247 results for "UK inflation"

As many struggle with the rising costs of living, Brits are being reminded to ensure they are receiving all the financial assistance they are qualified for to. This year, DWP benefits increased...

Over 12million retirees are expected to see their income rise by 4.5% starting April 2025. They were previously hoping to get 5.7%, however, those hopes have rapidly been crushed as...

Recently released figures show that the expected £655 pay rise in April 2025 is unlikely to happen. Instead, people can now expect £11.50 less per month than originally anticipated. Under...

There’s been a persisting inflation over the last couple of years such that many people in the UK are struggling with payments, afford basic requirements and have a roof over...

According to the latest figures issued the Office for National Statistics (ONS) on Tuesday, average regular earnings growth decreased by to 4.5% (with bonuses) in the three months leading to June. This...

Starting from October 21, 2024, a new disability benefit will be introduced in Scotland to replace the Attendance Allowance for people over State Pension age. The benefit will first become...

Individuals born in these specific years are set to experience a 12-month delay in receiving their state pension due to policy changes. State Pension Changes May Affect Individuals Born in...

After the Winter Fuel Payment was abolished, British Pensioners who receive the state pension have become more concerned about getting the most from the Department for Work and Pensions. This...

BBC TV licence holders have been told that they might be entitled to a free licence or a 50% reduction if they meet certain requirements This adjustment can help many...

Inflation has been on the rise in recent years, with cost of living crisis that has made prices to go up, which have burdened millions of households from payment of bills...

A recent survey conducted by Just Group, which is a specialist in the later life, on 1,050 retired and semi-retired individuals has revealed that there is a significant lack of...

According to the latest statistics from the Department for Work and Pensions (DWP), State Pension currently provides regular financial help for 12.7 million seniors across the country, including more than...

Millions of employees are set to receive an important increase in their wages under the Labour government. The party has rolled out plans to revamp the minimum wage, providing a major...

Following the Labour Party's victory in the general election on 4 July, millions of older people in the UK can expect the triple lock policy, which guarantees safe payments of...

Starting April 2025, state pension claimants could see a significant boost, with an increase of up to around £937, as Triple Lock's recent projections suggest. Final figures will be confirmed...

Over one million state pensioners can expect to get a series of additional payments amounting to £368.75 later this year. State Pensioners Can Expect Up to £368 to Hit Their...

Reaching State pension age does not automatically initiate payments; pensioners must actively apply for their pension. Indeed, some people prefer to defer payment of their pension while continuing to work....

The number of people who pay the top rate of income tax in the UK, set at 45%, is expected to surpass 1 million for the first time this year....

July will be a month of major changes in your pocket, with Ofgem lowering its price cap as well as new rules by some of the biggest high street banks....

The UK's general election is right around the corner, with all the major parties unveiling their plans to manage the persistent cost of living crisis. Cost of Living Payments and...

More than one million Scottish residents over the State Pension age will be able to receive two new devolved benefits beginning before the end of the year. Scottish Government Introduces...

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...

Seven major money and Department for Work and Pensions (DWP) adjustments will take effect in July. The upcoming month will bring updates to everything from energy bills to benefits, which...

Under the Triple Lock program, around 9.7 million pensioners receiving the Basic State Pension could see their weekly benefits increase by up to £40 per month. If the Conservatives and...

Prime Minister Rishi Sunak's aspirations for a pre-election cut in the Bank of England's base rate are in danger of being dashed on Thursday. On Thursday, the Bank's Monetary Policy...

The Department for Work and Pensions (DWP) has been urged to increase the support it provides to carers following criticism that current payments are insufficient to cover costs. DWP's Carer's...

People born in certain years are set to see a significant increase in their state pension from the Department of Work and Pensions (DWP), amounting to more than £600 a year. ...

According to the most recent estimates, everyone receiving the State Pension will get an additional £605 each year through the Triple Lock scheme. State Pension Set for £605 Boost as...

Thousands of Universal Credit claimants are starting to see a £470 rise in their accounts. Some will begin to receive the extra pay today, with four more critical dates remaining...

Rishi Sunak asserted that under a Labour government, state pensioners would be taxed ‘for the first time in history’ during Tuesday night's televised election debate. Sunak made his remarks based...

The Conservatives are aiming to secure the support of older voters ahead of the next election by introducing a new ‘triple lock plus’ policy to boost pensioner incomes. The new...

More than one million individuals over State Pension are set to get a series of one-off payments worth nearly £370 before the end of this year by the Scottish Government...

Under a new Tory Party plan, state pensioners will notice an extra £100 in their bank accounts, and that's "just the start." State Pensioners Set to Receive £100 Boost Under...

On Monday, UK Prime Minister Rishi Sunak announced a tax cut plan for millions of pensioners, thereby raising the importance of the elderly electorate in the forthcoming elections in July....

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...

Millions of people are finding it increasingly difficult to pay their bills, buy essentials or even maintain a secure home unless they rely on state benefits, as the cost of...

An online petition with over 59,500 signatures has been started to demand a weekly State Pension payout of around £550 to bring it into compliance with the National Living Wage....

Starting today, a significant boost awaits millions of households enrolled in Universal Credit, promising increased financial support each month. Universal Credit Payment Increase: What You Need to Know On 9...

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...

As investors grow increasingly confident that the Bank of England will start cutting rates by the summer, overtaking the US equivalent, they have increased their bets against sterling. According to...

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...

Eight money and cost of living adjustments that will affect bank accounts. New changes go into effect this month, affecting Department for Work and Pensions (DWP) claimants, Universal Credit beneficiaries,...

As of 2024, the UK's mortgage payments had risen by a staggering 60% compared to 2021, giving a clear idea of the financial pressure homeowners are under. This significant jump...

British universities find themselves in a paradoxical situation of axing hundreds of teaching positions and simultaneously hiring 'Woke'' Assistants with high salaries, some as high as £100,000. UK Universities in...

Recent statistics suggest that many pensioners may have been overtaxed on their pension withdrawals. Claimants are being encouraged to check whether they are entitled to a tax refund from HM...

The UK Government's recent decision to freeze income thresholds could result in unexpected tax liabilities for around 127,680 married couples in the 2024-25 tax year. This is due to the...

Ministers have been advised that private sector workers and businesses must contribute more to their pensions to avoid a retirement crisis. Urgent Reforms Needed to Bolster Pension Contributions According to...

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...

Hundreds of motorists have revealed that they were aware that significant changes had been made to car tax fees, which will affect practically all petrol and diesel owners. Car Tax...

Universal Credit claimants with children have been alerted to the potential for childcare support worth up to £1,739 per month. This is part of the UK Government's initiative to help...