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In the press

The Press and Journal – Your Money: Scots now more financially resilient but still facing £31bn savings shortfall
September 6, 2021

View this article here. Scottish households are facing a £31 billion savings shortfall despite the stay-at-home boost caused by Covid-19 restrictions, a new report says. This is the extra amount Scots believe they would need to withstand a financial shock, which equates to an average shortfall of £6,938 per head, according to Yorkshire Building Society (YBS). Its

The Telegraph – Raising National Insurance to fund social care overhaul will hurt growth, economists warn
September 4, 2021

View this article here. A National Insurance hike will deal the UK’s recovery up to a £6.5 billion blow, risk thousands of jobs and worsen inequalities, economists have warned as the Prime Minister readies a tax raid to fund a social care overhaul. Boris Johnson was urged to reconsider the proposals to pay for elderly care by

Mortgage Introducer – YBS: Consumers face £371bn savings shortfall
September 1, 2021

View this article here. Consumers are currently facing a £371bn savings shortfall when it comes to feeling able to withstand a financial shock, according to Yorkshire Building Society’s The Nation’s Nest Egg report. The report, which was conducted in partnership with the Centre for Economics and Business Research (Cebr), found that UK adults require savings

iNews – More people are working into their sixties than ever before, report finds
September 1, 2021

View this article here. The proportion of people aged over 50 in employment is set to hit 47 per cent by 2030 following a 36 per cent increase in the absolute number the last two decades, according to a new report. The ‘Working Late: Over 50s and employment’ report, released by Legal & General Retail

Teesside Live – Early retirement is being retired – number of over-50s in work set to reach record high
September 1, 2021

View this article here. The number of people over the age of 50 in work is set to reach a record high by 2030, a new report predicts. Research suggests that almost half of those in the older age group will be in work within the next decade, compared with fewer than a third in

Pensions Age – Over-50s in work to reach record high by 2030
September 1, 2021

View this article here. The proportion of over-50s in work is set to reach a record high of 47 per cent by 2030, according to Legal & General (L&G) Retail Retirement and the Centre for Economics and Business Research (CEBR), with a similar trend expected for those working past state pension age. The report, Working Late:

The Construction Index – Campaign group calls for more action on late payment
September 1, 2021

View this article here. Despite progress at many major contractors, the construction industry is still moving too slowly in tackling late payment, says the Good Business Pays campaign group. The Good Business Pays campaign launched on the 14th May 2021 to encourage the UK’s largest companies to fast track payments to small suppliers, helping them

Daily Echo – Number of over-50s in work set to reach record high
August 31, 2021

View this article here. The number of people over the age of 50 in work is set to reach a record high by 2030, a new report predicts. Research suggests that almost half of those in the older age group will be in work within the next decade, compared with fewer than a third in

The Times – We all need more public holidays, say unions
August 31, 2021

View this article here. The government should create four more bank holidays to improve the “stingy” entitlement that UK workers have in comparison with other countries, the Trades Union Congress has said. Workers in England and Wales enjoyed eight bank holidays a year, while the European Union average was 12.8, it said. Of the home

Daily Express – Savings warning as Britons face £7,000 ‘shortfall’ – act to secure ‘financial security’
August 31, 2021

View this article here. Saving money has been a challenge for many people due to the strains of the COVID-19 pandemic. However, for others, remaining at home has meant cutting down on expenditure which can go towards their savings. Despite a bumper stay-at-home savings boost, though, many are falling short of what they need to feel

City A.M. – UK facing £371bn savings shortfall despite financial resilience improving
August 31, 2021

View this article here. Consumers are currently facing a £371bn savings shortfallwhen it comes to feeling ready to cope with a financial shock, according to a new report. Adults in the UK require a nest egg of £17,465 to feel financially secure while the average Briton needs an additional £7,220 to reach this goal, Yorkshire

The Telegraph – Record number of people forced to work into old age
August 30, 2021

View this article here. Half of all over-50s will still be in the workforce by 2030 as older workers increasingly delay retirement.   Hundreds of thousands of extra workers over the age of 50 will stay in work longer, either because they cannot afford to retire or because the rise of remote working improved flexibility. That is

Cover Magazine – UK staff unsupported on future of working habits: LifeSearch
August 25, 2021

View this article here. LifeSearch’s latest update to the Health Wealth & Happiness Index finds that employers are not listening to staff on how they wish to work. Just 15% of employees stated that their employer had sought their input or opinion on how they want to work going forward, whether that be in the

The Telegraph – Five charts that predict the next house price crash
August 25, 2021

View this article here. The property market has been running at 1,000 miles per hour for more than a year. But in July the disappearance of stamp duty holiday savings triggered a drop in transactions to 22pc below normal levels.  Demand is calming, the end of the moratorium on mortgage repossessions has lifted, and high inflation is

Evening Standard – Londoners balk at full-time return to office
August 24, 2021

View this article here. ondon’s workers are the least happy to return to the office full-time, despite more than 6 in 10 being unhappy with their current remote work set-up, says new research. More than half (57%) of those polled said they’d be happiest with a hybrid of working remotely and at their workplace. Meanwhile,

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