George Nixon

England

Financial journalist @thetimes and The Sunday Times. Young journalist of the year nominee 2023, @wincottfound. Mortgage rates and meltdowns about sports teams.

Articles

Why you could be waiting until 2029 for a Premium Bond win

3 days ago | thetimes.com | George Nixon

Millions of savers with small sums in Premium Bonds are waiting an average of three and a half years for their first prize — and missing out on higher returns elsewhere. The prize fund lottery, run by the Treasury-owned bank National Savings & Investments (NS&I), pays out tax-free prizes of between £25 and £1 million every month. It is Britain’s most popular savings account, with £131.4 billion deposited by about 22.5 million savers.
Banks target wealthier borrowers with mortgage rate rises

1 week ago | thetimes.com | George Nixon
'Canada Life rejected my £80k claim for illness it said it would cover'

1 week ago | thetimes.com | George Nixon
All we have in common is our love for the cash Isa

1 week ago | thetimes.com | George Nixon

Details of the changes are still light, although she has been lobbied by some City figures to reduce the amount that can be saved into a cash Isa each year to as little as £4,000. Some £41.6 billion was paid into cash Isas in 2022-23, according to HM Revenue & Customs (HMRC), compared with £28 billion put into the stocks and shares equivalent.
Can't charge an electric car at home? Then petrol may be cheaper

2 weeks ago | thetimes.com | George Nixon
Rachel Reeves wants your pension to back Britain. It could cost you

3 weeks ago | thetimes.com | George Nixon
how cash is surviving

3 weeks ago | thetimes.com | George Nixon

Broad Grant-Stafford has just emerged from Cranbrook Bakery on the high street in Tenterden, Kent, with a box containing a chocolate eclair, a doughnut, a flapjack and a tiffin, paid for with a £20 note. Grant-Stafford, a 69-year-old retired chartered psychologist, tries to use cash wherever he can. "I use a card for the supermarket and petrol because it's easier, but the rest of the time I prefer cash," he said.
New 100% mortgage deal launches in UK

3 weeks ago | thetimes.com | George Nixon
Car finance revival as memories of the mis-selling scandal fade

3 weeks ago | thetimes.com | George Nixon
Car finance revival as memories of the mis-selling scandal fade

3 weeks ago | finance.einnews.com | George Nixon

The car finance industry delivered the biggest rise in new lending in more than three years, despite the mis-selling scandal looming over it. About 240,000 new and used cars were bought on finance in March, according to the Finance and Leasing Association (FLA), and industry body, up 11 per cent compared with the same month last year and the biggest rise since February 2022. Car finance loans worth £5.15 billion were approved in March, up 18 per cent compared with the same month last year.