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Personal Finance

57% with recent mental health problems ‘feel anxious about money’

More than half of people who have experienced a mental health problem in the past three years feel anxious when thinking about their finances, a survey has found. The Money and Pensions Service (MaPS) commissioned the research to mark Mental Health ...

09 May 2022 at 01:55

City

Nearly a third of people have low financial wellbeing, survey finds

People who feel in control of their money are more likely to be content with life generally than those earning more than £50,000 per year, according to a Government-backed body. Six in 10 (61%) people with high levels of financial wellbeing said ...

17 Jan 2022 at 01:27

Personal Finance

Action plan to ensure savers are offered fair value drawn up by regulator

A 14-point action plan to make sure banks and building societies are passing on interest rate rises appropriately to savers has been set out by the City regulator. Firms offering the lowest savings rates will be required to justify by the end ...

31 Jul 2023 at 13:11

Personal Finance

More than £16,000 typically lost to scams, according to helpline figures

People contacting a financial scams helpline over the past year have typically lost more than £16,000, according to a Government-backed body. The Money and Pensions Service (MaPS) said that, between April 2023 and March 2024, the 833 people ...

24 Apr 2024 at 12:56

Personal Finance

Financial watchdog urges consumers struggling with rising prices to seek help

The financial watchdog has urged struggling consumers to seek help as soon as possible after witnessing an increase in people worried about money due to the rising cost of living. The Financial Conduct Authority (FCA) and the ...

06 Jul 2022 at 01:01

As inflation soars to 41-year high, what can households do to cope?

The surging cost of living is pushing more and more households towards breaking point as soaring fuel bills sent inflation to its highest level in 41 years. Combined with eye-watering price rises across a range of food items,...

16 Nov 2022 at 11:44

Personal Finance

People struggling with debt urged during Talk Money Week to reach out for help

People struggling with debts are being urged by a Government-backed body to seek support, with millions living “on the edge”. The Money and Pensions Service (MaPS) said research indicates that more than eight million people ...

06 Nov 2024 at 00:01

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