Economy

Thousands of Drivers at Risk of Hefty Fines for This Everyday Mistake

Many drivers may be putting themselves at risk of fines and penalty points without even realising it. A recent survey has revealed that thousands of motorists rely on an alternative…

Hands on a Steering Wheel

UK Economy Avoids Recession but Struggles to Gain Momentum

The UK economy narrowly avoided a recession in late 2024, but growth remains fragile. Despite a slight recovery, challenges persist for the year ahead.

Rachel Reeves

Attendance Allowance Increase: Thousands of Pensioners Set to Receive More Support

Millions of pensioners across the UK are set to receive a higher Attendance Allowance payment, with some getting up to £5,740 a year. Meanwhile, Scotland is introducing a major change…

An Elderly Person, Seated In A Wheelchair, Is Being Assisted By A Carer

Nationwide Customers Could Earn Up to £800 – Here’s How

Could you be missing out on £800 for free? Nationwide has just unveiled a new savings offer, and it might be worth a look. Meanwhile, the bank is also sounding…

A Branch Of Nationwide Building Society

State Pensioners Living Abroad Face Frozen Payments Due to Government Policy

State pensioners living abroad are facing a freeze on their payments due to a government policy that halts annual increases for retirees in countries without a social security agreement with…

Pensioners-elderly woman sitting at a table, her expression reflecting a sense of sadness or contemplation

Drivers Who Wear Glasses Risk £1,000 Fine for Ignoring Highway Code Rule

Drivers who need glasses or contact lenses could face a £1,000 fine and three penalty points if they fail to follow a key Highway Code rule. Experts warn that poor…

Female Driver Behind the Wheel Wearing Glasses

Benefit Claimants Set to Receive One-Off Payment Worth £255—Check If You Qualify

The government has confirmed that PIP, ADP, and DLA claimants will receive a one-off payment of £255 later this year to help with winter energy costs. The payment will be…

a hand holding multiple £20 British banknotes

EDF Gives Customers Four Hours of Free Electricity – How to Claim Yours This Valentine’s Day

EDF has launched another special event for its customers this Valentine’s Day, offering four hours of free electricity. This follows the company's successful Christmas giveaway, where customers enjoyed hours of…

EDF valentine

Pensioners Move £7 Billion into Annuities Amid Inheritance Tax Concerns

Fearing upcoming inheritance tax changes, pensioners are shifting £7 billion into annuities, with sales soaring 20% in 2024. Rising annuity rates and tax concerns are pushing retirees to secure guaranteed…

desk setup with financial documentation related to inheritance tax

DWP’s New Sanction Rules: How They Could Impact Your Universal Credit Payments

The Department for Work and Pensions (DWP) has confirmed its updated sanctions framework for Universal Credit claimants, outlining when payments may be reduced. Under the new guidelines, missed appointments and…

DWP Universal Credit

Tax Hikes or Spending Cuts? The Tough Choices Facing Rachel Reeves

The UK’s financial safety net has disappeared, leaving the government with little room to manoeuvre. Leading economists warn that without urgent action, tax increases or spending cuts will be inevitable.…

Rachel reeves tax

Bank of England Urges Caution on Interest Rate Cuts Amid Inflation Risks

Bank of England warns that cutting interest rates too soon could fuel inflation, urging a cautious approach to monetary policy.

Bank of England

UK Economy Avoids Recession, but Growth Remains Weak

While the headline figure will be greeted with some relief in Downing St, the ONS data shows there is little to celebrate, with a measure for growth by head of…

Crowd Of People Likely Heading To Work In London Uk

Cold Weather Payments: Check Your Bank Account for a Possible £25 Boost

Plummeting temperatures across the UK could mean extra financial support for those on certain benefits. The Cold Weather Payment scheme kicks in when conditions hit freezing levels for seven consecutive…

Hands Holding a Collection of British Banknotes and Coins

Whisky Industry Warns UK Government: Tax Hike Slashes Revenue by £300 Million

A £300 million drop in tax revenue has put the UK government’s whisky duty hike under intense scrutiny. Industry leaders argue that rising costs and looming US tariffs could deepen…

Scotland whisky industry

DVSA Introduces New Tests for Drivers—Failing Could Cost You Your Licence

Professional drivers are being given new options to regain their licences after their CPC qualification expires, according to updated DVSA rules. The changes introduce multiple pathways for drivers to return…

UK Driving Licence on a Practical Driving Test Pass Certificate Paper

Trump’s 25% Tariff Threat: UK Refuses to Change Laws for Trade Deal

Donald Trump’s latest trade move has rattled key US allies, with a blanket 25% tariff on steel and aluminium imports set to take effect. The UK, so far spared from…

Donald trump tariff

E.ON Smart Meter Warning: 65,000 Customers Must Act or Face Cut-Offs

Thousands of E.ON customers must take urgent action to upgrade their electricity meters or risk being stuck on expensive peak-time rates. The energy supplier has warned that 65,000 households still…

Smart meter

UK Households to Receive Cost of Living Payments Worth Up to £110 This February

Thousands of UK households are set to receive cost of living payments worth up to £110 this February as part of a government-funded support scheme. The payments are aimed at…

A Document From The Gov.uk Website Titled Guidance Cost Of Living Payment With Some British Coins

State Pensioners Could Receive an Extra £666 – Here’s How

Thousands of state pensioners could be eligible for an extra £666 per year, thanks to a little-known rule that could increase their retirement income. With pensions set to rise again…

Pensioners

DWP to Unveil Health and Disability Benefit Reforms Ahead of Spring Statement

The UK government is preparing to reshape health and disability benefits, with a Green Paper set to launch soon. Public input will play a key role in shaping the final…

Disability Benefit

DWP: Thousands of Pensioners Could Claim Up to £9,940 in Unclaimed Benefits

Many pensioners may not realise they are missing out on significant financial support. With recent changes from the DWP, some could be eligible for thousands of pounds in extra benefits—but…

DWP

Urgent Warning from Martin Lewis: Grandparents Could Be Missing Out on Huge Pension Benefit

Financial expert Martin Lewis has issued advice for grandparents looking to provide long-term financial security for their grandchildren. He highlighted that pensions can be opened for children, with contributions benefiting…

Martin Lewis

DWP to Roll Out Bank Account Checks Targeting Four Key Groups

The DWP is rolling out new bank account checks targeting big businesses, COVID fraudsters, criminal gangs, and individuals committing benefit fraud. The initiative comes as over £9.7 billion in benefits…

DWP

Tesco, Aldi, Asda, and Sainsbury’s Shoppers Given Major Contactless Payment Update

Millions of shoppers at Tesco, Aldi, Asda, Sainsbury’s, and Morrisons could soon see major changes to the way they pay at the checkout. The Financial Conduct Authority (FCA) is considering…

Customer making a Contactless Payment at a Grocery store

Asda, Morrisons, Sainsbury’s, and Tesco Shoppers Warned: £100 Fines Issued Across UK Stores

Shoppers at Asda, Morrisons, Sainsbury’s, and Tesco are being hit with £100 fines at supermarket car parks across the UK. With new parking enforcement measures in place, thousands of drivers…

tesco and asda

Pound Sterling Drops Sharply as Bank of England Cuts Interest Rates

The pound sterling fell sharply after the Bank of England cut interest rates to 4.5%, its lowest in 18 months. While aimed at boosting the UK economy, the move raised…

Stacks of British pound banknotes, including £10 and £5 denominations

Government to Scrap Attendance Allowance in These Council Areas – Will You be Affected?

Thousands of pensioners are set to be affected by a major change to Attendance Allowance, as the government rolls out a new system that will impact payments and administration. While…

Person Holding a Card with Attendance Allowance in Bold and a Red Cancelled Stamp Overlays the Text

Millions of Workers Set for Pay Rise as Minimum Wage Increases in April – Here’s How Much You Could Receive

Millions of UK workers are set for a significant pay rise as the minimum wage increases from April. While full-time employees could see their annual earnings rise by up to…

a hand holding multiple £20 British banknotes

UK Trade and Us Tariffs: Why the British Economy Remains Resilient

The UK's trade resilience is being tested by new US tariffs, but analysts suggest Britain is well-positioned to withstand the impact. With a diversified economy and strategic agreements, the effects…

Usa and Uk Flag

Households in 27 Cities Face £300 Fines for Using Chimneys – Are You Affected?

Households in 27 cities and towns across England could face fines of up to £300 for using their chimneys, with penalties rising to £1,000 for unauthorised fuel use. New enforcement…

Tiled Roof with a Brick Chimney

New MOT Rules Could Force Thousands of Cars Off the Road

New MOT rules set to take effect could bring major changes for vehicle owners, with thousands potentially facing new inspection requirements. While some argue the update is necessary for road…

DVLA

Nearly 500,000 State Pensioners Will Be Excluded from the April Increase – Are You One of Them?

Millions of UK pensioners are set to receive an increase in their state pension this April, but for nearly half a million retirees, payments will remain frozen at the same…

Elderly Couple Reading A State Pension Notice

Trump’s Tariff Threats Put UK Economy in a Tight Spot amid Us-Eu Trade War

As Donald Trump prepares to impose new tariffs, Britain finds itself in an increasingly difficult trade standoff. The US remains a crucial partner, but the EU dominates UK trade volumes.

UK tariffs

UK Prime Minister Joins EU Meeting Since Brexit to Discuss Defence and Security

The UK’s involvement in recent EU discussions marks a shift in diplomatic relations, focusing on shared security concerns. As global challenges grow, the UK’s role in shaping EU defence policy…

UK Prime Minister Keir Starmer

Millions of Nationwide Customers Wake Up to Unexpected Account Deductions

Nationwide has slashed interest rates across multiple savings accounts, leaving millions of customers with lower returns. The move could significantly impact long-term savers, prompting many to consider alternatives. As inflation…

A Branch Of Nationwide Building Society

UK Economy Faces Fresh Struggles as Growth Outlook Downgraded

The UK’s economy is struggling to gain momentum as growth forecasts take another hit. A weaker-than-expected second half of 2024 has led experts to lower their expectations for 2025. With…

UK growth

February Cost of Living Payments: UK Households Can Get Up to £500 – Even If Not on Benefits

Thousands of UK households could receive up to £500 in financial support this month through the Household Support Fund, designed to help with food, energy bills, and essentials. Unlike many…

A Document From The Gov.uk Website Titled Guidance Cost Of Living Payment With Some British Coins

Older Drivers Face Rising Car Tax Bills as Government Scraps Key Exemptions

Older drivers will be hit with higher car tax bills from April 2025, as the government scraps key exemptions and increases Vehicle Excise Duty (VED) rates. Many older motorists, who…

An Older Female Driver

Major Rail Disruptions: South Western Railway Services Suspended on Key Dates in February

Passengers travelling on South Western Railway (SWR) services in February should prepare for significant disruptions, as planned engineering works will affect key routes. Trains will be replaced by bus services,…

Major UK Retailer Announces More Store Closures as High Street Struggles Continue

The UK’s largest outdoor retailer is set to close two more stores, continuing a trend of high street closures. While closing-down sales offer discounts of up to 30%, the affected…

Major Uk Retailer To Shut Stores

DWP Warns Universal Credit Claimants : 19 Key Changes You Must Report

Universal Credit claimants must report specific changes or risk penalties. Some of these updates are minor but crucial to avoid overpayments.

Universal Credit

UK State Pension Crisis: Retirees Face Uncertain Future as Funds Dwindle

The UK’s state pension system is facing an unprecedented financial challenge. With an ageing population and a declining birth rate, the balance between contributors and retirees is shifting in a…

Elderly Couple Reading A State Pension Notice

Brexit Fallout: SNP’s Renewed Push for Closer Ties with Europe

As the UK marks five years since leaving the European Union, the SNP has renewed its calls for a change in direction. Economic data shows slower growth and declining trade,…

UK Brexit

UK Government to Announce DWP Benefits Crackdown Before March

The UK government is preparing a DWP benefits crackdown, focusing on health and disability support. The reforms aim to control welfare spending while raising concerns about their impact on vulnerable…

DWP

Banking Turmoil: Thousands of UK Branches Closed, with More to Come

High street banking is shrinking fast—19 more branches are set to close this February, affecting communities from Swindon to Belfast. Since 2015, over 6,200 branches have vanished, with more shutdowns…

uk banking institutions

Nationwide Announces Bonus Payments Amid Major Savings Rate Changes

Nationwide has announced special bonus payments for eligible customers, alongside upcoming changes to interest rates on savings accounts. While some accounts will see rate reductions, others—such as the Flex Regular…

The exterior of a Nationwide building

Cash vs. Card: Government Decides Against Forcing Shops to Accept Physical Money

Despite growing concerns over financial exclusion, the UK government has confirmed it will not introduce regulations requiring businesses to accept cash. While efforts to maintain access to physical currency continue,…

Person Holding UK Cash

DWP to Launch Bank Account Checks on Non-Benefit Claimants

The Department for Work and Pensions (DWP) has been granted new powers allowing it to check bank accounts, even for individuals who do not claim benefits. As part of a…

Sign for the Department for Work and Pensions (DWP) at the entrance of Caxton House

Councils Across England Propose Record Tax Hikes of up to 25% amid Financial Strain

Millions of households in England face unprecedented council tax hikes, with some areas proposing increases as high as 25%. As councils battle severe financial pressures, residents could see bills soar…

UK councils tax hike