State pension: Fury as Windrush pensioner, 83, forced to live on £74 per week | Personal Finance | Finance
[ad_1] State pensioners typically expect an annual increase to their sum, however, this is not guaranteed. This issue is known all too well by Monica Philip, who was born in Antigua, previously a British colony. While Ms Philip was raised on the island, everything changed for her in 1959. She became part of the Windrush Generation – Caribbean More...
State pension to hit £10,000 but half a million people will miss out – ‘I am excluded!’ | Personal Finance | Finance
[ad_1] Currently, financial analysts believe those eligible for the state pension will see their payments raised to £10,000 next year, which coincides with the triple lock returning. Half a million pensioners More...
Nationwide raises interest rates to 5% – but how does it compare with inflation? | Personal Finance | Finance
[ad_1] “This market leading rate will help new and existing members make the most of their money, which is particularly important right now. “The FlexDirect current account also has an introductory interest-free More...
Dragons’ Den pitcher turns down £75,000 deal – business now worth £6million | Personal Finance | Finance
[ad_1] Dhruvin continued: “After appearing on the show, our brand and revenue went up and up. “The business had growth five times in the period of negotiations, so for us as a business, we had to More...
State pension income tax shock – triple lock hikes may push millions into HMRC trap | Personal Finance | Finance
[ad_1] This will help the State Pension keep up with inflation, but it won’t make pensioners better off in real terms. The extra money will vanish in higher food, fuel and energy costs. Plus there is a More...
Martin Lewis warns cheap mortgages disappearing as homeowners end fixed rate deals early | Personal Finance | Finance
[ad_1] Furthermore, the financial expert is sounding the alarm regarding the dangers of mortgage holders leaving their fixed rate deals early as they could face expensive exit fees. Fixed rate mortgages have More...
Inflation rises to 9.1 percent in another staggering blow for pensioners | Personal Finance | Finance
[ad_1] Inflation has now hit a record 40 year peak, with figures published showing the Consumer Prices Index (CPI) rising in the year to May 2022. It means increased hesitancy about financial stability, especially More...
DWP: 100,000 households with children lose benefit support due to DWP rules | Personal Finance | Finance
[ad_1] Alice Fuller, the head of Child Poverty at Save the Children, outlined why she believes the current DWP rules are “unfair” for families. Ms Fuller explained: “The benefit cap is unfair and arbitrary More...
Dave Ramsey suggests how woman, 64 with ‘virtually nothing’ can get by in retirement | Personal Finance | Finance
[ad_1] Their home is paid off and they do not live with their children. Due to poor decisions when they were younger they have “virtually nothing” in their nest egg, they have around $60,000 (around £50,000). Due More...
‘Shocking’ toll of raising pension age has plunged 100,000 into income poverty | City & Business | Finance
[ad_1] The move left 700,000 people waiting an extra year for the benefit, missing out on £142 a week on average. It forced one in seven of the 65-year-olds into “absolute income poverty” – those living More...
