Category Archives: Finance
July 22, 2025
The Self-Employed Pension Crisis: Why 82% Aren’t Saving Enough for Retirement
A shocking 82% of self-employed workers in the UK—including freelancers, contractors, and small business owners—aren’t paying into a pension, putting them at serious risk of retirement poverty, according to NEST Insights. With the full State Pension (£11,973/year) falling short of the minimum living standard (£13,400/year for a single person), millions could face financial hardship in later life. Why Are So Many Self-Employed […]
July 21, 2025
Early Pension Access: Financial Lifeline or Retirement Risk?
The UK government is considering radical pension reforms that could let workers access £1,000+ from their retirement pots early—years before the current minimum age of 55 (rising to 57 in 2028). While this could help struggling households, experts warn it might jeopardize long-term savings. Here’s a balanced look at the pros and cons. How Early Pension Access Could […]
July 20, 2025
Barclays Clears Up Confusion Over £175 Switch Bonus – Who Really Qualifies?
Barclays has clarified its eligibility rules for a £175 cash incentive after customers expressed confusion over who counts as a “new customer.” The offer, designed to attract account switchers, initially seemed restricted to brand-new clients—but there’s an important exception. “New Customer” Rule Explained The bank’s promotion applies to those opening either a: ✔ Barclays Bank Account (with Blue Rewards) […]
July 17, 2025
Labour’s Mortgage Shake-Up: A Recipe for Housing Market Turbulence?
As the Labour government introduces sweeping changes to mortgage regulations, financial experts are sounding alarms about potential risks to both borrowers and the housing market. The proposed reforms could dramatically increase borrowing capacities—but at what cost? The Controversial New Rules Explained Under Labour’s planned overhaul of mortgage affordability tests: Stricter income multiples may be scrapped, […]
Business | Finance | Marketing
July 16, 2025
Best Bank Account Switching Deals for July 2025: Get Up to £175 Free Cash
Best Bank Account Switching Deals for July 2025: Get Up to £175 Free Cash With banks competing fiercely for new customers, July 2025 brings some of the most generous current account switching bonuses we’ve seen this year. Barclays has just launched a market-leading £175 incentive – but is it the right deal for you? We […]
July 16, 2025
Thousands of UK Savers Hit With Unexpected Tax Bills – Are You Affected?
HMRC has begun issuing surprise tax demand letters to British savers, with experts warning that those with just £3,500 in savings could face unexpected bills. The tax authority is cracking down on unpaid savings interest tax as the new financial year begins. Why Are People Receiving Tax Demands? HMRC’s sophisticated systems automatically track interest earned across bank […]
July 13, 2025
State Pension Age Change: What You Need to Know About the 2026 Transition
The Department for Work and Pensions (DWP) has confirmed a major shift in the State Pension age, with the threshold gradually increasing from 66 to 67 starting in 2026. This change will affect millions of Britons, particularly those born between April 1960 and April 1977. Here’s what you need to know about how the transition will work—and when you can expect to […]
July 11, 2025
Rare Paddington Bear 50p Coin Listed for £10,000 – But Is It Really Worth It?
A Paddington Bear 50p coin has appeared on eBay with an eye-watering £10,000 price tag, sparking excitement among collectors. But before you start rummaging through your spare change, experts warn that this “rare” coin might not be as valuable as it seems. The Paddington Bear 50p: What Makes It Special? Released by the Royal Mint in 2018–2019, this commemorative coin celebrates 60 years of […]