Turbulence for pensioners as Kwarteng’s mini-Budget u-turn ‘plays havoc’ | Personal Finance | Finance

[ad_1] Chancellor Kwasi Kwarteng’s decision to abandon the abolition of the 45 percent income tax rate meant many were relieved after a week and a half of uncertainty. Following the announcement, the markets were driven to chaos, and the pound’s performance plummeted. The Bank of England was even forced to step in with a bond-buying programme More...

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By On Monday, October 3rd, 2022
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DWP issues guidance on when second part of £650 cost of living payment will arrive | Personal Finance | Finance

[ad_1] Those on smart prepayment meters will see the discount credited directly to their smart prepayment meters in the first week of each month. Consumers on traditional prepayment meter customers will be provided More...

By On Monday, October 3rd, 2022
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Government issues warning of scammers posing as energy bill support scheme ‘stay alert!’ | Personal Finance | Finance

[ad_1] From yesterday, the limit on the price households pay for a unit of gas and electricity has been capped which means that the typical household energy bill should be £2,500 a year. The £400 Energy Bill More...

By On Sunday, October 2nd, 2022
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Worst places to retire: Happiness to life expectancy – UK ranked ninth WORST country | Personal Finance | Finance

[ad_1] Britons were given a life satisfaction rating of 6.8 out of 10, in research from Better Benefits Guide comparing 36 countries across the world. Incomes for people aged 65 and over were found to be 81.31 More...

By On Sunday, October 2nd, 2022
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You could get a £159 refund if you don’t need your TV Licence anymore – how to check | Personal Finance | Finance

[ad_1] As the cost of living crisis continues, more and more people are looking for ways to save and one way could be to get a TV licence refund.  In the UK, television licences are required by law for households More...

By On Saturday, October 1st, 2022
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Santander issues advice about how to avoid scams after man receives fake text | Personal Finance | Finance

[ad_1] The bank is also encouraging people not to be rushed into making a snap decision and to hang up the phone and call their bank using the number on the back of their card. Many Britons reported receiving More...

By On Saturday, October 1st, 2022
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Free prescriptions: Britons could save hundreds on their medication bills with NHS scheme | Personal Finance | Finance

[ad_1] Another Twitter user @ladyv74766704 said: “I use the prepaid service for my medications and saved over £300 in one year” According to MoneySavingExpert.com, over one million people missed out on savings More...

By On Friday, September 30th, 2022
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State pension: Grandparents could get £3,000 per year for looking after grandchildren | Personal Finance | Finance

[ad_1] Research from Age UK has shown five million grandparents have provided regular childcare for their grandchildren at some point. While for many this is a labour of love, they may not know about the potential More...

By On Friday, September 30th, 2022
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Pound LIVE: GBP soars above pre-mini budget level ahead of Truss crunch talks with OBR | City & Business | Finance

[ad_1] The number of home-buyer mortgage approvals increased sharply in August, to the highest level since January, according to the Bank of England. But experts said the jump in loan approvals is likely to reflect More...

By On Thursday, September 29th, 2022
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Tax-free childcare: Parents urged to claim £2,000 tax relief | Personal Finance | Finance

[ad_1] Parents are spending up to £1,300 annually on childcare costs, according to new research. On average, households have seen their costs rise £110 per month, with the typical nursery in London and the More...