Business

Drivers of diesel vehicles are being ripped off at the pump as suppliers deliberately inflate the price of a litre of fuel, it has been claimed. FairFuelUK says that if retail diesel was sold at a “fair price”, inflation would be below 10% and potentially closer to 9%. The campaign …

Former CKE Restaurants CEO Andy Puzder discusses whether persistent inflation will lead to a weaker Christmas retail season on ‘Varney & Co.’ As high inflation saddles Americans with an extra financial burden, some states are helping out with one-time stimulus rebates to offset the pain of higher prices.  At least …

OVO Energy has stated customers will be able to make a minimum of £1 for every kWh shifted below their personal target. The more electricity a person shifts, the greater their ultimate reward will be. According to the provider, the average home could earn approximately £50, but this could rise …

But pensioners face a tough winter before they receive the increase in their state pension, with soaring energy prices and costs for other essentials such as food. Helen Morrissey, senior pensions and retirement analyst at Hargreaves Lansdown, said: “Soaring inflation has brought chaos to people’s finances this year and a …

This may apply if both of the individuals have reached state pension age by the end of the qualifying week, and if the claimant’s partner was present in the UK, Channel Islands, Isle of Man, Gibraltar, an European Economic Area (EEA) country or Switzerland during the qual claimant will also …

There are two rates available to pensioners depending on when a person retired. Ministers have recently announced that both amounts will increase by 10.1 percent next year. A new state pension was brought in for those retiring from April 6, 2016, bringing the State Second Pension (S2P) and the state …

David replied to assure Stuart that NatWest would investigate the scam immediately, saying: “I’ll get the team right on it, the game is afoot.” People can also report any scam texts they receive by forwarding them to 7726. Passing on the messages allows authorities to get a sense of what …

“Some of them are likely to be entitled to benefits that they don’t actually claim and that could make quite a difference to their standard of living overall, so if you think this may apply to you please do call the Age UK advice line free of charge on 0800 …

He explained: “You can nominate beneficiaries for your pension in the event of your death, which must be officially submitted to your pension provider, and IHT is not generally payable. “If you die after the age of 75 though, your beneficiaries will need to pay income tax on the money …

Not speaking to one’s employer Additionally, he suggested people speak to their employer and ask if they offer salary exchange, which can help boost pension savings by making the contributions pre-tax and National Insurance. Where possible, people should make full use of employer contributions. It is worth exploring whether their …