How much for a comfortable retirement?
Couples typically need £26,000 and single people need £19,000 a year for a comfortable retirement, new research reveals. This amount would cover essential bills plus regular short haul holidays, leisure activities, alcohol and charity giving. A couple would have to...What next for the economic recovery?
The fastest monthly growth of the services sector since 1997 and a fall in the number of workers on furlough signalled that the UK’s recovery from the coronavirus crisis remained on track in May, as lockdown restrictions were relaxed across all four nations of the UK....Home movers overtake first time buyers
The proportion of first-time buyers (‘FTBs’) has risen over the last decade and outnumbered movers in 2019, according to research by property listings site Zoopla. However, this trend is set to reverse in 2020 and through to the beginning of 2021 because of the impact...House prices set to keep on rising
House prices are likely to continue rising for some time despite hitting a new record high in May, one of Britain’s biggest mortgage lenders has said. The monthly snapshot of the property market from Halifax showed a 1.3% jump in the cost of a home in May, taking the...Towards a cashless society
Worldpay’s Global Payments report 2021 claims that cash payments in UK shops in 2020 made up 13.4% of total payments, down from 27.4% in 2019. By 2024, it predicts, they will be down to just 6.9%. By the same year it will be down to just 0.4% in Sweden. The Bank of...