What is LIBOR?
LIBOR (the London interbank offered rate) is essentially the rate at which banks lend money to each other.
Unlike the Bank of England Base Rate, LIBOR is not set directly. Instead it is calculated based on the supply and demand …
What is ‘G Day’
G Day (21st December 2012) – is when men and women have to be treated equally when it comes to insurance premiums and pension annuities. G Day has been brought about in order for the UK to comply with …
UK interest rates unchanged at 0.5%
The Bank of England has kept UK interest rates at 0.5% and announced no expansion to its quantitative easing (QE) programme.
Although largely expected and good news for borrowers, this is not good news for savers.
If you are tired …
Are mums undervalued?
They probably are. If mums want to look after their family, they need to put themselves first for a change.
Over half the mums in Britain don’t have life assurance. Yet the cost of paying someone to carry out the …
Can I make pension contributions if I don’t pay UK tax?
If you don’t pay tax you can still pay into a personal pension and benefit from basic rate tax relief (currently 20%) on the first £2,880 a year you put in. In practice this means that if you pay £2,880 …