The Government has responded to an online petition calling for the abolishment of the TV licence after garnering 15,864 signatures. Petitioners argued the TV licence is “outdated” and “unwanted” and can push people into debt. The Department for Culture, Media and Sport, responded by indicating that the fee will remain …
Read More »State pension to rise by 8.5 percent as inflation figure unlikely to beat average earnings | Personal Finance | Finance
The triple lock could increase by 8.5 percent next year after the latest data confirms the average earnings growth between May and July this year. The ONS has published its latest figures for average earnings growth which has been confirmed at 8.5 percent. This is the key figure that is …
Read More »Savers urged to secure high fixed rate accounts as rates above 6% are ‘disappearing’ | Personal Finance | Finance
Savers have been urged to secure any fixed rate deals as they will likely soon disappear. Analysts at investment group Hargreaves Lansdown have warned the days of six percent rates for one-year fixed accounts “are numbered”. NS&I closed to new customers its Guaranteed Growth Bonds and Guaranteed Income Bonds paying …
Read More »Savings: Man only spends £5 a week on supermarket shop and saves thousands a year | Personal Finance | Finance
One man is sharing how he makes big savings by only spending £5 a week on his supermarket shop Christian Amys, 41, from Brighton is an “urban forager” who cuts costs by eating a diet of 50 percent foraged foods. Examples of the type of food he finds include wild …
Read More »Savings: Woman saves £10,000 while travelling Australia for free by looking after pets | Personal Finance | Finance
One woman is sharing how she was able to put away £10,000 in savings while travelling to Australia for free. Hailey Learmouth, 25, from Squamish, Canada was able to accomplish this by staying in other peoples’ homes for free. In exchange for this, the photographer would be looking after her …
Read More »Is this the cheapest Wetherspoons pint of Carling in the UK? | Personal Finance | Finance
Pubgoers face rising prices for their favourite tipple but some Wetherspoons locations continue to offer some very affordable prices. Data from Party and Larder suggests The Wilfred Owen, in Oswestry, is one of the cheapest pubs, offering a pint of Carling for £2.34. Sadly it appears even Spoons has had …
Read More »Check your coins: Britons urged to see if they have these rare pennies worth hundreds | Personal Finance | Finance
People with spare change they are looking to use up may want to check if any of their coins are worth a lot more than their monetary value. Coins that had a limited circulation or that featured a printing error can be sold for hundreds of pounds as to collectors …
Read More »House asking price growth is at its weakest since worldwide financial meltdown of 2008 | Personal Finance | Finance
This year saw the weakest month of October for house sellers’ asking price growth since the 2008 financial downturn. Across Britain, the new seller asking price is only up 0.5 percent, or £1,950, in a month, to £368,231. Usually, buyers spring back to the market after the summer holidays, however, …
Read More »More Britons are falling ill in their 50s than ever. It’s time to make a critical decision | Personal Finance | Finance
We may be living longer but we seem to be getting sicker at a younger age. Stress, poor diet, smoking or drinking too much – they all take their toll over the years. There is a way of protecting yourself against the financial consequences, but too many don’t know it …
Read More »As more Brits pay tax on savings accounts here’s how you could get 5.58% tax free | Personal Finance | Finance
Last month, an astonishing five of the 10 most popular investments were gilts, according to investment fund platform AJ Bell. The site’s head of investment analysis Laith Khalaf said investors are piling into the sector as they anticipate the peak of the interest rate cycle. “DIY investors have been on …
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