Current Accounts

What is a Lifetime ISA and should you open one?

The Lifetime ISA was introduced in April 2017 as a new type of tax-free savings and investment account to help you buy your first home and save for retirement. What is a Lifetime ISA? The Lifetime ISA [...]

What is pension auto-enrolment and how does it work?

Pension automatic enrolment makes it mandatory for employers to offer you a workplace pension that you both pay into. A percentage of the pension contribution comes out of your salary, and your employer [...]

How to calculate your net worth

There are many ways of measuring your financial health. Credit scores and savings milestones and investment portfolios all work together to complete a portrait of your financial aptitude. But there’s [...]

Your state pension explained

The state pension was first introduced in 1909 and around 500,000 people aged 70 and over were paid five shillings (25p) a week. Taking inflation into account, that’s around £28 per week in today’s [...]

How to stop forgotten expenses from breaking your budget

Every budget is a work in progress. Even if you’re a savvy, disciplined budgeter, there can be unexpected or forgotten expenses that break your budget and cause financial distress. “People’s estimates [...]

Banks must now publish their own customer satisfaction figures

British banks will now have their customer satisfaction scores measured in four key areas. The results will be published every six months, and banks will have to prominently display the data to existing [...]

UK interest rate rises to 0.75%: Here’s what you need to know

The Bank of England has increased the base interest rate from 0.5% to 0.75%. This is only the second time that the base rate has been raised since the global financial crisis a decade ago. This base rate [...]

How to create a passive income stream

If you’re worried about being able to save enough of your earnings to meet your savings or retirement goals, building wealth through passive income is a strategy that might appeal to you. Passive income [...]

The most expensive cities in the UK to own a car

Liverpool is the most expensive place in the UK to be a driver, costing the average motorist £4,000. This makes it even more costly than London and Manchester, according to a new survey. Taking into account [...]

How to spot and avoid financial scams

Online fraud and cyber crime has cost people and businesses in the UK an estimated £28 million in just six months, according to figures from Action Fraud. It received over 12,000 reports of cyber crime [...]