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Scams on the rise

Fraudsters preying on people’s financial and health fears have been responsible for a sharp increase in scams recently. Criminals are increasingly sending out fake emails or SMS texts disguised as a trusted body such as HMRC, a local council, TV licensing or even the...

Inflation: at a turning point?

We could see another jump in inflation soon The pandemic has posed problems for the Office for National Statistics (ONS) when it comes to calculating the rate of inflation. For example: • How do you measure the price of an item or service when a lockdown means it is...

The first Child Trust Funds reach maturity

The first Child Trust Funds (CTFs) have reached their maturity date, but many have been overlooked or forgotten. The first CTFs reached maturity on 1 September 2020, when their owners turned 18. A government payment of at least £250 was made at birth to a CTF, for...
Savers feel the pinch as interest rates fall

Savers feel the pinch as interest rates fall

Those looking for income from their savings face an uphill challenge, with banks and building societies making swingeing cuts to the interest paid on leading accounts. This latest round of rate reductions was started by National Savings & Investments (NS&I),...