Equity release rates have plummeted to their lowest ever levels as demand for later life finance grows, research has revealed. But homeowners who are recommended a lifetime mortgage, where interest rolls up into the loan, could actually save tens of thousands of pounds by refusing equity release and taking a retirement interest-only mortgage. Last year … Read more
Not a single country is on course to meet targets to reverse spiralling obesity rates by 2025, a damning report has revealed. Countries are ‘worryingly off-track’ to meet World Health Organization targets agreed to by member states, according to the World Obesity Federation (WOF). Research suggests there is a less than a 10 per cent … Read more
Markets regained steam as traders pinned their hopes on other central banks following the US example and cutting interest rates. Investors initially balked at the Federal Reserve’s shock move on Tuesday to make the first emergency cut to rates since the financial crisis. The measure was intended to combat the effects of the rapidly spreading … Read more
This is Money recently reported that 10-year fixed rates are currently at some of their lowest ever levels as banks and building societies battle for their business. A fierce mortgage price war has seen the number of 10-year fixed rate mortgages on offer grow substantially over the past year, pushing rates down to an average 2.76 … Read more
Our savings picks: This is Money’s five favourite best buy cash Isas By Lee Boyce for Thisismoney.co.uk Published: 11:23 GMT, 17 December 2014 | Updated: 10:56 GMT, 11 February 2020 Every little helps: Savings rates might be low but at least an Isa means interest is tax-free Our assistant editor Lee Boyce picks his five … Read more
US slashes interest rates over coronavirus outbreak, fuelling speculation the UK could follow their lead Bank of England governor indicated a rate cut could be on the cards yesterday Last night the US slashed its interest rates by half a point due to economic risks Bank of England’s governor Mark Carney warned the coronavirus could … Read more
Business leaders in plea to Chancellor to shake up Britain’s broken business rates regime By Daily Mail City & Finance Reporter Published: 23:16 GMT, 3 March 2020 | Updated: 23:16 GMT, 3 March 2020 Business leaders are pleading for the Chancellor to shake up Britain’s broken business rates regime. In a letter to Rishi Sunak … Read more
Signs of life in the cash Isa market as rates finally perk up with one provider offering £500,000 in prizes By Sylvia Morris For The Daily Mail Published: 22:01 GMT, 3 March 2020 | Updated: 22:01 GMT, 3 March 2020 Savers have been given a glimmer of hope with the launch of an easy-access cash … Read more
Lidl is punished for going green as business rates on solar panels surge by 700 per cent Discount retailer Lidl was paying £689 on the solar panels on a typical shop But the German-owned chain has seen this rise 528 per cent to £4,329 a year Lidl has put panels on seven stores but wants to … Read more
With less than 50 days to go until the end of the tax year, savers are likely wondering whether or not they will see an ‘Isa season’. This is where banks and building societies offer top rate tax-free deals to snap up money from those looking to use up any spare money from their £20,000 … Read more