For Brits aged 66 or over, taxes have crept up over the past four years. The number of pensioners born in or before 1959 who are paying 40 or 45%…
Category: Business
Business
Bloomberg down: Bond sales in chaos after terminal outage | City & Business | Finance
Bloomberg’s terminal for financial professionals has suffered an outage, impacting several government bond sales and customer activity. Traders and market sources have reported issues such as screens going blank, while…
Major credit card company to pay 46 million customers £200m after huge | Personal Finance | Finance
Millions of Brits will be eligible for £70. A Competition Appeal Tribunal has given its final approval on how Mastercard cash should be distributed following a nine-year class action legal…
DWP changes to affect new claimants this year – full list of impacts | Personal Finance | Finance
Universal Credit recipients are set to face a raft of changes in the upcoming months as government policy shifts and benefits overhaul kicks in. A significant number of claimants will…
Martin Lewis urges 800,000 UK households to claim ‘free money’ | Personal Finance | Finance
Money Saving Expert Martin Lewis is urging 800,000 people to claim ‘free money’ as soon as they can. Martin this week returned on his The Martin Lewis Podcast on BBC…
DWP announces fraud and error review of PIP and five other benefits | Personal Finance | Finance
The Department for Work and Pensions (DWP) provides welfare benefits to approximately 23.7 million individuals, including 13 million on the New or Basic State Pension, with many claiming at least…
HMRC could send tax letter to anyone with this type of savings account | Personal Finance | Finance
Customers of banks including Nationwide, NatWest, Lloyds, Halifax, HSBC and Santander may be contacted by HMRC if they have a savings accounts which has been on a fixed rate of…
DWP says many pensioners could be missing out on £700 a year | Personal Finance | Finance
New data from the Department for Work and Pensions (DWP) shows one in 10 Pension Credit claimants are failing to receive their portion of an estimated £100 million due to…
Rachel Reeves’s cash ISA plan ‘will see savers flock to popular tax shelter’ | Personal Finance | Finance
Changes to cash ISAs will force many Brits to re-think their attitude towards investing in UK companies and put their savings into globally-focused personal pension plans instead, an investment adviser…
DWP update on PIP cash boost after spending review | Personal Finance | Finance
New figures have revealed that tens of thousands of benefits claimants are owed more money than they are receiving after failing to report changes in their circumstances. Around 3.7 million…