Hundreds of thousands of pensioners could pocket an extra £299 if they claim Pension Credit in the next seven days. Those who successfully apply for Pension Credit by March 5 could secure the additional £299 boost in the form of a Cost of Living payment thanks to backdating rules. Pension Credit, which averages over £3,900 […]
Scotland’s Gross Domestic Product (GDP) fell by double the rate of the UK overall in the final three months of last year, according to official data. However, Scotland has dodged a recession, even with the economy shrinking by 0.6 percent from October to December. The UK’s GDP dropped by 0.3 percent during the same period, […]
Taylor Wimpey, a major housebuilder, has reported a significant drop in annual profits and plans to build fewer homes this year. However, they have also noted early signs of recovery in the housing market. The company’s underlying pre-tax profits fell by 48 percent to £473.8 million in 2023, with revenues dropping by over a fifth […]
A new exhibition called ‘The Future of Money’ is set to open at the Bank of England Museum in London this Wednesday. Visitors will get a sneak peek at the new banknotes featuring King Charles, which will be available in £5, £10, £20 and £50 denominations before they officially enter circulation on June 5, 2024. […]
It all came crashing down when the dot-com tech stock bubble burst in March 2000, while the 9/11 terror attacks, financial crisis, pandemic and inflation shock have all taken their toll on British shares since then. It took almost 19 years for the FTSE 100 to recapture its millennium high, which it did in 2018. […]
Local councils are sitting on millions of pounds worth of living cost support, and there’s only a limited time left for people to claim it. The Household Support Fund is targeted at the most vulnerable households and is typically used to help them with the cost of essentials like groceries, toiletries, and warm clothes, as […]
Andrew Neil has hit out at the Government’s potential Spring Budget tax cuts as the country still faces the highest rates seen since World War Two. Posting on social media platform X, the veteran broadcaster perused the two primary proposed tax cuts, including a one percent reduction in employee National Insurance (NI) and an extension […]
An average earner faces a £1,533 annual shortfall as rising costs outstrip average wage rises, new research shows. Between April 2022 and January 2024, the pre-tax median salary for a full-time worker increased by £3,380, according to ONS figures. Meanwhile, mortgage costs increased £3,336 for someone who bought an average-priced house in 2022, assuming a […]
Campaigners from Women Against Statement Pension Inequality (WASPI) have highlighted who could benefit from possible compensation over State Pension age changes. WASPI fights for millions of women who said their retirement plans, finances and health were disrupted due to sudden increases in their pension age without proper notice. The Parliamentary and Health Service Ombudsman is […]
Income tax predictions for spring budget – check what statement could mean for you (Image: Getty) As the Spring Budget announcement for the next fiscal year draws nearer, tax cuts “appear likely” in a last bid to win over voters for the upcoming General Election. But with little room for giveaways, Chancellor Jeremy Hunt may […]
