Category: Economy & Lifestyle & Uncategorized
According to figures released by the Office for National Statistics (ONS) in January 2014, an ever-growing number of adult children are continuing to live in the family home rather than moving out to get a place of their own. The ONS reports that the number of adult children still living with their parents has risen 25% since 1996.
Category: Economy & Uncategorized
A recent Saga report evidences how British baby-boomers are helping to keep the economy afloat. This iconic generation, the post-war babies that grew up to revolutionise popular culture, makes up just over a third of the UKâs population, but punches above its weight when it comes to spending its wealth.
Category: Investments & Lifestyle & savings & Uncategorized
Britons spend more time planning their next holiday, haircut and shopping excursions than they do making preparations for their financial future, according to a new study by Scottish Widows, examining the long-term worries of the nation. The survey of 2,000 people conducted by One-Poll in December 2013 and January 2014, indicates that we may be trapped in a vicious circle of our own making, as the things we worry about most are also the things we tend to put off planning for.
Category: Economy & Uncategorized
Chancellor of the Exchequer, George Osborne, will deliver the 2014 Budget on Wednesday, 19th March â little more than three months after he delivered the Autumn Statement.
When Osborne delivered his Budget in March 2013, the news for the UK economy wasnât particularly good â in fact, many commentators were worrying about the UK slipping back into a âtriple-dip recession.â Since then, the forecasts and figures are much improved and in December, the Chancellor was able to predict growth of 1.4% in 2013 and 2.4% in 2014.
Category: Investments & Uncategorized
Both are high risk investments â but both have the potential of high rewardâŚ
Category: Lifestyle & savings & Uncategorized
Child benefits are currently paid out at a rate of ÂŁ20.30 per week for the first child, and ÂŁ13.40 for each subsequent child, with an increase planned for the 2014/2015 tax year to ÂŁ20.50 and ÂŁ13.55. These benefits are claimed by many families for all children under the age of 16 and in some cases up to the age of 20.
