August 2024 News Archive

An estimated 19.2 million getaway trips are expected between Friday and Monday.

An estimated 19.2 million getaway trips are expected between Friday and Monday.

Average fixed ISA returns maintained stability, and even saw month-on-month increases in August.

Average fixed ISA returns maintained stability, and even saw month-on-month increases in August.

The number of buy-to-let mortgage products for holiday lets has risen over the past year, but upcoming tax changes could mean further challenges for landlords.

The number of buy-to-let mortgage products for holiday lets has risen over the past year, but upcoming tax changes could mean further challenges for landlords.

Two thirds of all adults agree there are more barriers to Generation Z achieving financial well-being, including higher cost of living and inadequate education.

Two thirds of all adults agree there are more barriers to Generation Z achieving financial well-being, including higher cost of living and inadequate education.

American Express is now offering 5% cashback, up to £125, on its Amex Cashback Everyday Credit Card. Find out more about this offer and if it’s right for you.

American Express is now offering 5% cashback, up to £125, on its Amex Cashback Everyday Credit Card.

The risks involved with using credit cards to invest are likely to outweigh the potential benefits.

The risks involved with using credit cards to invest are likely to outweigh the potential benefits.

Mortgage rates dropped between July and August as lenders reviewed and repriced their product ranges. Find out more about the current state of the mortgage market.

Mortgage rates dropped between July and August as lenders reviewed and repriced their product ranges.

The rate of inflation rose from 2% in June to 2.2% in July.

The rate of inflation rose from 2% in June to 2.2% in July.

The average cost of home insurance rose to almost £400 in the second quarter of 2024. Find out why prices are going up and how you could cut costs.

The average cost of home insurance rose to almost £400 in the second quarter of 2024.

Find out whether your lender is among those to have already passed on the reduction to variable mortgage rates.

Find out whether your lender is among those to have already passed on the reduction to variable mortgage rates.

As average rates on fixed bonds fall, particularly on longer-term bonds, savers should review their savings to ensure they’re getting a competitive return.

As average rates on fixed bonds fall, savers should review their savings to ensure they’re getting a competitive return.

The app-exclusive provider also plans to cut rates on its easy access account.

The app-exclusive provider also plans to cut rates on its easy access account.

This is the first time in 15 years two and five-year bonds from the Government-backed brand have been on general sale.

This is the first time in 15 years two and five-year bonds from the Government-backed brand have been on general sale.

TSB’s latest current account switch incentive offers new current account customers a £100 bonus and up to £90 cashback. Find out more details here.

TSB’s latest current account switch incentive offers new current account customers a £100 bonus and up to £90 cashback.

The Bank of England’s Monetary Policy Committee (MPC) voted 5 to 4 in favour of reducing the base rate to 5.00% in its meeting today; the 0.25 percentage point cut brings an end to a year-long interest rate pause.

This marks the first cut to the base rate in over four years.