[ The UK stock market hit a record high on Tuesday, helped by a weaker pound and positive corporate updates. The FTSE 100 gained 0.5 per cent to 8,059 points, surpassing its previous peak of 8,047 points in February 2023. Economists and traders are also hoping that UK interest rates, which sit at 5.25 per … Read more
[ In our weekly series, readers can email in with any question about retirement and pension saving to be answered by our expert, Tom Selby, director of public policy at investment platform AJ Bell. There is nothing he doesn’t know about pensions. If you have a question for him, email us at [email protected]. Question: I have a defined … Read more
[ A raft of financial changes are set to be ushered in throughout April and the start of the new financial year, with many costs rising and putting extra pressure on household bills. Council tax, road tax, utility bills, broadband and mobile contracts, and water bills are all set to rise as firms roll out … Read more
[ A reader, who looks after their disabled son alongside their wife, has found it difficult to understand how much income tax to pay on their Carer’s Allowance March 29, 2024 6:00 am(Updated 6:01 am) A carer wants to know when he is expected to pay income tax (Photo: Dominic Lipinski/PA) Are you in financial … Read more
[ Four in five over-fifties do not think the state pension is enough for them to live on, according to a report on economic hardship in retirement. Data commissioned by charity Independent Age, and collected by Yougov, revealed that more than a third (41 per cent) of over-fifties are worried about living in economic hardship … Read more
[ Labour will commit to the future of the triple lock on the state pension in its general election manifesto, i understands. The party is set to confirm that if it is elected, it will continue to increase the state pension each year by the same level as inflation, average earnings growth or 2.5 per … Read more
