Rachel Reeves will likely be forced to raise taxes to plug a £51billion black hole in the public finances, a think tank has warned. The National Institute of Economic and…
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Brits to see big pay boost Brits could see big wage boost | Personal Finance | Finance
The National Living Wage is poised for a significant increase next year, with experts forecasting a possible rise of up to 65p per hour for UK workers, from the current…
State pension update as women get huge £81-a-week boost | Personal Finance | Finance
Women retiring today now receive almost as much state pension as men, with new figures showing an unfair gender gap is close to being eliminated. Men still get £1.80 more…
HMRC tax demand letters for savers with £1,000 in current account | Personal Finance | Finance
People with just £1,000 in their current account could trigger themselves a tax demand letter from HMRC if they also have savings. HM Revenue and Customs sends tax bills to…
State pensioners already owe tax on state pension due to little-known ‘97 rule’ | Personal Finance | Finance
Reports that state pensioners will start paying tax on their state pensions have been spreading like wildfire this week, with concerns that the triple lock is set to push the…
Reeves horror as retirees pull billions out of pension pots | Personal Finance | Finance
Brits pulled a record £5billion from their pension pots after Rachel Reeves announced an end to inheritance tax exemptions, figures show. In the first three months of this year, 672,000…
UK households given £500 cost of living supermarket vouchers in August | Personal Finance | Finance
Households across the UK are being offered up to £500 in cost of living vouchers in June to spend on food at supermarkets, energy bills and other essentials. The Household…
HMRC sending £104 into UK bank accounts early in August | Personal Finance | Finance
Families across the UK claiming Child Benefit now get a bit of extra cash each month thanks to new payment rates this year – with some set to receive their…
Thousands to get £290 payment this year – see if you are eligible | Personal Finance | Finance
Thousands of people who receive Carer’s Allowance will get a bonus payment of £293.50 later this year. This extra money is meant to support carers and will be automatically paid…
NS&I Premium Bonds results out for August draw with two £1m winners | Personal Finance | Finance
NS&I has announced the Premium Bonds winners for the August draw including the two £1million jackpot winners. The prize draw takes place at the start of each month with each…