Changes to benefits rules could see Department for Work and Pensions officials checking people’s bank accounts each month to make sure they are not fraudulently claiming their payments. The new system would involve officials checking bank statements to make sure claimants are not being dishonest about their savings, which could affect their entitlement. Chancellor Jeremy […]

Brexit Britain has landed a huge win after an economist says leaving the European Union has resulted in wages soaring. Economists have said that a drop in immigration from the EU has meant British workers have more bargaining power and the ability to ask for higher wages. Senior analysts said the increase in wages had […]

Amongst an array of policy changes and new plans for tax and public spending, Chancellor Jeremy Hunt will confirm the upcoming year’s increase in DWP welfare benefit rates in Wednesday’s Autumn Statement, though the exact uprate figure remains uncertain. Benefits are usually uprated every April based on inflation statistics from the previous September. The Consumer […]

People planning to send presents and Christmas cards over the next few weeks may want to note these key dates for Royal Mail deliveries. Britons have been urged to send off their items as soon as they can to make sure they arrive in time for Christmas Day. These are the last dates for sending […]

‘I’m an expert – key tax for UK expats in Spain – including one always forgotten about’ (Image: Tax Natives) With the number of Britons relocating to Spain steadily increasing every year, more face the risk of overlooking crucial tax rules, which could lead to severe penalties. The Spanish tax system is complex, with details […]

With snow forecast to land in some areas this weekend, households that fall into the vulnerable and low-income bracket may soon receive a welcomed cash boost. The Cold Weather Payment scheme offers eligible households financial support when the weather drops below a certain level for an extended period of time. The scheme, which is offered […]

Best savings accounts this week offering interest rates up to 8% (Image: GETTY) While the Bank of England Base Rate remains at a 15-year high of 5.25 percent, high street banks and building societies are still offering savers competitive returns on their money. Interest rates have dipped in recent weeks, but some savings accounts are […]

The Government is legally required to increase the basic and new state pension each year in line with average earnings growth, CPI inflation, or 2.5 percent. Under the triple lock, state pensions are expected to rise by at least 7.8 percent in April 2024, following a 10.1 percent increase in line with Consumer Price Index […]

The standing charge covers the cost of providing and maintaining the wires, pipes and cables that deliver power to your door, including the energy company’s staff and buildings. It currently costs the average household 53p a day for electricity and 30p a day for gas, adding £303 a year to bills regardless of how much […]

The triple lock is hugely popular having dragged millions of pensioners out of poverty, yet has come under increasing attack for being unaffordable. While Hunt would be foolish to disappoint pensioners ahead of next year’s general election, both the Conservative and Labour leadership are cagey about the triple lock’s long-term future. The triple lock, introduced […]