Last year’s Budget from Jeremy Hunt promised to tackle inflation, improve childcare for working parents, boost growth and business investment. And all eyes will be on the Chancellor on Wednesday, March 6, when he will deliver this year’s Spring Statement to a packed House of Commons in Westminster, central London. The promises he makes will be […]
Britons are urged to check if they or their loved ones can apply for the DWP’s Pension Credit benefit to receive the final £299 Cost of Living Payment. Pension Credit, distributed by the Department for Work and Pensions (DWP), tops up a person’s income to a minimum of £201.05 per week for single pensioners and […]
Martin Lewis helped a woman claim back nearly £10,000 in backdated DWP support following the death of her partner with one of his recent money tips. Until February, individuals had the opportunity to claim any Widowed Parents Allowance or Bereavement Support Payments they might have qualified for in the previous six years. The criteria to […]
An NS&I customer has sounded the alarm about a suspected scam email campaign with fraudsters pretending to be the provider. The saver contacted NS&I over X to warn they had received an email “pretending” to be from the savings giant. They said: “It also contains a form NS&I ID2595 – We are updating our Terms […]
State pensioners could soon be taking home over £13,200 a year but the triple lock metric may have to change to keep the policy affordable. If the triple lock remains in place for the rest of the decade, by the time of the 2029/2030 tax year, the full new state pension could rise to £13,236.10 […]
KPMG, one of the big-four financial firms, has been hit with a nearly £1.5 million fine by the UK’s accounting watchdog over its audit of advertising company M&C Saatchi. The Financial Reporting Council (FRC) announced the penalty on Monday, almost three years after it first started looking into KPMG. This all started when M&C Saatchi […]
Next month, there will be new payment uprating delays for people on State Pension, PIP, Universal Credit and other benefits. Millions of older people on the State Pension will see payments rise by 8.5 per cent in April while those on benefits can expect an uplift of 6.7 per cent. However, many people may not […]
Due to a reported decline in the public finances outlook and limited “fiscal headroom,” rumors suggest the Chancellor may announce another National Insurance tax cut as the main highlight of this week’s Spring Budget. It’s been mooted that Jeremy Hunt will announce a 1p reduction to Class 1 National Insurance – with the possibility of […]
The Department for Work and Pensions (DWP) has stopped benefits for thousands of people who didn’t want to switch to Universal Credit because of its strict bank account rules. The DWP found that some people’s claims didn’t go through is because they had too much money saved. If you’re claiming Universal Credit and have more […]
Analysts have weighed up the pros and cons of varying the state pension age for Britons by geographical region. Express.co.uk spoke to several experts about the idea with some saying the policy change could make the system fairer, with easier access for poorer areas, but there were concerns it could be soon as arbitrary and […]