Press Releases
DWP issues ‘deadline’ warning as pensioners may claim extra £3,900 a year plus £300 boost | Personal Finance | Finance

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 […]

Updated: Dec 5, 2023
Gold price hits all-time $2,100 high as investors gear up for 2024 stock market boom | Personal Finance | Finance

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 […]

Updated: Dec 5, 2023
‘Red Christmas’ warning as rising bills combine with festive spending to squeeze finances | Personal Finance | Finance

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 […]

Updated: Dec 5, 2023
State pensioners could boost DWP income to £1,506 monthly if eligible for a new PIP claim | Personal Finance | Finance

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 […]

Updated: Dec 5, 2023
DWP confirms these state pensioners are due back-payment averaging over £12,000 | Personal Finance | Finance

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 […]

Updated: Dec 5, 2023
London Stock Exchange outage paralyses trading in third incident since October | Personal Finance | Finance

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 […]

Updated: Dec 5, 2023
Service sector finally grows as pub giant Marston’s reports ‘promising’ Christmas | Personal Finance | Finance

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 […]

Updated: Dec 5, 2023
‘Hidden’ home-buying cost warning as buyers spend extra £2,000 in first year | Personal Finance | Finance

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 […]

Updated: Dec 5, 2023
Thames Water debt crisis swells to £14.7billion as profits plunge whopping 54% | Personal Finance | Finance

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 […]

Updated: Dec 5, 2023
Uswitch Demand Flexibility scheme can help slash energy bills ‘more’ | Personal Finance | Finance

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 […]

Updated: Dec 5, 2023