The Latest Breaking News on Personal Finance

UK homeowners still better off than renters despite spike in interest rates

Average monthly cost of owning 3-bed home is £500 a year less than renting, but the gap is narrowing

The Guardian - UK · Mar 15, 2023

Home-owning still cheaper than renting overall but difference reduced – study

The average difference of around £500 per year between buying and renting has fallen from a peak in 2016, Halifax said.

The Independent UK · Mar 15, 2023

Martin Lewis issues 'unpleasant' warning to all couples living together in the UK

The MoneySavingExpert founder explained how you have no control over where your assets go after you die unless you have a will in place - this could mean the state decides what happens to your finances

Daily Mirror · Mar 14, 2023

Microwaves get a bad rap but for me they’re the hub of the kitchen

A go-to for dishes in need of quick heat, Indomie noodles and melting anything, microwave cookery can make heating on the stove feel positively antediluvian

The Guardian - AU · Mar 14, 2023

Pension savers call for Annual Allowance to rise in line with inflation at Spring Budget

The vast majority of pension savers also want to see higher combined Auto-Enrolment contributions.

Daily Record · Mar 14, 2023

Millennial Money: Job plus a side gig? Avoid these mistakes

It’s the first quarter of the year, and many people may be interested in starting side hustles for extra income or to finally pursue their entrepreneurial dreams

The Independent UK · Mar 14, 2023

'We gave up our flat to live in a converted van - we'll save £18,000 a year'

The couple initially lived in a 29 square metre studio flat in Hayes, west London, where they were paying around £1,500 in rent and bills each month

Daily Mirror · Mar 14, 2023

Young people urged to check for unclaimed £2,000 in UK Government savings account

Child Trust Funds were set up for every child born between September 1, 2002 and January 2, 2011.

Daily Record · Mar 14, 2023

What is the lifetime allowance for pension savings and why is being scrapped?

Sir Keir Starmer describes the Spring Budget move as a ‘permanent tax cut’ for the wealthy

Evening Standard · Mar 14, 2023

Thousands of teenagers owed money from child trust funds that is still waiting to be claimed

Many young people have not claimed money invested for them in child trust funds and there are concerns the accounts could be forgotten

Chronicle Live · Mar 14, 2023