Personal finance

How hike in interest rates will hit Britons

After many speculations, The Bank of England’s (BoE) Monetary Policy Committee has doubled the interest rates to 0.5% from 0.25% on 3 February,...

Why work from home tax relief is being reviewed?

Highlights The work from home tax relief could be closed in the UK after it cost Treasury around £500 million during the pandemic. The terms a...

How can you boost your credit score?

Highlights Credit score is a numeric summary of your credit records.   Maintaining a good credit score can help you in getting loans,...

5 key personal finance tips for 2022

Highlights Experts believe that 2022 may came up with higher bills, rising interest rates and taxes that will affect your monthly budget drasticall...

How can you boost your income in 2022?

Highlights Everyday expenses are soaring because of rampant inflation, supply chain crisis and increasing bills, interest rates and taxes. Experts...

8 investing tips by Warren Buffett you can follow in 2022

Highlights Warren Buffett is an ace investor of all time and has a net worth of US $107 billion as of 24 December 2021. Buffett manages Berkshire...

What are the growing cybersecurity trends in Australia?

As the world has transitioned into a new normal, cybercrimes are becoming more and more frequent with sophisticated tactics. With increasing in n...

Why Christmas won’t be the same this year?

Highlights The Boris Johnson government has already reintroduced the new Covid measures and announced a plan B measure. The government is hopeful...

How credit card rates have changed over the years

Highlights The Bank of England has recently announced rise in the average annual interest rates on credit cards to 21.49%, as compared with the bas...

Is investing a better option than shopping on Black Friday?

Highlights Black Friday is a day just after the US Thanksgiving holiday, when businesses offer great deal and discounts on the sale. It is consid...

Is UK pension system flawed?

Highlights The UK’s state pension system has been declared as the world’s third worst, offering only 28.5% of pre-retirement earning....

How ‘Buy Now Pay Later’ schemes can create serious debt issues

When it comes to the festive season, most companies and retailers opt various ways to lure people to spend, spend, spend. But many experts have said t...

Why are bank frauds rising in the UK?

Fraud in the UK has risen to an alarming level that it has become a national issue especially during the pandemic times. According to the Financial Om...

Why fixed-rate savings accounts are soaring

Highlights The demand for the fixed rate products has almost doubled in six months, as Savers are chasing for a decent return on their investments...

How GenZ is investing in stocks, cryptos

Highlights Around 16% of British Gen-Zers started investing for the first time during the pandemic as per a Halifax survey conducted earlier this y...

What are the hurdles in buying an electric car now?

Highlights A group of 24 countries and leading car manufacturers have committed to phase out fossil-fuel vehicles by 2040 in a bid to cut carbon em...

How soaring inflation would affect pensioners

Though UK Chancellor Rishi Sunak failed to mention about pensioners in his autumn budget speech last week, experts feel pensioners will be the worst-h...

Should you invest in green savings bonds?

Despite being offered at one of the worst rates on the market, the world's first green savings bond is on sale now with National Savings and Inve...

Why inheritance tax is the most hated tariff in Britain

Highlights Inheritance tax has been placed as the most hated tax in the Britain. This year, Inheritance tax accounted for just £3.1 billion...

Autumn Budget 2021: 6 ways it will impact your personal finance

Highlights  Chancellor Rishi Sunak gave his recent budget speech addressing the concerns related to rising cost of living. The universal cred...