Finance

Millions of Brits are worried about the cost of Christmas this year, with half revealing they plan to borrow money just to cover expense, a study found. While most will budget just £449 for the festive period – the reality is that we’ll each spend up to a whopping £1,086 on presents, food and drink, hosting friends and family, travel and accommodation. Researchers polling 2,000 individuals found that one in three have considered taking out a credit card, loan or...

The pound is shackled by Brexit drama, is locked in a holding pattern, and nothing is currently priced in, warns the CEO of one of the world’s largest independent financial advisory organisations. The warning from Nigel Green, founder and chief executive of deVere Group, comes as sterling remains vulnerable to every twist and turn to the political saga over the UK’s exit of the European Union. Mr Green comments: “The pound has been and remains the primary market bellwether since...

The warning came after four gangsters were jailed for 15 years after tricking Chinese students into giving them access to their bank accounts.

The near future of the global economy looks "extremely bleak," according to state of the art statistical analysis of the influential S&P 500 stock market index by nuclear scientists

The Government has accepted the LPC's recommendations for future minimum wage rates. The rates below will apply from 1 April 2019. Responding to today’s Low Pay Commission report on wages, Young Women’s Trust chief executive Dr Carole Easton OBE said:“The Government should go further than adopting the Low Pay Commission’s recommendations and extend the ‘national living wage’ to all workers. Allowing employers to pay young people lower wages for no other reason than their age, as the Government is doing,...

Three quarters of Brits are worried about their current financial situation, a study has found. Researchers found a large percentage of the nation fear they don't have enough money to see them through a sudden crisis such as a large, unexpected bill. Others are concerned they would face almost immediate ruin if they were to lose their job or be struck down by ill health. It also emerged around one in five have no savings whatsoever to fall back on...

One of Britain's top money saving experts last night published a series of Black Friday hacks the country's biggest stores didn't want shoppers to know about. Retailers are expecting a cash bonanza of up to £8 billion this weekend as Black Friday rolls into Cyber Monday - but there IS a way shoppers can 'beat the system' to bag the biggest deals. According to Bradley, placing products in your basket the day before and clearing your internet browser history guarantee...

One in five Brits now never carries cash, a study has found. Researchers who polled 2,000 UK adults found many are now opting to pay using different methods such as chip and pin and smartphone payments. Half believe cash is 'on the way out' and will ‘soon’ be superseded by alternative ways of paying for goods and services. Three quarters revealed they now expect ALL retailers to accept cash payment alternatives. The research was commissioned by First Bus, which accepts...

Over half of young Brits are living ‘hand to mouth’, according to a study. Researchers who polled 2,000 adults aged 21-38 found many would struggle to get by if they were to find themselves out of work suddenly. According to the data a whopping 41 per cent of their income is spent on rent or mortgage and bills, while another £160.71 goes on food and groceries every month. That means overall £1,928.52 a year goes out of their bank account...