Press Releases
DWP bank checks timetable revealed – when new crackdown will start | Personal Finance | Finance

The Department for Work and Pensions (DWP) has announced when new bank checks on benefit claimants will start. In the year 2022/2023, a staggering £8.3 billion was lost to fraud and error in the welfare system, mostly due to fraudulent claims. The DWP revealed it had paid out £894 million to Universal Credit recipients who […]

Updated: Feb 25, 2024
State Pension warning as Brits urged not to miss out on crucial £299 cash boost | Politics | News

As Minister for Pensions, it’s my mission to make sure pensioners are tapping into every bit of support available to them. This Government has shown with action – not just words – that it is committed to delivering for pensioners. Maintaining our Triple Lock promise, we gave the State Pension its largest ever cash increase […]

Updated: Feb 25, 2024
Gibson Garage London opens guitar wonderland | City & Business | Finance

Rock royalty has come to London with Gibson, the iconic global instrument brand that has opened its first overseas store just a step away from Oxford Street. Shaping sounds and music genres across the generations, the Nashville company has become one of the most relevant, inspiring dazzling performances throughout the world. Striking the opening chords for Gibson […]

Updated: Feb 24, 2024
Martin Lewis explains how much less you’ll pay for energy after Ofgem price drop | Personal Finance | Finance

Martin Lewis has shared a simple way to save more money even with the new Ofgem energy price cap. From April, the price cap will decrease by 12.3 percent. This means that for an average household using both gas and electricity and paying by direct debit, their yearly bill will drop from £1,928 to £1,690. […]

Updated: Feb 24, 2024
China to unleash an armada of container ships on the UK – and it’s going to sink us | Personal Finance | Finance

Inflation has cast a dark shadow over the UK for more than two years. The cost-of-living crisis has been the worst in memory, leaving millions facing a stark choice between heating their homes, and feeding themselves. Runaway double-digit inflation has forced the Bank of England to drive up interest rates, hammering millions of homeowners as […]

Updated: Feb 24, 2024
Energy bills: Government launches new package of measures to help ‘slash’ costs | Personal Finance | Finance

The Government is launching a new package of measures to help families save on energy costs and access cheaper deals. This follows recent figures that prices are set to fall to their lowest level since the start of the energy crisis two years ago. Energy regulator Ofgem confirmed the price cap – the maximum amount […]

Updated: Feb 24, 2024
DWP confirms new PIP, DLA and Attendance Allowance rates from April 2024 | Personal Finance | Finance

The Department for Work and Pensions has confirmed the new rates for disability benefits from April 2024. The uplift, announced in last November’s autumn statement, is in line with the September consumer price index (CPI) inflation figure. This means that many vulnerable households on benefits such as Personal Independence Payments (PIP), Disability Living Allowance (DLA), […]

Updated: Feb 24, 2024
Former HMRC inspector sets out new policy that could replace inheritance tax | Personal Finance | Finance

A former HMRC tax inspector has set out a new levy that could replace inheritance tax. Stefan Fielding, tax director at accounting firm Sapphire, said the “divisive” tax could be reformed or scrapped over the coming years, with the potential for changes to the policy in the upcoming Spring Budget. He said one alternative to […]

Updated: Feb 24, 2024
Jeremy Hunt urged to reform ‘unfair stealth tax’ that hits struggling families in budget | Personal Finance | Finance

Chancellor Jeremy Hunt should use his Spring Budget statement to reform an “unfair” stealth tax that hits working families in the pocket, an expert has said. Chris Campbell, head of Tax at ICAS (Institute of Chartered Accountants of Scotland), said there will likely be tax policy changes as this may be the last fiscal event […]

Updated: Feb 24, 2024
Grandma earns £4,500 a year with unique side hustle after reviving her love of painting | Personal Finance | Finance

A grandma has revived her painting skills to launch a side hustle which is set to earn her £4,500 this year. Helen Ashton, who lives in a village near Bath, runs SCD (Something Completely Different) with Love, painting a range of items, including staircase murals. When she was younger, she studied publicity design and display […]

Updated: Feb 24, 2024