Pensioners warn of ‘tough times ahead’ as inflation hits 2.2% – what it means for their pensions and investments

Retired couple

Pensioners have been warned that tough times lie ahead as the UK’s inflation rate rises and hits the economy. The latest figures from the Office for National Statistics (ONS) have revealed that the consumer price index (CPI) rate rose to 2.2 per cent over the 12 months to July 2024. Analysts had previously forecast inflation … Read more

For entrepreneurs, it is difficult to find cash to invest outside of their business.

For entrepreneurs, it is difficult to find cash to invest outside of their business.

Open this photo in the gallery: Many female entrepreneurs need to use all their money to fund their businesses and as a result, they put off saving for the future and retirement.Getty Images Catherine Graham spent nearly a decade running two businesses in parallel. But as she grew those companies, Graham was acutely aware of … Read more

Financial expert warns of a common budgeting mistake that is ‘costing you more’

Financial expert warns of a common budgeting mistake that is 'costing you more'

To mark Financial Awareness Day on 14 August, experts and specialists at Novuna Personal Finance have highlighted the five key mistakes households make when trying to get a grip on their finances and the solutions that could save them. As the winter months approach and energy bills rise again, many are desperate to get a … Read more

Fears of a US recession are gripping markets: but is the world’s largest economy really heading for a crisis?

Rates: The Federal Reserve, led by Chairman Jerome Powell (pictured), is under pressure to cut interest rates by 0.5%, rather than the expected 0.25%, at its next meeting in September.

When America sneezes, the rest of the world catches a cold: is the oft-quoted saying that reflects both the dominant role the US economy plays in the world and the importance of its stock and bond markets to the wealth of investors around the world. Well, he may not have sneezed in the last few … Read more