Money Tips Podcast

• Boris Johnson announces ‘Roadmap’ out of COVID-19 Lockdown

• Up to half a million tenants may lose their home without financial help…

• US Tech stocks fall sharply for second day

• Free Software to help launch your online marketing business in 2021

Up to half a million tenants may lose their home without financial help, charities, landlords and lenders warn

Citizens Advice estimate that at least half a million private tenants are in arrears due to the impact of Covid-19.

And the Resolution Foundation told the BBC that 750,000 renters had fallen behind on housing costs in January - 450,000 UP on the previous year.

The think tank reported that just 3% of private renting families have been able to negotiate a lower rent over the last 10 months.

Earlier this week, the Housing Secretary, Robert Jenrick, announced that a ban on bailiff-enforced evictions in England would be extended until 31 March, which means hundreds of thousands of tenants are living on borrowed time.

Millions of buy-to-let landlords and property investors have mortgages to pay and rely on the rental income from tenants. Retired residential property landlords with no mortgages are dependent on rental income to supplement their pensions in retirement. 

Boris Johnson announces ‘Roadmap’ out of Lockdown, but little cheer for hospitality sector

Summary

Stage 1

From 8 March 2021

• Children can return to school 
• Two people can meet outside and have a coffee on a park bench
• One nominated person can visit care homes with PPE, no kissing
• University students can return for practical courses. 
• A review by the end of the Easter holidays for other university students
• Masks recommended in class for secondary school and parents and staff in primary schools
• Wraparound childcare can also return for vulnerable pupils and where needed for parents or carers to go to work, support groups or seeking medical care

From 29 March 2021

• People allowed to meet outside, with one other household or within "rule of six"
• The ‘stay at home’ rule ends, but the government will urge people to stay local
• Outdoor sport facilities reopen, including golf courses and tennis and basketball courts
• Formally organised outdoor sports can also restart
• Parents and children groups can return but are capped at 15 and must be outdoors. 
• Indoor groups can take place for vulnerable children and where parents needed for work
• Weddings attended by up to six people can take place in any circumstances

Stage 2

From 12 April 2021

• All shops allowed to open
• Restaurants and pub gardens able to serve alcohol to customers sitting outdoors
• Gyms and spas can reopen for individuals and households
• Hairdressers, beauty salons and "close contact services" can reopen
• UK domestic holidays away from home permitted 
• Self-contained accommodation can reopen for use by members of the same household
• Children allowed to attend indoor play activities, with up to 15 parents or guardians
• Zoos, theme parks and drive-in cinemas can reopen
• Libraries and community centres can reopen
• Weddings attended by up to 15 people can take place

Stage 3

From 17 May 2021

• People can meet in groups of up to 30 outdoors
• Six people or two households can meet indoors
• Pubs, restaurants and other hospitality venues can seat customers indoors
• Up to 30 people can meet to celebrate weddings or other life events, like christenings
• Remaining outdoor entertainment, such as outdoor theatres and cinemas can open
• Indoor entertainment such as museums, theatres, cinemas and children's play areas can open
• Performances and large events will be subject to limits. For indoor events at half capacity or 1,000 people, and outdoors at half capacity or 4,000 people - whichever is lower. 
• For large venues (40,000 capacity) up to 10,000 will be allowed to attend
• Hotels, hostels and B&Bs can reopen
• International leisure travel will resume no earlier than 17 May
• Adult indoor group sports and exercise classes can start up again

Stage 4

From 21 June 2021

• All legal limits on social contact will be removed
• No legal limits on the number of people who can attend weddings, funerals and other life events. From April, the government will run pilots for events such as large weddings, festivals and work conferences. This will help to determine how measures such as enhanced testing might allow large groups to attend without social distancing
• Nightclubs will be allowed to reopen

Four tests for easing restrictions

Each stage will be a minimum of five weeks apart. Four conditions must be met at each stage before proceeding to the next one:

• The coronavirus vaccine programme continues to go to plan
• Vaccines are sufficiently reducing the number of people dying with the virus or needing hospital treatment
• Infection rates do not risk a surge in hospital admissions
• New coronavirus variants do not fundamentally change the risk of lifting restrictions

For full details in all UK nations see: BBC News

US Tech stocks fall sharply for second day

US fell again today on fears that rising interest rates could derail the economic recovery?

Could this be the end of the record stock market bull run? 

Free Software to help launch your online marketing business in 2021

Free Access to GrooveFunnels - the new best way to build better funnels

- Free for LIFE

- No games. No fine print.

- No credit card needed ever!

- $99/month value… Now free.

- Grab your account while you still can!

The world has changed so much recently.

And during these times, I am always excited whenever I find new solutions to help you in whatever way I can.

I’m sure you’ve heard of software tools designed to help you build websites, sales pages and online funnels.

Because sales funnels are proven to be effective, any such tools could reasonably command high monthly fees to access.

Unfortunately, this could also be out of reach for many business owners and marketers who are on a budget, especially during uncertain times.

This is where GrooveFunnels comes in.

GrooveFunnels is the new, better way to build funnels and sell digital products online.

It’s not just one or two simple tools, or solely a “funnel builder,” either.

This is your complete digital products and services online sales system.

Co-founded by Mike Filsaime, one of the top Internet marketing experts in the world, GrooveFunnels is a suite of products that includes all the tools you need to run your online business.

They have built a complete, all-in-one platform with all the essential tools so you don’t need to worry about multiple subscriptions to a variety of services that would easily add up to thousands per month.

Finally, you can get instant access to practically everything you need to sell your products and services online.

… Including:

- Full product funnels

- Brand websites with full navigation

- Custom domain names

- 1-click upsell capabilities

- Upsells, downsells and order bumps

- The world’s most powerful affiliate program

- And so much more…

Yes, this is a game changer.

And today, for a limited time only, you can get started for absolutely free.

No credit card. Lifetime access. Unlimited usage. Forever.

I’m not sure about you, but I will be switching my entire business over to GrooveFunnels.

Literally everything I need, and save thousands a month in the process.

You’ll have to see it to believe.

Take a closer look at it yourself, and pick up your free account while you’re there:

https://groovepages.groovesell.com/a/uy9VcdqIvopT

Let me know what you think.

P.S. Mike told me that he is making some huge upgrades to his tools over the next several days, and we’re not sure if this will continue to be free for long. However, if you get your account right now, you’ll still be able to keep your account for life, including all the future updates to the tools. Take some time to learn all about the software, but be sure to grab your free account before it’s too late.

The average prices of UK house climbed 8.5% in 2020, the highest yearly growth rate since October 2014, according to the official Land Registry data.

The average UK house price reached a record high of £252,000 in December 2020, the Office for National Statistics said.

The UK is made up of a number of distinct markets, some a world apart from London where average prices are just under £500,000.

The North West had the highest growth of 11.2%, while London rose just 3.5%.

The stamp duty holiday and buyers reassessing their housing preferences contributed to the rise, the ONS said.

The desire for more space during the pandemic saw the average price of detached properties rise by twice as much as flats and maisonettes during 2020, up by 10% and 5% respectively.

In Wales, where there has been a recent boom in second home purchases, enjoyed the fastest growth, with property values rising 10.7% to £184,000.

In England, prices climbed 8.5% to £269,000, in Scotland, 8.4% to £163,000 and in Northern Ireland 5.3% to £148,000.

There is speculation that the Stamp Duty holiday, due to end in March, will be extended for a further six weeks.

Avoid following the FOMO herd into highly priced property, stocks and Bitcoin.

As always, do your research, take financial advice, and buy right.

Will property prices crash in 2021?

Here’s the real secret…professional property investors make money from property whether the market is rising OR falling. 

Just like professional share traders make money in a bull or bear market, property investors make money either way.

Here’s another secret…you make money when you buy a property, not in ten years when you hope it will have gone up in value.

Wise “value” investors, like Warren Buffett, do not follow the herd or buy something because the “market” says it worth a certain price. They buy at what they judge is the right value and wait patiently, sometime for years, until the price is right or they move on. Warren is sitting on $180 BILLION in cash right now because he thinks the stock market is way over valued.

So, if you want to make money from property, learn from the professionals and learn how to buy right, in the right areas and for the right reason. You should take advantage of the many free property webinars available for anyone who wants to invest in UK property.

 Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution? 

As the UK is in the midst of coming out of the lockdown (hopefully soon!), this next transition could be the most important of your property investing career: It's not just a change, it's a REVOLUTION.

We know you will be full of uncertainty and confusion in most things right now, but we want you to know that property does not need to be a stress or a burden.

How can you slice through the white noise of everyone else and build relationships with estate agents and secure the deals you want?

These next few months could set you up for life if you are educated and knowledgeable in how to leverage it. This small window of opportunity won’t be around forever.

We are constantly monitoring the ever-evolving property industry, we are going to show you how to get better deals than everyone else. When £10,000’s is on the line, it’s no time to take it slow.

With many people struggling to know if property is the right industry to be in or to even get into, others may be wondering where to go now on their property path...

That’s why, the UK’s #1 property education company is taking leadership of the situation and equipping you to realise that this may be a change, but it's an even bigger opportunity. 

Claim your place now!

Here is what they are offering in this free exclusive online summit:

They will cover:

• What you need to know, do & avoid urgently during these unprecedented times in the property industry
• How to Absolutely maximise the next 90 days & take the (hidden) opportunities
• An exclusive mindset session to help you be first and fastest and strongest as the lockdown lifts
• The upcoming summer strategy for 2021 - Serviced Accommodation
• The property strategies that are working NOW that most of the world have not yet figured out
• Where & how to invest in the new property climate & make 2021 your best year
• NEW cashflow strategies

Don't wait, claim your place now!

Could 2021 make you a property millionaire?

Click the link to reserve your place: 

http://bit.ly/3atSUPH

Will property crash in 2021?

Travellers arriving in England forced to stay in hotels will be charged £1,750 for ten days of quarantine, the UK Health Secretary Matt Hancock has announced.

The border control measures will come into force on Monday and apply to UK and Irish residents returning from countries on the high-risk so-called ‘red list. 

Opposition parties have called for stronger border controls, as travellers from the 33 red list countries, which include South Africa, Panama and the UAE, do not make up the majority of the 20,000 plus people arriving in London from around the world every day.

Anyone breaking the rules and failing to quarantine in a government-sanctioned hotel for 10 days will be fined up to £10,000.

However, all overseas travellers flying into Scotland will have to go into quarantine hotels.

To add to the confusion, people travelling from red list countries to Wales and Northern Ireland will be required to book and pay for quarantine in England, because the two countries do not currently have any direct international flights.

People who lie on their passenger locator forms about visiting a red list country will be subject to a fine of £10,000 or up to 10 years in prison.

The UK has suffered over 113,000 coronavirus deaths since the start of the pandemic. Over 12.6 million people have received a first dose of the vaccine.

Mr Hancock told the Commons that 16 hotels have been contracted for the programme, with 4,600 rooms secured.

The government will also enforce a tougher new "enhanced testing" regime for all travellers arriving into the UK starting on Monday, with two tests required during the quarantine process.

Arriving passengers must to get a test on days two and eight of their 10-day quarantine period, whether they are isolating at home or in a hotel.

The previous scheme was widely criticised for being too lax and open to abuse by overseas passengers arriving at London’s airports with no test and getting straight onto crowded underground public transport.

Under new rules, airlines and travel companies will be legally required to ensure travellers have signed up for the new measures before they depart, with fines for companies and passengers if they fail to comply, Mr Hancock confirmed.

New penalties include a £1,000 fine for travellers who fail to take mandatory tests and a £2,000 fine for failing to take the second mandatory test - along with a 14-day extension to quarantine.

Failing to quarantine in a designated hotel carries fine of between £5,000 and £10,000.

Passengers required to stay in a quarantine hotel must reserve a room online in advance via a booking system opening on Thursday.

The £1,750 fee for an individual includes the hotel, transfer to it and testing.

Similar measures have been in place in a number of Asian countries, including The Philippines, since the middle of 2020.

Will property crash in 2021?

The simple answer to the question everybody is asking is nobody really knows. Despite the worst recession in 300 years, average UK property prices jumped by almost 7% last year, and the market is still buoyant. Online auctioneer Savills have sold over £100 million worth of property from its last three auctions. 

I attended Tuesday’s online only auction, and witnessed over £37 million worth and more than 100 properties across the UK go under the hammer. Properties, from a few thousand to millions of pounds, were selling fast at way over the guide prices – one sold for £200,000 over guide.

Remember that auctions are for experienced investors and you should take advantage of the many free webinars available for anyone who wants to invest in UK property.

Discover the ultimate beginners' guide to property and learn how you could be earning £1,000+ per month in 2021 using the hottest strategies in property investing right now!

On Sunday February 14th at 7 PM, my friend and multi-millionaire property expert Kevin McDonnell is running a free live online training to show you how to overcome the most common beginner mistakes in property investing.

Do you want to start earning life changing sums of money from property whilst knowing you are avoiding all the common mistakes beginners make when investing?

Kevin will help you avoid the all-to-easy mistakes most newbies make when getting started in property investing.

Click here to join his free online training – Click http://bit.ly/2NcPKqD

Cladding Scandal Sees Buildings Insurance Premiums SOAR 1000%

As Insurance Premiums Across The Board Rise, How Can You Save Money? 

Owners of properties blighted by fire hazard cladding face 1000% hike in their building’s insurance and no solution for those trapped in unsafe and unsaleable flats.

A 28 year old woman from Leeds, who bought her first flat two years ago, has declared herself bankrupt after handing back the keys to her virtually worthless property. But did she need to declare bankruptcy? 

Insurance practice a process known as ‘walking the price’, which will cost you thousands if you stay with the same company for years. 

10 Tips To Save Money On Car Insurance:

1. Rule Number 1. Loyalty does not pay!
2. Never auto renew without shopping around first
3. Check renewal 2-3 weeks in advance of renewal date
4. Go for low mileage insurance if you are not driving so much now
5. Young drivers can save by adding an older, more experienced driver
6. Try getting quotes for multi-car policies which can save you money in some circumstances
7. Your own insurer could be cheaper on a comparison site than they are quoting you directly
8. Make sure you get like-for-like cover – check the small print and terms and conditions
9. At very least, ask your own company for a better deal to stay with them
10. Paying monthly could cost you up to 40% extra – pay in advance on a low interest credit card

Will property prices rise or fall in 2021?

Find out more…

Ultimate Property Beginners Guide Free Webinar – Wednesday 10 February 2021 7PM

On Wednesday February 10th at 7 PM, my friend Kevin McDonnell running a free live online training to get you started in property and show you how to overcome the most common beginner mistakes in property investing.

Click Here For Free Training - http://bit.ly/3oLhLmf

• Young people aged 25 to 34 face biggest risk of redundancy 
• Unemployment rate hits 5% with 1.7m jobless according to ONS
• 9 million people forced to borrow to cope with COVID-19 disruption
• 400,000 extra people were jobless in November 2020 compared to previous year
• Millions of jobs won’t return post lockdown, how can you survive in new economy?
• AI and new technology will force millions of workers to retrain and learn new skills

By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. See more articles at www.moneytipsdaily.com

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

Proposed Leasehold Reforms Could Save You 1000’s Extending Leases Or Buying Freeholds

Click Here For Free Leasehold Reforms Report - https://aw102f27.aweb.page/awlist5290445

Thousands of small businesses are set to receive previously refused insurance claim payments covering losses from the first national lockdown last year, following a court ruling.

Supreme Court judges found in favour of small firms receiving payments from Business Interruption Insurance policies.

The ruling provides a lifeline to thousands of small businesses, allowing them to survive the coronavirus crisis, but could cost the insurance sector hundreds of millions of pounds and lead to higher premiums in the future.

The financial watchdog, the Financial Conduct Authority (FCA), brought the test case, with eight insurers agreeing to take part in proceedings.

The major business insurer Hiscox could see huge losses after being challenged by thousands of its policyholders as part of the case.

Richard Leedham, who represented the Hiscox Action Group - on behalf of small businesses, told the BBC: "This is a landmark victory for a small group of businesses who took on a huge insurance player and have been fully vindicated.

"What is important now is that Hiscox accepts the Supreme Court's verdict and starts paying out to its policy holders, many of whom are in danger of going under".

Among the other insurance companies including in the test case are Arch, Argenta, MS Amlin, QBE and RSA - but over 60 insurers offered similar business insurance policies. 

Last year, many small businesses made claims through business interruption insurance policies for loss of earnings when they had to close.

Insurers refused to pay the claims, arguing only the most specialist policies had cover for such unprecedented restrictions. Insurance companies use phrases like an “act of God” to wriggle of of paying claims.

Fortunately for policyholders, it was agreed that a selection of policy wordings should be tested in court, setting the parameters for what would be considered a valid claim.

The court ruling provides guidance for over 700 policies, affecting 370,000 small businesses - although not all will benefit.

Many small businesses paid annual premiums of over £1,000 for business interruption insurance, sometimes as part of a package of cover included with liability cover, and disease was covered.

Many business owners formed a ‘Covid Claims Group’, calling for a quick resolution and settlement.

Recent insurance policies would have been amended for new and renewing customers since Covid, so losses from the latest lockdown measures in different parts of the UK would be specifically stated as included, or not, in the cover of newer business interruption insurance policies.

The advice is to read your policy document.

Other Money News

• HSBC to close 82 branches in the UK
• China’s economy grew by 6.5% in last quarter of 2020
• As London’s populations falls, will City Centres recover?
• Mastercard may have to pay millions of cardholders compensation following court ruling

See also: Have you applied for the new lockdown grants?

By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. See more articles at www.moneytipsdaily.com

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

Following the third Covid-19 lockdown, which started 5 January 2021, the UK Chancellor, Rishi Sunak, announced a further £4.6 billion in grants to the retail, hospitality and leisure sectors. This new round of support follows extensions to the job retention and loan schemes revealed on 17 December 2020. There may be more to come with the Budget on Wednesday 3 March 2021.

New lockdown 3.0 grants 

An extra £4.6 billion in lockdown grants has been directed at the worst affected sectors.

New grants for closed retail, hospitality and leisure businesses have been introduced. The new grants are in addition to all other forms of support, such as the Lockdown Restrictions Support Grant (LRSG (Closed) Addendum) which applied to businesses that were forced to close between 5 November  and 2 December 2020.

The new grants in England will be:

• £4,000 for businesses with a rateable value of £15,000 or under;

• £6,000 for businesses with a rateable value between £15,000 and £51,000; and 

• £9,000 for businesses with a rateable value of over £51,000.

In addition, £594 million is being made available for Local Authorities and the Devolved Administrations to support other businesses not eligible for the above grants, that might be affected by the latest restrictions. Businesses should apply to their Local Authorities.

The Devolved Administrations will be receiving additional funding in line with the English measures, with £375 million for Scotland, £227 million for Wales and £127 million for Northern Ireland.

The announcement of the new grants talks of helping business “through to the Spring”, with the Chancellor hinting that additional support measures are to come in the Budget on 3 March 2021. 

Coronavirus Job Retention Scheme (CJRS) 

The CJRS “job furlough” scheme is now running through to April 2021.

According to Statistica.com, as of December 13, 2020, approximately 9.9 million jobs, from 1.2 million different employers were furloughed in the United Kingdom as part of the government's job retention scheme. The overall cost in 2020 exceeded £43 billion and continues to rise with more businesses forced to close in lockdown 3.

On 17 December 2020 the Chancellor announced a further one-month extension of financial support under the Coronavirus Job Retention Scheme (CJRS) to the end of April 2021. As currently, the government will pay 80% of the salary of employees for hours not worked up to a maximum of £2,500. Employers will only be required to pay wages, National Insurance Contributions (NICs) and pensions for hours worked; and NICs and pensions for hours not worked. 

Claims for furloughed employees can only be made for those who were employed and on payroll on 30 October 2020. The employer must have made a PAYE RTI submission to HMRC between 20 March and 30 October 2020, notifying a payment of earnings for that employee. This may differ where an employee has been made redundant, or they stopped working on or after 23 September 2020 and have subsequently been re-employed.

Self-employed Income Support Scheme (SEISS)

SEISS Continues.

No changes to the SEISS were announced alongside the CJRS extension, as the SEISS already runs through to the end of April 2021. Details of the fourth SEISS grant that will cover the three months from February to April have not yet been released. How to apply for SEISS.

Loan schemes

Most schemes extended to 31 March 2021.

On 17 December the Chancellor extended access to the Bounce Back Loan Scheme (BBLS), Coronavirus Business Interruption Loan Scheme (CBILS), and the Coronavirus Large Business Interruption Loan Scheme (CLBILS) until the end of March.

Additional support measures

In November 2020 the Financial Conduct Authority (FCA) published fresh guidance across a range of issues including mortgages and consumer credit and loans. The thrust of these was to limit the maximum payment holiday to six months, which had to be agreed three months at a time.

Source: Tax Briefs.

As the government hints at even tougher lockdown action, the Federation of Small Business estimates that 250,000 small businesses will go under this year.

By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. See more articles at www.moneytipsdaily.com

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

The third Self-employed Income Support Scheme (SEISS) grant, announced by Chancellor Rishi Sunak on 5 November, has opened up for applications. This grant covers up to 80% of lost income between November and January.

If you meet the eligibility criteria the grant will provide a lump sum up to £7,500 to cover up to 80% of your average trading profits.

Beware of scams and only apply via the official Government claims portal, which you can do at any time until 29 January 2021. Once you apply, HMRC will check your claim and pay your grant into your bank account within six working days. You will get an email when your payment is on its way.

To apply, or check eligibility, you will need the following official government information:

• Self-assessment unique taxpayer reference (UTR) – if you do not have this, find out how to get your lost UTR.
• National insurance (NI) number – if you do not have this, find out how to get your lost NI number.
• Government Gateway user ID and password – if you do not have a user ID, you can create one when you make your claim.
• UK bank details (only provide bank account details where a Bacs payment can be accepted) including the bank account number, sort code, name on the account and address linked to your bank account.
• You must make the claim yourself. Your tax agent or financial adviser must not claim on your behalf as this will trigger a fraud alert.

We are expecting a fourth grant covering a percentage of average income from February to April 2021.

Employees can still benefit from the ‘furlough’ Coronavirus Job Retention Scheme, paying 80% of a furloughed employee’s salary up to £2,500, which is being extended until the end of March 2021.

Many self-employed people are slipping through the net and getting no support. Small business owners I speak to complain that they do not qualify for grants or even bounce back loans because they have recently set up their business or their profits are too low.

Whilst there is always the option claiming income support benefits through Universal Credit, many self-employed people are still trying to keep their businesses going through the lockdown and are not technically unemployed.

As the government hints at even tougher lockdown action, the Federation of Small Business estimates that 250,000 small businesses will go under this year.

By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast. See more articles at www.moneytipsdaily.com

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

The Transport Minister has announced that all international travellers will shortly have to provide proof of a test negative for Covid-19 before departing to the UK.

Passengers arriving by plane, train or boat, including UK nationals, must take a test up to 72 hours before leaving the country they are in.

Passengers arriving from countries which not on the government's travel corridor list must still self-isolate for 10 days, regardless of their test result.

Mr Shapps told LBC the testing rule will come into force "likely on Wednesday or Thursday next week", and details of how to get tests abroad will be published on the gov.uk website.

Under the new rules - which are expected to come in from next week - anyone who arrives in the UK and has not got proof of a negative test could face an immediate £500 fine.

But there will be exemptions for:

• children under 11
• hauliers
• those travelling from countries without the infrastructure to deliver tests - although details of those have not been released yet
• arrivals from the CTA Common Travel Area with Ireland.

The rule will be UK-wide, although Northern Ireland said it had only "agreed in principle" and was working to solve any policy and operational issues.

Non-essential travel abroad is not currently allowed in the UK, after lockdowns were brought in.

Source: BBC News

For further information and updates see: 

Mandatory COVID-19 testing introduced to bolster border measures - GOV.UK (www.gov.uk) 

https://www.gov.uk/government/news/mandatory-covid-19-testing-introduced-to-bolster-border-measures

Virgin Media jacking up prices again – Richard Branson must need the cash to bail out his airline?

How I saved £200 with one phone call.

Are you claiming your self-employed coronavirus relief aid?

By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

It’s not the strongest and fittest, but the most adaptable and flexible that survive a crisis

5 Quick Tips To Help Your Business Survive in 2021:

1. If you haven’t done so already, get online and learn how to sell your goods and services to billions of people buying stuff on the internet every minute of every day.
2. Stay open for business as much as legally possible when others close up.

See also episode - 7 Steps to Transform Your Finances in 2021

Whatever New Year’s resolutions you make, set realistic, achievable goals and write them down!

Here are my 7 steps to transform your 2021:

1. Review your finances and start saving
2. Review your consumer debts and credit cards
3. Review you spending habits – Use the 3 R’s
4. Review your utility suppliers – energy and mobile phone
5. Review ISA and Pensions and use tax allowance
6. Review your Will and inheritance tax liability
7. Review Tax – have you submitted your tax return yet?

Are you ready to adapt to the new economic model?

As lockdown restrictions around the world are being eased, the economic model has subtly changed forever. How will you adapt to this new way of working and running a business, what obstacles and opportunities lies ahead? Will you be a participant or spectator in this revolution?

By Charles Kelly, Wealth Mentor, Property Investor, Author of Yes, Money Can Buy You Happiness and creator of Money Tips Podcast.

There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.

If you’d like further information on wealth mentoring and coaching, how to survive the crisis and even quit the rat race, email me at [email protected] or send me a message through Facebook or my Money Tips Daily community.