Mia McGrath, a 24‑year‑old Londoner, has saved nearly £100 000 and aims to retire by 40, thanks to resisting trend-driven spending habits.
In a viral TikTok, she shared five costly habits to avoid: buying items for social media aesthetic, impulsive purchases without delay, neglecting small consistent savings, refusing side‑hustles, and relying on partners for financial security.
Her story resonates with younger UK adults learning to navigate peer pressure, independence, and autonomy in personal finance.
Experts caution that Premium Bonds winnings may lead to unexpected tax bills depending on how they’re used.
Rate cuts by more than 20 banks following the BoE move risk pushing savings returns below inflation.
The Bank of England reduced rates by 25bp to 4.0%, with a closely divided MPC underscoring policy uncertainty.
The Bank of England's Monetary Policy Committee voted to cut the base rate by 0.25 percentage points to 4.0%, marking the fifth consecutive cut in a year.
Figures reveal that traditional UK high street banks have lost an estimated £100 billion in savings as customers move their money to challenger banks and building societies.
A recent survey shows UK households saving more than any time since before the 2008 crash.
Financial educator Bola Sol recommends open budgeting and swap-days to boost savings during summer.
Financial educator Bola Sol shares budgeting tips to boost family savings.
Raisin UK offers access to over 40 UK savings providers under one login with potential bonuses.
Stocks & Shares and Cash ISAs remain tax‑efficient saving vehicles.
Consumer site Which? highlights seven tips to slash grocery bills.
Saga and others offering high‑interest saving accounts tailored to older savers.
Experts suggest holding at least three months of essential outgoings in savings.
Londoners are purchasing the lowest proportion of houses outside the capital in over a decade due to stalling local prices and the shift back to office working.
FTSE 100 property developer Berkeley Group has warned of a housing slowdown in London, forecasting further decline unless the government addresses regulatory and tax hurdles.
Amazon offers 45% discount on L'Oreal Paris Laser Renew Anti-Ageing Triple Action Eye Cream.
UK borrowing costs for 30-year debt reached 5.72%, a 27-year high, raising fears of economic decline.
Poundland plans to close up to 68 stores in 2025 following financial difficulties and restructuring.
Chancellor Rachel Reeves announced the autumn budget for November 26, aiming to address a £30 billion deficit with growth measures.
Financial expert Martin Lewis has issued a strong warning against criminals who use his name and deepfake technology in 'disgraceful' online adverts to scam vulnerable people, after a woman's husband lost thousands of pounds.
The Powerball jackpot has soared to an estimated $1.3 billion, the fifth-largest in the lottery's history, after no winning ticket was sold in the latest drawing, marking the 41st consecutive drawing without a winner.
The UK's long-term borrowing costs have reached a 27-year high, fueling speculation about the government's economic credibility and the future of Chancellor Rachel Reeves following a significant government reshuffle.
McVitie’s introduces a new caramel-flavoured Penguin biscuit available in major UK supermarkets just in time for autumn.
Despite a wider trend of decreasing car insurance premiums in the UK, a new report indicates that prices for drivers under the age of 25 have seen a recent increase.
A major government reshuffle has fueled speculation about the future of Chancellor Rachel Reeves as the UK's long-term borrowing costs reach a 27-year high amidst broader European economic uncertainty.
The Powerball jackpot has skyrocketed to an estimated $1.3 billion after no one won the top prize in the latest drawing, marking the 41st consecutive drawing without a winner and setting up the fifth-largest jackpot in the lottery's history.
Greggs has introduced a £5 meal deal nationally along with new autumn-inspired menu items including Chicken Fajita Bake and Pumpkin Spice specials.
Financial expert Martin Lewis has issued a powerful warning against online criminals who use his name and deepfake technology in 'disgraceful' adverts to scam vulnerable people, after a woman's husband lost thousands of pounds.
New data reveals councils increasingly use one-off cash incentives to persuade private landlords to accept homeless households, costing taxpayers millions.
Councils are spending millions placing homeless families in hotels due to housing shortages, raising questions about long-term policy failures.
