Economy

A study has revealed that millions of adults have no savings to fall back on as they have already been used up to pay for essential items rising in price. The study by Scottish Friendly and the Centre for Economics and Business Research (CEBR) found that one in six (16%) adults have used all their s

Over one million people are considering a reduction to their pension contributions to deal with the cost of living crisis.

Latest report shows 4.4 million households are struggling financially, up from 2.8m in October 2021 - an increase of 1.6m households.

Drivers in Scotland face the highest increase to car insurance prices with an increase of 8.4 per cent as the average yearly premium reaches £580.

Increases in the cost of living have led to more financial difficulties with 85% of surveyed individuals having said they are worried about their personal finances and, some are expecting to save less or stop saving at all towards their short and long-term savings goals, or are cancelling or d

A new report published by the Office for Budget Responsibility (OBR) says "the world is becoming a riskier place" and that the UK's current fiscal direction is "unsustainable".