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Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

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News Stories

Busy Brits missing out

23rd February 2018 A worrying 79% of people live their lives in a constant rush, which could see them missing out on key deals; 22% only have an hour or less per day to themselves, giving them no time to take stock of their finances. Read More...

Cost of divorce: £3,800 per year in retirement

23rd February 2018 The break-up of a marriage impacts many things, including retirement. Divorcees planning to retire in 2018 are expected to have a yearly income that is £3,800 less than those who’ve never divorced. Read More...

6 of the best two-year cash ISAs

22nd February 2018 Despite the introduction of the personal savings allowance (PSA), which lets you earn £1,000 in interest every year without paying tax, ISAs are still a worthy investment... Read More...

Old £10 note running out of time

22nd February 2018 The start of March will mark the end of the old £10 note, as it will no longer be considered legal tender. This means that next Thursday will be your last chance to pay with an old bill. Read More...

46-day limit on lifestyle without income

21st February 2018 The average family would only be able to maintain their lifestyle for 46 days if they were to lose their main source of income. This means that people may have less than two months to find an alternative income stream, or risk losing everything. Read More...

50% of 55-plus cash ISA savers never switch

20th February 2018 Cash ISA savers may be missing out on greater returns, as research shows that 50% of cash ISA savers aged 55 or older have never moved their tax-free savings to another provider. Read More...

10-yr fixed mortgage rates starting to rise

20th February 2018 Given ongoing speculation of base rate rises, many will be looking to fix their mortgage repayments for as long as possible. The 10-year rate, which saw a record low average of 2.96% at the start of February, is now unfortunately starting to rise. Read More...

Over-55s choosing gig work ahead of retirement

19th February 2018 A survey of gig workers aged 55 or over has shown that 36% take on freelance ‘gig’ jobs as a way to ease themselves into retirement. These jobs allow them to choose their own hours, while still staying active in work and earning an income. Read More...

Renters £27,000 worse off

19th February 2018 Renters are £27,000 worse off than first-time buyers, according to Halifax. The average monthly rent in December 2017 stood at £754, while the average cost of buying a similar three-bed property, including mortgage payments, stood at £679. Read More...

Don’t give up on ISA season yet

19th February 2018 There is finally some good ISA news to report again, as the number of products and average rates have risen for the second month in a row. This is the first time such increases have happened at the start of the ISA season since 2012. Read More...


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