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.
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. This Autumn 2020 personal finance overview aims to give you the tools to navigate the coming months.
Tough times are ahead. Sadly, the economy is in bad shape. Jobs will be lost and people will be made redundant. Some estimates suggest unemployment could reach 10% this year. 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 […]
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 […]
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 […]
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 […]
Is getting back to the ‘normal’ financial systems we’ve been part of for so long really a good thing for our own personal finances and for society as a whole? Should we accept a financial crisis and income inequality? This is a slightly different post to usual. But, given the unprecedented events this past season […]
The advent of summer is usually met with sunny holidays, long evenings in beer gardens and a whole new wardrobe to make sure the inevitable Instagram pictures are all on point. This post will give you four top tips on how to save more money this summer. It’s unlikely we’ll be jetting off abroad anytime […]
A lot of people will be facing a significant (20 percent) reduction in income in the coming months.
Here are five top tips to top up any missing income and maximise your bank balance.