news
Latest
-
Revealed: the investment platforms that pay less than 2% interest on cash holdings
News Do you know how much interest the cash balance in your investment portfolio, ISA or pension earns? We lift the lid on the best and worst interest-payers - and what you can do about it.
By Ruth Emery Last updated
-
-
UK economy avoids stagnation with surprise growth
Gross domestic product increased by 0.2% in the second quarter and by 0.5% in June
By Pedro Gonçalves Published
-
Britons selling investments as the cost of living rises
The cost of living crisis is pushing clients to withdraw money to cover essential bills, advisers say
By Pedro Gonçalves Published
-
Paragon raises rate on one-year fixed cash ISA to 5.75%
Paragon Bank ups its one-year fixed cash ISA rate to 5.75% - is it enough to top the table?
By Vaishali Varu Published
-
Homebuilders report slumping profits as housing market stutters
Persimmon has become the latest UK homebuilder to warn on profits and completions as higher mortgage rates cool down the property market.
By Pedro Gonçalves Published
-
RICS: the outlook for house prices is getting worse
The latest data from the Royal Institution of Chartered Surveyors found the outlook for the UK housing market is reaching levels not seen since 2009.
By Nicole García Mérida Published
-
Capital gains tax receipts rise as landlords cash in on property
More and more investors are having to pay capital gains tax, but there are some ways to avoid the tax trap
By Tom Higgins Published
-
Inheritance tax receipts hit £1.2bn
More people are being hit by inheritance tax as rising property prices translates to more estates becoming liable for the tax.
By Katie Binns Published
-
Which is best – buy-to-let or shares?
News Buy-to-let property used to be a great investment, but it’s no longer a sure-fire way to make money.
By Nicole García Mérida Last updated
-
Chase ups savings rates to 4.1% in bid to attract UK savers
Chase savers will soon benefit from an even more competitive interest rate.
By Pedro Gonçalves Published
-
UK house prices: half of sellers cut asking prices to secure a sale
Property price reductions have reached their highest level in at least nine years.
By Katie Binns Published
-
Glencore’s profit suffer as commodity prices slump
Glencore posted record level profits last year, but falling commodity prices have led to a significant drop.
By Pedro Gonçalves Published
-
NS&I hikes Premium Bond prize fund rate to 24-year high
The Premium Bond prize fund rate will go up again next month, hitting its highest level since 1999. NS&I is also raising the interest rate on a range of savings products. We explain what the changes mean for you.
By Ruth Emery Published
-
Abrdn clients pull £4.4bn amid ‘challenging’ environment
The fund manager doubled its share buy-back programme after reporting a “mixed bag” of numbers at the half-year stage.
By Pedro Gonçalves Published
-
Halifax: House prices fall for the fourth month in a row
Higher interest rates have wiped nearly £1,000 off the average UK house price between June and July.
By Katie Binns Published
-
Nationwide to boost savings rates for the fifth time this year
Nationwide is to hike rates on a number of savings products again - we look at what you can now earn and how it compares to the rest of the market
By Vaishali Varu Published
-
Starling Bank hikes fixed savings rate to 5.25%
Starling Bank has hiked the rate on its fixed savings which has shot up from 3.25% to 5.25% - but how does it compare to the rest of the market?
By Vaishali Varu Published
-
Bank of England raises interest rates to 5.25%
The Bank has hiked rates from 5% to 5.25%, marking the 14th increase in a row. We explain what it means for savers and homeowners - and whether more rate rises are on the horizon
By Ruth Emery Published
-
Number of ISA millionaires tops 4,000
The number of ISA millionaires has surged to more than 4,000 - what does it take to hit the seven-figure sum?
By Katie Binns Published
-
Will NS&I hike rates as competition heats up?
News The government-backed bank saw significant outflows in June, which could encourage it to hike rates as it competes for business.
By Nicole García Mérida Last updated
-
August NS&I Premium Bond winners unveiled - have you scooped £1m?
Two lucky NS&I Premium Bond winners are now millionaires in the August draw. Find out here if you are one of them
By Tom Higgins Published
-
Nationwide: House prices fall at fastest rate since July 2009
High borrowing costs continue to undermine the housing market, but some buyers are making their move before rates rise further.
By Tom Higgins Published
-
FCA: Banks with lowest savings rates to face “robust action”
The regulator has unveiled a new 14 point plan that will force savings providers to justify low interest rates on easy access savings accounts - will your savings get a boost?
By Nicole García Mérida Published
-
Lloyds Bank issues Football ticket scam warning - how to avoid ticket scams
The number of fans scammed when buying tickets more than doubled last season, Lloyds Bank has warned. Here’s how to avoid football ticket scams
By Tom Higgins Published
-
Abrdn to fold Gars after fund’s fall from grace
The absolute return strategy had been one of the UK’s most popular funds.
By Tom Higgins Published
-
NatWest exec quits over Farage debanking row
Alison Rose has walked away from NatWest while the government has told banks to better balance customer freedoms with their need to manage reputation
By Tom Higgins Published
-
Number of funds delivering top-quartile results rises
More funds are delivering top-drawer returns as inflation continues to ebb at cash savings. Here are the top performing fund sectors
By Tom Higgins Published
-
Robinhood hires CEO ahead of possible UK launch
Share trading platform Robinhood’s UK launch is a step closer following the hire of Freetrade's former chief
By Tom Higgins Published
-
HMRC launches one week warning for tax credit renewals
News Tax credit customers have until 31 July to submit renewals amid a scam warning from HMRC
By Katie Binns Last updated