Press Releases
‘I’m 67 and the DWP state pension leaves me with a measly £6 to live on each month’ | Personal Finance | Finance

A pensioner from Cornwall has been forced back to work because he only had £6 left each month after bills. Rob Trewhella, 67, from Penzance, couldn’t make ends meet with just his State Pension. He gets £814 a month but pays £675 for rent, £104 in council tax, and about £40 for electricity. Rob told […]

Updated: Feb 29, 2024
Mortgage rates plunge sparks house sale surge that is 15% higher than last year | Personal Finance | Finance

Zoopla has reported a 15 percent increase in house sales compared to the same period last year, as mortgage rates begin to drop. The property website found that agreed sales have risen due to an 11 percent increase in buyer demand and a 21 percent rise in homes for sale compared to last year. According […]

Updated: Feb 29, 2024
HMRC has a VIP phone line that answers calls in a few minutes – but only for these people | Personal Finance | Finance

A “VIP” helpline allows higher earners, including ministers and civil servants, to have their calls answered by HMRC nine times faster than members of the public. The helpline, known as Public Department 1 (PD1), operates with up to nine call handlers, and the average wait time, based on the most recent publicly available data, was […]

Updated: Feb 29, 2024
Bitcoin price nears record high as cryptocurrency surges | City & Business | Finance

Bitcoin has skyrocketed to $60,000 for the first time since November 2021, edging close to the cryptocurrency’s previous all-time high. As of early Wednesday afternoon, one Bitcoin was valued at $60,519, coming within striking distance of the record peak of $60,655 set on October 31, 2021. This surge follows several days of significant price increases, […]

Updated: Feb 28, 2024
DWP benefits warning as these payments stop due to Universal Credit shake-up | Personal Finance | Finance

According to a new report from the National Audit Office (NAO), thousands of families have had their benefits stopped due to recent changes in Universal Credit. The Department for Work and Pensions (DWP) is currently moving people who claim older benefits such as Tax Credits, Jobseekers Allowance, and Income Support onto Universal Credit. The NAO […]

Updated: Feb 28, 2024
Six ‘straightforward’ ways to give yourself a tax cut – no matter what Budget has in store | Personal Finance | Finance

Six ‘straightforward’ ways to give yourself a tax cut as burden soars to record high (Image: Getty) As Britain grapples with its highest tax burden on record, people are being urged to check if they’re using all available tax allowances to make a saving. The Institute for Fiscal Studies (IFS) found that despite National Insurance […]

Updated: Feb 28, 2024
The top 10 reasons adults have considered starting their own business | City & Business | Finance

Eight in 10 side hustlers want to become their own boss – so they don’t have to work for anyone else again. A poll, of 1,500 people who have a side hustle or plan on setting one up, found 79 percent would love to work for themselves so they have no one else to answer […]

Updated: Feb 28, 2024
Council tax alert as SNP demands co-operation to accelerate reforms | Personal Finance | Finance

Scotland’s First Minister has said he hopes to move his party’s long-standing pledge to reform council tax “at a quicker pace” than has been done before. The SNP has pledged since it took office in 2007 to reform the levy, but no concrete proposals have ever made it to Holyrood. Speaking at a press conference […]

Updated: Feb 28, 2024
Just Eat shares fall despite ‘strong momentum’ in UK and Ireland | Personal Finance | Finance

Just Eat is expecting a rise in profits due to “strong momentum” in the UK and Ireland. However, shares in Just Eat fell on Wednesday morning, with experts suggesting this was due to no share buyback. The food delivery giant reported fewer transactions over the past year. It revealed that gross transaction value (GTV) fell […]

Updated: Feb 28, 2024
Millennials to become ‘richest generation in history’ in ‘enormous’ wealth transfer | Personal Finance | Finance

Millennials are set to become the richest generation in history, a new report has shown – although not for several decades. It comes as a result of the over £2.5 trillion held in property by previous generations will be passed onto after death. The huge transfer of wealth could mean that for many millennials, the […]

Updated: Feb 28, 2024