Economy

Household Building Costs Soar 19% in Last Quarter—The Hidden Factor Behind Skyrocketing Prices

The cost of home building has skyrocketed, with some projects seeing price hikes of up to 25%. A trusted platform reveals surprising insights into the least reliable trades and a…

Construction Cost And Some British Coin

UK Economy Slows to Just 0.1% Growth in Q3 Amid Mounting Challenges

The UK economy has hit a rough patch as growth slows to unexpected levels, raising concerns about its resilience in a challenging global environment. With some sectors stagnating and others…

Bank of England

Bigger Isn’t Always Better: Are Britain’s Pension ‘Megafunds’ a Dangerous Bet?

Following Chancellor Rachel Reeves‘ speech announcing plans for massive 'Megafunds' to stimulate growth in the UK, questions are being asked: could this ambitious pension reform jeopardise retirement savings?

Chancellor Reeves Introduced The Concept Of 'megafunds'

UK Government Launches Pension Megafunds to Boost Economic Growth and Infrastructure

The UK government is set to launch 'pension megafunds' to drive economic growth and support local infrastructure investment. This reform will consolidate pension assets into larger funds, expected to generate…

Hands Holding A Collection Of British Banknotes, Including £50, £20 And £10 Notes

Rising Food Price Inflation Doesn’t Deter UK Consumers as Supermarket Visits Hit Record Levels

In October, despite rising grocery prices Inflation, UK households continued shopping at record levels, pushing supermarket sales to a new high.

UK Food Price Inflation

UK National Lottery Draw: Lotto Winning Numbers for Tonight’s £5.2M Prize – Nov 6

Tonight’s UK Lotto draw could change your life, with a £5.2 million jackpot up for grabs. Make sure to verify your numbers and discover if you’ve hit the jackpot.

National Lottery Lotto Tickets With British Pounds

DWP May Owe Women in These 5 Categories Thousands of Pounds in Missed Payments

The Department for Work and Pensions (DWP) has carried out a full review of state pensions, and some women's groups could face claims for thousands of pounds.

DWP Payments

DWP Urges Pensioners to Apply Now for a £4,000 Boost to Their State Pension

The Department for Work and Pensions (DWP) is urgently reminding state pensioners to claim Pension Credit to potentially increase their state pension.

1 Department For Work And Pensions Dwp Nameplate

DWP to Stop ESA Early and Transfer 1.6 Million People to Universal Credit

The Department for Work and Pensions (DWP) intends to abolish the earnings-related Employment and Support Allowance (ESA) two years ahead of schedule, with the announcement of a major policy change.

Document From UK's Dwp

New Rates for PIP, ADP, and DLA Offer Up to £749 a Month from April 2025

In the UK, people receiving Disability Living Allowance (DLA), Adult Disability Allowance (ADP) or Personal Independence Payment (PIP) could see their monthly income increase from April 2025.

Dwp Pip Claimants

Cost of Living Crisis: DWP to Increase 14 Benefits, Including Universal Credit, but Freezes 6 Others

The Department for Work and Pensions (DWP) has published a budget that includes many increases to Universal Credit in an effort to give more financial support in the face of…

Universal Credit Document And Some British Coin

Million of UK Workers Set for £1,100 Pay Boost in Chancellor’s Budget Plan

The Chancellor's announcement is expected in Wednesday's Budget, based on recommendations from the Low Pay Commission.

Pay Boost In Chancellor's Budget Plan

Rachel Reeves to Announce a £20bn Tax Bombshell Set to Rock British Business

Chancellor Rachel Reeves plans to raise £20bn through employer National Insurance hikes, marking Labour's first major tax reform since taking office.

Rachel Reeves To Announce A £20bn Tax Bombshell

EuroMillions Results: Winning Numbers of Tonight’s £63 Million Jackpot – October 25

Be sure to check out the EuroMillions draw this Friday 25 October 2024, as it features an enticing £63 million jackpot prize.

A Man Checking The Boxes Of A Euromillions Ticket

Contracted Out of the Additional State Pension? Here’s What You Need to Know

How does contracting out your additional state pension affect your retirement benefits, and what should you look out for?

A Document With The Words State Pension Prominently Circled In Red

Direct Bank Payments of £100s Await Struggling Households – Find Out If You Qualify!

Local councils are stepping up to help households in need this winter by offering various forms of financial assistance.

Direct Bank Payments Of £100s Await Struggling Households

DWP Granted Authority to Take Money from Bank Accounts in Fraud Fight

The UK government has armed the DWP with new powers to directly deduct funds from bank accounts in a move to tackle growing benefit fraud concerns.

DWP nameplate

Potential Changes to National Insurance Could See Bosses ‘Refuse’ Pension Raises

British households could face cuts in their pension contributions while increases in national insurance are being considered, which is causing great concern among analysts.

Concerned Employees Over National Insurance Risa

UK Firms Warn National Insurance Hike Could Jeopardise Jobs and Wage Growth

UK employers are concerned that higher national insurance could make it harder to hire and raise wages, affecting pubs and restaurants.

Business Owner Talking To His Employee At A Bar

Rachel Reeves Claimed £1,225 in Taxpayer Money for Accountancy Fees

Chancellor Rachel Reeves faces criticism for claiming £1,225 in expenses for tax return help, reigniting debate over MPs' taxpayer-funded privileges.

Tax - Chancellor Rachel Reeves

Sir Keir Starmer Pledges Budget to Raise Living Standards and Rebuild Britain

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.

Sir Keir Starmer

DWP Update on the Future of PIP, Pension Credit, and Carer’s Allowance

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.

Document From UK's Dwp

UK Economy Rebounds, Offering Boost to Rachel Reeves Ahead of Budget

The UK economy grew by 0.2% in August; however, concerns remain as the budget approaches on October 30.

National Flag of the United Kingdom with Two Pound Coins and A Yellow Upward Line Graph, Symbolising UK Economy Growth

Winter Fuel Payment Letters to Reach State Pensioners Starting on This Date

State pensioners will soon get letters from the DWP confirming their eligibility for the Winter Fuel Payment.

A Letter From The Department For Work And Pensions About Winter Fuel Payment

Pension Reform Plans: What Rachel Reeves’ Budget Means for Pensioners

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.

Uk Pension Reform Plans

London Business Leaders Urge for Faster Work Visa Procedures to Boost Growth

Company managers stressed the importance of short-term work visas for London's economy and the need to speed up visa procedures to support growth.

Work Visa Uk

Major Bank Rule Change May Require Customers to Pay £100 Charge Starting Today

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 Exterior Of A Nationwide Building Society Branch

Budget 2024: What Will Rachel Reeves’ Budget Mean for Your Wallet?

Rachel Reeves is due to present Labour's first budget for 15 years on 30 October, which aims to close a £22 billion deficit in public spending.

Budget 2024 Mp Rachel Reeves

Nationwide Customers Receive Alert Offering £75 to All Account Holders

Nationwide, the world's largest building society, has informed its banking customers they could be eligible for a £75 gift.

The Exterior Of A Nationwide Building Society Branch

UK Pound Sinks as BoE Hints at More Aggressive Rate Cuts on the Horizon

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…

Uk Pound Sinking

“No Return to the Single Market,” Says Starmer as UK and EU Seek New Deal

The UK and EU aim to deepen cooperation on economy and security, with Sir Keir Starmer promising to “make Brexit work” through pragmatic leadership.

Sir Keir Starmer & Ursula Von Der Leyen, The President Of The European Commission

Nationwide and Virgin Money Customers Warned by Martin Lewis’ MSE

Martin Lewis and his Money Saving Expert team confirmed that Nationwide has completed its takeover of Virgin Money, with potential changes coming in the future.

The Exterior Of A Nationwide Building Society Branch

Universal Credit Claimants Required to Submit Bank Statements Amid DWP Benefit Reviews

The Department for Work and Pensions (DWP) is requesting Universal Credit claimants to provide additional documents, including bank statements, for benefit reviews.

Universal Credit

Nationwide and Co-op Bank Offer Up to £175 in Switch Bonuses: Here’s How

Earn £150 to £175 by switching to Nationwide or Co-op Bank before Christmas. Get free cash by following easy steps for each account bonus!

Nationwide And Co Op Bank Offer Up To £175 In Switch Bonuses

Important Money and DWP Changes Coming in October You Should Know About

UK households will experience a set of changes in October 2024, which will impact various financial rules and support payments.

Hands Holding A Collection Of British Banknotes, Including £50, £20 And £10 Notes

British Drivers Could Pay £600 More per Year Amid Major Car Tax Changes

British drivers will face higher car taxes from April 2025, including Vehicle Excise Duty for electric vehicles and added costs for luxury models.

Dvla Envelopes Marked "Private & Confidential", With Notices About Vehicle Tax And A Warning, "Tax It Or Lose It"

October Money Changes: Millions of Households Warned to Prepare for Key Dates

A range of financial changes is set to impact millions of households this October, coinciding with the start of winter and the seasonal expenses coming with it.

October Money Changes: Millions of Households Warned to Prepare for Key Dates

Martin Lewis: Santander, Barclays, and Nationwide Customers to Receive Free £175 in Weeks

Money Saving Expert founder Martin Lewis has shared a simple method to get £175 in free cash just in time for the holiday season.

Martin Lewis

ECB Cuts Interest Rates Again, Lowers Eurozone Growth Forecasts

The European Central Bank (ECB) has implemented its second interest rate cut of the year, reducing its main rate to 3.5% from 3.75%. This decision follows a widely expected 25…

Ecb Cuts Interest Rates Again

People Born Before This Date Set to Receive £300 Automatic Payment

This winter, the UK government is set to provide an automatic payment worth £300 to the country’s most impoverished pensioner households to help them with heating costs. Pensioners Born Before…

People Born Before This Date Set To Receive £300 Automatic Payment

New Diesel and Petrol Rule to Cost Drivers £122 Starting in October

A driving expert has warned that the new Labour government’s intention to eliminate fuel duty could have a significant impact on drivers, potentially costing an additional £122 per year. Drivers…

New Diesel and Petrol Rule to Cost Drivers £122 Starting in October

FTSE 100 Fails to Maintain Record High, Ends the Week in the Red

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…

Ftse 100 Fails To Maintain Record High, Ends The Week In The Red

Cost of Living Payments: Benefit and Pension Dates for September 2024

A continuing cost-of-living crisis has gripped the people of the UK, ringing in difficulties in day to day life expenses for millions of families. Whether it’s shopping or even making…

Dwp Pip Back Payments

People Who Have Direct Debit Urged to ‘Cancel It’ Immediately

If you are a bank account holder, it is possible that you are missing out on some serious savings. Finance guru Martin Lewis and his Money Saving Expert team are…

Martin Lewis

UK Under Attack: European Bugs Bring Deadly Diseases to Every Household

Insects, which were previously found only in warm areas such as Mediterranean, are now finding their way to the UK. Government scientists attribute this phenomenon to global warming, which not…

Man In Protective Suit Disinfecting And Spraying Anti Bugs Solution

DWP Issues Important Letter and Urges State Pensioners Not to Ignore It

The Department for Work and Pensions (DWP) has issued an important warning to state pensioners who claim Tax Credit. The individuals concerned will be sent a letter in the post…

DWP to Send Letters to Millions in October Confirming Automatic £150 Payment

Santander Issue Urgent Warning to All Bank Account Holders

Santander has started using deepfakes to warn about the dangers of AI scams, as many people in the UK remain uninformed or confused by this new threat. Rising AI Deepfake…

Santander Issue Urgent Warning to All Bank Account Holders

All UK Residents with £1,000 in Bank Accounts Urged to Move Funds Before Thursday

A savings expert cautions that UK bank account users must act prior to August 1 to receive high interest rates on their investments. Expert Insights on High Savings Rates Ahead…

All UK Residents with £1,000 in Bank Accounts Urged to Move Funds Before Thursday

Chancellor Reeves Announces Major Cuts and Immediate Reforms to Address £20bn Deficit

Immediate financial cuts worth billions of pounds will be announced by Rachel Reeves, the Chancellor, as part of her plan to resolve a £20bn shortage in the national accounts. The…

Chancellor Reeves Announces Major Cuts And Immediate Reforms To Address £20bn Deficit

Labour Government Aims for ‘Fair Pay’ with Minimum Wage Changes Amid Cost of Living Crisis

The UK Labour Government will shortly be announcing a complete restructure of the UK’s minimum wage system, in what amounts to a momentous shift in policy. According to the new…

Labour Government Aims For ‘fair Pay’ With Minimum Wage Changes