Finance News

SAVERS who are receiving government support though universal credit may have a tough time putting anything aside for a big purchase or rainy day. Rising inflation and low rates on savings account make a lot of existing options unfeasible. However, the government offers it’s own type of savings account to help those who may be struggling. Daily Express :: Finance ...

UNIVERSAL CREDIT was placed back under the spotlight as the final episode of the BBC2 special: “Universal Credit: Inside the Welfare State” aired. Among the various topics on the episode, the problems associated with advance payments was put front and centre. Daily Express :: Finance Feed

The pound jumped by around 0.4 percent against the euro following a dreary German ZEW survey, leaving the pairing trading at around €1.205. Daily Express :: Finance Feed

STATE PENSION is received by anyone who pays a minimum qualifying amount of National Insurance contributions. The minimum amount needed is 10 years worth but people who have contributed over 35 years of contributions will receive the full new state pension. However, some may qualify for the “Additional State Pension”. Daily Express :: Finance Feed

THE PREMIUM BONDS prize fund is to reduce by 10 basis points, the NS&I announced yesterday. What will the reduction in interest rates by NS&I mean for savers? Daily Express :: Finance Feed

STATE PENSIONS will rise in April and millions are likely to be better off as a result, but is your state pension subject to taxation? Daily Express :: Finance Feed

CHILDCARE can be expensive for those raising a family but who may at the same time be receiving less income while on maternity or paternity leave. Many parents may need to reduce the hours they work or stop working entirely to raise a child. This could put a strain on family finances but the government provides support for parents who ...

MORTGAGES are likely to be the biggest payment commitment anyone could make in their lifetime. Tonight’s episode of the Martin Lewis Money Show detailed that advice for mortgages aren’t exclusively for young first time buyers. His tips this week could affect people across the mortgage spectrum. Daily Express :: Finance Feed

STATE PENSION age changes mean claimants are waiting longer for their payout but Age UK believe in some circumstances early access should be given to those most vulnerable. Daily Express :: Finance Feed

STATE PENSION can be claimed by anyone who reaches state pension age and has contributed enough National Insurance . The State Pension age will increase to 66 by October 2020. It is scheduled to continue to rise over the coming year, which will mainly concern those reaching their sixties. However, older retirees could receive an entirely different state pension altogether. ...