Press Releases
DWP Budgeting Loan: New two-year repayment rule for Universal Credit claimants | Personal Finance | Finance

People on Universal Credit can now get loans up to £812 and pay back over two years. If you’re on Universal Credit and need money for an emergency, you can borrow up to £812. You used to have to pay it back in one year, but now you have two years. But Chancellor Jeremy Hunt […]

Updated: Mar 11, 2024
Hunt’s Budget raid has killed the holiday home dream – unless you have one thing | Personal Finance | Finance

Having a second home in a coastal town in rural idyll was always a luxury, and in a crowded island like ours, controversial, too. Locals regularly complain that their lives have been ruined by tourists, holiday homes and Airbnb. Too many cannot afford to buy a home in a town they grew up in. Some […]

Updated: Mar 10, 2024
Martin Lewis predicts launch date for British ISA after new product announced in Budget | Personal Finance | Finance

Martin Lewis has spoken about when he thinks the new British ISA announced in the Spring Budget will launch. Savers will get an additional £5,000 annual allowance to save into the British ISA, on top of the existing £20,000 allowance, with the savings to be invested in UK companies. Mr Lewis told listeners to his […]

Updated: Mar 10, 2024
Free prescription charges for people with certain health conditions to be debated by MPs | Personal Finance | Finance

MPs are set to debate a petition relating to prescription charges for people with chronic or long-term health conditions. The petition, which has more than 20,000 signatures, stated: “Extend the criteria for medical exemption certificates. “The MedEx criteria should include chronic illnesses as acknowledged by the NHS. This includes but is not limited to MS, […]

Updated: Mar 10, 2024
‘Mortgage prisoners’ struggling to pay for food take legal action against TSB | Personal Finance | Finance

Thousands of so-called mortgage prisoners have been given a ray of hope with a fresh court case that could allow them to recoup punishing repayments. The victims had mortgages with banks which collapsed following the financial crash of 2008 and were then sold on to other organisations. Carol and Kevin Belson, of Swindon, are two […]

Updated: Mar 10, 2024
Four ways to turn your love of books and reading into a successful side-hustle | Personal Finance | Finance

This article contains affiliate links, we will receive a commission on any sales we generate from it. Learn more MoneyMagpie offers its tips on how to make cash from reading (Image: Getty) World Book Day really brings out us bookworms in droves. Whether it be the adorable kid’s costumes, the exclusive releases or the incredible […]

Updated: Mar 10, 2024
Budget tax changes could boost working parents’ income by more than £6,000 | Personal Finance | Finance

Some working parents are set for a £6,000 income boost thanks to new National Insurance and Child Benefit changes that’ll take effect in April. Middle-income families have been described by some as the “biggest Budget winners” due to the two tax changes announced by Chancellor Jeremy Hunt on Wednesday. Laura Suter, director of personal finance […]

Updated: Mar 10, 2024
Castle Trust Bank boosts interest rate on Cash ISA to 5.05% and earns ‘excellent’ rating | Personal Finance | Finance

Castle Trust Bank has increased the interest rate on its fixed Cash ISA to 5.05 percent, earning an “excellent” Moneyfacts rating. The interest rate is fixed for one year and the account can be opened with a minimum deposit of £1,000. Commenting on the new deal, Caitlyn Eastell, a spokesperson at Moneyfactscompare.co.uk, said: “Castle Trust […]

Updated: Mar 9, 2024
Pensioner alert as you could benefit from key policy changes in Spring Budget | Personal Finance | Finance

Pensioners may have been disappointed at the lack of policies to help them in the Spring Budget but there are several changes that could help their finances. Mark Screeton, CEO at SunLife, encouraged older Britons to read up on the changes announced by Chancellor Jeremy Hunt and to see if they can increase their income […]

Updated: Mar 9, 2024
How to enjoy the great outdoors and conquer financial barriers in your way | Personal Finance | Finance

This article contains affiliate links, we will receive a commission on any sales we generate from it. Learn more MoneyMagpie says the great outdoors need not break the bank (Image: Getty) I love the great outdoors. I live rurally and have a dog and as a journalist this escape and fresh air is hugely necessary […]

Updated: Mar 9, 2024