Chancellor George Osborne has given Brits a mixed bag of options in this year’s Budget. Attempts to thwart the economy falling into a double dip recession will have a dramatic effect on personal finances. Pensioners in particular are getting the raw end of the deal as their annual personal tax allowance will be frozen. Typically

Income tax As the tax bands will be changed, an estimated 1.3 million will be dragged into a higher 40p tax bracket. The Budget will trap over a million workers into paying the 40p band for the next two years, as the higher rate income tax will be reduced from £42,475 to £41,450 next year.

Saving under the current economic climate can be incredibly difficult for many as the cost of living continues to drain personal finances. A large proportion of Brits are finding it hard to make ends meet, with many going to cost-cutting extremes in an effort to save money. Research from Netmums.com found that for some mum’s

The stamp duty holiday for first time buyers, which has been in place for two years, comes to an end this week. The concession was designed to stimulate the UK housing market, by making it cheaper for first time buyers to get a foot on the property ladder. It worked by giving first time buyers

As the cost of living increases, UK households face a tough time trying to make ends meet. Surprisingly, it’s not just your average Brit who has financial problems; celebrities are also no stranger to money woes. Here are just a few of the big names with big bills: Nicolas Cage The Oscar winning actor and

The Labour Market Statistics for the three months from November last year to January this year have been released by the Office for National Statistics. The statistics have revealed some positive figures for the three months up to January, with employment rates for 16 to 64 year-olds remaining steady. The employment rate for those aged

With the first time buyer stamp duty holiday ending on March 24th and more turning to renting as mortgage providers become more cautious with their lending; can the latest House Price Index shed a more definitive light on the current shape of the UK’s housing market? According to the Department for Communities and Local Government

Hundreds of thousands of women could be at risk of losing their state pension credits if child benefit is cut, according to the Trade Union Congress (TUC). Just over 350,000 parents, with the majority of them being women, could lose the vital National Insurance credits. According to their research there are 351,000 families with children

Smoking can pose serious consequences for your overall health. This includes increasing your risk of lung and gum disease. According to theTobacco Manufacturers’ Association, the current recommended retail price for a pack of 20 cigarettes is £6.95, so smokers on 20 a day for 365 days a year would pay a staggering £2,537. Smokers also

The economic crisis has meant that unemployment levels are on the increase. Brits are already facing huge dents to their budgets with the cost of living spiralling and house prices on the increase. Being out of work adds another pressure to consumer’s already mounting debt bills. According to official figures unemployment reached a 17-year high