Car production slumped by a third in 2020 to lowest output in 36 YEARS

Car making in the UK fell by almost a third to less than 1 million vehicles in 2020 – the biggest year-on-year plunge since the financial crisis and the lowest total output since 1984, new figures have revealed today. Industry bosses said around 10,000 jobs in the sector had been lost so far, and predict … Read more

Junior civil servants ‘failed to update women’s state pension records’

Many elderly women lost out on state pension because junior civil servants failed to manually update their individual records during past decades, it has emerged. Well over a 100 government staff are now working to assess and manually correct individual records and more are being assigned to sort out the ‘significant legacy issue’, MPs have … Read more

How are Sharia banks Al Rayan and Gatehouse paying the best savings rates?

At a time of record low savings rates, any bank actually improving the rates they pay to savers is bound to raise an eyebrow or two.  But this is especially the case when it comes to Al Rayan Bank and Gatehouse Bank, two Sharia lenders which have upped their savings rates in recent weeks and … Read more

Car production slumped by a third in 2020 to lowest output in 26 YEARS

Manufacturing of new cars in the UK fell by almost a third to less than one million units in 2020 – the biggest year-on-year plunge since the last financial crisis and the lowest total production output since 1984, new figures have revealed today. Industry bosses said around 10,000 jobs in the sector have been lost … Read more

With just over two months remaining, how can home buyers beat the stamp duty deadline?

With the stamp duty holiday set to end on 31 March, some home buyers are pushing to complete their purchases in order to benefit from a tax saving of up to £15,000.  The threshold for paying the tax was increased in July last year from £125,000 to £500,000 in England and Northern Ireland, in an … Read more

How long do offers last, and what if I have bad credit? We answer the most-asked mortgage questions

Forget the eyes – nowadays, it is our internet searches that provide a window into the soul.   We often turn to search engines to ask the questions that are on our minds, whether we’re just looking for a quick answer or because it’s something we are embarrassed to ask in person.  Now, Britons’ most common … Read more

Cousins dodge pension tax trap and receive apology from Fidelity

Inherited a share of pension pot: Ellie Lacey, 19, pictured with her father Peter Four grandchildren have escaped a costly tax trap after financial giant Fidelity admitted to making an error over an inherited pension pot. The firm wrongly told them they had triggered a little-known tax rule that would have drastically limited their ability … Read more

World’s first pop-up airport for electric flying cars to launch in Coventry this year

Flying cars, air taxis and autonomous delivery drones will soon be coming to our roads and skies… and could be heading for Coventry before anywhere else. That’s because Urban Air Port and Korean car maker Hyundai have today unveiled plans for the world’s first pop-up mobile airport for these vehicles located in the heart of … Read more