Reducing stress by regular saving
A study made by Lloyds Bank shows that 46% of people suffering with stress and anxiety is triggered by issues related to personal finances. Comparatively, prior to being asked, 74% of regular savers said they were happy over the month. More than half of those who come...
Over 50’s feel a lack of support from employers
According to research, 2/5 workers over 50 are feeling a lack of support from their employers in terms of their career aspirations. 2,497 adults were surveyed and 44% of the over 50’s explained that when it comes to their future objectives and ambitions, they feel...
Rules on resolution of business disputes to be changed
The Financial Ombudsman Service (FOS) is an independent service that works to enable certain businesses and individuals resolve disputes between financial service businesses. Following a recent report, the FOS have been challenged by MPs as to whether or not disputes...
Tax-credit being urged so that SME’s can enhance their technology skills
Small business owners are usually stuck for spare time, therefore gaining the skills on digital technologies can be difficult. The government are being pushed to introduce a ‘growth voucher’. According to research made by the Federation of Small Businesses (FSB), in...
Parents urged to take up tax-free childcare
Parents are being encouraged to take advantage of the government's tax-free childcare scheme to help manage childcare costs over the school holidays. YouGov polled 334 parents of children aged 16 and under on behalf of HMRC, and found that 31% felt stressed trying to...
New tax introduced to fund for elderly care from which over-40s are obligated to pay
Mp's have stated that the new tax introduced to fund elderly care should be paid by the cover of the over-40s. Two house of common committees have called for a new social care premium to be introduced so that help is available for those in old age. The report this was...
Skills shortages hamper exporters
Exporters are struggling to recruit the right staff as a result of labour shortages, a report by the British Chambers of Commerce (BCC) has shown. In a survey of more than 3,300 exporters, the BCC found that manufacturers were worst affected, followed by the services...
1 in 3 expect 6-month wait for inheritance
More than a third of people underestimate the time it might take to receive their inheritance, according to research from Co-op Legal Services. In a survey of 2,000 UK adults, 37% said they expect to wait 4-6 months to receive their inheritance. In reality, the...
Over-55s face downsizing challenges
The number of ‘last-time buyers’ who want to downsize their home has increased from 32% to 39% in the past 3 years, research by Legal & General shows. The study defines a last-time buyer as a homeowner aged 55 or over, whose household is under-occupied, with 2 or...
Most SME bosses face staff challenges
The majority (67%) of SME business leaders find it difficult to hire qualified members of staff or retain existing talent, research by Aldermore reveals. A survey of 1,008 decision-makers found that 26% were concerned with keeping good members of staff, while 20%...
