Callum Mason
banner
callumcmason.bsky.social
Callum Mason
@callumcmason.bsky.social
Deputy Money Editor @theipaper. Part-time saxophonist & runner. E: callum.mason@inews.co.uk. Own views, RTs not endorsements etc.
New figs suggest pensioners need £44k take home pay for a 'comfortable' retirement if they have 0 housing costs

Never mind retirement, for almost everyone of working age it's entirely unachievable. Col below on the lifestyles we want vs what we can attain

inews.co.uk/inews-lifest...
Retirees need £44k for a 'comfortable' life. How are the rest of us meant to manage?
It's hard to save for a 'comfortable' standard of living in retirement, but it's just as hard - or harder - to have it before you retire
inews.co.uk
June 4, 2025 at 11:39 AM
@cf0.bsky.social hi Chris, have sent you a DM about a piece I’m putting together for the i paper
May 27, 2025 at 9:32 AM
Really enjoyed working on this piece with Lucian Cook
& Savills - a look at house prices at a local level and how they've changed over the past three decades, with some areas seeing 800% growth.
April 8, 2025 at 9:25 AM
Reposted by Callum Mason
Exclusive: A plan for schools to let teachers swap big pensions for higher pay has been thwarted by the Government.

United Learning, the country's biggest academy chain, planned to launch the scheme in April, but will not go ahead after a DfE intervention. inews.co.uk/inews-lifest...
Teachers blocked from swapping big pensions for higher wages
The Government has told a trust of nearly 100 schools that it cannot go ahead with a plan to offer teachers higher pay for smaller pensions
inews.co.uk
March 23, 2025 at 12:09 PM
Exclusive: A plan for schools to let teachers swap big pensions for higher pay has been thwarted by the Government.

United Learning, the country's biggest academy chain, planned to launch the scheme in April, but will not go ahead after a DfE intervention. inews.co.uk/inews-lifest...
Teachers blocked from swapping big pensions for higher wages
The Government has told a trust of nearly 100 schools that it cannot go ahead with a plan to offer teachers higher pay for smaller pensions
inews.co.uk
March 23, 2025 at 12:09 PM
Many households who took out 2yr mortgages last year hoping that rates would fall significantly when they came to renew are set to find themselves paying effectively the same price.

Experts say that trying to play the markets is "fraught with danger" inews.co.uk/inews-lifest...
Households who took short mortgages in 2024 to save 'virtually nothing' next year
Mortgage rates have not fallen as quickly as some households predicted they would last year
inews.co.uk
March 21, 2025 at 12:03 PM
I've ditched my Help to Buy ISA - I won't trust government savings schemes again inews.co.uk/inews-lifest...
I've ditched my Help to Buy ISA - I won't trust government savings schemes again
With poor interest rates and punitive restrictions, savers have been shortchanged
inews.co.uk
March 4, 2025 at 9:25 AM
Means-testing the state pension has been touted as a cost-saving possibility for the government in recent months - but it'd be a mammoth undertaking involving huge reforms.

I spoke to experts on just how tough it would be, and the negative consequences it could have.

inews.co.uk/inews-lifest...
The challenges of means-testing the state pension - and the risks it would pose
Though means-testing state pensions has been touted recently, the policy would be unpopular and pose problems for any government
inews.co.uk
December 4, 2024 at 10:48 AM
The proportion of homes being sold for a price that would attract an inheritance tax charge is set to rise by at least a fifth in the next three years, analysis shared with @inews.co.uk by Hamptons shows inews.co.uk/inews-lifest...
Number of homes sold above inheritance tax threshold to rise 20% in three years
Property price growth over the next few years is likely to increase the number of estates that owe inheritance tax. Our map shows which areas are the most likely to pay
inews.co.uk
December 3, 2024 at 9:26 AM
Seven ways the Government is trying to make us richer – and if they will work, by Hugo Gye and me for @inews.co.uk inews.co.uk/news/politic...
Seven ways the Government is trying to make us richer - and if they will work
The Chancellor and her allies are adamant that the Government has an armoury of policy ideas which can boost the economy
inews.co.uk
December 2, 2024 at 1:37 PM
A fantastic read on the best county in the whole of the UK inews.co.uk/inews-lifest...
The unassuming English county with a world-class food scene and a warm welcome
Lancashire is coming up in the food scene, thanks to a number of inspiring chefs and impressive local produce
inews.co.uk
November 29, 2024 at 9:45 AM
Banks have been accused of “ripping customers off” as savings rates have fallen over the past month even though mortgage rates have risen. inews.co.uk/inews-lifest...
Banks accused of 'ripping off' customers as mortgage costs rise but savings fall
Mortgage rates have been rising in recent weeks as markets expect the Bank of England base rate to stay higher for longer
inews.co.uk
November 22, 2024 at 12:26 PM
You can leave Twitter all you want but someone out there is making up for your lost hours
November 21, 2024 at 11:02 AM
Last year @inews.co.uk asked multiple major forecasters when interest rates would first be cut and where rates would reach at the end of 2024.

Looking pretty certain that one of them, Bank of America, will be spot on. First cut was in August and barring a miracle we'll end the year on 4.75%.
November 21, 2024 at 9:43 AM
Inflation rising to 2.3% is obviously bad news but the worse news is under the surface.

Part of the rise was expected, because of the increase in energy prices, but these are always volatile.

Majority of economists expected 'core' inflation to fall, but it's risen too. inews.co.uk/inews-lifest...
Inflation rises to 2.3%: What it means for your money
Energy prices have pushed up inflation, as economists had predicted
inews.co.uk
November 20, 2024 at 9:39 AM
First-time buyers are facing an “uphill battle” to purchase a home with mortgage rates for those with small deposits climbing again.

They’re also set to face a reduction in the value of homes they can buy without facing stamp duty from next year.

inews.co.uk/inews-lifest...
New mortgages blow for first-time buyers as low-deposit deals climb above 5%
The cheapest two-year fix for those with a small deposit is now at 5.04% - and first-time buyers also face extra stamp duty costs from April
inews.co.uk
November 19, 2024 at 8:35 AM
For those who are following me for the first time you can mainly expect posts about the economy, renting/housing/mortgages and pensions, interspersed with occasional comments about running. There will be very little crossover.

(Follower count predicted to balloon after this so get in early).
November 18, 2024 at 5:41 PM