Campaigners are calling for Attendance Allowance to be reformed with a new mobility element to allow claimants to access the Motability scheme. A petition on the Parliament website is calling for a mobility element similar to PIP to be added to the petition, and to allow claimants to get a Motability vehicle. At present, the […]
While living costs remain high, easy access savings accounts provide the flexibility needed for people to dip into their pots easily for support – and some are paying interest up to 5.2 percent. Despite this, Bank of England credit data shows that a staggering £1trillion of the nation’s savings is sitting in accounts earning less […]
Millions of people have started to receive their £299 final cost of living payment. The payments will be issued to those eligible across the country from this month – between February 6 to 22. However, a loophole means some people may miss out on the payment despite seemingly being eligible. To be eligible, Britons would […]
A Premium Bonds holder has turned £10 into £50,000 in February’s prize draw (Image: Getty) A Premium Bonds holder has turned £10 into £50,000 in February’s prize draw – equating to a return of 499,900 percent. The winner, from Essex, bought the winning £10 bond in June 1990 and hasn’t added any additional funds into […]
Britons are urged to check if they have been eligible for the DWP’s Bereavement Support Payment or Widowed Parents Allowance as the deadline to backdate claims falls today. The payments are aimed at bereaved parents who lost their partner between April 9, 2001, and 8 February 2023, and thousands more families may be eligible. A […]
An MP has put forward a bill to get the DWP to put forward a compensation plan for women affected by the WASPI state pension issue. Alan Brown shared stories of women affected by the issue in his constituency, urging for those in the WASPI generation to be given compensation payouts of £10,000 or more. […]
Universal Credit claimants, and people in receipt of other benefits, are being warned they could face a £50 fine. People may even be taken to court if they fail to tell the DWP about important changes in their circumstances. The Department for Work and Pensions (DWP) has offered a list of changes that Universal Credit […]
Virgin Money is offering a market-leading fixed rate ISA paying 5.25 percent interest. Cash ISAs are a popular savings option, as these accounts enable people’s money to grow without having to pay tax on the interest above the Personal Savings Allowance (PSA). This type of account has become even more appealing amid high interest rates […]
Coventry Building Society is now offering the top easy-access account with a rate of 5.15 percent. The Triple Access Saver (Online) (2) pays 5.15 percent AER/gross (variable) on deposits starting from £1, up to £250,000. Savers can get £515 of interest on a £10,000 deposit over one year. Interest on savings can be applied annually […]
From 2026, it will start rising once again to 67, then to 68 from 2044 (and in my view, sooner than that). Now the International Longevity Centre has said we urgently need to increase the retirement age to 71. The change needs to be made quickly. Under its proposals, the new higher retirement age would […]