Finance News

The younger brother of missing Cryptoqueen Dr Ruja Ignatova has agreed to inform on fellow members of his sibling’s crime gang after striking a deal with prosecutors that may keep him out of jail. Konstantin Ignatov, appearing at New York Southern District Court this week, pleaded guilty to a string of charges related to the OneCoin multi-billion crypto fraud. Daily ...

TESCO has launched their Clubcard Plus scheme. Here’s what you need to know about the supermarket’s new monthly subscription service. Daily Express :: Finance Feed

UNIVERSAL CREDIT claimants and other recipients of certain benefits may be able to get an extra £25 payment during very cold periods this winter. The Cold Weather Payment Scheme has begun for 2019 to 2020, and it’s possible to check whether a payment is due in one’s area online. Daily Express :: Finance Feed

PENSION pots are something many may pay into during their lifetime in order to build up a form of income during their retirement, in addition to the state pension. However, people currently in their 50s are being warned they may face a shortfall, should they wish to enjoy a “moderately comfortable” retirement. Daily Express :: Finance Feed

UNIVERSAL CREDIT is paid monthly, and it may be available in order to help with living costs. The payment is replacing six types of state benefits, but what does Universal Credit replace? Daily Express :: Finance Feed

INHERITANCE TAX is a tax on the estate of a deceased person’s threshold, which exceeds a certain threshold. What is the standard Inheritance Tax rate? It may be possible to benefit from a reduced Inheritance Tax rate. Daily Express :: Finance Feed

The pound US dollar exchange rate is holding steady today, with the pairing currently trading around $ 1.284 after UK retail sales growth came in at -0.1 percent in October due to pre-Brexit concerns and easing wage growth. Samuel Tombs, the Chief Economist at Pantheon Macroeconomics, was mixed in his assessment, saying: “Looking ahead, a modest slowdown in wage growth ...

CHINESE military chiefs are considering rewarding troops with cryptocurrency. Soldiers executing their duties with merit could have crypto added into special digital wallets, while those who underperform may even have assets removed. Daily Express :: Finance Feed

STATE PENSION age has been changing in recent years, and the age at which a person is able to apply for an older person’s bus pass in England is when one reaches the female state pension age – whether they’re a man or a woman. However, a person can check to see if they’re able to get free bus travel ...

UNIVERSAL CREDIT changes were brought in earlier this year in a bid to crack down on benefit fraudsters, after the scammers targeted vulnerable people and attempted to convince them to share personal details under the promise of a cash windfall. Daily Express :: Finance Feed