Alice Foley

May 10, 2024 | woodhurst.com | Alice Foley |Lydia Coyle

The first Building Society can be traced back to Ketley’s founded in 1775 which was the first institution of its type in the world. Since then, Building Societies have continued to play a huge role in British communities and the economy. These unique financial institutions are owned by members and foster a sense of community with shared interests for the Society and members which set them apart from traditional banks (Source).

Jan 25, 2024 | woodhurst.com | Alice Foley |Lydia Coyle |Lottie Maddocks

‘Financial Literacy’ is defined by Investopedia as ‘the ability to understand and effectively use various financial skills, including personal financial management, budgeting and investing.’ In today’s economy, the significance of Financial Literacy has surged, driven by the increased complexity of financial products and services which require detailed understanding to engage with them effectively.

Nov 2, 2023 | woodhurst.com | Alice Foley

In May 2023, the Home Secretary Suella Braverman presented to Parliament finding that 1 in 15 adults were victims of fraud in 2022. While the exact figures are unknown and difficult to determine, it’s predicted by Peters & Peters and Crowe that British individuals are losing approximately £8.3 billion per year to fraud.