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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 people across Britain are currently claim Personal Independence Payments (PIP), according to the Department for Work and Pensions (DWP), but 11% of them are More...

by admin | Published 7 hours ago
By admin On Friday, May 16th, 2025
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DWP underpaid state pensioners by staggering £450m | Personal Finance | Finance

The benefits office underpaid state pensioners by a staggering £450million in the last tax year, new figures show. The Department for Work and Pensions (DWP) said the largest reason for underpayments stemmed More...

By admin On Wednesday, May 14th, 2025
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Martin Lewis gives refund update as millions could get £1,100 | Personal Finance | Finance

Money expert Martin Lewis has issued an update to potentially millions of Brits who would be owed a more than £1,000 payout. The finance guru advised that more information could be coming in a couple of months. Millions More...

By admin On Tuesday, May 13th, 2025
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Lloyds walks away from Reeves £50bn pensions deal | Personal Finance | Finance

Rachel Reeves has come under pressure after Lloyds Bank’s pension arm, Scottish Widows, refused to back a plan to see £50 billion of workers’ pensions diverted to investment in new businesses and infrastructure. The More...

By admin On Monday, May 12th, 2025
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Oxbury Bank launches new savings account with ‘excellent’ 4.4% interest rate | Personal Finance | Finance

Oxbury Bank earned an “excellent” rating with the launch of a new fixed savings account paying 4.4% interest. The interest rate is fixed for two years, and savers can open an account with a minimum deposit More...

By admin On Sunday, May 11th, 2025
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Donald Trump tariffs could cut UK pensions by 20% | Personal Finance | Finance

UK pensioners may face a staggering 20% cut in their income due to Donald Trump‘s tariffs, the Society of Pension Professionals (SPP) has warned. The imposition of tariffs by the Trump administration is More...

By admin On Saturday, May 10th, 2025
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Retirees paying £2,700 more to keep their lifestyles exactly the same | Personal Finance | Finance

Pensioners are having to pay thousands more every year to keep living the exact same lifestyle they had four years ago. New analysis has highlighted the devastating impact of stealth tax raids like the frozen More...

By admin On Friday, May 9th, 2025
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Cash-strapped homebuyers lifeline with delayed mortgage | Personal Finance | Finance

Skipton Building Society has introduced a new mortgage deal aimed at giving first-time buyers a leg up onto the property ladder by allowing new homeowners to delay mortgage repayments for the initial three months. More...

By admin On Thursday, May 8th, 2025
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Labour explains how it will fulfil £300 energy bills reduction promise | Personal Finance | Finance

Labour has provided fresh details on its plans to cut energy bills by £300 a year by 2030. The Labour Party repeatedly made the pledge during its General Election campaign last year and Prime Minister Keir More...

By admin On Wednesday, May 7th, 2025
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5 household habits that may cost you hundreds of pounds | Personal Finance | Finance

British heatwaves can cause real trouble for Brits trying to save their money, as the temptation to blast any available air conditioning becomes overwhelming. But Jamie Wall, a Personal finance strategist at More...