Pension Credit is a vital lifeline for people of state pension age and on low incomes. Pension Credit provides payments worth on average £3,900 a year and can also entitle a person to cost of living payments. People who apply for Pension Credit before Sunday December 10 could qualify for an extra £300 cost of […]
Gold has an unmatchable history, with the first artifacts dating back to before 4,000 BC. Over the centuries, everyone from Roman centurions to corrupt dictators have used it as a store of value. Yet the precious metal has few practical or industrial uses. The price is mostly driven by jewellery demand and market sentiment, with […]
Households are urged to remain diligent with their spending this year as new research found that consumers borrowed far more than they anticipated to cover the cost of their Christmas last year. Almost a third said they didn’t expect to have paid for Christmas borrowing until June, and 13 percent said they would still be […]
Those on the state pension may still be able to apply for Personal Independence Payment (PIP) and boost their income from the Department for Work and Pensions (DWP) to £1,506 an income. When Britons reach the state pension age, it is usually not possible to put in a claim for working-age disability benefit payment except […]
Nearly 18,000 widowed pensioners have been paid figures averaging over £12,000 in back-dated state pension payments following a review of their entitlement. The Department for Work and Pensions (DWP) previously announced hundreds of thousands of women who reached state pension age before April 2016 had been underpaid their state pension due to “historical errors”. The […]
The London Stock Exchange has been hit by its third system outage since October of this year The issue affected training in a large number of smaller stocks for around 30 minutes earlier this morning (December 5). Financial analysts have warned that the company’s credibility going forward due to the series of system outages happening […]
The UK’s service sector finally ended a miserable three-month losing streak last month and pub giant Marston’s has reported “promising” Christmas bookings after a jump in sales. The influential S&P Global/CIPS UK services PMI survey showed a reading of 50.9 in November, up from 49.5 in October, across Britain‘s service industry. The figure was also […]
New home-buyers are being urged not to overlook extra costs that they might not factor into their annual expenditure when snapping up a property. Though successful bids undoubtedly spark concerns about upcoming mortgage repayments, experts say that there are other, hidden, costs not always considered. Aldermore Bank has warned that an extra £2,000 is spent […]
Troubled utility giant Thames Water has warned that its turnaround will “take time” as it revealed profits more than halving and its debt pile mounting further. The UK’s biggest water supplier reported a 54 percent drop in pre-tax profits to £246.4million in the six months to September 30. Revenues rose 12 percent to £1.3billion but it […]
Britons can slash energy bills “more” using comparison site Uswitch’s Demand Flexibility scheme, and also secure an additional payment if eligible. New Uswitch customers can get a £10 bonus through the app by joining in one session of ‘Utrack Money Back’, which pays energy customers for reducing their electricity use during certain peak hours. Utrack […]