The Spring Statement 2025 outlines key changes to benefits, inflation forecasts, and public spending that could impact household budgets and long-term financial planning across the UK.
Despite their potential for higher returns, Stocks and Shares ISAs saw a decline in subscriptions, highlighting a need for improved financial literacy and awareness among UK investors.
As of 2024, the UK housing market faces persistent affordability challenges, with median house prices at £290,000, despite a slight improvement in the price-to-income ratio due to rising earnings.
UK millennials face a pension crisis, with 59% struggling to save for retirement amidst high living costs and changing employment patterns, raising urgent concerns for their financial future.
In the UK, your credit score is crucial for accessing loans, securing rentals, and influencing employment opportunities, highlighting the importance of understanding and managing your financial profile.