Press Releases
DWP Winter Fuel Payment: Who will be paid automatically and who needs to apply | Personal Finance | Finance

Older Britons are receiving the Winter Fuel Payment and while many will get the funds automatically, some need to file an application with the DWP. The payment is worth between £250 and £600 this year, which includes a pensioner cost of living payment. Most people born on or before September 25, 1957 will qualify for […]

Updated: Jan 11, 2024
Top easy access savings accounts paying up to 5.22% interest as billions lost in idle pots | Personal Finance | Finance

Nearly £400billion is languishing in UK current and savings accounts earning one percent interest or less, according to analysis. Around £380.9billion is estimated to be sitting in current accounts paying between nothing and one percent and instant access non-ISA savings paying 0.01 percent to one percent. The research, from Yorkshire Building Society and data consultancy […]

Updated: Jan 11, 2024
Record number of women to receive honorary blue plaque this year | City & Business | Finance

Britain’s first female neurosurgeon and newspaper photographer are among a record number of women being honoured this year with a blue plaque. The English Heritage scheme, which has been running in London for more than 150 years, recognises 1,003 inspirational people for their achievements across arts and science. For the first hundred years of the […]

Updated: Jan 11, 2024
DWP warns thousands could miss out on £150 off energy bills as deadline looms | Personal Finance | Finance

Thousands of energy customers could receive a £150 discount on their energy bills via the Warm Home Discount scheme. It is designed to help those in need stay warm throughout the winter months. The one-off discount is applied to one’s electricity bill between early October 2023 and March 31, 2024. Anyone who is eligible should […]

Updated: Jan 11, 2024
HMRC set to swoop on Brits selling clothes online – act now to avoid side hustle tax trap | Personal Finance | Finance

The new rules kicked in from January and have caused particular concern as people look to sell unwanted Christmas gifts or have a good old-fashioned declutter as spring approaches. HMRC is pioneering a new method of collecting information on people who sell goods and services online in their spare time, as well as gig workers […]

Updated: Jan 10, 2024
Savings expert explains how to get almost £5,000 more interest on same sum of money | Personal Finance | Finance

The big four banks – Barclays, Lloyds, HSBC and NatWest – came under fire last year from MPs last year for failing to pass on base rate increases to savers, and they continue to lag behind the market. Yet all too often savers only have themselves to blame, by failing to shake off their inertia […]

Updated: Jan 10, 2024
HMRC side-hustle tax myths busted: What new rules mean for majority of sellers | Personal Finance | Finance

HM Revenue and Customs (HMRC) is cracking down on online sellers and side-hustlers with new tax rules this year, but not everyone will be affected, experts have said. As of January 1, platforms such as Vinted, Airbnb, and eBay, are obliged to share more information with HMRC. This comes in an attempt from the tax […]

Updated: Jan 10, 2024
Britain’s cheapest supermarket unveiled – and how costs compare to swanky Waitrose | Personal Finance | Finance

Asda was the cheapest supermarket for a larger trolley for 11 months of the year, with Morrisons being the cheapest in July. Waitrose was the most expensive supermarket for 11 months of the year for a larger trolley, while Sainsbury’s emerged as the most expensive for customers shopping without a loyalty card in September. In […]

Updated: Jan 10, 2024
Inflation and interest rates crises cost the high street almost 120,000 jobs in 2023 | UK | News

Business campaigners have warned that only those with the “deepest pockets and brightest ideas” will survive this year after figures show that the high street shed almost 120,000 jobs in 2023. End of year figures compiled by the Centre for Retail Research (CRR) suggest 119,405 jobs were lost and 10,494 shops shuttered as businesses battled […]

Updated: Jan 10, 2024
Pensions alert as HMRC tax change could boost pots by up to £75,000 | Personal Finance | Finance

Tax changes soon to come into force could help self-employed people increase their pension pots by up to £75,000. Self-employed workers will no longer have to pay Class 2 National Insurance contributions from April this year, meaning those who earn over £6,725 will no longer need to pay the standard £3.45 per month to qualify […]

Updated: Jan 10, 2024