Allowing children to be raised in cold homes because of high energy costs is a potential “humanitarian crisis”, say UK academics. Some 72 percent of parents cut back their energy use over the winter period due to high bills with the figure a higher 80 percent among those on low incomes. A new study found […]
Soaring house prices over the past 10 years mean the typical property now costs more than eight times the average salary. The disparity means millions of young people have been forced to give up their home-owning dream or take on huge mortgages. Separately, many people have been priced out of owning a home in the […]
Instead, Bailey he vowed to “learn” from brutal criticisms of the BoE’s performance outlined in an investigation led by former Federal Reserve chairman Ben Bernanke. I don’t believe it for a moment. That word “learn” is a weaselly one these days, isn’t it? It’s what celebrities pledge to do after being called out for saying […]
A top ten of the hot spots where runaway rents have pushed household budgets into the red has been revealed. Young renters in particular have faced a much bigger squeeze than home buyers, according to a new study. It has identified 160 constituencies, making up almost a quarter of the UK, where people are struggling […]
An online petition urging the government to abolish tax on State Pensions and benefits has gathered momentum with more than 10,270 signatures. The call argues that such taxation is “punishing pensioners and those on some benefits”, thereby pushing them further into poverty. The appeal has now qualified for a formal response from the UK Government. […]
Young people are the most confident they could spot a scam – despite being scammed more than any other age group, new research has found. Adults aged 18-34 are the most likely to be fooled by online scammers, new research from Airbnb has found. The research found that young people lose an average of £1,150 […]
Scammers circulating tourism hot spots, from fake gladiators on the steps of the Colosseum to rip off airport taxis, are picking the pockets of holidaymakers. Britons visitors to popular summer destinations are providing a steady stream of potential victims, according to a new warning. Due to being unfamiliar with the local language, currency, and surroundings, […]
An accountant has spoken of his concern that his state pensioner parents are struggling to balance the books as bills increase. The state pension has increased 8.5 percent this month but many household bills have also gone up, including water bills, council tax and mobile and broadband. Chris Demetriou, co-founder of Nottingham-based Archimedia Accounts, told […]
The 8.5 percent rise in the state pension will fall short of covering the rising costs pensioners face, an expert has warned. Rudy Khaitan, managing partner of Senior Capital, told Express.co.uk the Government needs to do more to help older Britons. He said: “While the 8.5 percent increase in the state pension is a step […]
A mum contacted HMRC to ask if she would get a capital gains tax bill in selling a flat. The woman reached out to the tax authority over X to ask: “Could you tell me I bought a flat for my children to stay in while at university. I paid the bills for it. “If […]
