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The Latest Breaking News from Moneybox

Government must not ruin LISA's huge success story for young savers

Since 2021, the Lifetime ISA has delivered a £1bn net boost to the Treasury with revenues consistently outweighing the cost of government bonuses.

Evening Standard

Raise the £450k LISA limit to give London's first time buyers a helping hand

There is a strong case for committing to an annual review of the property price cap to ensure it keeps pace with the ever-changing market

Evening Standard

Rachel Reeves under pressure to save cash ISAs after building societies pen open letter to chancellor

The current £20,000 annual limit is expected to be cut but experts say it won’t prompt wider investment

The Independent UK

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Investing apps: which offer the most for beginners?

‘Robo-adviser’ platforms use tech to help manage your money – here’s how the most popular ones stack up

The Guardian - UK

Ways to ‘get clarity’ over finances suggested as 22% of people feeling downbeat

Concerns about the economy and not having enough money for savings were among the reasons for people feeling the financial strain, Moneybox said.

The Independent UK

Women ‘risk emptying their private pension pots a decade earlier than men’

Some female retirees could end up with a 14-year shortfall between their private pension funds running out, and the end of their life, L&G said.

Evening Standard

The average age women can expect to empty their pension pot – and why it is younger than men

Some female retirees could end up with a 14-year shortfall between their private pension funds running out, and the end of their life, L&G said.

The Independent UK

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We love dear LISA but she is in need of a makeover

The property price cap of £450,000 needs to be updated annually

Evening Standard

What are the best high interest rates on savings accounts? How to make your money work for you

Leaving all your spare cash in your current account is easy to do – but you’ll miss out on gains that can help you beat inflation

The Independent UK

The Government has a duty of care to London Lifetime ISA savers. Will it take action?

City Voices: The LISA product rules haven’t been updated since 2017 - even though affordability now varies dramatically across the country

Evening Standard

London fintech Moneybox shelves customer crypto investing plans

Moneybox has shelved its plans to introduce crypto products to customers as the London fintech distances itself from digital assets amid market volatility and cost-of-living pressures.

Evening Standard

Bristol is named the UK "hotspot" for Lifetime ISAs, according to study

It's official - Bristol is the number one UK "hotspot" for Lifetime ISAs - with first-time buyers increasing in the city by 13%

Daily Mirror

Brits could get as much as £1,000 of 'free money' a year - with specific savings account

A Lifetime ISA account pays out a 25% bonus on savings of up to £4,000 a year - but just 3% of adults are contributing to a LISA

Daily Mirror

Brits miss out on £1,000 of 'free money' a year - by not using savings account properly

A Lifetime ISA account pays out a 25 per cent bonus on savings of up to £4,000 a year - but just three per cent of adults are contributing to a LISA

Wales Online

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The Independent UK

Brits choose to invest money despite the pressures of the financial crisis, study reveals

A study has found despite the ongoing cost-of-living crisis one in three Brits are focused on growing their wealth over time

Daily Mirror

Three in ten Brits are better at managing their money now - due to cost-of-living crisis

A third of Brits chose to invest their money last year, with two-thirds of those doing so for the first time - and 35% plan to invest this year

Daily Mirror

Exactly how much your disposable income has dropped by since last year

Everyone has had to tighten their financial belts over the last year but exactly how much is the UK spending now compared to before the cost of living crisis started to rear its head

Wales Online

Cost-of-living crisis affects millennials more than any other generation, study finds

Millennials are feeling the sting of the cost-of-living crisis more than any other generation - according to study.

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The Independent UK

Millennials feel harder hit by cost of living crisis than any other generation

A third of millennials may be forced to reduce their pension contributions

Daily Mirror

Cost-of-living crisis affects millennials more than any other generation, study finds

Millennials are feeling the sting of the cost-of-living crisis more than any other generation - according to study.

Birmingham Post

Uber UK and Moneybox chair to help lead technology company after US private equity firm deal

Laurel Powers-Freeling has previously held top positions at M&S Bank, Lloyds Bank and American Express

Daily Mirror

More than three in five homeowners say they were 'winging it' when they bought

A study of 2,000 homeowners found 61 per cent were underprepared due to a lack of knowledge about the process

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