If a pal turned to you for financial help, would you lend a hand? If you have the cash it’s hard to say no, but for the sake of your future friendship that may not be such a good idea. Money can be the root of all sorts of relationship evils. It’s the cause of
Finance firms love taking football fans for suckers. The latest is Virgin Money which has this week launched a Manchester United savings bond. It pays just 1.25 per cent for 12 months which is roughly two-thirds the interest you could get at the current best buy account. So far, so rubbish. But it has a
When you drift into debt, it’s not easy to get out of it. Many end up in financial trouble for years because, instead of confronting their problems, they meander on paying a little bit back here and there. For many it becomes a way of life. I interviewed a lot of different people about their finances
Are women sleepwalking into a retirement nightmare? That’s the suggestion behind new research published by investment group Fidelity. It revealed that while women’s average retirement income is likely to be around £5,000 less than men, almost twice as many women have no idea about their pension pot or its payout. It’s not the first time
Savers were hit with a double whammy of bad news last week. On Tuesday it was revealed that inflation had climbed to 0.5 per cent. Then on Thursday, to little surprise, the Bank of England kept interest rates on hold yet again. They’ve remained frozen at record low levels for more than seven years now. With the average