Welcome to Banking and Savings - for insightful guidance on maximizing your financial potential. This dedicated space offers in-depth knowledge on various banking products, savings strategies, and the latest in financial technology innovations.
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Whether you're seeking the best savings accounts, exploring high-interest options, or looking for secure and efficient banking solutions, our resources aim to equip you with the tools and knowledge for effective money management and achieving your saving goals.
If you are trying to save money and need some extra tips then the 50-30-20 rule could be super helpful to create a budget. With this rule you will be splitting your income up and assigning each pot of money to a selected category. This rule will work best if you have a separate savings […]
The PSR conduct research to discover which banks were subject to the most fraud as well as the rate at which reimbursement was provided to customers. UK Finance has found that APP fraud in the first half of 2023 came to a total of £239.3m and there was only £152.8m returned to the victims. APP […]
In a bold move aimed at incentivising individuals, particularly healthcare professionals, to extend their working years, the UK government announced the abolition of the Pension Lifetime Allowance (LTA) in the 2023 Autumn Statement. Set to take effect from April 6th, 2024, this decision seeks to encourage more people, especially doctors, to remain active in their […]
While it’s great that you might be able to file a personal injury claim after being injured in an accident, during this time of uncertainty, you’re sure to have several financial concerns. And that’s the last thing you need when you’re recovering – physically and mentally – from your injury. But medical expenses can pile […]
Have you ever thought about how much technology has transformed our lives? Think about it - from smartphones that can do practically anything to those handy little gadgets that control our homes with just a voice command. It's pretty wild, isn't it? And one industry that's been at the forefront of this technological revolution is […]
Personal Finance Impact of a Labour Government. It’s highly likely to be election year this year and if the polls are accurate then Labour are in the driving seat to form its first government for 14 years with Sir Keri Starmer as prime minister, which could mean some significant changes for your investments and pensions. […]
The amount that you can earn before child benefit payments are withdrawn has been increased in the Spring Budget, meaning that more families will be able to claim the benefit. As of April 6, the High Income Child Benefit Charge (HICBC) threshold will increase up to £60,000. It’s a tapered charge, so for every £200 […]
If you are struggling to manage your grocery bills while juggling a busy schedule, you are certainly not alone. Fortunately, that’s where subscription meal prep services offer a smart solution. By delivering ingredients directly to your door, they save time and often money, compared to traditional shopping. This post dives into how these services can […]
From April 6 many employees will benefit from the 2% reduction in class 1 national insurance contributions that was announced by the chancellor in the Spring Budget, so just how much better off is this going to leave you? The measure introduced by the government cuts this rate of national insurance down to 8% from […]
Many people across the UK are living on a financial cliff edge with increasing debt problems as the cost of living pressures have taken their toll, so where can you go to receive free debt advice to try and ease any increasing money worries? More than eight million people now need debt advice and over […]
If you have decided that your child is ready for their first bank account and ready to learn about financial responsibility then below are some great options for junior bank accounts.
A sudden personal injury accident doesn't just wreak havoc on your physical well-being; it casts a long shadow over your finances. In the wake of such an event, managing skyrocketing medical bills, legal fees, and the pinch of lost income demands a tactical approach. It's about crafting resilience through informed decisions—a financial bounce-back by design. […]
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