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- You can't control what John Healey does in the Budget - but you can do this
Sophie Graham, a personal finance expert at Sunny, offers practical steps people can take ahead of the Budget without making rash decisions based on speculation. Her suggestions include making full use of the annual ISA allowance of £20,000, reviewing pension contributions and employer matching, moving savings into better-paying accounts, paying down expensive debts, and building an emergency fund. She also advises reviewing household spending, cancelling unused subscriptions, and waiting for confirmed announcements before making significant financial changes. Graham warns that acting on rumours can sometimes do more harm than good.
- The end of abundance
The article argues that the era of cheap energy, plentiful supply and falling inflation, running from the early 1980s until the COVID-19 pandemic in 2020, has ended. The decades ahead will be shaped by a geopolitical contest over energy, industrial metals, rare earths, critical minerals and semiconductor chips, as AI, electrification and rearmament all demand heavy materials, with data centre electricity use set to more than double by 2030. Supply responds slowly because new mines take well over a decade to develop and processing is concentrated in a few countries, so a supply-constrained world is prone to stagflation, which interest rates cannot easily fix. The author argues that fiscal policy targeted at production and productivity, rather than broad subsidies, can be more effective, and that energy policy is now macroeconomic policy. The piece also recommends direct support for poorer households, investment in food, human capital and buffer stocks, and avoiding self-sufficiency at any cost.
- £215 more a year available for united kingdom households who have savings accounts
One-year fixed savings rates have reached 4.41%, the highest since September 2024, and the average fixed rate across all terms is 4.49%. Personal finance experts say savers could earn about £215 more a year on £10,000 by choosing a 5.15% account instead of one paying 3%. Caitlyn Eastell of Moneyfacts notes that non-ISA fixed rates have risen for over six months, and top rates across all terms are above 5% for the first time since December 2023. Fixed bonds lock money away for the full term, so savers risk missing out if rates rise further. Meanwhile, £4.4 billion flowed into ISAs in August, ahead of the cash ISA changes in April.
- 44% of Americans are missing out on the best wealth-building tool of all — are you? Here’s how to fix that
According to the Federal Reserve's Survey of Consumer Finances, only 56% of Americans participated in the stock market in 2025, down from 58% in 2022. The article argues that stocks are a powerful wealth-building tool because of compounding: the S&P 500 has historically averaged annual returns of around 10% since 1957, while savings accounts have typically yielded under 1%. For example, investing $300 a month over a 35-year career could grow to roughly $1 million at a 10% average return, versus about $220,000 at 3%. To overcome barriers of money or knowledge, it highlights automated investing app Acorns, which rounds up everyday purchases to the nearest dollar and invests the difference in a diversified ETF portfolio.
- Why older Americans' wealth may be helping keep consumer spending strong
Consumer spending in the U.S. has held up despite pressure from housing costs, debt and everyday expenses. Economist Ed Yardeni argues that age, not just income, better explains this resilience, calling it a 'G-shaped economy' shaped by the generational divide. A Principal Financial Group survey of 1,000 respondents found 53% of baby boomers felt able to manage their debt, versus 39% of Gen Z. Fed data show median net worth of families headed by someone 75 or older rose 37% after inflation between 2022 and 2025, while families under 35 saw a 23% decline. A JPMorgan Chase Institute report found 8.2% of individuals moved money from investments to checking accounts in the three months ending April 2026, up from 4% in 2019.
- How long does it take to save up for a starter home ? Twice as long as it did in 2019
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Latest news
- Bank Profits Surge
The 9-month 2026 results show many banks continued to grow profits, with some posting record quarterly earnings. VPBank's pre-tax profit reached nearly VND 30,000 billion, up nearly 47%, equal to its full-year 2025 result and about 72.4% of its 2026 plan; Q3 pre-tax profit topped VND 11,000 billion. Techcombank posted VND 28,900 billion (up 23.7%), while LPBank reported VND 10,421 billion (up nearly 9%). SSI forecasts pre-tax profit of its monitored banks to rise 19.5% in 2026 before slowing to 15.4% in 2027, pressured by narrowing net interest margins and rising credit risk provisions. It also expects system-wide credit growth of 16-17% in 2027 and 17.9% for the monitored banks.
- World's Largest Gold Fund Dumps Over 10 Tonnes of Gold as Prices Slide
SPDR Gold Trust, the world's largest gold fund, continued net selling of nearly 12 tonnes of gold in the 22/10 session, bringing total sales over 2 sessions to nearly 15 tonnes and cutting its holdings to about 1,046 tonnes. Spot gold fell more than 2.8% to around USD 4,025 per ounce at the close of 22/10, and briefly dipped below USD 4,000 per ounce in the morning session of 23/10. Tensions in the Middle East pushed crude oil prices higher, raising concerns about inflation and further Fed tightening, and gold has still not attracted sustained safe-haven demand even as US Treasury yields fell. US September CPI rose 0.6% month on month and 3.7% year on year, while PPI rose 1.3% and 6.3%. Markets price about an 84% chance the Fed holds rates steady at its 27-28/10 meeting and a 16% chance of a 25 basis-point increase; September PCE data due on 29/10 is the next key factor to watch.
- Gold Prices Continue to Fall
On the morning of 23/10, domestic gold prices kept falling, with SJC bar prices varying by seller and the premium over world gold widening. Công ty TNHH Vàng bạc đá quý Sài Gòn listed SJC bars at VND 139-142 million per tael (buy-sell), down VND 300,000; Phú Quý was at VND 138-141.8 million, down VND 500,000; and Mi Hồng at VND 140-141.5 million, down VND 800,000. Gold rings also fell by varying amounts, with DOJI at VND 138-142 million and Phú Quý at VND 138-141 million per tael. World gold dropped USD 129 to around USD 3,992 per ounce, equal to about VND 125.3 million per tael, leaving SJC bars about VND 16.7 million per tael above the world price. The State Bank's central rate was set at 25,627 VND/USD, down 5 dong, while Vietcombank quoted 25,660-26,040 VND/USD (buy-sell).
- Company Linked to Billionaire Pham Nhat Vuong Announces Major Good News
VEFAC (ticker VEF), a Vingroup subsidiary, posted Q3 net revenue of nearly VND 77 billion, up 67% year on year, but a gross loss of about VND 27 billion as cost of sales from its exhibition business exceeded revenue. Q3 profit rose mainly thanks to a gross gain of about VND 65 billion from transferring some schools in a project to a partner, while financial income reached over VND 388 billion, mostly from loan and investment income. For the first nine months of 2026, after-tax profit was nearly VND 865 billion, down about 94% from VND 15,418 billion in the same period of 2025, as the prior year included large gains from transferring part of the Vinhomes Global Gate project. As of 30/9/2026, total assets stood at over VND 31,905 billion, up 36% from the start of the year, while total liabilities exceeded VND 24,364 billion, with short-term customer advances rising from VND 411 billion to over VND 8,373 billion.
- Lotte and Phat Dat Officially Break Ground on VND 60,000 Billion Mega Project in Thu Thiem 'Golden Land'
A joint venture between Lotte Group (South Korea) and Phát Đạt (HoSE: PDR) officially broke ground on 23/10 on Lotte Eco Smart City Thu Thiem in the Thu Thiem New Urban Area, HCMC, with total investment of about VND 60,000 billion. The project covers nearly 7.5 ha and will combine Grade A offices, retail, services, accommodation and housing, adjoining the central plaza and central lake of Thu Thiem. Phát Đạt holds 35% of Lotte Properties HCMC, the project developer, and will develop the housing blocks along with two towers (2-1 and 2-3) with about 219,722 m2 of floor area, while Lotte handles block 2-5. Lotte Properties HCMC paid VND 17,569 billion in land-use fees on 31/7/2026, and Phát Đạt completed its VND 7,666 billion payment to take its 35% stake. MB is funding all of Phát Đạt's capital contribution, while VietinBank and BIDV also support the project.
- International Business : Global stocks nosedive as Meta dents AI optimism
Global stocks retreated as tech earnings failed to ease concerns about the AI outlook, with MSCI's All-World index set for its largest daily fall in two weeks, down 0.4 per cent. Meta beat third-quarter revenue expectations, but its plan to issue non-voting stock revived worries about its mounting capital commitments, and a New Mexico judge ordered it to pay a $25 billion penalty in a data privacy case. Brent crude rose nearly 3% to $112 a barrel, near a five-month high, after more Houthi attacks in Saudi Arabia raised supply risks. Investors moved into government bonds, pushing the US 10-year yield down to 5.05%, below France's for the first time in 13 years, while French yields have climbed above 5% amid concerns over social unrest and debt. The France-Germany 10-year spread reached 177.7 basis points, its widest since 2011, while gold fell 1.8% to $4,070 an ounce.
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