Edmund Greaves

Gender pension gap: men have pension pots five times bigger than women

The divide starts early in life, with 37% of women aged 18-24 feeling confident managing their money, in comparison to 48% of men, the report from the Chartered Insurance Institute (CII) reveals. 

Furthermore, at the start of their careers the research found that just 8% of women saw contributing to a pension as their highest priority.

Budget 2018: seven things to look out for

Philip Hammond, the chancellor, uses the annual event to reveal some of the ways in which he intends to spend the money that has been collected from us in taxes, and how he plans to collect more taxes next year. 

The decisions that he makes will have a real impact on our everyday lives; how much we pay at the petrol pumps, how much we have to retire on, whether we can afford to buy a home, how much we can afford to save. 

We will not know for sure what he plans to do until Hammond stands up at and addresses the House of Commons at 3.30pm that day. 

Triple lock kicks in for inflation-busting rise in 2019 state pension

New figures from the Office for National Statistics today revealed that inflation fell from 2.7% in August to 2.4% in September.

The level of the state pension rises every year by the highest of 2.5%, growth in earnings or Consumer Price Index (CPI) inflation. This is thanks to the 'triple lock' guarantee, which has given retirees' incomes a strong boost since it was first introduced.  

Drive away with an Aston Martin, or buy 6,000 shares

The car firm has announced its initial price range for shares for its IPO of between £17.50 and £22.50 – a market value of between £4.02 and £5.07 billion, which would put the firm near the top of the FTSE 250.

In value terms, this would make it comparable in size to Marks & Spencer or Royal Mail.

How will a no-deal Brexit shape personal finances?

The government is set to sit down at the negotiating table with Brussels once again to thrash out a deal for when we exit the EU. But what happens if no deal can be agreed on?

The government has published a series of ‘no deal’ documents, setting out the implications of a no-deal Brexit.

We look at what it says it could mean for our personal finances.

Inflation hits six-month high as households feel the squeeze

The Consumer Price Index (CPI) measure of inflation rose by 2.7 per cent year on year in August, up from 2.5 per cent in July. The alternative CPIH, which includes housing costs, rose from 2.3 per cent to 2.4 per cent, the latest data from the Office for National Statistics (ONS) show.

The rise in prices means that there are nearly no savings accounts that beat inflation. This means that the value of almost all savings languishing in savings accounts are being slowly eroded.