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Finance MonthlyArchives

How much of my salary should be spent on the mortgage?

4th April 2024
Your mortgage is going to be a significant financial investment and a long-term commitment that will require careful consideration of your budget and financial capacity. Deciding how much you can afford to borrow is a crucial step in this process, and both you and the lender will need to thoroughly evaluate your current financial situation, […]
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Government Announces Abolishment of Pension Lifetime Allowance: Implications and Concerns

4th April 2024
In a bold move aimed at incentivising individuals, particularly healthcare professionals, to extend their working years, the UK government announced the abolition of the Pension Lifetime Allowance (LTA) in the 2023 Autumn Statement. Set to take effect from April 6th, 2024, this decision seeks to encourage more people, especially doctors, to remain active in their […]
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Data-Driven Decisions: Leveraging Analytics in Business Purchasing

4th April 2024
Data plays a pivotal role in making informed business decisions, particularly in business purchasing and acquisition. Applying data analytics to various facets of a business can unlock vital insights, negate risk, streamline operations, and maximize profits. This article offers a detailed rundown on the power of data-driven decisions in business purchasing and how analytics can […]
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How to save money on your move to Australia

4th April 2024
A big move is expensive and everything you need will add up very quickly so it is vital you have started saving before you begin. You should try to save up to 3-6 months’ worth of living expenses so you can afford the move and to settle in. You will need enough to cover all […]
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The value of interim leaders in helping businesses get ‘deal ready’

2nd April 2024
The concept of interim leadership is becoming ever more important in the world of business, as the benefits of recruiting for specific expertise to deliver large-scale transformation or bolster capabilities to reach strategic objectives at crunch points becomes increasingly apparent. In particular, interim leaders offer a unique solution to mid-cap, founder-led companies that find themselves […]
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How can a Personal Injury Claim impact your finances?

2nd April 2024
While it’s great that you might be able to file a personal injury claim after being injured in an accident, during this time of uncertainty, you’re sure to have several financial concerns. And that’s the last thing you need when you’re recovering – physically and mentally – from your injury. But medical expenses can pile […]
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Will pensioners have to pay income tax?

2nd April 2024
Why Pensioners have to pay income tax now The 2024 budget has stated the the triple lock system will be secured which allows the state pension to increase in line with inflation so that pensioners are able to afford the rising cost of living. This rise has now set the state pension to, £11,502 from […]
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Minimum wage will rise in April, is this enough?

28th March 2024
Each year the government reviews the minimum wage and in April each year they are updated. This year there will be a rise which will increase over 1 million people who are on the minimum wage currently. The House of Commons Library states that the rates are provided in regulations made by the secretary of […]
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How the Economy benefits from the EURO'S

28th March 2024
This year the EUROS begin again in June, hosted in Germany and set to increase spending across the UK again. In 2022 the UK viewers of the Euros reached 17.4m and globally there were over 300 million viewers.   Where do people spend the most money? Pubs and restaurants are welcome hosts to fans across […]
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Can the NHS improve with more funding?

27th March 2024
The survey The British Social Survey has been running since 1983 to track the satisfaction of the British public for the health service. In 2023 only 24% reported satisfaction with the NHS due to waiting times and staff shortages being the biggest concerns. This is a record low since the poll began and has recently […]
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Debt Got You Down? Personal Loan vs. Balance Transfer – The Showdown

27th March 2024
Tired of feeling like you're drowning in credit card debt? The constant juggling of payments and the nagging interest rates can leave you feeling stressed and defeated. But you don't have to live with that burden any longer. There are smart strategies out there that can break you free from this cycle – and two […]
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Navigating the Digital Transformation: How Banks Are Adapting to the Tech Revolution

27th March 2024
Have you ever thought about how much technology has transformed our lives? Think about it - from smartphones that can do practically anything to those handy little gadgets that control our homes with just a voice command. It's pretty wild, isn't it? And one industry that's been at the forefront of this technological revolution is […]
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