Category Archives: Finance News

Life insurance to cover mortgage – is it required? Homeowners may want check the agreement

A life insurance policy can provide peace of mind to some policy owners, such as if they have dependent loved ones. Having this type of insurance means that should the worst happen, the insurer should be able to make the pay out. It may be that the money can be used to pay off the […]

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Will Universal Credit help with childcare? Maximum amount as school holiday costs revealed

The school holidays may be a time which little ones look forward to. But, with additional childcare costs, it can mean that working parents face a huge increase in their outgoings. Should a person require childcare during this time of the year, they could expect to pay a huge £138 per week per child, according […]

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When is my state pension paid? How to check when you can expect payment each month

In the UK, the state pension can be claimed once a person reaches state pension age. Changes to the state pension age are well underway, with the state pension age set to reach 66 in October 2020. The state pension is usually paid every four weeks, into an account of one’s choice. In the UK, […]

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Stamp Duty Land Tax UK: When do you have to pay SDLT? Deadline was brought forward in 2019

Stamp Duty Land Tax is usually payable on the portion of a property or piece of land, valued greater than the threshold. At the time of writing, the current SDLT threshold is £125,000 for residential properties, and £150,000 for non-residential land and properties. Should a person be buying their first home, they may be able […]

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Can health insurance be purchased at any time? Time to expect premiums to RISE

It may be that a health insurance policy will cover all or some of the cost of one’s medical bills, should a person by treated privately. And, while most UK residents will be entitled to free NHS healthcare, private medical treatment can be of interest to some. It may be that a person opts for […]

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Bitcoin price news: BTC has ‘NOTHING to fear’ from Facebook Libra cryptocurrency

Bitcoin traders appear to have been spooked by US lawmakers’ pressure on Facebook’s Libra, which has rippled throughout the cryptocurrency market. The price of Bitcoin had fallen more than 11 percent in the past four and half hours, to around $ 9,650 (£7,778) 4.16 PDT (9.16pm BST) – according to CoinBas.com data on July 16 […]

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Pound US Dollar exchange rate: GBP/USD falls as UK wages rise at fastest pace in 10 years

Added to this, UK average earnings excluding bonuses rose by a higher-than-forecast 3.6 percent in the three months to May. This was the fastest rise in nominal wages in a decade, and adjusted for inflation real wage growth rose by 1.7 percent in the three months. Including bonuses, wages rose by 3.4 percent following an upwardly […]

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