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Interest rates if we have inflation and recession
Interest rates go up to control inflation and down to stimulate a sluggish economy/recession if I understand correctly. Currently inflation is not fully under control and large public sector pay rises are said to likely worsen the scenario, however there is also a lot of talk of poor sales and a possible looming recession.…
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Best Cash ISA with Pots
Hello everyone. My partner and I are looking to set up a cash ISA for our regular savings such as house deposit, holidays, gifts, car deposit, etc. As such, we need a cash ISA that allows you to seperate the savings into different pots so we know how much we have for each category. Are there any recommendations for a cash…
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Moving from Vanguard - Where to and any cashback?
So I have 13k in a stocks and shares ISA (FTSE all world index). Wife has 26k in the same. With the £4 monthly charge the plan is to put 6k of my ISA into my wife's to take her over the 32k threshold where the charge of £4 applies. Then I need to open a new ISA somewhere else for my 7k. Was thinking there could be a…
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HTB: Funds Received - not allocated
Hi. I opened a 6 month fixed saver with HTB (Hampshire Trust Bank) yet on checking my account today I noticed that the last payment I sent has not been put in the account and in the description it displays "Funds Received - not allocated". Does anyone know what this means? My regular current account is showing the amount…
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Selling Vanguard Lifestrategy - CGT/tax question
Hi all and Happy New Year! I was wondering if someone could help me; I have Vanguard Lifestrategy 60% blended fund with Vanguard in a general investment account and I am now looking into selling some/all to transfer to an ISA account. I have been regularly contributing to this account on a monthly basis for just a couple…
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Best Savings Options for £60k+
My son has been lucky enough to save approx £60k and we're keen to understand what his best savings options are? Currently he has a lifetime ISA, (not sure how much he has in it, approx £10k I think). The rest is just in conventional savings and current accounts. What would you recommend are his best options?
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Happy New Year to all of you! I hope 2025 is a v good year for you and all those you love & cherish!
Just to wish everyone who contributes in any way to this (usually) wonderful Savings and Investments forum, no matter whether you're a complete newbie, an occasional visitor or a regular contributor, whether you post a lot, infrequently, very rarely or not at all, a very happy and productive (in the ways that you want it…
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Advice on 20k for 18 year old
Happy new year. What better way to spend it then getting financial advise when you're working. So my son turns 18 in a few days and will inherit £20,000. Obviously rather then watch this being wasted looking for best advice to give to him. My limited knowledge (and wish for him) would be work towards getting onto the…
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CGT
Trying to work out potential CGT gain on Shell plc, Nat Grid and Centrica shares. Bought British Gas shares back in the original Ask Sid flotation and I think over the years I have accumulated these 3 companies as a result of de mergers, take overs from the original British Gas shares. How do I work out the original cost…
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The Buffettster
Warren Buffett jumped from about 3% cash allocation to 12%, 1 year before the dot-com crash. He went from under 10% to 23%, 3 years before the 2008 Financial crisis. In the last 2 quarters, has jumped from around 15% cash to 28% cash. Timing or time in? Decision time! If only I had $330bn in cash to play with, I could…
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Where can I find the latest exact odds per prize for premium bonds?
Their website tells you how many amounts of each prize are awarded but it doesn't tell you the exact odds. For example 1 in x chance of winning £25 per bond etc
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£40k to save or invest
I am 33, in full time employment with a decent pension, currently have a mortgage on my home and have £40k in savings. I am looking for ways to make the most from this money (currently in premium bonds). Have considered ISAs, buy-to-let and investing in a business. Ideally would like to get some regular income with a lump…
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Bond ETF's
I recently re-introduced bonds into my S&SISA using the following ETF: iShares Core Global Aggregate Bond UCITS ETF GBP Hedged (Dist) (AGBP) Admittedly I don't fully understand Bonds as a product but at a high level from an investor standpoint aware they can be used as a defensive element in a portfolio alongside equities…
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Savings advice
Hi. I have about 10k gathering dust in the bank. What is the best thing to do with it?? It's not exactly spare, but I don't need it right now, it's for emergencies really. Should I put it in a stocks/shares ISA ?? Or something different
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Moneybox ISA FSCS Saving Protection
I have a Moneybox ISA, funds are held in with multiple banks, however they never hold more 50% of total funds with any single bank. So when it comes to FSCS protection it covers max £85000 per UK-regulated financial institution, does this mean the max you can hold protected with Moneybox is £85000 OR could this be higher…
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What to do with large cash gift
Would appreciate some thoughts and advice please. I’ve been gifted £60k by a family member. I have an £80k mortgage currently on a low rate (1.4% fixed ending in the summer) then looks like rates will really jump for me. i have low savings, around £5k as an emergency fund but could add more to make sure we have 3 months. I…
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Self assessment query
Hi, I've received my P800 tax calculation for FY23-24 and it correctly shows I earned just over £11k bank interest. It also says the tax will be collected from April next year (I'm paye) or I can make a one-off payment. Nowhere on my account does it ask me to complete an SA tax return. Would I still need to?
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NEW "Best Available" Regular Savings Accounts - "no chat" please 🙏
This thread is for people to post information about new
Regular Savings Accounts that meet the criteria of “Best Available”. Please only post here if you know of a new
Regular Savings Account with an attractive rate of interest. An “attractive rate of interest” will vary from time to
time, but is defined on page 1 of :-…
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How to get average inflation percentage over a set period of time
Can anyone point me to a site which calculates average inflation over a set period, say the past five years? Think I may have asked this before but can't find that thread in the history at the moment.
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Ulster Bank business days
Yesterday I transferred funds from my Monument savings account as the rate was reducing to my Ulster bank loyalty saver. The display indicating interest rate in UB this morning says "Your interest rate is 2.00% gross, 2.00% AER. This is based on your balance from end of last business day. " The funds arrived about 10am…
Have a savings question you're keen to discuss? Here is where posts around ISAs and tax-free savings live.
21K discussions
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Most recent: Question re moving maturing ISA funds and adding additional amount by friolento
3 August at 8:37AM
