Have You Heard the One About the New £1 Coins: Deadline Looms But New Coins ‘Wrongly Returned’
It was supposed to be so easy. The new pound coin was introduced earlier this year, and we all have until the 15th October to spend the old-style coins or trade them in at the bank. It couldn’t be simpler. Well, it seems even the best-laid plans go wrong, if the...
Pensions Cold-Call Ban Could Save Millions
Say goodbye to those unwanted pension salesmen calling you up at all hours of the day – the Government has announced a crackdown on the scams which have cost thousands of savers tens of millions of pounds. The ban on cold-calling and unsolicited text messages and...
The 5 Tips for Making the Most of Your Holiday Money
Summer is here, and for many of us, that means holidays. But holidays are expensive enough, without any nasty charges to your bank account just because you spend money abroad on fun-filled activities and postcards back home. So, if you're heading abroad this summer,...
Beat The Rate Rise
Are interest rates going to go up? Will loans be more expensive in the coming months? Should you take advantage of historically low interest rates now, to protect your finances? As we know, we live in financially uncertain times. Brexit negotiations, a new government...
Can You Really Go Cashless Today?
Last week, Visa announced its desire to free the UK from the scourge of real, actual cash. It has already piloted a scheme in the US that incentivises business that accept card-only transactions, and while it has no firm plans to introduce it here, the company keen to...
Government Plans to Rapidly Increase the Retirement Age
The Government has confirmed that they intend to increase the age of retirement, from 67 to 68, at a faster pace than previously thought. Originally, the intention was to increase the upper age limit by 2044; now David Gauke, the Work and Pensions Secretary has said...
Visa Wants UK to Go Cashless
Are we about to see the start of a serious attempt to turn Britain cashless? If Visa gets its way, the answer is yes. After piloting a scheme over in the US that incentivises businesses to go cashless, the financial services company are keen to bring it to UK shores....
Beware Another Credit Crunch, Lenders Told
Lenders have been warned by the banking sector's watchdog to stay vigilant after highlighting the possibilities of another credit crunch. The Bank of England's Prudential Regulation Authority (PRA) reviewed the stability of all forms of consumer credit, such as loans...