Finance News

The pound rose 0.6 percent against the US dollar, rebounding after Monday’s selloff, leaving the pairing trading at around $ 1.299. Tuesday saw Sterling rebound against the dollar as markets found some stability despite increased worries about Covid-19. Daily Express :: Finance Feed

The pound euro exchange rate rose by 0.5 percent today, with the pairing currently trading around €1.197 as the Eurozone’s fragile economic outlook continues to weigh on the single currency. Today saw Germany’s final growth report for the fourth quarter confirm estimates at 0 percent. Daily Express :: Finance Feed

STATE pension is only accessible from certain ages which tend to rise over time. Currently, the state pension age is 65 and it is scheduled to increase to 66 by October 2020. It will then rise to 67 by 2028 and it will continue to rise beyond that but the government regularly reviews the timetables. Daily Express :: Finance Feed

INCOME tax is a tax paid by the majority of people in one form or another. It covers all forms and kinds of income including wages and pensions but also rental income and benefits. There is variation in terms of how much income tax is paid and where it is derived from, especially when concerned with benefits. Daily Express :: ...

UNIVERSAL Credit is a monthly payment that eligible claimants can receive to help support them in various circumstances. Universal Credit has replaced six previously existing benefits but the amount each person receives will likely be different. The amount every claimant receives will be dependant on their personal circumstances, with their earnings and income being one of the biggest deciding factors. ...

MARTIN LEWIS is the go-to guy for many Britons these days thanks to his professional and helpful money advice. Today on The Martin Lewis Money Show, Martin discussed a topic very close to his heart – fraud. How can you identify and protect yourself from a scam? Daily Express :: Finance Feed

THE State Pension helps support people financially after they have retired thanks to a monthly allowance paid to them by the Government. But does everyone get a State Pension? Daily Express :: Finance Feed

The pound to euro exchange rate shed 0.2 percent this morning, with the pairing currently trading around €1.192. Brexit jitters escalated after France said that it would not sign up to a bad trade deal with the UK simply to meet Downing Street’s strict deadline. Daily Express :: Finance Feed

CHILD benefit has other perks associated with it other than the actual payment. Parents are encouraged to apply for child benefit even if they have no intention of utilising the payments. However, there are some instances where a parent or career may want to completely opt out. Daily Express :: Finance Feed

STATE pension income could be factored into income tax calculations along with personal pensions and certain benefits. However, how the taxes are paid will vary based on the individual circumstances. Daily Express :: Finance Feed