More than 125,500 Universal Credit sanctions in August 2023 were for failing to attend a previously agreed Jobcentre appointment or interview. A total of 131,720 were handed out and 95.3 percent of these were for missing a previously arrange appointement – which amounts to just over 125,500. Work and Pensions Secretary, Mel Stride, said: “Fairness […]
Chancellor Jeremy Hunt is set to deliver the Autumn Statement on Wednesday, November 22, and is under pressure to commit to honouring the triple lock which will see the state pension increase by 8.5 per cent next April. The triple lock ensures that older Britons are in receipt of a fair increase to their state […]
Families with dogs may be keen to involve their furry friends in the Christmas festivities but this could cost thousands of pounds and an emergency visit to the vets. Research from MoneySuperMarket found the most expensive accidents that can happen around the home include a dog choking on tinsel, which could cost £3,000, or a […]
As the cost-of-living crisis continues, research shows that renting households can’t afford to put the heating on at all this winter. On top of this, analysis suggests that the energy price cap will rise by five percent and be set at £1,931.25 from January to March 2024, up by nearly £100 on the current level […]
Millions of state pension-age Britons could be missing out on a cash boost worth up to £441 a month, tax-free. The support comes through the Department for Work and Pensions (DWP) Attendance Allowance benefit, which is aimed at people over state pension age who need help with personal care or supervision due to illness or […]
Pension firms choose when to de-risk your money based on one’s expected retirement age, however, many savers are not keeping up to date with their pension schemes and have no clue how their money is being managed. A survey by the wealth manager Interactive Investor found that 65 percent of over-55s did not know whether […]
The new pensions minister has been urged to take action as tens of thousands of state pensioners who miss out on the yearly increase are struggling to pay their bills. Some 500,000 state pensioners miss out on the April uprating in line with the triple lock because of where they live. A survey of those […]
The UK’s army of white van men could see key taxes slashed in Jeremy Hunt’s Autumn Statement. The chancellor is believed to be considering slashing Class 4 National Insurance Contributions (NICs) for the self-employed. As it stands plumbers, electricians and other self employed people get hit with a nine percent charge on profits between £12,570 […]
Britons saving up for their first home or for their retirement have been urged to consider opening a Lifetime ISA (LISA) – which could provide a yearly bonus of £1,000. A saver can deposit up to £4,000 each tax year into a LISA, with any deposits getting a 25 percent bonus, up to £1,000. Brian […]
People risk increasing their energy bills by following certain savings ‘tips’, a heating expert has warned. With the cold weather season in full swing, Simon Brown, lead engineer and compliance officer at Rightio, has delved into the most common misconceptions about winter heating to bust some myths and help people reduce their bills. It’s cheaper […]
