State pension: Over 60s face losing free bus pass due to age change | Personal Finance | Finance

In England, eligibility for the free bus pass is aligned with the UK’s state pension age which is currently 66. This freebie benefit was created to support older people and relieve them off their travel expenses. However, potential changes to the state pension age could see over 60s wait longer for this vital assistance. Under existing Government More...

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By admin On Thursday, February 22nd, 2024

Face it, Scottish independence would be a roaring success – for English taxpayers | Personal Finance | Finance

A newly independent Scotland would face massive financial challenges under Nicola Sturgeon, none of which will be resolved easily. It would be a nightmare for Scottish taxpayers, who would be forced to shoulder More...

By admin On Wednesday, February 21st, 2024

Supermarket Christmas savings schemes at Sainsbury’s, Morrisons, Asda, Iceland and Coop | Personal Finance | Finance

The maximum bonus is £15, and this is applied to savings of over £280 in the account. A breakdown of the complete tiered bonus rewards includes: £1 bonus added to savings between £30 and £79 £3 bonus More...

By admin On Tuesday, February 20th, 2024

State pension warning over ‘risk’ pension age rise could be brought forward | Personal Finance | Finance

The age when Britons can currently claim their state pension is 66 with some experts fearing this could rise to 70 over the coming years. A person typically needs 35 qualifying years to get the full new state More...

By admin On Monday, February 19th, 2024

Woman takes on British Gas over energy bill errors and wins – maybe you could too | Personal Finance | Finance

Sandra Wrench, 70, from Bedford, has fought a persistent battle with British Gas, making five complaints in a nine-month period. She says the utility giant made a string of errors, which mysteriously all seem More...

By admin On Monday, February 19th, 2024

Cold Weather Payments may start from next week – temperature triggers | Personal Finance | Finance

As temperatures plummet, millions of people will be switching on their heating and trying their best to keep warm. But for many this will mean increased energy bills which they are worried about being able to More...

By admin On Sunday, February 18th, 2024

Coventry Building Society launches savings accounts with ‘market-leading’ interest rate | Personal Finance | Finance

Matthew Carter, the head of Savings at Coventry Building Society, outlined why the financial institution is expanding its savings account range with higher interest rates. Mr Carter explained: “Savers are More...

By admin On Saturday, February 17th, 2024

Rishi Sunak urged to raise DWP benefit payments in line with inflation rate | Personal Finance | Finance

Over 100 organisations are calling on Rishi Sunak to implement a payment increase for Department for Work and Pensions (DWP) benefits. Specifically, the coalition of charities and campaigners are pushing for More...

By admin On Friday, February 16th, 2024

Savings: NS&I increases interest rates on savings accounts – but does it beat inflation? | Personal Finance | Finance

National Savings and Investment (NS&I) confirmed that 2.7 million savers across the UK will benefit from its latest interest rate hike earlier this week. The state-owned savings bank announced the interest More...

By admin On Thursday, February 15th, 2024

Free prescriptions: Calls to scrap NHS charges amid cost of living crisis | Personal Finance | Finance

Currently, those who live in England pay £9.35 per item when it comes to prescription charges on the NHS. Various groups of people are entitled to free prescriptions if they meet certain eligibility criteria. More...