Press Releases
Mr Kipling owner suspends pension deficit payments | City & Business | Finance

Mr Kipling and Bisto owner Premier Foods is suspending deficit make-up payments to its pension scheme and instead will use the cash to fund its growth plans. Premier said that it had reached a deal with its pension scheme trustees to suspend deficit payments from April 1, the start of its new financial year. The […]

Updated: Mar 6, 2024
Packets of cigarettes will cost more than £16 on average after new Budget duty bump | Personal Finance | Finance

The price of an average packet of cigarettes is set to top £16 after the Chancellor introduced a one-off increase in tobacco duty in today’s Budget. Chancellor Jeremy Hunt announced his intention to increase the average price of tobacco in his Budget earlier today. This increase will push the average cost of 20 cigarettes past […]

Updated: Mar 6, 2024
Budget: Hunt’s 2p National Insurance cut is brilliant news until you look at it | Personal Finance | Finance

Almost 28 million employees will soon get another 2p off their National Insurance (NI) bills, saving them on average £450 from April 6. Two million self-employed will save around £350. These savings are on top of the 2p NI cut that Hunt announced in November’s Autumn Statement, which came into force on January 6. In […]

Updated: Mar 6, 2024
Budget 2024: 10 major announcements from Chancellor Jeremy Hunt | Personal Finance | Finance

Chancellor of the Exchequer Jeremy Hunt (Image: House of Commons/UK Parliament/PA Wire) Chancellor Jeremy Hunt delivered his Spring Budget in the House of Commons today. Mr Hunt said the focus of today’s budget was permanent cuts in taxation, he acknowledged interest rates were still high but said the government will be able to help families […]

Updated: Mar 6, 2024
Capital Gains Tax higher rate reduced from 28% to 24% in Spring Budget | Personal Finance | Finance

Capital gains tax is to be reduced in a bid to increase Government revenues, the Chancellor has announced in his Spring Budget. The rate paid by higher or additional taxpayers on residential property is to drop from the current 28 percent to 24 percent. Chancellor Jeremy Hunt said: “We can now help families not just […]

Updated: Mar 6, 2024
Universal Credit claimants get more time to pay back loans – Martin lewis praises move | Personal Finance | Finance

Universal Credit claimants will now have more time to pay back a budgeting advance loan, according to plans announced in the Budget today. A budgeting advance can be used for certain expenses such as emergency household costs, rent in advance or a deposit for moving home, travel costs for starting a new job, or funeral […]

Updated: Mar 6, 2024
NS&I ‘prize winner’ baffled as she doesn’t even hold any Premium Bonds | Personal Finance | Finance

A woman was surprised to get a message to say she had won a Premium Bonds prize as she doesn’t hold any savings with NS&I. The woman contacted NS&I over X after she got a second email to tell her she had a prize to collect despite not having any Bonds in her name. She […]

Updated: Mar 6, 2024
Bitcoin scam alert as fraudsters swoop on crypto-currency’s record-breaking success | Personal Finance | Finance

An expert has issued a scam warning after bitcoin hit a record high, before dropping off shortly after. Bitcoin hit an all time high yesterday with the value reaching over £56,000 but Zigmas Pekarskas, chief executive of Smart Betting Guide (SBG), has warned investors to be wary of scams involving the cryptocurrency. According to new […]

Updated: Mar 6, 2024
As car insurance hits £955 expert shows ‘right way’ to cut premiums – and what we do wrong | Personal Finance | Finance

The average motorist is paying a staggering 58 percent more for the car insurance than a year ago as sky-high inflation pushes up the cost of settling claims, due to rising labour, repairs and material costs. Motor premiums are putting even more pressure on people’s wallets as the cost-of-living crisis drags on. A motoring expert […]

Updated: Mar 6, 2024
Scam warning as woman loses £3,600 in con that ‘anyone can fall for’ | Personal Finance | Finance

‘I was scammed out of £3,600 by fraudsters in con that anyone can fall for’ (Image: GETTY) A woman was scammed out of thousands of pounds by a fraudster who convincingly claimed to be her son. Sharing her story to Alexis Conran on the Jeremy Vine show, Amanda said she initially lost an eye-watering £3,600 […]

Updated: Mar 6, 2024