Energy debt legal action doubles – what to do if you’re struggling to pay (Image: Getty) The number of households seeking help to deal with court action over their unpaid energy bills has doubled in the last year, according to Citizens Advice. Although currently affecting a small proportion, there was an increase last year in […]

NHS prescription prices are set to rise again in May in another blow to households grappling with rising living costs, but there are ways people can reduce their bills. On May 1, charges for prescriptions and prescription prepayment certificates (PPCs) will increase by 2.59 percent (rounded to the nearest 5p). Charges for wigs and fabric […]

Three British Gas schemes that can knock hundreds of pounds off energy bills (Image: GETTY) While energy costs may have dropped this month, bills remain as much as 40 percent higher than they were in winter 2021, leaving many Britons still struggling to afford them. British Gas offers customers several schemes to help customers reduce their […]

The cost-of-living crisis has seen buy now pay later (BNPL) overtake payday loans as the credit option of choice for the masses. Virtually every major retailer now offers BNPL at their online tills, which can make buying that perfect pair of shoes, coat or computer console seem easy and affordable. However, the net effect is […]

HMRC is urging Britons to check if they could be missing out on unclaimed savings worth thousands in forgotten Child Trust Funds. In September last year, almost 430,000 people still had yet to claim the cash, worth an average of £2,000 each. However, it remains apparent that money is owed. In a post recently published […]

The amount of money borrowed to fund buy to let property purchases plummeted by 56 percent at the end of last year. Rising interest rates made it increasingly difficult for buy to let landlords to cover repayments on buy to let mortgages. The net effect is that it was no longer seen as an easy […]

This will lift the new state pension to £11,501 for those who get the maximum amount, but millions get thousands of pounds less and will feel hard done by as a result. Why are they losing out? One reason is that there are two state pensions. Anyone who retired from April 6, 2016, will qualify […]

High net worth individuals (HNWIs) are not making the most of the increase to the pensions’ annual allowance after its introduction a year ago, new research reveals. New data from the Saltus Wealth Index Report shows that only a third of HNWIs are taking advantage of the increase from £40,000 to £60,000 in the amount […]

A financial expert has said that state pension payments should go up by more than the 8.5 percent increase pensioners are receiving this month. Yiannis Zourmpanos, senior contributor at Bountii, told Express.co.uk: “While an 8.5 percent bump to pensions is welcome, it may not keep up with how fast essentials are getting more expensive. “Pensions […]

Pension savers have been urged to learn about a key allowance to get the most out of their pots. Money expert Karen Barrett, from financial advice group Unbiased, said people may not be aware of the pensions annual allowance. She told Express.co.uk: “It’s vital that you build a healthy pension pot to help you enjoy […]