Press Releases
State pensioners up in arms over ‘unfair’ rule that means they can’t access vital benefit | Personal Finance | Finance

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 […]

Updated: Feb 8, 2024
Top 5 easy access savings accounts with interest rates up to 5.2% | Personal Finance | Finance

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 […]

Updated: Feb 8, 2024
DWP loophole could stop Brits getting £299 cash boost in urgent warning | Personal Finance | Finance

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 […]

Updated: Feb 8, 2024
Premium Bonds holder wins £50k prize with a £10 bond bought in 1990 | Personal Finance | Finance

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 […]

Updated: Feb 8, 2024
DWP warning for 12,000 families that could be due up to £9,800 as deadline falls today | Personal Finance | Finance

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 […]

Updated: Feb 8, 2024
WASPI women could be guaranteed compensation with payouts of £10k or more under new bill | Personal Finance | Finance

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. […]

Updated: Feb 8, 2024
DWP act now alert as Brits at risk of £50 fine and being taken to court | Personal Finance | Finance

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 […]

Updated: Feb 8, 2024
Virgin Money offers market-leading fixed Cash ISA with 5.25% interest rate | Personal Finance | Finance

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 […]

Updated: Feb 8, 2024
Coventry Building Society now offers the best easy access account savings option | Personal Finance | Finance

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 […]

Updated: Feb 8, 2024
Hiking state pension age to 71 is ‘poison’ but we might just have to swallow it | Personal Finance | Finance

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 […]

Updated: Feb 8, 2024