Matt Browning

Isle of Thanet

Reporter at https://t.co/ZPruuW8nzB• Previously Reach PLC & @esmagofficial • Half a @disco_freaks • Fan of Sundays, Saturday Kitchen + George Michael

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Articles

Half of UK using cash ‘a lot less’ than before pandemic

5 days ago | yourmoney.com | Matt Browning

Almost half (45%) of UK adults are using cash a lot less than before the pandemic, an ATM network reveals. Two-thirds (63%) said they used less cash than before the UK went into lockdown in March 2020, according to research from LINK. More than half of the UK were also using contactless payments more in the last five years, with a third (31%) using their mobile phones more to make purchases.
Tax tips to get 'Red Box Ready' before the Autumn Budget

1 week ago | yourmoney.com | Matt Browning

With the dust still settling on the Spring Statement and a (hopefully) sunny long bank holiday underway, the next fiscal announcement from Chancellor Rachel Reeves might feel an age away.
Best of British aisles: Freshest supermarket offers on food this Easter

1 week ago | yourmoney.com | Matt Browning

Posted: 16/04/2025 Updated: 16/04/2025 This bank holiday weekend, supermarkets have locked horns to provide the cheapest deals for households after bargains on Easter essentials. It’s not just the budget retailers with produce on offer for a pittance, either. Asda, Morrisons, Sainsbury’s and Tesco all have vegetables on offer for less than the price of a Freddo in 2025.
Frozen thresholds will drag 18 million Brits into paying tax 'by stealth'

1 week ago | yourmoney.com | Matt Browning

Almost 18 million Brits will be dragged into paying the basic rate of income tax in the next three years, a study finds. The current thresholds – frozen by former Conservative Prime Minister Rishi Sunak since 2021 – have already led to 6.3 million taxpayers paying the basic rate for the first time, according to Quilter’s Freedom of Information request to HMRC. A further 11.6 million will pay 20% on their income until the 2027-28 tax year ends, while eight million will be on the 40% higher rate.
Free railcard offer from major bank for young savers

1 week ago | yourmoney.com | Matt Browning

Santander is offering a free four-year railcard for customers, but you have to be aged under 25 to claim one. New and existing account holders aged between 20 and 25 who open a Santander savings account or cash ISA can bag the deal. A second requirement is that customers need to set up an online or mobile banking account by 31 May 2025. The final term of the deal includes maintaining a minimum balance of £50 in your account until 30 June 2025 and beyond.
Job vacancies drop to ‘sluggish’ four-year low

1 week ago | yourmoney.com | Matt Browning

The number of jobs available for hopeful workers in the UK dropped to a four-year low at the start of this year, official statistics reveal. For the first three months of 2025, the estimated number of vacancies fell by 26,000 to 781,000, according to the Office for National Statistics (ONS). The drop marked the 33rd quarter in a row the number of vacancies fell, and was the first time since 2021 that the job market was weaker than pre-pandemic levels.
Pension gender gap widens as contributions soar in 2024

1 week ago | yourmoney.com | Matt Browning

Savers in the UK deposited £285 per year more into their pensions last year than in 2023, research reveals. The average contribution rose from £1,192 to £1,477, according to PensionBee. As the money added to account holders’ retirement pots increased, so did the disparity in what men and women were able to store. Men were able to contribute £316 more to their funds, while women added £174 extra to their pots, representing rises of 23% and 18% respectively.
Regulator finds some firms 'lack empathy' with bereaved customers

2 weeks ago | yourmoney.com | Matt Browning

The financial regulator has called for all banking providers and firms to improve the experience of customers affected by bereavement. The Financial Conduct Authority (FCA) launched a probe into how banks and building societies treat customers who need to register under a power of attorney. Banking providers were reviewed on how they treat customers affected by bereavement, following concerns about what support families receive.
Londoners earn more and spend less than rest of UK

2 weeks ago | yourmoney.com | Matt Browning

While Londoners typically earn more than the rest of the UK, they spend less on everyday life, research reveals. Residents in the capital take home over a third (39%) more than other regions in Britain, but when it comes to household consumption – excluding housing costs – they spend 7% below the nation’s mean amount, according to the Institute for Fiscal Studies (IFS).
UK economy remains in ‘precarious position’ despite growth in February

2 weeks ago | yourmoney.com | Matt Browning

The UK economy returned to growth thanks to a boost in services output, according to official Government data. Monthly gross domestic product (GDP) is estimated to have grown by 0.5% in February following a period of stagnation in January, which was revised from a 0.1% fall. Real GDP – which is adjusted for inflation – is estimated by the Office for National Statistics (ONS) to have grown by 0.6% in the three months to February 2025.