Every new law, regulation or budget proposal creates winners and losers. In the case of the new state pension programme, the Pension Policies Institute (PPI) think tank speculates that the losers are younger workers, the vast majority of whom will get less out of the new system than the older one. The switchover to the… More

There are many good reasons to buy a house, one being that it is becoming ever more expensive to be a renter. According to the Association of Residential Lettings Agents, first-time buyers looking to purchase a house in 2017 will have already spent an average of £52,900 on rent – a cost that will add… More

If you aim to get onto the property ladder in the UK, you have your work cut out for you, as a host of challenges await first time house buyers. And if you have aspirations for buying in London and aren’t rolling in money, you may be out of luck. In a January 2016 story… More

Even the most solidly built and best-maintained car will eventually wear out, and the day will come when you need to replace yours. Maybe that time is quickly arriving for you, and you’re in a panic, wondering just how you’re going to pay for your next set of wheels. Or perhaps you’re thinking of buying… More

In early August 2016, the Bank of England finally made the announcement that had long been predicted and had been the topic of nearly endless speculation: a cut in interest rates to a new record low of 25 percent. Not surprisingly this decrease is generally considered to be good for borrowers (particularly those who have… More

In the years since the financial crisis, there have been numerous changes in the banking and mortgage industries in the UK, presumably to lessen the risk of another similar catastrophe. But certain alarming financial trends, such as a surge in consumer debt over the past few years, have prompted many to wonder if we’re headed… More

Now that all of the screaming and hollering about Brexit has quieted down somewhat… well actually it hasn’t. There’s still quite a lot of shouting going on, for the vote on 23 June was not an end but rather a beginning of a new era of uncertainty (and that’s putting it mildly). The plummeting pound… More

William Shakespeare had some pretty pithy things to say about money and debt. Do his words hold up in today’s economic climate? And how do modern attitudes towards money and indebtedness affect the way people handle their personal finances? The year 2016 marks the 400th anniversary of Shakespeare’s death (the exact day being May 3,… More

Despite the improvement in the economy over the past couple of years, many people are still struggling financially. Even many of those with full time jobs can find themselves in a serious cash crunch. And if they have poor credit, as so many people do, they may turn to short term, high interest loans –… More

In an economic picture that is still somewhat bleak overall, one of the recent bright spots for UK motorists has been a lower price at the pumps. Though many Britons are still struggling to get by and are taking on additional jobs or borrowing money in order to make ends meet, at least we can… More