Economy

What Covid has really done to your money

The UK has one of the highest Covid-19 death rates in the world

What Covid has really done to your money What Covid has really done to your money For a while there, we were happy to believe the seemingly impossible.   That somehow the cash injections and suspension of reality that was lockdown and the lack of expensive holidays and the logic-defying property market and a slow burn of unemployment would mean …

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Today is the day our finances hit rock bottom

<p>Half of us are likely to be relying on some form of borrowing, research suggests</p>

Today is the day our finances hit rock bottom Today is the day our finances hit rock bottom It hasn’t been the best of weeks so far.   Blue Monday – once little more than a marketing gimmick – has come and gone. But today is when the real low point arrives, at least where our financial affairs are concerned. …

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Self-employed mortgages: More hoops, more scrutiny, less money

<p>Estate agents offer a valuable service for some, but will take more in commission than a private-sale website</p>

Self-employed mortgages: More hoops, more scrutiny, less money Self-employed mortgages: More hoops, more scrutiny, less money The Covid-19 crisis will have a long tail for the UK’s large army of freelance and self-employed workers.   Not only have the UK’s 4.6 million freelancers been particularly hit by the economic crisis caused by the pandemic, but they will also find it …

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Leniency for taxpayers as Britons spend 19 million hours on returns

<p>Having to homeschool your children could be a valid excuse for filing your tax return late</p>

Leniency for taxpayers as Britons spend 19 million hours on returns Leniency for taxpayers as Britons spend 19 million hours on returns Britons will rack up 19 million hours filling in their tax returns this year, after new research highlights worrying gaps in people’s knowledge of the system. A survey of 4,000 people by consumer group Which? found only three …

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Why you need to know about GHIC

<p>A fifth of British people have already booked a holiday in 2021</p>

Why you need to know about GHIC Why you need to know about GHIC Nothing fuels the daydreams of a hot holiday like a cold, wet lockdown. A fifth of British people have already booked a holiday in 2021, according to AA Insurance, and despite all the uncertainty and restriction changes here and overseas, another 20 per cent say they …

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Vaccine scams now present biggest threat to personal financial security, banks warn

<p>City of London Police are looking to speak with the man pictured above after an elderly woman was given a fake Covid-19 vaccine and charged £160</p>

Vaccine scams now present biggest threat to personal financial security, banks warn Vaccine scams now present biggest threat to personal financial security, banks warn News that a fraudster brazenly stuck a syringe full of an unknown material into a pensioner’s arm before charging the elderly woman £160 sent shivers up the spines of Britons everywhere last weekend.   But Covid, …

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Three ways you might be owed forgotten cash

<p>‘Across the UK, people are owed money by their previous or current energy suppliers’</p>

Three ways you might be owed forgotten cash Three ways you might be owed forgotten cash We know that if all else remains equal, a national lockdown offers us an opportunity to save cash, especially on discretionary purchases.   As days out, work and school lunches and a quick pint after work fade out of the list of possibilities, so …

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How to financially survive lockdown 3.0

A new lockdown in England is expected to last until mid-February

How to financially survive lockdown 3.0 How to financially survive lockdown 3.0 It was only a matter of time, and yet, when it arrived, it was still a shock. Lockdown 3.0 is here, but this time we know the drill. For some of us, that will mean simply hunkering down and doing our best to limit the damage to our …

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Reasons to be cheerful about your financial future

The financial resolutions to make in 2021

Reasons to be cheerful about your financial future Reasons to be cheerful about your financial future We get it. The double whammy of new lockdown and January blues is pretty miserable. And the Christmas credit card bill is due to land any day now.   But if 2020 has reminded us of anything it’s that we’re a resilient bunch.   …

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The financial resolutions you should make in 2021

<p>After such a tough year, deciding to rebuild your finances could make a huge difference</p>

The financial resolutions you should make in 2021 The financial resolutions you should make in 2021 After the bruising year that 2020 turned out to be, many of us will be less willing to make new year resolutions for 2021. After all, resolving to travel or visit friends more when the country is still in a crisis could simply be …

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