Financial news

• To revive Britain from recession the next government must get growth right | Richard Partington

  18-02-2024 12:56
  
  Two priorities are tackling entrenched inequalities and – the biggest challenge – addressing the climate crisisBritain’s economy is in a deep rut. After news confirming the country fell into recession late last year, most experts agree the downturn is likely to be shortlived and shallow. Few, though, are betting on a strong recovery from the toughest period for living standards in almost 70 years.In most of the economic cycles of the past century, robust growth has typically fo
  
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• Building Society raises interest rate on ISA to 'excellent' 5.1%

  18-02-2024 12:00 via express.co.uk
  
  The ISA is currently "maintaining a competitive place" in its sector.
  
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• NatWest launches £200 current account switching offer for new and existing customers

  18-02-2024 11:00 via express.co.uk
  
  Customers can get the free cash within seven days of switching.
  
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• Cheapest country to live in 2024 where costs are as much as £700 less

  18-02-2024 10:00 via express.co.uk
  
  Supermarket shoppers can slash costs by as much as 53 percent in this country, new research shows.
  
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• 'I'm a finance expert - these are the four biggest tax mistakes and how to avoid them'

  18-02-2024 09:00 via express.co.uk
  
  As the cost of living crisis continues, Britons are warned about common tax mistakes that could cost them thousands.
  
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• Forget Budget tax cuts! Hunt will hike taxes AGAIN in April - 9 ways to fight back

  18-02-2024 08:28 via express.co.uk
  
  Taxpayers are hoping that Chancellor Jeremy Hunt will remember he is a Tory and cut taxes in his March Budget. The grim reality is that he will tighten the screw even further in April.
  
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• HMRC investigations of wealthy ‘tax dodgers’ halve in five years

  18-02-2024 08:00
  
  The drop in civil inquiries by fraud unit sparks criticism that the authority’s use of its powers of enforcement are waningThe number of civil investigation cases opened by a HM Revenue and Customs (HMRC) fraud unit investigating offshore, corporate and wealthy taxpayers has fallen by more than half in five years, figures reveal.The Observer reported last month that HMRC has not charged a single company under landmark legislation to crack down on tax evasion. Campaigners warned that HMRC w
  
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• DWP support for unemployed - and other ways to stay afloat during cost-of-living crisis

  18-02-2024 08:00 via express.co.uk
  
  MoneyMagpie.com shares advice on ways to make extra cash and outlines the support available from the DWP during tough times.
  
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• British Gas launches fixed-rate energy deal offering 12% saving on price cap

  18-02-2024 08:00
  
  Price Promise tariff gives discount on current cap and guarantees to be at least £1 per fuel under April oneBritish Gas has launched a fixed-rate gas and electricity deal that offers a 12% saving over most existing price-capped tariffs, adding a new choice to the hard-to-navigate home energy market.For the past two winters, consumers have largely been spared having to seek out the cheapest deal, because, in almost all cases, it was their supplier’s price cap-protected standard tariff
  
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• Check your pensions for these 'hidden gems' as little-known features could boost payouts

  18-02-2024 07:00 via express.co.uk
  
  EXCLUSIVE: Pension savers have been urged to regularly review their retirement savings and make sure they understand the rules.
  
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