad_1] Yesterday, the BoE predicted that inflation will hit 13.3 percent in October, and is likely to be in double digits for much of 2023. While that is a disaster for hard-pressed pensioners, it could feed through into a bumper back-to-back State Pension rises. As we reported earlier this week, the full new State Pension could hit £10,800 a More...

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By On Thursday, August 4th, 2022
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Capital gains tax: Receipts rise to record levels – how to reduce your CGT bill | Personal Finance | Finance

[ad_1] The Office for National Statistics (ONS) has released new data which shows the amount taken in capital gains tax has risen by 42 percent to £14.1billion for the 2020-21 tax year. This is a sharp rise More...

By On Thursday, August 4th, 2022
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Ofgem energy price cap: What does it mean for your bills? | Personal Finance | Finance

[ad_1] Ofgem has opted to make price cap updates more regular, meaning, from this month, they will happen four times a year. Instead of April and October, people can expect reviews in January, April, July and More...

By On Wednesday, August 3rd, 2022
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Interest rates LIVE: Shock as BoE poised for interest rate hike | City & Business | Finance

[ad_1] Laura Suter, head of personal finance at AJ Bell, explained: “With the leap in inflation in May, better-than-expected UK growth figures and some pretty bullish comments from a number of the rate-setting More...

By On Tuesday, August 2nd, 2022
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Premium Bonds: NS&I raises rates – what are your odds of winning £1million? | Personal Finance | Finance

[ad_1] Many savers are now wondering if their odds of winning the savings product’s £1million lottery have improved. The financial institution hiked the prize fund rate for Premium Bonds from one percent to More...

By On Tuesday, August 2nd, 2022
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'Not investable!' Dragons' Den rejects secure £1.1million funding after leaving the show

[ad_1] DRAGONS’ DEN rejects who left with nothing have gone onto secure 13 times the investment they asked for. [ad_2] Source link  More...

By On Monday, August 1st, 2022
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Barclays issues scam warning as fraudsters ‘take advantage’ of cost of living crisis | Personal Finance | Finance

[ad_1] “If someone gets in touch about an offer for a great energy price deal or a refund, don’t click on any links or give them any personal information over the phone. “Genuine companies will understand More...

By On Monday, August 1st, 2022
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State pension set to rise next year but 520,000 people will miss out | Personal Finance | Finance

[ad_1] John Duffy, chair of the International Consortium of British Pensioners, previously touched upon how the so-called frozen pensioners might be able to thaw their sum. He told the Mail: “Quite astonishingly, More...

By On Sunday, July 31st, 2022
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Premium Bonds: NS&I explains easy way you can check if you have unclaimed prize | Personal Finance | Finance

[ad_1] With two £1million jackpots and hundreds of thousands of pounds in other prizes, customers will be keen to know if they have won anything. People may also want to check if they have any previous winnings More...

By On Sunday, July 31st, 2022
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Stealth tax shock – here are the taxes you didn’t know you were paying ‘They’re endless’ | Personal Finance | Finance

[ad_1] Over the last decade, a string of Tory party chancellors have raised taxes in sneaky ways in the hope we don’t spot what they are doing. So while Truss and Sunak make new tax cut pledges, voters should More...