Dec 19, 2020 | Newsletter
The UK government has pledged £7.3bn in a refreshed package of support for self-employed people. But critics say that almost 3 million workers may be out of pocket, with the second coronavirus lockdown in England, and the Covid-19 restrictions in Scotland, Wales and...
Dec 17, 2020 | Newsletter
Billions of pounds in support for struggling households has been paid out since the first lockdown, protecting more than 9 million jobs. The furlough scheme had been due to end on October 31 but has now been extended for a month. It means staff who cannot work will...
Dec 15, 2020 | Newsletter
Yearly house price growth increased to 5.8% in the year to October 2020, Nationwide’s House Price Index has found. This represents an increase from the 5% growth in September 2020. Monthly price growth has slowed from 0.9% between August and September to 0.8% between...
Dec 15, 2020 | Newsletter
Coronavirus has altered the retirement plans of one in eight older workers, with one in three reporting a worse financial situation, according to research by the Institute for Fiscal Studies (IFS). The think tank’s study was based on a survey of data from the English...
Dec 13, 2020 | Newsletter
UK companies’ Q3 dividend pay-outs were the lowest for ten years and almost half the level seen in Q3 2019, according to the Link Dividend Monitor. British firms paid just £18bn to shareholders in Q3 2020 on a headline basis, 49.1% lower than their Q3 2019 total...
Dec 11, 2020 | Newsletter
The state pension is set to rise just £4.40 a week next year, in the smallest rise allowed by legislation. The increase means the ‘new’ basic state pension is set to rise from £175.20 to £179.60 a week – representing £228.80 a year. The ‘old’ basic-rate state...