DWP crackdown warning as tiny £1 breach could trigger £4,330 repayment | Personal Finance | Finance

Ministers have announced a major crackdown on Carer’s Allowance overpayments, which could leave thousands facing new debt demands. The policy shift will see the Department for Work and Pensions (DWP) investigate 100% of earnings breach alerts for the benefit. Carer’s Allowance, worth £83.30 a week, is paid to those who care for someone who receives More...

Bill increases for wealthy on table as Ofgem looks at standing charges | Personal Finance | Finance
Energy bills could be increased for higher earners instead of keeping the much hated daily standing charges, according to the boss of energy regulator Ofgem. Ofgem, the regulator which manages and sets the price More...

HMRC giving up to £1,200 bonus to anyone on Universal Credit | Personal Finance | Finance
More than half a million more UK savers are in line for Government bonuses worth up to £25 a month to boost their cash pots from today, HM Revenue and Customs (HMRC) has announced. As part of the Government’s More...

Vida Savings launches new ISA paying 4.63% interest and earns ‘excellent’ rating | Personal Finance | Finance
Vida Savings has launched a new Cash ISA with 4.63% interest, earning an “excellent” Moneyfacts rating. The “Defined Access” ISA can be opened with as little as £10, and money can be withdrawn from the More...

Instantly boost your credit score with one easy change says Experian | Personal Finance | Finance
It’s something everyone will probably have to make use of at some point in their lives – but how often do you check how your credit score is doing? A bad credit score can mean the difference between a More...

Pensioners could be owed £675 compensation from DWP as Brit left £3,000 out of pocket | Personal Finance | Finance
Some pensioner expats may be owed compensation from the Department for Work and Pensions (DWP) due to a newly identified communication issue. Adrian Furnival, 82, who immigrated to Brittany in 1994, was found More...

State Pension triple lock update as message issued to pensioners | Personal Finance | Finance
State pensioners across the UK are in line for a £1,900 boost over the term of this Parliament as the government confirms its commitment to the triple lock. The State Pension increases at the start of each new More...

NS&I shares ‘quickest’ way to receive Premium Bonds prize winnings | Personal Finance | Finance
National Savings and Investments (NS&I) has shared a top tip for Premium Bonds holders to receive their winnings faster. It comes as millions of prizes are yet to be paid – and some are worth thousands. Premium More...

Martin Lewis cash ISA ‘sooner than later’ action advice over ‘tax raid’ | Personal Finance | Finance
Money Saving Expert founder Martin Lewis has urged people to take urgent action over cash ISAs amid rumours of potential tax raid by chancellor Rachel Reeves. Writing in the new email alert from the MSE website, More...

Energy bills saving of £259 could boost your finances – but only if you act fast | Personal Finance | Finance
Energy bills have been the nation’s unrelenting headache ever since global gas volatility started rattling the market back in early 2021. While things seemed to be looking up last summer – thanks to consecutive More...