Welcome to the Money blog, your source for personal finance and consumer news and tips. We invite you to share your thoughts and opinions on the topics we cover.
In recent news, the world’s most expensive place to live has been revealed. The rising trend of ‘doom spending’ has also been making headlines, and we have tips on how to avoid falling into this trap. Plus, we take a look at what you may have been doing wrong with your green curry in our Cheap Eats segment.
In other news, we take a closer look at the topic of wills and how they can benefit you and your loved ones.
We also want to hear from you, our readers. Are you facing challenges with rent or have you ever lived in a rent-controlled home? Share your experiences with us by contacting bradley.young2@sky.uk or reaching out to us on WhatsApp.
In the world of finance, Barclays has recently announced an update to their bonus policies. The bank’s senior executives will now be eligible for bonuses of up to 10 times their base salary, up from the previous limit of two-to-one set by the EU in 2014 when the UK was a member. According to a spokesperson for the bank, this change will not affect the overall incentive pool, which is still based on the bank’s overall performance. Rather, it allows for more flexibility in differentiating individual bonuses within a specific group of employees. This move follows similar actions taken by other banks such as Goldman Sachs and JPMorgan.
Stay tuned for more updates and news on personal finance and consumer topics. Thank you for reading the Money blog.
