Tag Archives: savers

The move has been driven by a desire to avoid higher capital gains tax rates Daily Express :: Finance Feed

Savers are racing to pull money from their pension pots in case chancellor Rachel Reeves attacks the hugely popular 25% tax-free lump sum benefit in her Budget next month. Daily Express :: Finance Feed

Currently, workers on more than £50,271 can claim tax relief on their pension contributions at a rate of 40 percent, which matches the income tax rate payable. Daily Express :: Finance Feed

PM Keir Starmer and chancellor Rachel Reeves are launching a war on savers by stripping away the incentives people have to save for their future. It could backfire horribly. Daily Express :: Finance Feed

NS&I issued a statement for people who are worried about the documents they may need to provide to prove their identity Daily Express :: Finance Feed

I’ve been warning all year that savings account rates will fall when the Bank of England cuts interest rates, and now it’s happening. Daily Express :: Finance Feed

Keir Starmer’s landslide victory has triggered panic among many savers who fear an early Labour Party tax raid on their pensions. Daily Express :: Finance Feed

Homeowners may be seething at the Bank of England’s decision to hold interest rates at 5.25 percent for the seventh meeting in a row despite plunging inflation, but savers may take a more positive view. Daily Express :: Finance Feed

Martin Lewis has urged people to take advantage of the higher savings as they could soon start to drop. Daily Express :: Finance Feed

The nation’s battle with the cost of living has changed what households do with their money, with consumption being cut by more than the fall in incomes, the Resolution Foundation said. Daily Express :: Finance Feed