Could the state pension age really rise to 74? Why the 'triple lock' may mean a longer wait for younger workers
#pension #retirement
thisismoney.co.uk/money/pens….
According to a report on thisismoney.co.uk; shoppers could spend an extra £275 on groceries this year as food prices continue to rise, bringing their total bill to over £5,500, new figures suggest.
#bills #inflation
Lloyds Bank's Charlie Nunn expects two more interest rate cuts in 2025
#interestrates #money
news.sky.com/story/lloyds-ba…
According to a report on express.co.uk; expectations for house price growth have been lowered due to broader global uncertainties, according to a recent forecast. However, property firm Savills has upgraded the potential for house price growth over the next five years.
Rachel Reeves dealt brutal blow as UK business growth slows and job cuts accelerate
#Businesses #jobcuts
express.co.uk/finance/person…
According to a report on bbc.co.uk; people retiring in 2050 will be worse off than pensioners today, the government has warned, unless action is taken to boost retirement savings.
#pensions #retirement
A tenth of families paying inheritance tax hit with bills of at least £500,000
#IHT #money
thisismoney.co.uk/money/tax/…
New idea to tax inherited pensions worth £90k-plus floated - instead of imposing inheritance tax
#pensions #IHT
thisismoney.co.uk/money/pens…..
According to a report on yourmoney.com; the Consumer Prices Index (CPI) rose by 3.6% in the 12 months to June 2025, up from 3.4% in the 12 months to May, according to the Office for National Statistics (ONS).
#inflation #spending
According to a report on yourmoney.com; average house prices in the UK rose by 3.9% year-on-year in May to £269,395, Government figures showed.
#houseprices #property
Savers are to be targeted with offers to invest in shares under new plans
#savings #investments
bbc.co.uk/news/articles/cvgw…
According to a report on yourmoney.com; the FTSE 100 share index hit 9,016.98 points at the start of trading on 15 July, up around 0.2% from yesterday, taking its gains during 2025 to more than 10%.
#ftse #investments
Jobless rate hits four-year high - but makes interest rate cut more likely
#jobs #interestrates
news.sky.com/story/weaker-jo…
According to a report on yourmoney.com; monthly real gross domestic product (GDP) is estimated to have fallen by 0.1% in May 2025, following an unrevised fall of 0.3% in April 2025, according to the Office for National Statistics (ONS).
#economy #growth
HMRC confirms new income tax change from April for British self employed who are earning over £50k (including property)
#tax #income
express.co.uk/finance/person…
According to a report on yourmoney.com; research from LifeSearch and HomeOwners Alliance found that 14% of women said they would immediately fall behind on mortgage payments if their income stopped due to illness or injury, compared to 6% of men.
#income #protection
After the economy shrinks again, a summer interest rate cut 'looks inevitable'
#interestrates #money
thisismoney.co.uk/money/mark…
According to a report on yourmoney.com; employers should be required by law to share their contributions to workers’ pensions in job adverts, according to the Social Market Foundation (SMF).
#jobs #pensions




















