Drivers continue to be plagued by expensive petrol and diesel prices, with pundits bombarding major retailers and supermarkets with rising prices as Britain is distracted by the general election. Figures from the RAC show motorists are getting “an extremely bad deal” every time they fill up, with petrol currently costing an average of 146.238p per … Read more
By Steve Webb for This Is Money Updated: 04:28 EDT, June 17, 2024 I have received Working Tax Credit whilst simultaneously contributing to my personal private pension with Scottish Widows over an extended period. These contributions were made possible via direct debit from my bank account, which allowed me to deduct 100 percent of the … Read more
BP requires employees to disclose intimate relationships with colleagues or remove their faces Employees were given three months to disclose any matters Rules follow Bernard Looney’s dismissal for failing to disclose past relationships By Mark Shapland Updated: 4:50 PM EDT, June 15, 2024 BP risks being hit with employee lawsuits after serious concerns were raised … Read more
People could be stuck in Help To Buy Isas with almost 2.2 million open offers Government surcharge of 25% is only payable if users purchase property under £250,000 Help to Buy Isas was introduced in 2015 but closed to new accounts in 2019 Nearly 2.2 million people will be unable to access the government bonus … Read more
Experts are reminding Brits of the seven ‘tricks’ that could significantly boost their pension savings in the coming years. Increasing pension contributions, using ISAs and taking advantage of tax benefits, including when it comes to capital gains tax (CGT) and inheritance tax (IHT), are among the recommendations. Here’s a full list of the seven “tricks” … Read more
A major energy supplier offers money on energy bills to customers who want to make small changes in their energy consumption. Some bill payers with certain energy suppliers are rewarded for reducing their electricity consumption during peak hours. British Gas is offering its customers the chance to earn money on their accounts under the PeakSave … Read more
MARTIN Lewis has warned holidaymakers of a simple rule to follow when spending money abroad. The money expert returned to screens last night in a summer special of the Martin Lewis Money Show, revealing how holidaymakers can avoid extra charges. Martin Lewis advised travelers to always pay in foreign currency when using a bank or … Read more
Santander has announced a wave of interest rate cuts on its mortgage products, which is a huge win for homeowners and homebuyers. The major lender is reducing rates to selected fixed rates across its purchase, remortgage, buy-to-let and new build ranges. In addition, Santander has announced the launch of a range of new two-year tracker … Read more
A WINTER energy program that provides cashback on bills during peak hours now runs year-round. The Electricity Systems Operator (ESO) has confirmed that its popular Demand Flexibility Service (DFS) program will now be available all year round. The DFS winter program now runs all year roundCredit: Getty Bill payers covered by this scheme will receive … Read more
The amount of mortgage arrears has risen by 44.5 percent in the first three months of this year as homeowners struggle with higher interest rates, Bank of England data shows. Outstanding payment arrears rose to £21.3 billion, up 4.2 per cent on the last three months of 2023 and up 44.5 per cent on the … Read more