Millions will get a cash boost in the New Year, with a £299 cost-of-living payment hitting eligible accounts in February, the Government has announced. The DWP will pay around eight million eligible households across the UK as part of a three-payment package which is worth £900 in total. The £299 payment will be made to […]

The Office of National Statistics (ONS) will announce the UK’s latest GDP estimation today, but Britain remains on tenterhooks following the third quarter’s flatline. Gross domestic product (GDP) measures the value of goods and services produced in the UK. The results are used to estimate the size and growth of the economy. The UK’s economy […]

Here is a breakdown of the mortgage rate changes among the country’s six biggest lenders.   Rates (12th December) % change from 5th Dec % change from 14th Nov Two-year fixed-rate mortgage (75% LTV) 5.22% -0.1% -0.31% Five-year fixed-rate mortgage rate (75% LTV) 4.81% -0.03% -0.14% Two-year variable-rate mortgage rate (75% LTV) 5.74% – – […]

As it stands, someone with typical usage will pay £1,781 a year on this tariff compared with £1,834 a year on the energy price cap. However, it should be noted that a household’s final bill and rate will vary depending on their usage and region. In order to get this deal, potential customers will need […]

Estate agency Purplebricks has today launched a new pricing structure that will let customers sell their homes “for free”. The announcement follows its recent acquisition by Strike, the estate agency group backed by Freston Ventures. According to the firm, all Purplebricks customers can benefit from the service, which includes a home valuation, negotiation, listing on a […]

British Gas has confirmed it will take part in the latest ESO Demand Flexibility Service event this evening, offering customers another chance to save money on energy bills. The event will take place today (December 12) between 5pm and 6pm. British Gas will inform its 425,000 customers who have signed up via its PeakSave scheme […]

As it stands, the Bank of England has raised the nation’s base rate to 5.25 percent and it has remained at this level for a couple of months. Following the impact of former Prime Minister Liz Truss’ mini-Budget, rates were pushed to a much higher level than ever before. The average two-year mortgage rate reached […]

The Marriage Allowance is a tax incentive put in place by the Government that can be helpful for married or civil partners couples, particularly if one partner or spouse is a lower earner. It lets individuals transfer £1,260 of their Personal Allowance to their husband, wife or civil partner, which can reduce their tax by […]

The number of people searching how to cancel their TV licence has reached a 15-year high following the announcement that the fee will increase again next year. According to data compiled by SEO consultants, SEOtagg, searches for the term “cancel TV licence” multiplied by 10 times last week compared to the same period last year. […]

Morris decided to overpay his mortgage after getting a pay rise as he wanted to put the extra money to work, and has been able to almost halve his mortgage term because of it. He explained his overpayment situation on BBC Money Box, stating it has given him “financial headroom”. Although his capital is low, […]