Building societies fear consumers will be put off from saving if chancellor’s budget announces a 40% reductionBusiness live – latest updatesRachel Reeves’s plan to slash the annual cash Isa limit by 40% could...
Read MoreTreasury committee says move in November budget could push up mortgage rates insteadCutting the annual cash Isa allowance will not encourage many savers to switch to shares but could push up mortgage costs, MPs have warned the...
Read MoreResearch finds it would take average worker saving all their earnings for 52 years to match wealth of richest 10th of societyIt would take the average earner in the UK 52 years’ worth of earnings to become as wealthy as...
Read MoreFinancial experts express alarm after jump in sums people taking out of retirement pots amid ‘jitters’ about taxOlder savers should avoid making rash decisions about their pension cash based on “fear and...
Read MorePeople know about savings. But investing in stocks and shares? Not so much. Ministers have a duty to be clear about the benefits and risksHilary Osborne is the Guardian’s money and consumer editorWithout wanting to sound...
Read MoreAll you need to know, from investment pros and cons to what changes are on the table and how best to take advantageRachel Reeves wants Britons to put more of their spare cash into shares to help them get better returns, support...
Read MoreOBR says average income of 3.2 million families affected by benefits cuts will drop by £1,720 a year in real termsThe chancellor, Rachel Reeves, has delivered her spring statement, and the Office for Budget Responsibility...
Read MoreCity wants more investment in stocks but move could reduce availability of mortgages for first-time buyers Britain’s biggest building society has waded into a row over whether the government should cut tax breaks on cash...
Read MoreReports that Rachel Reeves likely to increase taxes have spooked customers, say investment firmsReeves to leave capital gains tax on property untouched, reports saySavers have started to withdraw cash from their pension pots...
Read MoreConsumer expert writes to chancellor outlining four changes to help remedy financial injusticesRachel Reeves must overhaul the allowance that has resulted in thousands of unpaid carers being saddled with life-changing debt, and...
Read MoreResolution Foundation calls for auto-enrolment into saving schemes, as millions have no ‘rainy day’ fundMore than 11 million working-age people in Britain don’t have basic “rainy day” savings of at...
Read MoreMPs question why some savers are receiving only 0.25% despite 12 consecutive Bank of England interest rate risesBusiness live – latest updatesBritain’s biggest banks need to “up their game” and stop...
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