All the updated news related to isa

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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

Personal Finance

31% of Isa savers plan to increase their subscriptions this year, survey finds

Nearly a third (31%) of Isa savers plan to increase their subscriptions this year, despite global market volatility, a survey has found. As the end of the tax year approaches on April 5, just one in 50 (2%) Isa holders plan to scale back their ...

21 Mar 2022 at 01:25

Personal Finance

Stocks and shares Isa funds ‘have grown at 13 times cash Isa rates on average’

The average stocks and shares Isa fund rate was more than 13 times the typical cash Isa rate over the past year, according to a financial information website. Between February 2021 and February 2022, the typical cash Isa rate was just 0.51%, ...

21 Feb 2022 at 12:25

Personal Finance

Biggest jump in average cash Isa rates in a decade

Savers scouring the market for a cash Isa will find the biggest month-on-month jump in the rates on offer in a decade, according to analysis. The average easy access Isa rate in April is 0.38% – up from 0.30% in March – Moneyfacts.co.uk ...

19 Apr 2022 at 12:55

Personal Finance

£10,000 in cash ‘could be worth just £8,500 in today’s money in five years’

Three-quarters of Isa savers favour keeping their money in cash, even though £10,000 in cash could be worth just £8,500 in today’s money in five years’ time, according to research. Seven in 10 (71%) people said they were still managing ...

30 Mar 2022 at 12:25

City

UK has around 2,000 ‘Isa millionaires’, figures show

The UK has around 2,000 “Isa millionaires”, sitting on pots worth an average £1,412,000, HM Revenue and Customs (HMRC) figures show. Within the total, around 60 investors hold pots amounting to more than £3 million, according to the ...

19 Jan 2022 at 08:25

Personal Finance

Dip in the number of Isa millionaires as stock market volatility takes its toll

There are 520 fewer “Isa millionaires” following a period of global stock market volatility, according to the latest annual figures. HM Revenue and Customs (HMRC) revealed the dip following a Freedom of Information (FOI) request by ...

01 Sept 2022 at 07:00

Football

Arsenal appoint ‘Tekkers Guru’ Hussein Isa in role of attacking-phase coach

Arsenal have appointed Hussein Isa to the role of an attacking-phase coach which he will take up in the summer, the PA news agency understands. Isa, who spent time with QPR and Tottenham as a youngster, is known as ‘Tekkers Guru’ ...

09 Jan 2023 at 11:49

Personal Finance

£268bn of household savings sitting in zero-interest accounts

Around £268 billion of households’ money is sitting in accounts paying zero interest, according to analysis by a building society. Coventry Building Society said around a fifth (21%) of households’ savings in flexible and easily ...

10 Jan 2023 at 10:59

Personal Finance

Proposals to make financial advice more accessible set out by City regulator

More people with excess savings held in cash could be encouraged to move their money into stocks and shares Isas, as a result of proposals to make financial advice easier to access. The proposals will create a new simplified ...

30 Nov 2022 at 01:01

Personal Finance

Reforms needed to encourage more people to save, says think tank

A shake-up of incentives to help people save is needed to help more households build resilience against financial shocks, according to a think tank. The struggle to save is a particular problem for low to middle-income ...

16 Jan 2023 at 00:01

City

Santander warns over stalling mortgage market and weaker consumer spending

Santander UK has recorded a jump in its profits and income despite warning over a weaker housing market and inflation continuing to hit householders who face “difficult decisions” in the months ahead. The bank made a ...

25 Apr 2023 at 09:53

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