Thousands of legacy benefit claimants have been warned they will see a change to their benefits over the coming months with the move to Universal Credit. The DWP will continue the project to move people over with the remaining groups on legacy benefits to be transferred to Universal Credit, apart from those on Employment and […]
The Parliamentary and Health Service Ombudsman (PHSO) is set to conclude an independent investigation into changes made to the State Pension age this year. The Ombudsman has confirmed that any recommendations it makes to the Department for Work and Pensions (DWP) will apply to “everyone who has been similarly affected” by the failings it identifies, […]
An Evri driver has revealed how much he earns per delivery and it’s left people shocked. Isaac, a YouTuber who also works for the company, shared that earnings can vary daily, but gave a rough idea of the potential daily earnings from delivering parcels. He asked his followers: “Can you make £100 a day?” and […]
Wealth and savings app Chip has launched its first Cash ISA to help customers maximise potential returns amid higher interest rates. The new account, powered by ClearBank, is fully flexible, allowing savers to instantly deposit and withdraw their money with no restrictions without affecting their ISA allowance. It offers a “highly competitive” interest rate of […]
Millions of people on benefits are to receive a £299 cost of living payment over the coming days but some may miss out if they do not meet two criteria. The payment is the final instalment of a £900 cost of living payment going out to eligible people over this financial year, including those on […]
Britain is set for the highest inflation of the world’s G7 advanced economies this year and next despite the cost of living rising at a far slower pace, according to new forecasts. The Organisation for Economic Co-operation and Development (OECD) has adjusted its forecasts for the headline UK inflation, revising it downward to an average […]
People hoping to retire with their state pension may soon be forced to keep on working for several more years as the state pension age could rise to 71. A report from the International Longevity Centre has warned the state pension age may soon need to be hiked to 70 or 71 due to the […]
Lloyds Bank has warned of a surge in brutal romance scams that are leaving victims thousands of pounds worse off. The number of people falling victim to romance scams increased by a fifth (22 percent) in 2023, compared to 2022, according to the bank. Overall, the average amount lost to romance scams was £6,937, less […]
Shawbrook Bank is offering a “competitive” one-year fixed ISA paying 4.98 percent interest, earning an “excellent” Moneyfactscompare rating. Savers need a minimum deposit of £1,000 to open an account with the challenger bank, and interest can be paid monthly or annually, which “may also be appealing”, a savings expert has said. Commenting on the deal, […]
Octopus Energy customers earning points in the ‘Octoplus’ reward scheme can now claim prizes through the provider’s newly announced big brand partners. Over a million Octopus customers have already joined ‘Octoplus.’ Those who cut their usage during high-demand periods or maintain a healthy energy account by checking meter readings and spinning the ‘wheel of fortune’ […]
