Category: Finance
State pension ‘smoking gun’ uncovered as ‘hundreds of thousands’ underpaid | Personal Finance | Finance
State pension underpayments have been identified by the Department for Work and Pensions (DWP), with a correction exercise now taking place. The Department plans to…
Millions of Britons on Universal Credit to get £600 of the cost of living payment in 2023 | Personal Finance | Finance
“In fact, recognising the pressures of the rising cost of living, we’re increasing our payments to the most vulnerable to £1,350 in 2023-24, having delivered…
Bank of England warned it will ‘totally crash the economy’ over interest rate decision | City & Business | Finance
The Bank of England will “totally crash the economy” if they continue to keep interest rates at their current levels, an economist warns. On Thursday,…
Global financial crash fears after ‘bloodbath’ of Deutsche Bank shares | City & Business | Finance
Deutsche Bank’s shares have tumbled more than 13 percent while its credit default swaps surged to the highest since they were introduced in 2019. The…
Mortgage: ‘More pain’ as 1.4 million Britons to pay extra £250 with interest rates rise | Personal Finance | Finance
The central bank made the decision yesterday (March 23) to raise the base rate for the 11th time in a row to 4.25 percent. With…
Millions of Britons can avoid broadband bills hike next month – just days remain to act | Personal Finance | Finance
Broadband customers are to be hit by price increases of up to 17.3 percent from the start of next month but millions of Britons could…
Pension warning as women’s savings lag behind men’s by over £90,000 – steps you can take | Personal Finance | Finance
A report looking at the gender wealth gap showed men’s average pension pots were worth more than £90,000 more than women’s. Just 23 percent of…
Cost of living payments: DWP explains ‘clear’ eligibility rule | Personal Finance | Finance
With the UK’s creeping inflation rate squeezing budgets further, the Government’s cost of living payment for lower-income households will be much welcomed when it lands…
Savings: Bank increases interest rate on account to 3.45 percent – ‘rewarding’ customers | Personal Finance | Finance
The bank confirmed changes to its Freedom Savings Account, the RCI Bank E-Volve Saver 14-Day Notice Account and 95-Day Notice Account. This follows recent interest…
Pension: Four key changes happening in April – how you could boost retirement savings | Personal Finance | Finance
Jeremy Hunt’s spring Budget has introduced a raft of changes when it comes to pensions. These alterations are set to kick in from the start…