In 2020, the government spent an unprecedented amount supporting the economy through the Covid-19 pandemic. The economic consequences are expected to be felt for years to come and will no doubt influence policy that will affect personal finances. For the 2020/21 tax year, public sector net borrowing – the difference between public spending and total receipts from tax and other sources – was £394 billion. That’s a huge £339 billion higher...read more
25.05.2021Equity release: As property values soar, could your home help fund your later life?