Britons must pay National Insurance if they’re 16 or over and are either an employee earning above £190 a week, or self-employed and making a profit of £6,725 or more a year. Once someone has reached the state pension age of 66 years then they no longer need to keep …
Read More »Shop prices hit highest rate of inflation in almost 17 years | Personal Finance | Finance
They shot up to 4.4 percent in July, up from 3.1 percent in June – the highest rate of inflation since the BRC-NielsenIQ shop price index first started in 2005. Food inflation rocketed to seven percent in July, up from 5.6 percent in June, driven by rising production costs. This …
Read More »Premier Foods buys TV chef curry kit company The Spice Tailor for £44m | Personal Finance | Finance
Premier Foods, whose other kitchen staples include Ambrosia custard and Bisto gravy, went on a three-year buying spree in the past that saddled the group with big debts. A decade ago management sold off a number of brands, such as Sarson’s vinegar and Haywards pickles. But in a sign that …
Read More »Money making tips: Woman shares ‘easy’ way she earns extra £150 a week | Personal Finance | Finance
Ella has been gaining valuable experience and earning some extra money through Paperound, a website that links up businesses with students, who complete tasks such as market research or content creation. Ella told marketing group Student Beans: ”When I came across Paperound, I wanted to gain some industry experience with design …
Read More »Lloyds and Halifax to close another 66 bank branches – see full list of latest closures | Personal Finance | Finance
The bank is to axe 48 Lloyds Bank branches and 18 Halifax outlets, between October 2022 and February 2023. The closures will include branches across England, Northern Ireland, and Wales, in the fourth swathe of closures in recent months. By early next year, customers will lose access to 133 Lloyds …
Read More »Woman shocked after battered storage trunk bought for £12 is worth up to £6,000 | Personal Finance | Finance
The trunk was originally purchased in 1984 from a bric-a-brac shop in the village of St Margarets near Twickenham, London. After spotting it in the shop window, the dad paid £12 for the case. He then gave it to his daughter to help her store her belongings when she moved …
Read More »Cost of living: Pensioners not eligible could still get £650 payment but deadline looms | Personal Finance | Finance
She warned: “I must stress, experts warn that when you claim pension credit you must ask for back dating as it won’t be done automatically. “Also, the rules make it clear that even if you just get one penny a week in Pension Credit, you will get the full £650 …
Read More »PIP claimants set to receive an extra £700 to help with cost of living – are you eligible? | Personal Finance | Finance
Former Chancellor Rishi Sunak announced a new wave of cost of living payments to help families who are struggling with the soaring inflation and rising energy bills. Included in the support is targeted payments for people who have a disability or long-term health condition. People claiming (PIP) are entitled to …
Read More »Energy bills: Couple explain how they slashed costs by over £1000 a year | Personal Finance | Finance
As the cost of living crisis continues, and many families find themselves financially squeezed, saving extra cash has never been more vital. With energy bills predicted to reach £3,000 by the end of the year, this couple have shared how they reduced their bills in hopes of helping other families …
Read More »WASPI women demand answers from Rishi Sunak and Liz Truss on state pension | Personal Finance | Finance
WASPI women assert they have been financially and socially impacted by the lack of notice regarding the state pension age. They do not believe the state pension age should return to 60. The group believes in equalisation, but not in the way in which changes were communicated to women. Meanwhile, …
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