Highest rate money market savings account

A MONEY expert has explained how to give your kids a £2.1million pension pot by saving £7.90 a day in their first 10 years. Parents can give their offsprings the retirement windfall by setting up a so-called Junior Self-Invested Personal Pension (SIPP) when they're born. The account lets you save up to £2,880 tax-free each year, and the government then tops it up by 25%, transforming it to £3,600. This is the equivalent of £7.90 a day, or almost £245 over a 31-day month. By leaving that money to grow in value, the sum could be worth £2.1million by the time your kids turn 65. This is based on the investment return of a normal index tracker fund, which typically goes up by around 7% per year on average. Of course, not all households will be able to save £8 a day for their children. But the tip is a good example of how an early start can boost your pot thanks to compound interest, while making the most of government cash on offer. Former financial advisor Alex … [Read more...] about Money expert explains how to give your kids a £2.1million pension pot by saving £8 a day

MARKS & Spencer plans to close ALL current accounts and its 29 bank branches this year. The closures, which will take effect this summer, are a result of a surge in online banking. The bank branches are located within M&S stores, but the travel money bureaux branches, which are located in over 100 stores, are unaffected. M&S told The Sun it aims to redeploy branch workers where possible, but it couldn't confirm how many are at risk of redundancy due to an ongoing consultation. M&S' current account has already closed to new customers, but it'll be available to existing customers until August 2021. The bank said it'll start contacting those customers and others who use the bank branches from today to explain their options. Where are M&S Bank's branches located? M&S Bank plans to shut its 29 bank branches from this summer. Aberdeen - St Nicholas Street Birmingham - High Street Bristol - Cribbs Causeway Bromley - High Street … [Read more...] about Marks and Spencer to close ALL current accounts and 29 bank branches this year

Coronavirus infection rates are continuing to fall across England, with one in 220 people testing positive for the virus outside of hospital, latest figures show. Around 248,100 people tested positive for COVID-19 in the community in England during the week ending 27 February, according to the Office for National Statistics (ONS). The infection rate is down from one in 145 in the previous week and is the lowest since the week to October 1, when it was one in 240. Live COVID updates from the UK and across the world The figures show it is also falling elsewhere in the UK. Advertisement In Wales, the ONS estimates that one in 285 people outside of hospital tested positive for coronavirus that week. In Northern Ireland the figure was one in 325 and in Scotland it was one in 335. Infection rates dropped across all age groups apart from secondary school pupils from Years 7 to 11, where trends are "uncertain" and decreases may be … [Read more...] about COVID-19: Infection rates continue to fall across England with 1 in 220 testing positive outside hospitals

US jobs grew more than expected last month amid falling COVID-19 cases, rising vaccination rates and extra government support putting the labour market recovery back on firmer footing. Nonfarm payrolls surged 379,000 jobs in March after rising 166,000 in January, according to a closely watched employment report. It followed the first fall in eight months in December. Live COVID updates from the UK and across the world Please use Chrome browser for a more accessible video player Feb: 'This nation will know sunny days again' Economists had forecast February payrolls increasing by 182,000 jobs. Advertisement The Labor Department figures came after the Federal Reserve chair Jerome Powell gave an upbeat view of the jobs market, but warned a return to full employment this year was "highly unlikely". While the unemployment rate fell to 6.2% last month from 6.3% in January, it continued to be understated with people misclassifying … [Read more...] about US jobs surge beats forecasts in signs of labour market recovery

In this advertising feature, Checklist has compiled 10 companies who can help you get the most out of your business and advise you when you need a helping hand... This is paid content. Readers are advised to do their own research and take professional advice if suitable before acting on any information. Take your business global while maintaining privacy The London Office Since the pandemic began, many companies have shifted to a working from home model for the foreseeable future, waving goodbye to their former premises. Not only that, but budding entrepreneurs across the UK have turned to the internet to launch their own businesses, accessing a stream of revenue unaffected by the limitations of endless lockdowns. However, whether you're an established company or a sole trader, it's still good to have an official base for your business not only to keep things professional, but keep your home address private too. That's where The London Office can … [Read more...] about From essential IT assistance to training opportunities, here are ten top brands savvy business owners need to know about