Finance

Coracle Online opens up education and purpose for prisoners with secure digital solution

Coracle Online opens up education and purpose for prisoners with secure digital solution The economic and social costs of reoffending are some £18billion a year for the UK. “While we understand people want offenders to be punished, we can’t put our heads in the sand when it comes to rehabilitation,” Tweed points out.  “We aim to give prisoners basic digital ...

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Britons urged to act this week to make the most of ‘significantly lower’ energy bills

Britons urged to act this week to make the most of ‘significantly lower’ energy bills Go.Compare Energy has urged consumers to take a meter reading before the new energy price come into force on October 1, which could mean households paying 26.8 percent more for their bills. The Government announced an Energy Price Guarantee, to reduce the new Ofgem price ...

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Bank of England’s chief economist warns Britons ‘significant’ interest rate rise coming

Bank of England’s chief economist warns Britons ‘significant’ interest rate rise coming The Bank of England has warned Kwasi Kwarteng‘s mini-budget, which saw the pound sterling plummet to a record low against the dollar, will require “a significant monetary policy response”. Chief economist Huw Pill reasserted the Bank of England’s willingness to act quickly to bring inflation under control. He ...

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‘Attractive!’ Building society hikes rates on savings accounts – does it beat inflation?

‘Attractive!’ Building society hikes rates on savings accounts – does it beat inflation? Myron Jobson, a senior personal finance analyst at interactive investor, shared how inflation and the current cost of living crisis is hurting savings accounts. Mr Jobson said: “Borrowing increased amid the biggest fall in living standards in generations, but while overdraft levels rose gradually in Q2 this ...

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Pension warning: 12 million Britons not saving enough for retirement – are you?

Pension warning: 12 million Britons not saving enough for retirement – are you? Last week, the pensions minister Guy Opperman confirmed 12 million people in the UK are not sufficiently saving for retirement in a written response to MPs. However, this figure was based on analysis based in 2017 and opposition politicians are asking the Government to provide an updated ...

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What help and support is available to struggling Britons who can’t pay bills?

What help and support is available to struggling Britons who can’t pay bills? People on benefits could also also apply for things like reduced travel, free broadband and Healthy Start Vouchers.  Around one million households are eligible to receive free broadband installation from Openreach, which could save a low income household £92 a year. Healthy Start Vouchers are available to ...

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