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Examples of where inflation eased last month – and where it accelerated

Examples of where inflation eased last month – and where it accelerated - Prices fell faster in December than November for a handful of household essentials, including carpets, lighting equipment and irons.

Eight key things to think about if you are buying a home in 2025: Paperwork, credit checks and more

Eight key things to think about if you are buying a home in 2025: Paperwork, credit checks and more - With a bumper crop of housing transactions currently going through the pipeline, experts explain some factors for house hunters to consider

Why the Lloyds share price surged 6.3% on Wednesday

Inflation coming in lower than expected caused the Lloyds share price to jump 6.3% on Wednesday. But should long-term investors be paying attention? The post Why the Lloyds share price surged 6.3% on Wednesday appeared first on The Motley Fool UK.

Martin Lewis urges households to act now as he shares top tips to slash bills in 2025

Martin Lewis urges households to act now as he shares top tips to slash bills in 2025 - Money can be shaved from many bills in 2025, the money expert says

Threats to Europe accelerate the return of cash

While the future of cash seems uncertain, with a general trend towards reduced use, its total disappearance isn't yet on the agenda. The proof is in the Netherlands, Norway and Sweden... In the face of the Russian threat and cyber-attacks, Sweden, Norway and the Netherlands explicitly, but also other European countries indirectly, recommend that their citizens stock up on cash to be able to make cash payments if necessary. In Sweden, four out of...

How to make pension contributions to lower your tax bill

It’s no secret that people’s finances are creaking under the weight of a giant tax burden. We are on course for tax revenues to hit the highest level, relative to the size of the economy, since the 1940s, according to the Office for Budget Responsibility. Around 2.4 million people will be pushed into a higher tax bracket this year, with another 4.2...

The ‘ruthless’ spending cuts that could save Britain from economic disaster

Ahead of the Budget, Rachel Reeves was clear: “There won’t be a return to austerity,” the Chancellor told BBC Radio 4’s Today programme. “There will be real-terms increases to government spending in this parliament.” It was a promise she followed through with in her record tax-raising Budget, which increased public spending by £70bn a year. Fast fo...

How tax on personal savings works

Putting money aside is an effective way to save for special occasions or to build a rainy day fund in case of emergencies, but earn too much and the taxman may come calling. Depending on how much you earn and your personal tax band, there are a few allowances on savings that mean you can earn interest without having to worry about HMRC. But some al...

Men exhibit stronger sunk cost bias than women when mating motives are activated

Men are more prone than women to exhibit sunk cost bias—the tendency to persist with an investment despite its disadvantages—when exposed to romantic cues, according to new research published in the Journal of Consumer Research. Surprisingly this effect is not limited to romantic contexts but also extends to consumer behavior, suggesting that deep-...

Nationwide, Lloyds, NatWest and Santander customers alerted to £252 payments

Millions missing out on free cash and told how they can bag a bonus

How to try and turn a small ISA into £200k, starting in 2025

Edward Sheldon highlights a simple three-step savings and investment plan that could help investors grow their ISA balances significantly. The post How to try and turn a small ISA into £200k, starting in 2025 appeared first on The Motley Fool UK.

The drop in inflation is good for your mortgage – but don’t celebrate just yet

The drop in inflation is good for your mortgage – but don’t celebrate just yet - Analysis: Milder inflation has brought hope that the Bank of England may lower interest rates, saving borrowers vast sums on loans and mortgages

Europe's largest economy is facing a possible third consecutive year of recession

Forget this week's minor decrease in the UK inflation number.

Trump-fuelled stock market rally sends Wall Street profits to record highs

Wall Street’s biggest banks posted record profits after Donald Trump’s election triumph triggered a US stock market trading frenzy. JP Morgan reported a $58.5bn biggest annual profit on Wednesday, the largest in US banking history and beating its previous record of $49.6bn in 2023. Goldman Sachs’s annual profits also rose by 68pc to $14.3bn after a...

Average UK savings by age revealed – see how you compare

How Much Is A Plane In 2021 - Aircraft Prices & Why It Doesn't Matter

In this video, I'm going to tell you how you can buy a commercial plane, how much it costs and why that may not be the best idea. There are some pretty crazy price differences and some planes are effectively worthless despite costing half a billion dollars - so buckle up and let us go shopping!

20 celebrities who have made bank as business owners

Being famous doesn't always mean you're rich, but these 20 celebrities are both. And they didn't just earn money from their talent. They're also very successful business owners.

Should you offer kids money for good grades? Here's what psychologists think

As exam season approaches, some parents are putting hundreds of pounds aside to reward their children if they achieve certain grades.

Money transfer firm CAB Payments to lay off about 20% of its staff

(Reuters) - British money transfer group CAB Payments said it would cut about 20% of its jobs as it aims to slash costs, and invest in artificial intelligence and automation amid weak trading and higher national insurance contributions by employers. "We can do more with less," CEO Neeraj Kapur said in a statement on Thursday. The company said its performance since October has been hit by a

Italy has no plans to strengthen golden power rules on financial sector

By Giuseppe Fonte and Valentina Za ROME (Reuters) -Italy has no plans to strengthen its "golden power" legislation to intervene in mergers and takeovers in the financial sector, Economy Minister Giancarlo Giorgetti said on Wednesday. The golden power rules, designed at the European Union level to fend off unwanted non-EU buyers, were expanded during the COVID-19 pandemic to shield companies

I've saved £100k by 32 - but it's come at a cost

If I don’t need it, I don’t do it.

Bank of England's Taylor says it's time to cut interest rates

By Andy Bruce LEEDS, England (Reuters) -The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan Taylor, the BoE's most recently appointed interest rate setter, said on Wednesday. Taylor, an economics professor, voted to cut rates in November - when Bank Rate was cut to its current level of 4.75% - and again in December when the

Inheritance tax tangles and pension pot worries - what YOU asked our financial planning experts this year

Our financial planning channel has exploded in 2024 as a tough economic climate and change of government put our finances into firm focus.

Edmunds: The five biggest mistakes people make when buying a new car

Edmunds: The five biggest mistakes people make when buying a new car - Car-buying mistakes are easy to make, especially if you’re in a hurry or have fallen in love with a particular vehicle

The Impact of Renewable Energy on the US Economy

The Impact of Renewable Energy on the US Economy Get more from ClimateCosmos! What do you think about this topic? Share your thoughts in the comments below — we’d love to hear from you! Want more stories like this? Follow us and never miss out!

2 beaten-down shares to consider for a Stocks and Shares ISA in 2025

These high-quality businesses have suffered recent share price setbacks. This writer thinks they're now worth considering for a Stocks and Shares ISA. The post 2 beaten-down shares to consider for a Stocks and Shares ISA in 2025 appeared first on The Motley Fool UK.

7 things you might be wasting your money on – and 4 you should pay more for

March Madness will pay women's teams under a new structure approved by the NCAA

March Madness will pay women's teams under a new structure approved by the NCAA - Women’s basketball teams finally will be paid for playing games in the NCAA Tournament each March just like the men have for years under a plan approved Wednesday at the NCAA convention

Are you wealthy? How much in income, cash, property and pensions does it take to be rich

High income families are still building wealth and tend to be younger than the asset-rich older groups, says Sarah Coles, head of personal finance at Hargreaves Lansdown.

Here’s how I’m targeting a near-£46k retirement income with dividend shares!

Looking for ways to generate a large passive income stream in retirement? Consider this approach employed by our writer Royston Wild. The post Here’s how I’m targeting a near-£46k retirement income with dividend shares! appeared first on The Motley Fool UK.

Could YOUR pension fund a 35-year retirement? More are living to 100, here's how to go the distance

For today's workers, a 35-year retirement is a real possibility. But can they afford it? We look at how big a pension needs to be, and how to boost your pot.

France cuts interest rate on popular savings accounts

PARIS (Reuters) -French Finance Minister Eric Lombard decided on Wednesday to lower the regulated interest rate on popular tax-free savings accounts, offering French banks relief from payouts that exceed those offered by European peers. The ministry said Lombard was following a recommendation from Bank of France Governor Francois Villeroy de Galhau to lower the rate to 2.4% from Feb. 1 from the

The ways Reeves’s new sidekick could reshape the welfare state

Rachel Reeves is beset by economic woes on all sides. Borrowing costs are rising, business confidence is in free-fall and few problems inherited from the Conservatives have gone away. The worklessness crisis and the spiralling benefits bill are issues that appear increasingly chronic. Luckily, the Chancellor’s new sidekick has thought long and hard...

Paying With Cash Can Save You up to 4%: Here's When It's Better Than Credit Cards

"Your Credit is Good, But We Need Cash." This line holds significant meaning today as more merchants encourage customers to use cash by offering lower prices and incentives for those who choose paper over plastic. This shift is economically significant at a time when digital wallets, cryptocurrencies, and online transactions dominate merchant and t...

Jobs that pay the most for under 30 hours work a week

British stocks rally as cooling inflation lifts sentiment

By Shashwat Chauhan (Reuters) -British stock markets rallied on Wednesday, with midcaps notching their best day in a month, as tame inflation reports from the UK and the U.S. fuelled expectations of more interest rate cuts this year. The blue-chip FTSE 100 closed up 1.2%, while the FTSE 250 midcap index jumped 2.8% to log its biggest percentage gain since Dec. 15. UK stocks were already higher

Kimberly Palmer: Worried about money? Ways to keep your kids from feeling your stress

Kimberly Palmer: Worried about money? Ways to keep your kids from feeling your stress - When parents are stressed about finances, they can unintentionally pass on that concern to their children

Here's how much life cost in 1995 compared to 2025

From a semi-detached to a Pot Noodle.

How much money it takes to be happy – according to the rich

What’s the one thing money can’t buy? Happiness – or so we’ve been told. A famous 2010 study led by psychologist Daniel Kahneman and economist Angus Deaton concluded that happiness increases with income until it levels off at $75,000 (around £57,000) per year. After that, more money does not equal more happiness. Over the years, however, many have ...

Nationwide confirms special February bonus payment for customers

Building society has confirmed a number of changes affecting accounts from February

Factbox-What is in the next Irish government's policy programme?

DUBLIN (Reuters) - Ireland's two dominant centre-right parties agreed a coalition deal with enough independent lawmakers on Wednesday to return to power for another five years and continue their previous high spending economic policy. Here are some of the key details of their policy programme: ECONOMIC POLICY The incoming government has pledged to run budget surpluses and fund "appropriate"

The Rule of 55: One Way to Fund Early Retirement

The Rule of 55 lets you access your retirement funds early. When paired with other strategies, it could help you kiss the office goodbye.

I took a pension lump sum: Should I pay off my £117k buy-to-let mortgage?

Should I use the lump sum now to cut out mortgage payments on my buy-to-let, or leave the cash to hopefully grow in value for the future?

What is a cash Isa and how does one work?

If you have money to save then a cash Isa should be one of your considerations. It works in a similar way to a savings account, except that you’re limited to how much you can pay in each year (up to £20,000), and the interest your money earns will remain tax-free. There are several types of cash Isas to choose from and they’re offered by lots of ba...

UK’s economy grows for first time in three months - but less than expected

UK’s economy grows for first time in three months - but less than expected - Gross domestic product (GDP) grew by 0.1 per cent in November, after falling in both September and October - but showed no growth in the three months to November

How to make a side hustle work for you – what you need to know about taxes, budgets and marketing

How to make a side hustle work for you – what you need to know about taxes, budgets and marketing - A side hustle can be a good way to earn extra income while also helping you upskill and be your own boss

Why it’s hard to build wealth with a Cash ISA (and some other options to explore)

Britons continue to direct money towards Cash ISAs. History shows that this isn't the best way to build wealth over the long term, however. The post Why it’s hard to build wealth with a Cash ISA (and some other options to explore) appeared first on The Motley Fool UK.

Chipmaker NXP gets 1 billion euro loan from EIB for European projects

NIJMEGEN, Netherlands (Reuters) - Netherlands-based computer chip maker NXP said on Wednesday it has secured a 1 billion euro ($1.03 billion)loan from the European Investment Bank (EIB) to support research and development projects in five European countries. The EIB, the European Union's long-term lending institution, said the loan was part of a investment programme it launched last year aimed at

World Bank plans $20 bn payout for Pakistan over coming decade

The World Bank plans to loan cash-strapped Pakistan $20 billion over the coming decade to nurture its private sector and bolster resilience to climate change, Prime Minister Shehbaz Sharif said. Sharif said the World Bank funding would be used for "child nutrition, quality education, clean energy, climate resilience, inclusive development and private investment".

January 2025 payment dates for benefits and pensions as DWP to launch disability consultation

January 2025 payment dates for benefits and pensions as DWP to launch disability consultation - All the essential cost of living information you need