Finance News

THE Dow Jones index plummeted by almost 1,500 points as Wall Street traders got the jitters on the day the World Health Organisation declared the ongoing coronavirus outbreak a global pandemic – while shares on this side of the Atlantic also took a pasting, with the FTSE 100 down almost 170 points. Daily Express :: Finance Feed

PENSION reforms have been relatively light from the most current budget. The main changes concern pension annual allowances which have been drastically raised. This will benefit many who have felt wronged by previous stringent rules, such as senior doctors, but some feel that the changes have missed entire swathes of the population. Daily Express :: Finance Feed

PENSION allowances will increase for many people across the UK. The annual allowance is the limit placed on how much can be contributed to a pension before tax costs are introduced. Rishi Sunak today announced huge changes to these allowances in the 2020 Budget. Daily Express :: Finance Feed

NATIONAL LIVING WAGE is set to rise to more than £10.50 an hour in the future, under plans announced in the Budget 2020 today. Daily Express :: Finance Feed

INTEREST RATES in the UK have been slashed to just 0.25 per cent, the Bank of England has announced today. The measure comes as the outbreak of coronavirus continues to affect the UK and countries worldwide. Daily Express :: Finance Feed

MARTIN LEWIS is the founder of Money Saving Expert, who is well-known for appearing on ITV shows such as Good Morning Britain and This Morning, during which he regularly shares his money saving tips. Daily Express :: Finance Feed

SAVERS are being warned against rushing into gold to shield themselves against crashing stock markets and oil prices, as the precious metal can be volatile too. Gold has been a store of value for more than 4,000 years and remains a popular bolthole during times of economic and political uncertainty. Daily Express :: Finance Feed

STATE PENSION recipients are set to receive more each month from April 2020, as the payment will rise by nearly four percent. However, some people will miss out on this rise – why? Daily Express :: Finance Feed

MINIMUM WAGE has been a sticky subject for years- with many believing the minimum mage is not enough to live on, but has the minimum wage in the UK increased? Daily Express :: Finance Feed

NATIONAL MINIMUM WAGE and National Living Wage is rising in a matter of weeks. Ahead of the changes in April 2020, some people may wonder how much the amount is increasing by in the UK. Daily Express :: Finance Feed