Category

Savings

castlegateadmin 0
0
Savings
July 12, 2024

Why does the Bank keep holding interest rates? 3>

On 20 June 2024, the Bank of England (BoE) decided to hold interest rates at 5.25%, continuing the level since August 2023. This surprised some analysts who thought that the Monetary Policy Committee might finally…
Read More
castlegateadmin 0
0
Savings
February 4, 2024

Money-saving tips for 2024 3>

Prices rose sharply in 2023 across the economy. Inflation stood at 10.4% in February last year, although the figure had fallen to around 4% by December. This compares to 4% in France and 3.8% in…
Read More
castlegateadmin 0
0
Savings
November 13, 2023

Is it worth becoming an ISA millionaire? 3>

According to the latest research, there are now a record 4,000 ISA millionaires in the UK with the average pot value standing at £1,397,000. This follows a trend over the last three years, where the…
Read More
castlegateadmin 0
0
Savings
August 28, 2023

Housing & energy grants: a short guide 3>

It is no secret that higher energy prices have been driving much of the UK’s surging inflation since early 2021. Back then, it was possible to get a litre of petrol for 118p at the…
Read More
castlegateadmin 0
0
SavingsTaxation
October 20, 2022

Beware of taxes on higher savings rates 3>

UK interest rates have risen 7 times since late 2021, from a historic low of 0.10% to 2.25% at the time of writing. The Bank of England’s (BoE’s) decision to do this has led other...
Read More
castlegateadmin 0
0
RetirementSavings
October 13, 2022

Are annuities an attractive option in 2022? 3>

Annuities have been out of favour for some time as a retirement income option. Yet, with interest rates rising in 2022, many are noticing the higher incomes these products are offering...
Read More
castlegateadmin 0
0
PensionsSavings
September 23, 2021

Small & big pension pots – do annuities beat drawdown? 3>

Increasingly, investors want to know the impact that their investments are having on the world – not just the returns they generate. “Responsible investing” (sometimes also called ethical and ESG investing – environmental, social and…
Read More
castlegateadmin 0
0
Savings
August 25, 2021

Ideas to boost your income in 2021-22 3>

There are two main ways to increase the amount of money you can use to spend and/or save – cut expenses and grow your income. Doing the former (especially during hard economic times) can be…
Read More
castlegateadmin 0
0
Savings
July 6, 2021

A guide to NS&I in 2021 3>

We all hold values which influence how we live our lives. We might buy Fairtrade or shop locally, for instance. Yet whilst these might feel straightforward, investing ethically – e.g. putting money into companies and…
Read More
castlegateadmin 0
0
Savings
March 24, 2020

What Does The New 0.1% Rate Mean For Savers? 3>

The week commencing on March the 9th 2020 has been an eventful one. On the 11th the new Chancellor released his debut Budget to tackle the COVID-19 pandemic, and beforehand the Bank of England (BoE)…
Read More