From an article on 13th October 2016 The pension reforms introduced by former chancellor George Osborne will cost an estimated £5 billion to the UK economy and contribute to rising house prices, according to the Office of Budget Responsibility (OBR). The report looked...
An article from the 13th October 2016 Almost a third of people over the age of 50 are dealing with financial debt, repaying an average of £12,000. Saga Personal Finance’s survey of 1000 people aged over 50 found that 29%, or 6 million, are currently repaying debts in...
An article from the 3rd October 2016 Workers earning the national minimum wage (NMW) have received a pay rise as of 1 October 2016. 270,000 workers aged 21 – 24 earning the NMW have seen their hourly wage rise by 25p an hour to £6.95. Those working 35 hours a week...
Saving towards a new home is 3 times more important than saving for a pension for under-35s, according to research by Nottingham Mortgage Services. 25% of the over 1000 adults surveyed said that their top priority is raising funds towards buying their first property...
39% of business owners still have no understanding of the forthcoming apprenticeship levy, according to research by the British Chambers of Commerce (BCC). 30% of the 1600 medium-sized businesses (employ between 50-249 employees) surveyed will have to pay a levy of...
More than one third of working adults are uncertain on when they will retire, according to research by Platforum. 30% plan to work either full time or part time beyond the state retirement age, which is currently 65. Uncertainty is higher among women with 39% having a...
