While many economies are still struggling with high inflation there are signs that the pace is starting to slow, which could pave the way for interest rate cuts later this year.

To reflect this, the OECD has lifted its 2024 global growth forecast by 0.3%, when compared to the end of 2023, to 2.9%. However, the international organisation warned that central banks should ensure underlying price pressures were “fully contained” before they cut interest rates.

Market rallies around the world on 22 February highlighted how interconnected mark...

Financial worries can harm the mental wellbeing of employees, and research suggests it could negatively affect the productivity of businesses too. As an employer, offering financial advice to your team could be a win-win.

Inflation has led to the cost of living soaring, so it’s not surprising that more households are concerned about their finances. What may be unexpected is the material impact it could have on your business.

A report from Aegon found that 12% of private workers missed work due to financial concerns in 2023. On average, t...

Homeowners with fixed-rate mortgage deals that end in 2024 could face much higher repayments due to rising interest rates. If your mortgage deal expires this year, being proactive could help you manage your outgoings.

High inflation over the last couple of years has led to the Bank of England (BoE) increasing interest rates. In November 2021, the BoE base interest rate was just 0.1%. As of February 2024, the base rate is 5.25%.

When the BoE changes the base rate it affects the cost of borrowing, including the money you borrow through a m...

Paying off their mortgage is a goal for many homeowners, and research shows that more households now own their property outright. If you’re still making mortgage repayments, read on to find out how you could pay off your mortgage quicker.

According to a report in IFA Magazine, the number of households who own their property outright has gradually been increasing over the last three decades.

In 1992, just over a quarter of households owned their property outright, and around 43% were paying off a mortgage. By 2021/22, more than a third ow...

When your life is busy, fighting fatigue might seem like a never-ending battle. When common quick fixes – like a cup of coffee or a sugary snack – only make you feel worse when you crash, tiredness can seem like an unbeatable opponent. But they aren’t the only solution.

Luckily for you, we’ve compiled a list of the seven ways to boost your energy levels, so you can reduce exhaustion.

1. Improve your sleep hygiene

The first step to beating tiredness is to examine the source. If you’re regularly getting less than seven hours of deep sleep...

When you give up work, your pension is likely to play a key role in creating an income. So, an essential part of retirement planning is often deciding how you’ll access your retirement savings.

Last month, you read about the importance of setting out your retirement lifestyle goals and how financial planning could help. Your income will play a key role in whether you can turn many of them into a reality. So, read on to discover what your options are when you want to withdraw money from your pension.

If you have a defined contribution (DC...

If you’re searching for a new mortgage, you could have more options than you expect. While it may present an opportunity to secure a competitive deal, it might also be overwhelming. Read on to find out how you could effectively narrow down your choices.

According to Moneyfacts, the number of mortgage deals on offer increased for the sixth consecutive month in January 2024. In fact, there were almost 5,900 options – the last time there were more deals available was in 2008.

So, how do you figure out which mortgage deal is right for you? H...

Does your job cause you stress? A recent survey found that 3 in 5 UK employees say their mental health declined in 2023 because of workplace stress. Long work hours, tight deadlines, and job insecurity all contributed to this burden, and nearly half of respondents said senior management was to blame.

Instead of continuing to burn yourself out, you could find it beneficial to adopt some healthy working habits from around the world to help you reduce stress.

Here are four traditions from other countries that can transform your work-life ba...

Chancellor Jeremy Hunt could have more options ahead of March’s Budget as government borrowing halved at the end of 2023. With a general election looming, Hunt may take the opportunity to ease the tax burden. Read on to discover some of the personal finance changes that could be announced.

Figures from the Office for National Statistics (ONS) show that government borrowing halved in December 2023. The lower deficit of £7.77 billion – the lowest month since 2019 – means the chancellor has more scope to implement tax cuts, increase public s...