People with higher incomes are ‘prouder, more confident and less afraid’, according to ‘the most comprehensive analysis to date’. Researchers in the US and Singapore analysed income data and questionnaire results of 1.6 million people in 162 countries, including the US, the UK, Ireland, Australia, Germany, France and Japan. Higher income predicted whether people felt … Read more
Is Rishi Sunak planning a stealth raid on incomes? Chancellor looks at freezing allowances and scrapping increases to pay thresholds in next month’s Budget Chancellor believed to be considering freezing personal income tax allowances Looking at axing planned increases to the £12,500 and £50,000 thresholds Move would mean tens of millions paying more and bring … Read more
Coronavirus crisis triggers 4.5% fall in working-age household incomes – their worst drop since the 70s By Daily Mail City & Finance Reporter Published: 21:51 BST, 20 July 2020 | Updated: 22:00 BST, 20 July 2020 The coronavirus crisis has triggered a 4.5% fall in working-age household incomes Working-age households have suffered the worst income … Read more
Trojan Global Income’s boss sensed turmoil ahead before coronavirus pandemic hit By Jeff Prestridge, Financial Mail on Sunday Published: 21:58 BST, 16 May 2020 | Updated: 21:58 BST, 16 May 2020 Investment house Troy Asset Management, established 20 years ago by Lord Weinstock, is a ‘conservative’ investor in financial assets. It is as much concerned … Read more
Those born in the 1980s are financially worse off than the generation before: are they really facing a state pension age of 75? The This is Money podcast By This Is Money Published: 14:38 GMT, 30 August 2019 | Updated: 14:38 GMT, 30 August 2019 This week, This is Money takes a look at a … Read more