The rate of inflation is expected to peak at around eight per cent this year, having already reached near-record levels of 6.2 per cent. With the cost-of-living crisis persisting, higher fuel costs and many retailers already suggesting that they intend to increase their prices further to deal with their own Read more…
The Government has promised to reinstate the state pension ‘triple lock’, which could boost the State Pension by £733 next year. The controversial decision to suspend the triple lock to the state pension this year is likely to deprive pensioners of a record £822 increase but promises that it will return have Read more…
Throughout our lives we must meet important financial commitments, whether it is paying a mortgage, supporting school fees or building wealth for your family. However, life can throw curveballs at you, some more serious than others, which may affect your ability to meet these commitments or even manage day-to-day living Read more…
Exactly two years since the first lockdown was announced, the eyes of the public were firmly fixed on the Chancellor, Rishi Sunak, as he rose to the despatch box in the House of Commons to deliver his Spring Statement.
The rate of inflation has continued to rise in the UK each month, growing from 0.7 per cent in January 2021 to more than 5 per cent in December last year. This is far higher than the Bank of England’s (BoE) long-term target of two per cent, which is why Read more…