Despite falls in inflation a record nine in ten people continue to be concerned about high food prices. At the same time, high prices are driving an increase in risky behaviours such as eating food past its use-by date and keeping leftovers for longer. While food inflation has come down from its peak of 19.2 […]

The Government may grant compensation to the WASPI generation of state pensioners despite its initial reluctance, a group has said. Pete Mugleston, MD and money expert at www.onlinemoneyadvisor.co.uk, told Express.co.uk: “The Government’s initial stance suggested a reluctance to comply with the compensation recommendations, citing budgetary constraints and differing interpretations of the law. “However, public and […]

Cutting tax and benefits would “encourage” more men to get back into the workforce, a leading think-tank has said. The International Monetary Fund (IMF) says there is an “urgent need for policies” that would get more people working and provide a boost to the economy. It comes as new figures revealed the number of Britons […]

A pensions expert calling for a state pension age at 63 with a reduced payments rate has explained why the system could be a good compromise. Steven Cameron, pensions director at Aegon, previously put forward the idea of a early access to the state pension by three years, which would mean a potential state pension […]

In an attempt to hasten its transformation, Lloyds Banking Group is reorganising its risk management team, according to recent reports. The revamp threatens to make some roles redundant, while new jobs will be created in other sectors. A company-wide memo sent last month from Chief Risk Officer, Stephen Shelley, revealed that Lloyds is “resetting our […]

Tool and equipment rental firm Speedy Hire has reported a dip in revenue, citing a mild winter and “challenging market.” conditions. Despite this, the company expects to meet the lower end of its profit expectations. Revenue fell by around five percent to approximately £420 million in the year to March 31. The company attributed the […]

Tesco chief executive Ken Murphy has pledged to keep cutting prices to help customers cope with the squeeze on their finances and maintain its sales momentum. Speaking at its annual results, Murphy added that grocery price inflation at Tesco is starting to stabilise at low single digits. According to data from Kantar, grocery price inflation […]

The price of a UK passport is set to rise again this week in a move the Home Office says will help improve services. The cost will increase by seven percent on Thursday, April 11, taking the overall price up from £82.50 to £88.50 at midnight. For those applying for adult passports by post, the […]

Pensioners with a heart condition could be able to claim Attendance Allowance benefits worth £434 a month. The latest figures published by the Department for Work and Pensions (DWP) show there are now more than 1.5 million people over State Pension age receiving regular financial support for a health condition through Attendance Allowance. The benefit […]

Pension savers have been urged to check if they are affected by a key policy change. The pension lifetime allowance (LTA) was removed at the turn of the tax year earlier this month. Under the previous allowance, a person could save up to £1,073,100 into their private pensions and not pay tax, with the policy […]