Fri 26 Jul 2024

 

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Callum Mason

Callum Mason is the Deputy Money Editor. He has previously worked at Tes and MoneySavingExpert.com.

Article thumbnail: FILE PHOTO: Chancellor of the Exchequer Rachel Reeves gives a speech at the Treasury in London, Britain, to an audience of leading business figures and senior stakeholders, announcing the first steps the new Government will be taking to deliver economic growth. Picture date: Monday, July 8, 2024. Jonathan Brady/Pool via REUTERS//File Photo
Politics

Starmer and Reeves warned against new pension tax that would hit 7m people

Treasury officials are understood to be keen on a cap on the tax relief that is available for workers' pension contributions

Saving and Banking
Explained

Revolut finally gets a banking license - what it means for you

Saving and Banking

No interest-rate cut until autumn at earliest despite 2% inflation, experts say

Article thumbnail: Britain's King Charles III, wearing the Imperial State Crown and the Robe of State, sits alongside Britain's Queen Camilla, wearing the George IV State Diadem, before reading the King's Speech from the The Sovereign's Throne in the House of Lords chamber, during the State Opening of Parliament, at the Houses of Parliament, in London, on July 17, 2024. (Photo by HENRY NICHOLLS / POOL / AFP) (Photo by HENRY NICHOLLS/POOL/AFP via Getty Images)
Money

Inflation stays at target level of 2% - what it means for your money

Property and Mortgages

Mortgage price war rages on as TSB, Santander and more lenders cut rates

Article thumbnail: EMBARGOED TO 0001 FRIDAY JUNE 21 File photo dated 12/09/18 of models of elderly people on a pile of coins and bank notes. A former Liberal Democrat pensions minister has said that around 2.5 million people could still pay tax on their state pension if the Conservatives' proposed "triple lock plus" policy, which is used to increase state pensions every year to account for the cost of the standard of living, is put in place. Issue date: Friday June 21, 2024. PA Photo. Research from consultants Lane Clark & Peacock indicated significant differences in the amount of state pension that people receive, and said that a focus on the standard new state pension may miss a significant group of pensioners who receive more than the standard amounts. See PA story POLITICS ElectionPension. Photo credit should read: Joe Giddens/PA Wire
Article thumbnail: EMBARGOED TO 0001 FRIDAY JUNE 21 File photo dated 12/09/18 of models of elderly people on a pile of coins and bank notes. A former Liberal Democrat pensions minister has said that around 2.5 million people could still pay tax on their state pension if the Conservatives' proposed "triple lock plus" policy, which is used to increase state pensions every year to account for the cost of the standard of living, is put in place. Issue date: Friday June 21, 2024. PA Photo. Research from consultants Lane Clark & Peacock indicated significant differences in the amount of state pension that people receive, and said that a focus on the standard new state pension may miss a significant group of pensioners who receive more than the standard amounts. See PA story POLITICS ElectionPension. Photo credit should read: Joe Giddens/PA Wire
Article thumbnail: File photo dated 23/06/23 of UK ?5, ?10, ?20 notes and credit cards. Mark Mullen, the chief executive of Atom bank, was among a list of 120 business leaders to sign a letter backing the Labour party's economic plans, and has said that he is "not sympathetic" to banks that are "subsidised by the taxpayer", as he called for change in the UK ahead of the General Election. Issue date: Monday June 24, 2024. PA Photo. Mr Mullen also criticised big banks for being slow to pass on higher interest rates to customers with current and savings accounts. See PA story CITY Atom. Photo credit should read: Peter Byrne/PA Wire
Article thumbnail: File photo dated 23/06/23 of UK ?5, ?10, ?20 notes and credit cards. Mark Mullen, the chief executive of Atom bank, was among a list of 120 business leaders to sign a letter backing the Labour party's economic plans, and has said that he is "not sympathetic" to banks that are "subsidised by the taxpayer", as he called for change in the UK ahead of the General Election. Issue date: Monday June 24, 2024. PA Photo. Mr Mullen also criticised big banks for being slow to pass on higher interest rates to customers with current and savings accounts. See PA story CITY Atom. Photo credit should read: Peter Byrne/PA Wire
Article thumbnail: A female trainee healthcare worker shopping for food in a supermarket while pushing a shopping cart. She is wearing protective gloves while looking at the bread section.
Article thumbnail: A female trainee healthcare worker shopping for food in a supermarket while pushing a shopping cart. She is wearing protective gloves while looking at the bread section.
Article thumbnail: Man putting a coin into a pink piggy bank concept for savings and finance
Article thumbnail: Man putting a coin into a pink piggy bank concept for savings and finance