Category: Covid-19 income
2021 Budget – Will you be better or worse off?
We haven’t been short of financial announcements from the UK government this year, but the 2021 Budget is the most important. In this post I will run through some of the most important announcements for you. With rising inflation, increasing energy costs and an uncertain economic future means people are increasingly worried about their financial…
Why the National Insurance hike is bad for wealth inequality
National Insurance hikes and social care costs have been hitting the headlines this week. As with any new government policy, this has sparked lively debate. Having had a few days to read up on the issues and gather my thoughts, I’ve decided it’s time to weigh in – specifically on the issue of wealth inequality.…
What does the 2021 Budget mean for me?
What does the 2021 budget mean for me? Don’t worry if you’re trying to work this out still. Chancellor Rishi Sunak stood up in the House of Commons and spoke for nearly an hour this afternoon. That’s enough to confuse anyone! I’ve compiled the key points you need to know now, based on the policies…
5 reasons why we need more debt support
2021 is off to a rough start. The UK is now in a lockdown until at least mid-February, although many are predicting it will last until March at the earliest. Many are finding it tough to make ends meet. With that in mind, I wanted to use this post to share 5 reasons why we…
Winter Economic Plan – What does it mean for you?
With the Autumn Budget scrapped, Chancellor Rishi Sunak has outlined the government’s Winter Economic Plan to the House of Commons. The highlight was the much anticipated Coronavirus Job Support Scheme, which will replace the furlough scheme at the beginning of November.
Personal finance overview – Autumn 2020
Times are uncertain and, as the Autumn fast approaches, there is no sign of that changing. This will have a significant impact on personal finances and how wealthy or not you feel in the coming months. We have no control over what will happen but we can make sure we are as prepared as possible.…
What to do if you are made redundant
Sadly, every year people lose their jobs and are made redundant. No one sets out to lose their job or relishes the idea, but there are certain things you can do to make the situation better if it does happen to you. I’m hoping to explain your key rights and what support is available to…
Summer Statement: What does it mean for you?
It’s no secret that coronavirus has been damaging to the economy and many have suffered and will continue to suffer as a result. Pressure has been mounting on the government to increase their economic response. They delivered in a Summer Statement or mini budget on 8th July. As we move into phase two of the…
How much does a pint cost you?
For those who like to venture out to pubs and restaurants, the temptation to consume and spend in excess can be strong, particularly after months of restraint. If left unchecked, this could see your saving goals go out the window. But how much does a pint cost? And can you ever have ‘just one’? There…
It’s a taxing life: Everything you need to know about the future of tax
For the past three or four months, everyone’s focus has been rightly on getting by day-to-day and managing the health crisis. As we begin to move past the peak of the pandemic, attention is now shifting to the economy, which means tax increases are back on the table. Right now, we don’t know much but…