91 results for "cost-of-living"

Poverty-striken households in the UK are set to receive a lifeline in the form of £80 cost of living payments starting next month, as part of the Government's Household Support...

Nationwide has "doubled" an essential customer benefit as part of a substantial cost-of-living increase. Nationwide, the UK's largest building society, which competes with Lloyds, HSBC UK, Santander, NatWest, and others,...

Supermarkets and other gas dealers have been charged with inflating their profit margins and pushing up UK fuel price to new highs. UK Fuel Price Crisis: RAC Calls for Government...

The Cornwall council has received an additional £4.5 million as part of the government's free initiative to support struggling UK households. Each council receives a varied amount of funds based...

Under substantial government changes, the Department for Work and Pensions (DWP) is implementing a massive overhaul of the welfare system, warning nearly half a million people receiving Personal Independence Payments...

UK energy company British Gas has announced an "innovative" new scheme under which it will match payments made by customers to clear energy bill arrears. This scheme aims to help...

The next government will be required to hit voters with post-election tax increases and delay net-zero investment unless it is willing to scrap Treasury guidelines for managing public finances, according...

Borrowers expecting costs to come down will have to wait longer, as Bank of England governors are poised to wait for more compelling indications that the cost-of-living crisis has eased....

Following Labour MP Navendu Mishra's question about whether an assessment of the “average financial impact per claimant of the discontinuation of Disability Cost of Living Payments” had been made, the...

NHS prescription prices in the UK rose by 2.59% on May 1, marking a dark day for individuals in need of medication. Many are blasting the rise in prices to...

Millions of non-benefit claimants are noticing an additional £57 in their account balances. This is due to reductions in National Insurance, the tax paid by working people, which allows households...

The UK government has decided to provide a major boost to households facing rising living costs in the face of mounting financial pressures. The Household Support Fund, a collaborative initiative...

Amidst the renewal season for tax credits, HMRC has issued a crucial warning to 730,000 claimants. Those receiving Working Tax Credit and or Child Tax Credit will start receiving renewal...

UK households will soon receive four Cost of Living payments as part of a major Cost of Living boost dedicated to the most impoverished families amid the critical financial period...

Social Security Scotland encourages eligible young caregivers to apply for the yearly Young Carer Grant, which is now valued £383.75 during the fiscal year 2024/25. Since its inception in 2019, the...

A large number of households are being notified about big changes to their benefits. People who receive income-related Employment Support Allowance (ESA) will be transferred to Universal Credit by April...

UK train operators are headed for turmoil as a long-running pay dispute has turned into a series of strikes. This latest development, announced by the ASLEF union, sees train drivers...

The Department for Work and Pensions (DWP) has set out to provide financial relief to senior citizens who are facing an escalating cost of living. The scheme, which is aimed...

Are you aware that the Department for Work and Pensions (DWP) carries out frequent assessments of benefit claimants? The assessments enable the DWP to identify people who may be retrospectively...

According to new UK government welfare reform proposals, more than one million people with mental health disorders might lose Personal Independence Payments (PIP) worth up to £737.20 every four weeks...

Prime Minister Rishi Sunak is likely to announce a new crackdown on DWP benefits claimants later today, following a post-pandemic spike in people being ruled unfit to work, with the NHS...

When payday is due, millions of Universal Credit recipients will be pleasantly surprised to see an extra £470 in their pockets. This windfall follows closely on the heels of April's...

Britain's retail sales sector is showing promising signs of recovery after a period of weak growth and economic uncertainty. Since hitting a two-year low in February, UK retail sales picked...

Despite the UK government's recent implementation of the largest cash boost to the minimum wage in over a decade, a sobering reality persists as millions of UK workers across the...

Millions of UK workers could see a boost in their bank accounts starting April 7, as the UK's lowest-paid workers receive a salary increase, resulting in an additional £160 for...

The Department for Work and Pensions (DWP) is poised to implement a significant increase in state pension rates. UK pensioners are set to receive a substantial increase in state pension...

Middle and high-income households in the UK are heading towards the worst ever era of declining living standards since the 1960s, the Institute of Fiscal Studies has warned. Middle and...

The recent borrowing figures of the UK government have been a surprise to many. The nation's finances seem to be under more strain than anticipated, with a reported borrowing of...

UK inflation dropped to 3.4% in February, the lowest rate for two and a half years, as the annual pace of price hikes started to slow after surging in January....

The British public's estimates for the rate of inflation over the next year have declined in the previous three months, according to a Bank of England survey released on Friday,...

UK Chancellor Jeremy Hunt's Budget 2024 announcement may have left you wondering about the impact on your finances. Substantial changes are on the horizon, with key measures on tax, benefits,...

Commuters in England and Wales brace themselves for a notable change in their daily expenses, with rail fares set to increase by 4.9% starting this Sunday. This rise in train...

UK food price inflation reached its lowest rate in two years due to declining energy costs and intensified competition among supermarkets, providing relief for households amidst stretched budgets. Moderate Food...

The UK's economy, rebounding from a recent recession, exhibits resilience with robust growth in services firms. Despite a surge in business optimism, inflation concerns, heightened by the recent recession, raise...

Recent reports highlight that high housing prices and insecure jobs in Britain are causing UK middle class households to grapple with financial struggles in their journey to maintain decent living...

Rishi Sunak's vow to foster economic growth hits a dissonant note as the UK unexpectedly plunges into recession. Shadow chancellor Rachel Reeves asserts that Sunak's commitment lies in tatters, painting...

Despite recent efforts to stabilize inflation, complaints persist among UK households as they continue to feel the impact of rising prices. The Consumer Prices Index (CPI), which peaked in 2022,...

As of today, households are set to receive the third instalment of the £299 cost of living payments, marking the completion of the three-part support package initiated in autumn 2021....

Rising energy and grocery bills are placing significant financial strain on pensioners, emphasizing the urgency of bolstering retirement savings. Amidst escalating living costs, pensioners find themselves grappling with the necessity...

Starting this Tuesday, a crucial support measure will benefit eight million households dependent on means-tested benefits. This final installment of the cost-of-living boost aims to alleviate the strain caused by...

Amidst the backdrop of escalating inflation and interest rates, UK businesses find themselves grappling with the second-highest level of financial distress across Europe. Insights into UK and European Business Sector...