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Personal Finance

Hargreaves Lansdown says it has 69% more Isa millionaires than in 2020

Investment platform Hargreaves Lansdown says it had about two-thirds more Isa millionaires by the end of 2021 than a year earlier. It counted 973 Isa millionaires on its books, up by 69% from 576 at the end of 2020. Isa millionaires are typically in ...

25 Mar 2022 at 10:55

Shares drop as burning Ukrainian nuclear plant spooks traders across Europe

European markets on Friday reacted with horror to the fire at Europe’s largest nuclear power plant amid shelling by Russia in the area. Although the situation is reportedly under control, stock indexes were down across the continent, with London’s ...

04 Mar 2022 at 11:55

Personal Finance

Savers ‘may be underestimating rates they receive from high street banks’

Savers may be significantly underestimating the rates of interest they are receiving from high street banks, according to a survey. People were asked what rate they were getting on their easy access money, and where it was saved. This was then ...

06 Jun 2022 at 14:20

Families ‘will still face enormous challenges in making ends meet’

Families will still face enormous challenges in making ends meet, despite the support package unveiled to combat the cost-of-living crisis, according to money experts. Charities also said Chancellor Rishi Sunak is “kidding himself” if he ...

26 May 2022 at 16:59

City

Banks forecast to show declining profits as loans expected to sour

Most of the major UK banks are expected to show declines in profits as they could potentially start writing off bad loans. All of the Big Five will report their first-quarter results over the next week, and analysts expect all but HSBC ...

22 Apr 2022 at 15:25

City

Russia and vaping in the spotlight as Pall Mall maker BAT to update shareholders

Shareholders will be checking for any update on British American Tobacco’s Russian exit as it reports on its progress so far this year. The business is set to update shareholders on Thursday June 9, months after the Kremlin launched ...

01 Jun 2022 at 18:03

City

More than £40bn wiped off London shares as fears build over Ukraine

Global markets have been thrown into turmoil in the second Monday collapse in less than a month, wiping billions off the exchange in London. Nearly £58 billion had been removed from the value of London’s top 350 companies just a ...

14 Feb 2022 at 18:25

City

More than £50bn wiped off London shares as fears build over Ukraine

Global markets have been thrown into turmoil in the second Monday collapse in less than a month, wiping billions off the exchange in London. More than £54 billion had been removed from the value of London’s top 350 companies ...

14 Feb 2022 at 12:25

City

NatWest expected to show juicy profits amid interest rate hikes

NatWest is expected to have swung to a profit in a convincing way when it reports its full year results next Friday. The bank, which owns Royal Bank of Scotland and Ulster Bank among others, will present a ...

11 Feb 2022 at 14:56

City

High street banks ‘losing vice-like grip on UK’s current accounts’

Around one in 12 (8%) personal current accounts are now held with a digital “challenger” bank, up from just 1% in 2018, according to the City regulator. The Financial Conduct Authority (FCA) said these ...

20 Jan 2022 at 15:55

Personal Finance

Two in five households ‘on track for a moderate income in retirement’

Only around two-fifths (42.6%) of households across Britain are on track for at least a moderate income in retirement, according to analysis. Households in the East Midlands and London were found to ...

07 Oct 2022 at 12:03

Personal Finance

Nearly one in 10 ‘have used buy now pay later schemes for essentials’

Nearly one in 10 (9%) people have used buy now pay later (BNPL) schemes to cover essentials, a survey has found. One in 16 people (6%) said they have bought groceries using BNPL, and the same ...

09 May 2022 at 11:55

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