Financial news

• Over a third of first time buyers relying on ‘bank of mum and dad’

  16-03-2024 16:45
  
  Tories accused of deserting those without financial support, as proportion relying on help with deposits rises from 27% to 37% in a yearRishi Sunak has been accused of “locking the door on home ownership” and entrenching inequality, amid evidence that tens of thousands more young house buyers have been forced to turn to the “bank of mum and dad” to secure a new home.A crisis in housing affordability is again set to be a major election flashpoint, with the prime minister a
  
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• ‘I’m embarrassed to rely on my parents’: the downside of handouts from the ‘bank of mum and dad’

  16-03-2024 16:45
  
  First-time buyers in the UK, rather than resenting people who are better off, are concerned about how challenging it is to get on the property ladderThe idea that Britain is becoming a more meritocratic society has long been a theme of Conservative leaders, from Theresa May to Liz Truss.That claim is challenged by the growing significance of the bank of mum and dad (bomad), and the embarrassment and guilt felt by some of those who have been forced to rely on parental largesse to buy their own ho
  
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• Top six easy access cash ISAs paying interest up to 5.11% you can't miss out on

  16-03-2024 16:05 via express.co.uk
  
  Savers have less than a month to make the most of the current tax year's personal allowance.
  
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• Attendance Allowance payments to increase in weeks - new rates to expect

  16-03-2024 13:19 via express.co.uk
  
  Attendance Allowance is one of the DWP's most underclaimed benefits with more than one million estimated to be missing out.
  
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• Two-mile tailback on M25 as section closed for weekend

  16-03-2024 12:33
  
  Traffic also building along diversion route through Surrey towns as five-mile stretch of UK’s busiest motorway closes Traffic is building on the M25 in Surrey due to the unprecedented closure of a section of Britain’s busiest motorway.A five-mile stretch of the motorway between junctions 10 and 11 in Surrey was closed in both directions at 9pm on Friday while a bridge is demolished and a new gantry installed. It will reopen at 6am on Monday. Continue reading...
  
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• This one feature could value your property £20,000 higher than your neighbours

  16-03-2024 12:02 via express.co.uk
  
  Only five percent of homes have one, property experts have said.
  
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• Five discounts available for teachers - from savings on cars to holidays

  16-03-2024 12:00 via express.co.uk
  
  MoneyMagpie's Vicky Parry shares a few tips teachers can use to save some cash on everyday expenses.
  
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• Sun set to shine on UK economy again – and Britain's luckiest man will get the glory

  16-03-2024 11:30 via express.co.uk
  
  After years of gloom the UK economy is finally heading for brighter days, but it will be too late to save Rishi Sunak.
  
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• ‘Negative budgets’: cost of living crisis could lose the Tories dozens of seats

  16-03-2024 11:05
  
  Research finds that in 85 Tory-held seats the number of people with negative budgets is higher than the Tory majorityRishi Sunak has been warned that scores of his most vulnerable seats risk being lost over an increasingly neglected cost of living crisis raging in marginal constituencies across the UK.The seats held by Iain Duncan Smith and justice secretary Alex Chalk are among 85 Tory constituencies with a critical number of voters whose monthly outgoings are now higher than their income. Cont
  
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• 'I'm a money expert, here's what you need to know about Free Wills Month - but be quick'

  16-03-2024 11:00 via express.co.uk
  
  EXCLUSIVE: A money expert has urged Britons to act "quickly" if they want to participate in Free Wills Month.
  
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• Man astonished after discovering he qualifies for extra £500 a month after 10-minute check

  16-03-2024 10:38 via express.co.uk
  
  Phil Regan said the extra money has made life "more bearable".
  
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• United Airlines Boeing plane loses external panel in flight

  16-03-2024 10:17
  
  FAA investigating loss of panel before Boeing 737-800 landed safely in OregonThe US Federal Aviation Administration is investigating how a United Airlines Boeing 737-800 lost an external panel before landing safely in Oregon.United flight 433 landed at Medford airport at about 1.45pm on Friday carrying 139 passengers and six crew after departing from San Francisco, the FAA and airline said. Continue reading...
  
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• Millennials fear their parents will 'fritter away' what could be their inheritance

  16-03-2024 10:00 via express.co.uk
  
  New research found that 30 percent of the adults in their 30s and 40s surveyed felt that their inheritance was at risk because of their parents' spending.
  
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• Bank launches 'attractive' fixed Cash ISA and earns 'excellent' rating

  16-03-2024 09:08 via express.co.uk
  
  The new fixed Cash ISA has "secured" a position in the "top rate" tables.
  
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• British ISA warning as expert says savings accounts risk overlooking key industry

  16-03-2024 09:00 via express.co.uk
  
  EXCLUSIVE: He said the previous Green Savings Bonds had not benefited his company directly.
  
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• Get a railcard and ditch season tickets: how to beat the rail fare rises

  16-03-2024 08:00
  
  The best tips and tricks for getting the lowest possible fares in England and Wales If you regularly travel by train, you can’t fail to have noticed that ticket prices in England and Wales rose by 4.9% earlier this month. The increase added hundreds of pounds to many commuters’ annual travel costs, and represents an unwelcome price rise for those who use trains to get around for leisure purposes or to visit family.The above-inflation increase follows a 5.9% increase in March last yea
  
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