UK savings grow as households reluctant to spend

New data on the nation’s finances published by the Office for National Statistics today showed that the UK saving ratio now stands at 11.1%, higher than it was before the pandemic.

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Nearly 60% of charities hold no long term investments

A new study of Charity Commission data has revealed that 58% of charities hold no long term investments and are potentially missing out on £1.5bn in returns a year.

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Higher inflation for working families puts pressure on Triple Lock

Higher inflation data for non-retired households released today by the Office for National Statistics could put pressure on the pensions Triple Lock pledge, according to consultancy Broadstone.

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Top paid pensioners see 9% annual income growth

 

The top 20% best paid pensioners saw their incomes rise by 9% annually - equivalent to £2,496 every year - over the decade up to 2022/23, according to new analysis.

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