TK Maxx has commissioned an exclusive survey to uncover the UK’ s gifting habits ahead of Valentine’s day. Data reveals the occasions most likely to inspire us invest in gifts for loved ones along with how they compare to the ones that we receive. Occasion Average Annual Gift Spend Top Gift Purchased Christmas £95.40 55% food Birthday £57.60 41% food Anniversary £64.10 43% flowers Other religious holiday £87.80 44% food Mother’s Day £39.50 63% flowers Father’s Day £45.10 40% food Engagement £75.10 51% gift cards or cash Wedding £779.40 59% gift cards or cash New Baby £43.20 62% clothing…
Author: News Team
Exclusive figures obtained via a Freedom of Information Act request revealed 220 complaints against BNPL firms last year – up from 162 in 2020 – as cost of living crisis pushes UK households to turn to borrowing for everyday essentials. Although the Financial Ombudsman Service is not yet responsible for BNPL complaints, the fact that people are increasingly contacting the service with issues indicates people have nowhere else to turn. Rise in complaints to regulator comes ahead of proposed regulation of the BNPL sector, indicating that stringent legislation is needed to protect borrowers. Despite increased reliance on BNPL, misconceptions around…
Google searches for ‘where should I get my first job’ have increased by +450% over the past 12 months Reassured found the top 10 best-paid first jobs and spoke to an expert on how to prepare for securing your first role A Babysitter role is the number one best-paid job for your first experience in the working world, where you could earn £13.52 an hour. Many young Brits will start their first job between the age of 16–24 years, in fact, 54 % of this age bracket are in employment. They may start their first job on weekends while still…
The Meta Platforms (META.O) announced on Sunday that it is testing a monthly subscription service, called Meta Verified, which will let users verify their accounts with a government ID and get a blue badge, to help content creators grow. It will start at $11.99 per month on the web or $14.99 per month on Apple’s iOS and Android systems. The subscription bundle will also provide extra protection against impersonation. Australia and New Zealand will launch Meta Verified this week, followed by other countries gradually. It follows Twitter’s announcement last month that Twitter Blue will cost $11 per month. In an…
Employers in the public administration industry are contributing the most to their employee pensions Public administration employers are also predicted to continue the above 20% contribution over the next five years Employers in six out of 16 industries are predicted to decrease employer contributions within the next two years Lucinda O’Brien, personal finance editor, offers guidance on saving for retirement For more information, see money.co.uk/savings-accounts. Money.co.uk’s cost of living statistics revealed that at a retirement age of 65+, an average pension of £19,000 is needed to live alone in the UK. But with spending tightening across the country, are employees in certain industries…
AeroCity Group, a subsidiary of Avia Solutions Group, leading aviation business group, has successfully completed the sale of the group’s administrative office located at 21A Dariaus ir Girėno street in Vilnius. The building was purchased by the Finnish real estate investment fund Titanium Baltic Real Estate. The financial details of the transaction have not been disclosed to the public. Following the completion of the transaction, Avia Solutions Group remains the sole tenant of the 10,800 square meters building through a long-term lease agreement. “We are delighted to have received recognition from foreign investors who appreciate the success of our well-developed…
A wholly-owned deVere Group company has been confirmed as the lead pension adviser for UK Members of Parliament (MPs). From a wide selection of retirement and financial advisers in the highly competitive and regulated UK market, WPS Advisory has been handpicked to deliver tailor-made advice to members of the MPs’ pension scheme. The team from WPS will provide guidance, modelling and opportunities for British politicians within the scheme in order to help them achieve their long-term financial goals in retirement. Nigel Green, CEO and founder of deVere Group, comments: “The choosing of WPS to advise the UK’s official elected representatives…
The jobs market may have been buoyant over the last two years, but with a recession pending, and the cost of living crisis still taking hold, it’s arguably never been more important to make sure your next jump is right for you. And one of the best ways you can ensure your new job is the right step is to make sure you’re asking the right questions in an interview. Connor Campbell, business expert at NerdWallet, says, “A job interview has historically been seen as the opportunity for the company to interview the applicant. But over the last couple of years,…
UK GreenTech disruptor ISB Global set for international expansion by joining Global Incubator Programme The programme is organised through scale-up specialists, UK Research and Innovation ISB CEO says UK GreenTech sector is “set to be the world leader” UK-based recycling and waste management software innovators, ISB Global, has joined UK Research and Innovation’s (UKRI) Global Incubator Programme. Their involvement with the programme signals the potential for the UK to become the world’s leading exporter of GreenTech. ISB Global secured its place on the Global Incubator Programme following their involvement with the EDGE Scaleup Programme, a separate UKRI programme designed to support…
Global investors should remain open to India’s enormous potential, despite the heightening crisis engulfing the Adani Group, affirms the CEO of one of the world’s largest independent financial advisory, asset management and fintech organisations. The observation by Nigel Green of deVere Group comes as MSCI, the global index provider, is set to change its weightings for Adani Group shares after assessing how many shares can be freely traded. It follows earlier this week mass protests by India’s opposition parties who are demanding a probe into allegations by a U.S. short-seller against the conglomerate, which triggered the Adani Group of companies…
