Even when interest rates are low as they are now, your ISA allowance is something worth taking advantage of. When the government is allowing you to save £20,000 tax free each year, it’s a valuable opportunity. But some people still worry about whether they should use ISAs. Here are the myths – and why you should […]
If you’re relying on a cash ISA for any part of your savings strategy, now could be time for a re-think. Whilst back in 2012 a cash ISA could have earned you over 3%, today you’ll be lucky to get much over 1%. It’s especially important if you’re saving for something that’s likely to get […]
Whether you’re saving for a dream holiday or something longer term, individual savings accounts (ISAs) are a great way to do it. The reason is simple: you pay no tax on any interest or income that your savings earn. In this tax year, (to April 2018) your tax-free ISA allowance is £20,000. You don’t need […]
Pensioners now earn more than workers, but will this only be possible for the baby boomers? Emily looks at the numbers behind the headlines.
Is your ISA working hard enough? If the interest rate is low it might be time to consider transferring it, but there are a few things to watch out for.
This week Emily looks at the trade deficit between the US and Germany to see if the Euro is undervalued, and the impact this could have on UK investors.
Following the Brexit vote, the majority of Brits made no investment changes. However, those who sought advice, particularly 18-24 year olds, saw an increase in portfolio value. For many people across the UK, June’s EU referendum result was a bit of a shock. Initially, there were tremors in the financial markets due to the uncertainty […]
By taking full advantage of the tax breaks on offer, could you become an ISA millionaire? Across the UK, there are a small, but rapidly growing, number of ISA millionaires. After years of saving and investment and taking full advantage of the tax breaks on offer, they have gradually built up their wealth and can […]
UK GDP grew by 0.6% in the fourth quarter of 2016, but what’s next for the UK economy? Emily explores the figures in the context of inflation.