State pension payments will not increase for these pensioners amid UK triple lock fears | Personal Finance | Finance

The triple lock mechanism means the UK state pension rises each year by whichever is the highest out of the average percentage growth in wages in Great Britain, the percentage growth in prices in the UK as measured by the Consumer Prices Index (CPI), and 2.5 percent. Following the coronavirus pandemic, fears have been raised by regarding the future More...

by zshapshap | Published 10 hours ago
By zshapshap On Wednesday, September 23rd, 2020
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FTSE 100 LIVE: Asian stocks struggle to build on Wall Street gains as US dollar rises | City & Business | Finance

MSCI’s broadest index of Asia-Pacific shares outside Japan was steady after two days of declines. Japan’s Nikkei dropped 0.6 percent. Markets in Shanghai and Hong Kong opened flat, the ASX 200 rose 1.6 percent More...

By zshapshap On Tuesday, September 22nd, 2020
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Martin Lewis warning: NS&I cuts ‘foreshadowing negative interest rates’ – full details | Personal Finance | Finance

Bruce Davis, the joint MD of Abundance Investment, was not entirely surprised by the change, as he detailed: “Record numbers of savers, who have lent a total of more than £160bn to the UK government via NS&I, More...

By zshapshap On Tuesday, September 22nd, 2020
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State pension UK: Winter Fuel Payment qualifying week started yesterday – rules explained | Personal Finance | Finance

State pension claimants born on or before October 5 1954 will qualify for a Winter Fuel Payment if they lived in the UK for at least one day during the week of 21 to 27 September 2020. If a claimant does not More...

By zshapshap On Monday, September 21st, 2020
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Lease deal hell for charity facing ruin | The Crusader | Finance

Charity has a welcome for all (Image: KindaKafe) Instead of three new printers and ink, cover for its initial leasing payments plus a £10,000 donation and a free cancellation opt-out after 12 months, TMK More...

By zshapshap On Monday, September 21st, 2020
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Universal Credit: What is classed as low income and how much is a low income? | Personal Finance | Finance

Universal Credit claimants have increased massively during the coronavirus crisis. Thousands of claimants are due to get a boost to their income levels from October. But for those looking to claim the benefit, More...

By zshapshap On Sunday, September 20th, 2020
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£500 coronavirus grant: How to get the £500 low-income self-isolation payments | Personal Finance | Finance

Self-isolation rules have been altered by the Government with tougher penalties for those who breach the coronavirus rules. Health Secretary Matt Hancock said coronavirus restrictions would get stricter in England More...

By zshapshap On Sunday, September 20th, 2020
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Marriage allowance: How does marriage allowance work? | Personal Finance | Finance

How does Marriage Allowance work? The low-earning partner must apply to the HM Revenue and Customs to request any unused personal allowance be transferred to their spouse. Those earning less than this personal More...

By zshapshap On Saturday, September 19th, 2020
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PIP: How much savings can I have on PIP? | Personal Finance | Finance

When you put in a claim for PIP, a health professional will assess your ability to carry out a range of daily activities essential for getting by in everyday life. This health professional will write a report More...

By zshapshap On Saturday, September 19th, 2020
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State pension latest news: Boris Johnson told think again on ‘grotesque’ age change move | Personal Finance | Finance

Women from the BackTo60 pressure group affected by controversial changes to the state pension age have vowed to press on with their campaign after the Court of Appeal ruled the reforms were not discriminatory. More...