What a Labour government could mean for your finances
In a decisive and historic victory, the Labour Party won the 2024 UK general election with a significant majority and Keir Starmer has become the UK prime minister after 14 years of Conservative government. The new chancellor, Rachel Reeves, has already pledged to “fix the foundations” of the British economy in a bid to drive […]
What the 2024 general election could mean for your finances
2024 has been called “the year of elections” with an estimated 2 billion people around the world heading to the polls. Voters in the UK will have their say on 4 July. Now that each of the main parties has published their manifestos, here’s what the 2024 general election could mean for your finances. Conservatives […]
Guide: How to find purpose and get the most out of your retirement
Retirement might be a chapter of your life you’ve been looking forward to for years. Perhaps you’ve been daydreaming about how you’ll make use of the extra time, or you’ve already planned an adventure to kickstart your life after work. Yet, for many people, retirement can be a difficult adjustment. While work often means less […]
The essential guide to mortgages
Most people who buy property will use some form of mortgage. Indeed, according to the Financial Conduct Authority (FCA), in the final quarter of 2023, the total amount borrowed through residential mortgages was £1,657.6 billion. While buying a property is an exciting time, the mortgage market may seem confusing. It can feel like there are […]
£1.3 Billion in pension tax relief left unclaimed
An estimated £1.3 billion in pension tax relief remains unclaimed in the UK, according to a Pension Bee freedom of information request in 2023, from the 2016/17 tax year to the 2020/21 tax year. Many staff are unaware that pension tax relief can be claimed for higher or additional rate taxpayers. If your contributions are […]
4 simple ways to reduce your financial anxiety in Stress Awareness Month
April is recognised as Stress Awareness Month in the UK, which aims to raise awareness of both the causes and potential cures for the modern-day stress epidemic. Financial stress can be experienced by people from all walks of life, regardless of their age or circumstances. Indeed, research by the Mental Health Foundation has revealed that […]
What the State Pension triple lock could mean for your retirement
You might have been dreaming about retiring for many years. Perhaps you have big travel plans or can’t wait to spend more time with your children and grandchildren. However, the cost of living crisis that the UK has been experiencing since late 2021 means your carefully planned retirement savings may need to stretch further than […]
Why did The Body Shop enter administration? 4 key takeaways for business owners
On 13 February 2024, private equity company Aurelius announced it had put cosmetics retailer The Body Shop into administration just three months after purchasing the business. The US arm of the company immediately ceased trading, while some UK stores will remain open. However, according to Sky News, there are plans to close 75 stores and […]
Guide: 7 valuable behaviours for successful investing
How do you grow your wealth when you’re investing? Choosing the “right” investments is just one of the ingredients needed for success. Indeed, your mindset and behaviours could have a much larger effect on the outcomes of your investments than you might think. Your approach to investing could influence the decisions you make when you […]
All the winners and losers from the 2024 Spring Budget
With one eye on a forthcoming general election, the chancellor has announced a Budget aimed at generating long-term growth, with “more investment, more jobs, better public services and lower taxes”. While the headlines will inevitably focus on Jeremy Hunt’s cut in National Insurance contributions (NICs), many less headline-grabbing messages will affect millions of families and […]
