Lifetime ISA’s a trap say MP’s
ISA TRAPS say MP’s Lifetime ISAs (LISAs) have faced criticism from MPs and financial experts primarily due to several features that can trap savers into poor financial outcomes or penalize them harshly for changing circumstances. Here’s a breakdown of the key criticisms: 1. **The 25% Withdrawal Penalty is Harsher Than It Appears:*** **Misleading Perception:** […]
WHY has The UK has experienced the sharpest decline in real household disposable income (RHDI) among major advanced economies since 2023
WHY has The UK has experienced the sharpest decline in real household disposable income (RHDI) among major advanced economies since 2023 This due to a confluence of severe, overlapping factors, or at least say the establishment, however remember Inflation has been between 2.2% and 3.5% for the last 6 months. 1. **Persistently High Inflation: […]