Business

The UK’s banking sector is in a safer position than some of its peers abroad amid concerns about a global banking crisis, an expert has claimed. Earlier this month, Silicon Valley Bank (SVB) had to be saved after its investments in government bonds backfired due to rising interest rates. Meanwhile, …

The building society’s One Year Fixed Rate ISA has an interest rate of 3.75 percent AER/tax-free. Conversely, Nationwide’s Two Year Fixed Rate ISA pays avers a “competitive” four percent AER/tax-free. Each of the building society’s Fixed Rate ISA products accepts transfers into the account from savers. These accounts from Nationwide …

With last-minute alternations underway, Britons are warned of “last minute” ISA pitfalls that people make in the run-up to April 5. At a time of high inflation and low-interest rates, many people will be looking at ISAs to make the most out of their money. By taking action now, rather …

Millions of Britons will get a pay rise this week as the National Living Wage increases from the start of April. This is the minimum wage that can be paid to workers aged 23 and over with the amount increasing from £9.50 an hour to £10.42 an hour. The National …

Millions of households will get a £301 boost between Tuesday April 25 and Wednesday May 17, the DWP has confirmed today. It’s the first of three payments, totalling up to £900, which those on eligible means-tested benefits such as Universal Credit and Pension Credit can get in 2023/24. The DWP …

Brexit Britain has scored a huge win with Vanguard, the world’s second largest fund manager, reportedly snubbing the European Union with plans to open its second UK office – a move that will create 100 jobs. The US fund manager, which manages £6trillion globally, will announce plans to open a …

Experienced investors may see this as an opportunity to buy shares and funds at a discounted price, especially after Friday’s sell-off. Yet others will be worried for fear the banking crisis will spread as contagion hits Deutsche Bank. Every adult can invest up to £20,000 in an Isa each tax year, …

To keep herself accountable, she posted about her budgeting experience on TikTok and her videos soon went viral. In the first year of her budgeting journey, Jasmine could pay off $23,000 (£18,810) in student loan debt and clear her medical debt and credit card balance, she told CNBC Make It. …

New product launches and supermarket listings are putting a spring in the step of green UK manufacturer Homethings as it pursues its mission to change the way the world cleans by making tap water refills mainstream. “We are tackling both waste and emissions – you won’t find any greenwashing here,” …

In 2014, the Office for National Statistics predicted that by 2028 average life expectancy for a 67-year-old man would be 88.1 years rising to 90.1 years for women. Now it has cut those numbers to 85.7 years for men and 87.8 years for women. That’s a drop of more than …