Bank of England’s negative interest rate warning leads savers to reconsider money left in banks

26 Mar 2021

According to a new study, British savers are concerned that their savings could be devalued if the Bank of England (BoE) were to introduce negative interest rates. Recommendations from the Bank of England to banks to prepare for negative interest

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UK economy shrinks by nearly 10 per cent in 2020

26 Mar 2021

The latest figures from the Office for National Statistics (ONS) show that the UK economy, as recorded by gross domestic product (GDP), fell by 9.9 per cent during the last year. This is a record yearly contraction and more than

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A higher minimum pension age – how it could affect your retirement plans

26 Mar 2021

The Government is currently consulting on increasing the normal minimum pension age, whereby people can access their pot tax-free, from 55 to 57 in 2028. Within the consultation documents put out by the Treasury, the Government has said that raising

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Post Brexit London set for big business influx

19 Mar 2021

With the recent piercing spring frosts and winter cold reflecting the bitter, prospective doom of ruinous post Brexit ramifications, it must surely raise hope when good news is pronounced and Britain can allow its stoic determination to be intelligently optimistic

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Generation X, retirement tips

12 Mar 2021

The world of online encyclopaedic resources does present some interesting definitions at times, including this quote regarding Generation ‘X’ – “the demographic cohort following the baby boomers and preceding the millennials”, characterised as “cynical and disaffected but active, happy, and

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Budget summary 2021

5 Mar 2021

In the year since the Chancellor, Rishi Sunak, delivered his first Budget to a packed Commons chamber in March 2020, more than 135,000 people in the UK have died from Coronavirus, there have been three national lockdowns, the economy has

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