Articles
How much are the national minimum wage and national living wage going up?
Three and a half million people in the UK saw their wages rise on 1st April 2025. The national living wage for over 21s rose from £11.44 to £12.21 (6.7% increase), while the national minimum wage for 18- to 20-year-olds rose by 16%.
Office for Budget Responsibility
You may have heard of the Office for Budget Responsibility (OBR) and their bi-annual forecast, but do you know who they are, what they do, why they were set up, and how their predictions influence the economy - and your personal finances?
Bank of England halved its sales forecast
The Bank of England’s growth predictions have shrunk from 1.5% to 0.75% for 2025, as they cut interest rates to their lowest levels in almost two years.
Bond market and borrowing costs
Government borrowing has reached its highest level in several years, but what does that mean for the UK economy and your personal pocket?
Four things the latest inflation figures tell us
The UK’s inflation rate increased to 2.3% in October 2024. Inflation peaked at 11.1% two years ago, but even though it didn’t continue to sky-rocket, rising inflation is still affecting us. Here are four things the latest inflation figures tell us - and how they may affect you.
