money

Eight pension scam tricks to avoid during the UK cost-of-living crisis

A quarter of Britons would consider accessing their pension pot cash earlier than planned amid the cost-of-living crisis, fresh research has revealed. The number of pension pots accessed for the first time in 2021/22 jumped by 18 per cent to 705,666, against 596,080 the previous year, according to the UK’s finance watchdog. The overall value …

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What a Strong US Dollar Means for You | Personal Finance

If you’re relatively well informed, you’ve heard the term “strong dollar” throughout your life, especially over the last several years since the value of the dollar has been steadily climbing over the last 15 years or so. But if somebody asked you to define a strong dollar, could you? Here’s what you need to know …

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This stock-market strategist says the coming recession could be the biggest ever: ‘I recommend prayer’

Keith McCullough, founder and CEO of Hedgeye Risk Managementisn’t one to mince words in discussing financial markets, the Federal Reserve or the economy. Right now he has a few less-than-charitable things to say about how the Fed’s rate hikes have ground up stock and bond investors. His investment-research firm’s economic models turned bearish on stocks …

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More than half a million uninsured cars taken off Britain’s roads since 2018

More than half a million uninsured cars have been taken off Britain’s roads in the last five years – including 130,000 seized in the Covid lockdown Almost 550,000 uninsured cars in total have been confiscated in 2018-2022 Some 64,682 uninsured cars have been confiscated already this year The most vehicles commandeered were in during the …

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Why won’t BA refund my flights despite travel being illegal at the time?

Why won’t British Airways refund my flights despite traveling abroad being illegal at the time due to Covid rules? In April last year Government Covid-19 rules banned international travel Travelers without a valid reason under the exemptions could be fined £ 5,000 British Airways flight ran as scheduled but our reader couldn’t go abroad By …

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InsurTech Lemonade launches in UK: Will its AI-powered £ 4 policies disrupt the market?

When you think of the insurance industry, digital disruption is probably one of the last things that comes to mind. The UK insurance industry is the largest in Europe, and the fourth largest in the world, managing almost £ 1.7trillion, according to figures from the Association of British Insurers. But it has largely been dominated …

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