With interest rates predicted to remain high until next year, savers are urged to shop around for the best deal to ensure they are benefitting from the top interest rates. An expert has shared her “non-negotiables” when it comes to getting the best rate. Savers are urged to check their savings rate against the best […]
Britons are being urged to check if they’re eligible for a tax-free income boost through Pension Credit, worth up to £3,500 a year. Claiming now could land people with an extra £300 through the Government’s Cost of Living Payments – but the deadline to secure this part is fast approaching. Posting on X, formerly known […]
The Cold Weather Payment scheme began on November 1 meaning eligible households can get a £25 payment when the temperature drops below a certain level. People can get a payment if the average temperature in their area is recorded as, or forecast to be, zero degrees celsius or below over seven consecutive days. The Cold Weather […]
Thousands of Wilko staff lost their “family” after the popular retailer went bust, leaving many of them without a job right before Christmas and a community they’ve held onto for so long. The staff consistently spoke about feeling like a “family” to their union, prior to the chain going bust, GMB has said. Nadine Houghton, […]
Wilko’s former chief executive has said that “the start of Wilko’s problems” might have come with “an enormous mistake” that it made in 2018. The 93-year-old discount chain collapsed in August 2023, leaving 12,000 workers facing redundancy. Mark Jackson said: “There was a big loss in 2018/19, which was referred to – and I have […]
Persistently high energy bill costs have widened the fuel poverty gap by as much as 45 percent since 2020, a new study shows. Heating solution experts, SNUGEL, found that despite UK energy caps and improvement in energy efficiency, the median fuel poverty gap in homes that are considered ‘fuel poor’ increased from £233 in 2020 […]
Families may be able to slash their energy bills when it comes to dinner time by switching to cheaper kitchen appliances. Research from Quotezone.co.uk found a household could save £200 a year by switching to one of the most energy efficient appliances, a slow cooker. Kitchen devices that can cook food more quickly can also […]
Before breaking down the savings account, Mr Lewis reminded viewers they would need to take out this product to benefit from the raised interest rate. He explained: “So, Nationwide pays the most interest. Eight percent, one-year variable. The monthly amount, well you don’t have to contribute each month, that’s why it says nought. “The most […]
As a result, selected standard residential fixed rates will be cut by between 0.03 percent and 0.27 percent. New Build exclusive fixed rates will be reduced by between 0.05 percent and 0.29 percent,, while selected buy-to-let fixed rates will drop by between 0.05 percent and 0.17 percent. In terms of product transfers, selected residential fixed […]
One pensioner is at risk of losing around £100,000 due to a “devastating” deal with her bank, according to her son. Steven Hutchinson, 62, from Kimberley in Nottinghamshire is speaking out about the impact of shared appreciation mortgages (SAM) on his 88-year-old mother, Beryl. SAMs are mortgage deals which involve the bank or lender agreeing […]
