Insurance costs for this type of property skyrocket – and it’s all thanks to wet weather | Personal Finance | Finance

Historic thatched cottages that make a pretty addition to many British towns and villages could become too costly to maintain as insurance premiums are being sent through the roof by extreme wet weather. Owners of the beautiful properties are facing increases of 56 percent to ensure their roofs, with a cost now around £2,000 compared to a national More...

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By On Saturday, February 17th, 2024
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Seven ‘easy’ ways to beat the tax man before April – but ‘be aware’ of certain rules | Personal Finance | Finance

Seven ‘easy’ ways to beat the tax man before April – but ‘be aware’ of certain rules (Image: Getty) There are several personal allowances people can make the most of to protect more of their More...

By On Friday, February 16th, 2024
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Spring Budget 2024: From Income tax to stamp duty – what could Jeremy Hunt announce? | Personal Finance | Finance

This Spring budget is March 6 (Image: Getty) The Chancellor of the Exchequer, Jeremy Hunt has less than three weeks to go until the Spring Budget. Households will watch the Budget keenly for any changes to More...

By On Friday, February 16th, 2024
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DWP faces fury as pensions minister confirms expats won’t get frozen payments uprated | Personal Finance | Finance

The DWP has no plans to uprate frozen state pension payments to half a million British expats, pensions minister Paul Maynard has said. Tory MP for Delyth Rob Roberts told Mr Maynard it was a “matter of More...

By On Friday, February 16th, 2024
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Train ticket prices surge by more than £100 for single journey in ‘eye-watering’ rise | Personal Finance | Finance

The price hikes were revealed by analysis of tickets sold by Government-owned operator LNER (Image: Getty) A trial to simplify train fares is adding more than £100 to the cost of some journeys on one of More...

By On Thursday, February 15th, 2024
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UK enters recession – what it means for your pensions, savings and mortgage | Personal Finance | Finance

Families have been urged to revisit their finances as the UK has gone into recession. GDP fell for the second consecutive quarter in the final quarter of 2023, dropping 0.3 percent from October to December. Karen More...

By On Thursday, February 15th, 2024
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Inheritance tax explained: Rules on leaving your home or money to a spouse or partner | Personal Finance | Finance

Individuals can pass a home to their husband, wife or civil partner when they die. There’s no inheritance tax to pay if one does this. This exemption applies regardless of the size of the estate being passed More...

By On Thursday, February 15th, 2024
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Broadband charge hike of £50 set to hit in spring – check if you can avoid the rise | Personal Finance | Finance

Virgin Media O2 has informed its customers that bills will rise from April 1. Customers will see their bill increase by an average of £4.16 per month, or £49.92 a year. A Big Bundle customer currently paying More...

By On Thursday, February 15th, 2024
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Britain enters recession as GDP falls for second consecutive quarter | Personal Finance | Finance

The latest GDP figures indicate the UK economy has gone into recession. GDP is estimated to have fallen 0.3 percent in the fourth quarter of 2023, from October to December, after a 0.1 percent fall in the previous More...

By On Wednesday, February 14th, 2024
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Thousands could be better off by £7,000 after one simple 10 minute check | Personal Finance | Finance

Britons are missing out on vital extra income as over £100 million is found in just one year by individuals who made the check. New figures from Christians Against Poverty (CAP) reveal that 15,000 people could More...