Over-55s are increasingly supportive of giving ‘pre-inheritances’ to family as financial support is “more useful when relatives are younger”, new research from Key has suggested
This year’s announcements of tax rises will increase the UK’s tax take to its highest sustained level in peacetime, a report from the Institute for Fiscal Studies (IFS) has highlighted, with spending to settle at 42% of national income
Over one in five (23%) people in the UK feel financially worse off than when the pandemic began, with two in three (68%) suggesting it has negatively impacted their mental health, new research has found
Forty-four per cent of currently furloughed adults have borrowed or considered borrowing money on credit cards throughout the pandemic, according to a new Canada Life study
A total £753.9m was stolen through fraud in the first half of 2021, an increase of 30% compared to the same period last year, according to new UK Finance figures
The FCA has unveiled a new strategy to tackle consumer investment harm and confirmed it will publish metrics to assess whether the new plans are being met