Sir Keir Starmer led Labour Party has swept to victory, had a clear majority to form the next government. Starmer speaking on the ability in the just accomplished electoral stated...
Department for Work and Pensions (DWP) has announced that almost 78% of new Pension Credit claims are now being processed within a target of 50 working days from the date...
The Bank of England is not very optimistic about the French elections. The Bank reckons that the French elections are likely to shake up the world's financial scene and even...
Council tax bills are expected to climb by £600 per year, delivering a cost-of-living shock to millions of households throughout the UK. Council Tax Warning: Funding Crisis Looms for Local...
Starting today, as part of the building society's Fairer Share scheme, announced last month, millions of Nationwide customers will begin receiving a £100 bonus. However, not all customers are entitled...
The Department for Work and Pensions (DWP) has provided a full overview of the eligibility criteria for the recently extended Household Support Fund. The extension, which runs until the end...
The latest figures from mortgage lender Halifax show that during the crucial spring sales period, UK house prices remained unchanged in May, supported by rising wages and a rise in...
According to the most recent Department for Work and Pensions (DWP) estimates, the State Pension provides vital financial support to approximately 12.7 million people in the United Kingdom, including more...
The Housing Benefit is now part of Universal Credit for those of working age, but remains available for those over State Pension age and for specific types of accommodation. Understanding...
One recent study found that half of all Universal Credit recipients lose some of their payments due to automatic deductions implemented by the Department for Work and Pensions (DWP). Claimants...
The housing market has seen a significant increase in the number of homes for sale, reaching its highest level for eight years, according to recent data from Zoopla. This increase...
The DWP announces crucial support for people of State Pension age facing disabilities: eligible individuals may now receive an extra £326 monthly. State Pension Age Individuals Eligible for Additional Benefits...
Welcome to en.Econostrum.info, the economic media platform at the heart of the UK's financial concerns. With an audience of 1.5 million visitors per month, we provide a platform to decipher,...
Several major banks are currently offering customers free payments of up to £885 as part of a drive to attract new customers in the face of increased competition. Nationwide, Lloyds,...
Deciding whether to buy or rent a home remains a hypothetical discussion for most people. Many cannot afford to buy a property or even to leave the family home to...
This June is set to bring an avalanche of financial updates that could affect your personal finances. From new cost of living payments to Universal Credit updates, here's a look...
Nationwide is expected to announce details of a new 'Fairer Share' bonus to its members this week, as reported by This is Money last week. Last year, Britain's largest building...
According to Rightmove UK house prices hit record highs with the average British house price reaching £375,000 in May. Average UK House Prices Reach Record High The average UK house...
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,...
The UK emerged from recession at the beginning of the year thanks to stronger-than-expected growth. According to official statistics, the GDP expanded by 0.6% between January and March—the quickest pace...
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 Bank of England is likely to hold interest rates at 5.25% for the sixth time in a row on Thursday. The move comes as inflation, which tracks price increases...
Chancellor Jeremy Hunt's government recently made an announcement that should bring much-needed relief to thousands of struggling households across the UK. A £421 million support programme, Household Support Fund, is...
Barclays and British Gas have extended their partnership to provide a significant discount on home energy efficiency checks. Customers of Barclays can now get an energy check from British Gas...
Housing costs, both rental and ownership, have soared in recent years. This surge in housing costs raises the question of what kind of help the government can provide. So, If...
Nearly 300,000 households are missing out on £1.2 billion in rental support. According to a new Policy in Practice study, hundreds of thousands of senior citizens are entitled for about...
The Bank of England is facing increasing Tory pressure for interest rate reduction ahead of the scheduled May rate-setting meeting, driving economists to caution that politicians should not interfere with...
NatWest Bank is moving swiftly to increase the monthly fees associated with several of its packaged bank accounts. Customers will potentially have to pay an extra £60 a year. New...
The former head of the civil service believes that public sector pensions should be reduced to help fund pay increases. Public Sector Pension Concerns Exacerbated by Workplace Morale Crisis Lord...
Larger property has pushed asking prices to near record levels in April, following data that suggests the UK housing market is still recovering despite the recent volatility in mortgage rates....
Building society revisions proposed by a Sunderland MP are anticipated to help more first-time homebuyers get on the property ladder. First-Time Homebuyers Set to Benefit as Building Societies Act Amendment...
The average UK house price declined by 0.2% in the year leading up to February down from 1.3% in the year leading up to January. Diverging UK House Price Trends...
UK rental prices soared at a record rate of 9.2% over the past month, while house prices stagnated, with London suffering the most. As well, rising borrowing costs continued to...
The governor of the Bank of England has indicated that the UK is still on track for an interest rate cut, as official numbers show a further slowing in the...
Britain's rental market has seen a rise in the cost of new tenancies in recent years, a trend that is set to continue, according to the Resolution Foundation. The think...
More than a million British households are missing an opportunity to claim the £65 weekly payment, reveals the Department for Work and Pensions (DWP). Older pensioners may be under the...
Halifax, a leading UK lender, reported that UK housing prices fell in March for the first time in six months, which surprised analysts and added to the indications of irregularity...
According to the Institute for Fiscal Studies, more than half a million of UK pensioners will face paying income tax for the first time this week. Tax Burden on UK...
According to Nationwide building society, UK house prices dropped for the first time in three months as high mortgages continue to impact the market. UK House Prices Dip for First...
The Bank of England will soon cut interest rates to 3% in a move to support mortgage borrowers as inflation declines sharply, according to senior economists from KPMG. The Bank...
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....
According to a campaign group, more than 6.7 million people in the UK are in financial difficulty as the cost of living pushes more families into debt. Rising Insolvency Rates...
House asking prices have surged by more than £5000 in March as the mortgage market recovery uplifts sellers' confidence in property values. House Asking Prices Surge, but Buyers are Still...
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 house prices are now stable, but surveyors have cautioned that although more sellers are putting their properties on the market, the stance remains vigilant due to the continuous uncertainty...
According to the latest data from Halifax, UK house prices have experienced a 1.7% annual surge, bringing the average cost of a UK house remarkably close to the peak recorded...
The Office for Budget Responsibility (OBR) anticipates a notable economic development as inflation is projected to dip below the government's 2% target in the coming months. OBR Forecasts Inflation Dip...
In February, the combination of wet weather and persistent cost of living challenges significantly dampened retail sales, leading to a meagre growth rate of just 1%. Many households opted to...
Recent research highlights a surge in rents in commuter towns, driven by the increasing unaffordability of urban areas. As cities grapple with a growing affordability crisis, tenants are turning to...
