Because of a strict DWP rule, thousands of state pensioners may miss out on a crucial benefit that could help them qualify for the winter fuel payment.
Sir Keir Starmer said the Budget will focus on making life better for people, fixing the NHS, and "rebuilding Britain," with plans to invest in schools, housing, and transport.
As part of a significant transition to Universal Credit, the Department for Work and Pensions (DWP) is gradually eliminating some out-of-date benefits; however, this will not impact all welfare payments.
Labour's budget plans may significantly impact retirees, from cuts to winter fuel payments to potential pension reforms including means-testing, inheritance tax changes, and stricter pension access rules.
Bank customers could face a £100 charge starting today as new fraud rules come into effect. This change aims to create a safety net for those tricked into sending money…
The pound dropped sharply after the Bank of England's governor signalled the possibility of more aggressive interest rate cuts if inflation continues to cool, amidst concerns over the Middle East…
The FTSE 100 danced tantalizingly close to its all-time record on Friday, soaring above the 8,400 mark before losing momentum and closing the day slightly in the red. The London...
UK shop prices fell slightly between May and June. Yes, they fell, but not by much compared to last year. This trend seems to indicate that the next government may...
eToro, the Israel-founded social trading and multi-asset investment company who have since expanded their operations to London, is now targeting an IPO in New York with a valuation of over...
The value of gold has surged to a new record high as investors seek refuge in safer assets amidst looming worldwide economic instabilities and geopolitical tensions. Record-Breaking Surge in LBMA...
Apple faces a substantial setback as its market value plunges by over $78 billion (£61bn), responding to a €1.8bn (£1.6bn) fine imposed by the European Union. Apple Faces Market Turbulence...
In a significant market development, UK shares witnessed a substantial rise, driven by the robust performance of energy and mining stocks. The notable surge in these sectors can be attributed...
Chinese electric car brands are steering towards the UK, launching low-cost, long-range electric vehicles that pose a challenge to local manufacturers. With competitive pricing and advanced technology, these Chinese electric...
In a stunning feat, Nvidia has entered the elite $2 trillion market value club, marking a historic milestone. This achievement comes hot on the heels of the chipmaker's stellar earnings...
As the UK enters its first recession in 11 years, gold's safe-haven appeal is attracting attention from investors. As the economy slows and markets become more volatile, they are looking...
On Thursday, amidst the disheartening revelation that the UK economy slipped into a recession in the latter half of 2023, London's financial markets, including the FTSE, and the pound demonstrated...
In a notable development directly impacting the London stock market, a senior executive at the Nasdaq stock exchange in New York has issued a direct warning to London's financial leaders....
American Airlines exceeded expectations in the final quarter of 2023, posting a profit of $19 million, surpassing estimates on both revenue and net earnings. This strong financial performance signals a...
The global data center dielectric fluid market, valued at $76.71 million in 2023, is projected to experience significant growth by 2028. This growth is attributed to factors such as rising...
In a surprising move, Pan Gongsheng, the Governor of the People's Bank of China, announced that the country is planning to reduce the reserve requirement bank ratio in early February...
In the early trading hours of Tuesday, US stock market futures remained stable as investors anticipated new signals regarding market sentiment following Monday's recent gains. US Stock Stability, Sector Changes...
In 2024, UK household incomes are expected to improve significantly, marking a potential "turning point" for the nation's stable economy. This positive outlook is driven by anticipated interest rate cuts,...
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Because of a strict DWP rule, thousands of state pensioners may miss out on a crucial benefit that could help them qualify for the winter fuel payment.
The Department for Work and Pensions (DWP) has announced an update on proposed changes to the review period and criteria for Personal Independence Payment (PIP) under the new Labour government.
This week, millions of pensioners await crucial CPI figures to determine their State Pension increases for 2025/26, which may significantly impact their finances.
This week, millions of pensioners await crucial CPI figures to determine their State Pension increases for 2025/26, which may significantly impact their finances.
New evidence indicates that a new group of state pensioners appear to have errors on their state pension and could claim up to £12,400 worth of back payments.
First-time buyers and those with smaller deposits are beginning to feel the effects of recent mortgage rate reductions as competition among lenders intensifies. Major players such as Nationwide and Clydesdale...
In the aftermath of a recent interest rate cut by the Bank of England (BOE), more mortgage offers with interest rates under 4% are becoming commonplace, which can be nothing...
The Bank of England has reported a significant increase in mortgage approvals for home buyers, reaching the highest level since the mini-budget delivered under former Prime Minister Liz Truss. In...
The 2024 rise in the amount of households wanting to fix their mortgage rate for just a couple of years is an indication of the fact that homeowners are hopeful...
Mortgage and savings rates have been fluctuating in recent months, despite the Bank of England's base rate remaining steady, according to a financial information website. The research was presented as...
UK households can benefit this winter from the Child Winter Heating Payment, which now ranges from £251 to £502 per child. Eligible households will automatically receive a £58 payment in…
State pensioners are warned to unplug devices that use electricity while on standby to save on rising energy bills, especially with the £300 Winter Fuel Payment cut.
The Department for Work and Pensions (DWP) is set to release a new White Paper this Autumn aiming to boost employment by getting more unemployed and long-term sick people back into...
According to a new DWP report, Universal Credit claimants who are part of the Department for Work and Pensions' Intensive Work Search scheme can increase their earnings by almost £100 more over...
Proposed changes to driving regulations may soon prohibit new motorists in the UK from carrying passengers during their initial months behind the wheel.
Drivers might need to retake tests every three years to keep their licences. This change is meant to make sure all drivers, especially older ones, are still safe and skilled…
UK motorists are being warned about the upcoming driving law changes taking place this October. Key updates include parking, medical licences, budget changes, and more.
The UK is considering a new 15p per mile pay-per-mile car tax that could significantly impact older drivers, particularly those aged 70 and over, who might pay around £249 annually.
Drivers planning long-distance trips may encounter higher expenses under the new pay-per-mile tax scheme, which is expected to significantly increase travel costs.