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The Money section of Finance Monthly is your comprehensive guide to all things finance, from managing debt to smart investing. This section offers a wealth of resources for individuals seeking to enhance their financial literacy and take control of their finances. Written by experienced contributors, these pieces are designed to help you make informed decisions, maximize your financial resources, and navigate the complexities of the financial world with confidence.

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Reform pledges mean this for the economy

18th June 2024
Today is the last chance to register to vote ready for the July 4th election and below we have the latest manifesto pledges from the Reform party, led by Nigel Farage. The pledges below focus on the  financial changes and how they plan to change the economy if they come into parliament this year.   […]
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The cost of your favourite TV shows

17th June 2024
Streaming platforms are increasing in success, popularity and therefore revenue as this is the new norm of watching any form of entertainment. Netflix dominates this industry with a staggering 270 million subscribers, outperforming, Amazon Prime, Disney + and others. Paid users have risen 16% adding 9 million more this year. Netflix report their revenue at […]
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Is Tax avoidance a big problem in the UK?

14th June 2024
The political parties have stated their plans to clamp down on taxing the wealth and setting in place extra regulations to stop tax avoidance. But why does this need to happen, how common is tax avoidance in the UK?   Tax Avoidance and Evasion Statistics There is a £4.6 billion tax gap which is due […]
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The price Foo Fighters fans pay and the risk of resale!

14th June 2024
Foo Fighters are in full swing of their Everything Or Nothing At All 2024 tour to mark their 11th album and their first show since Taylor Hawkins, their drummer died in 2022. Their tickets sold out in minutes after their release with fans waiting in online queue for hours in hopes of a chance to […]
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Rishi Sunak is rich, but is Keir Starmer rich too?

13th June 2024
As the UK election passes the halfway point, much of the focus has been on tax cuts and the economy, aside from Rishi Sunak's notable decision to leave the D-Day remembrance services early. With both leading parties trying to make the election about policies rather than personalities, it's hard to overlook just how much money […]
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What is GDP?

13th June 2024
Trying to be informed about finances and the economy can become challenging when abbreviations are used and not explained.   GDP stands for Gross Domestic Product. This has become an abbreviation used to reference a point for the health of national and global economies. So, when GDP is growing this will mean workers and businesses […]
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Green party promises for the economy

12th June 2024
The Green Party Promises   Taxes Raise National insurance to 8% for people earning over £50,270, this would affect less than 5m people. Someone earning £55,000 will pay £5.46 more a week or £283.74 a year.   Introduce a 1% wealth tax on assets over £10m and 2% for those over £1bn.   The promised […]
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How much National debt does the UK have?

12th June 2024
How much debt does the UK have? In the year ending March 2024, the ONS reports that the government borrowed £121.4bn. The report showed that the government borrowed £7.3b more than the £114.1b forecast by ONS. Overall, National debt has reached levels of £22.7 trillion which has been built up over the years. ONS report […]
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What is Stamp Duty and how much do I pay?

12th June 2024
When you buy a residential property such as a new home you will have to pay stamp duty, a tax to transfer the ownership of the property. Stamp duty is another part of buying a house you need to be aware of and make sure you know how much you have to pay.   How […]
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The Conservative manifesto affects you

11th June 2024
Today, the Conservative party have announced their manifesto with Rishi Sunak stating their pledges for their time in parliament if they are voted in on July 4th.   The pledges which could affect you   If you're planning to buy a home Reviving the Help to Buy scheme for first time buyers. The government will […]
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The dangers of underestimating the minimum cost of retirement

11th June 2024
More than half of Brits are in the dark or ‘dangerously underestimating’ the minimum cost of retirement How much you will need to live on when you retire is a question that can often lead to uncertain answers, and a recent study conduced by pension provider Pension Bee has found that it confuses many. A […]
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What happened to the Renters' Reform Bill and will the general election change anything?

6th June 2024
The Renters’ Reform Bill has been seen by many as a silver bullet to rebalance the relationship between renters and landlords, but it will not be rubber stamped before the general election on 4 July. Last month before the surprise announcement of the election the bill reached the House of Lords, but later it was […]
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