PIP cuts won’t fix ‘alarming’ benefit fraud, experts warn Labour | Personal Finance | Finance
Labour’s plan to crack down on disability benefits will do little to curb the UK’s “alarming” levels of welfare fraud, experts have warned. Sir Keir Starmer is under growing pressure to rethink controversial proposals to restrict access to Personal Independence Payment (PIP) – worth up to £800 a month – amid claims the cuts are unfair, More...
New £300 winter fuel payment triggers wave of scam texts – ‘contact bank immediately’ | Personal Finance | Finance
Pensioners have been warned of a surge in scam texts targeting older people. Fraudsters are exploiting confusion around the newly expanded winter fuel payment scheme, which will see millions more pensioners across More...
Rachel Reeves and Angela Rayner are at war – and there’s only one winner | Personal Finance | Finance
Chancellor Rachel Reeevs is pinning her hopes on sweeping reforms dragging the UK out of the economic doldrums. She calls it her “Plan for Change”. These include unleashing pension funds to invest in Britain, More...
All the energy suppliers set to give £150 discount in winter | Personal Finance | Finance
A variety of energy suppliers are set to provide a £150 discount to millions of households this winter as part of the government’s expanded Warm Home Discount scheme. In a major expansion, the Warm Home More...
Nationwide Building society offers bumper 6.5% interest rate on savings account | Personal Finance | Finance
Despite falling UK savings rates, Nationwide’s Regular Saver continues to offer competitive returns of 6.5% AER, making it one of the best options on the market. Regular savings accounts usually require a fixed More...
HMRC warns Brits earning up to £60,000 they could be ‘missing out on cash boost’ | Personal Finance | Finance
The tax office has urged parents to check their Child Benefit entitlement as a threshold change could mean many may be missing out on a “cash boost”. As of April 2024, households can now earn up to £60,000 More...
HMRC payslip alert as it urges workers to spot key red flags | Personal Finance | Finance
HM Revenue and Customs (HMRC) is warning British workers to be vigilant about their company’s operations. It comes as the government prepares to launch a consultation to enhance tax collection and crack More...
Little-known inheritance tax rule to slash overall tax rate by 4% | Personal Finance | Finance
With inheritance tax receipts surging month-on-month, experts are drawing attention to a little-known rule that could help families significantly reduce their tax bills while supporting charitable causes. Under More...
Little-known inheritance tax rule to slash overall tax rate by 4% | Personal Finance | Finance
With inheritance tax receipts surging month-on-month, experts are drawing attention to a little-known rule that could help families significantly reduce their tax bills while supporting charitable causes. Under More...
Rachel Reeves tax raid kicks in as Brits forced to hand over £8bn | Personal Finance | Finance
Taxpayers have handed over an additional £8.6 billion in just two months as Rachel Reeves’s Budget begins to take effect, according to new figures from the tax office. Tax receipts for April and May reached More...
