Finance News

Carer's Allowance: Does Carer's Allowance affect Universal Credit?Carer’s Allowance is a Government benefit, which provides financial support to people who look after another person for at least 35 hours per week. In recent years, some people receiving some benefits have moved onto the Universal Credit system.Does Carer's Allowance affect Universal … [Read more...] about Carer’s Allowance: Does Carer’s Allowance affect Universal Credit?

Universal Credit grant: Can I get £500 benefits credit? How do you qualify?But news of the one-off £500 payment is as of yet unconfirmed.As such, potential qualifying criteria do not yet exist, and it is not clear whether the policy will cover every Universal Credit beneficiary.Mr Sunak is allegedly waiting for the budget - set for March 3 - to … [Read more...] about Universal Credit grant: Can I get £500 benefits credit? How do you qualify?

Bank helps co-ops network thrive with £400,000 of new support New findings suggest the ethical, member-owned enterprises are more resilient surviving economic shocks compared to other firms. One-to-one financial and management advice, workshops, training and mentoring form part of the package being delivered by network Co-operatives UK and The … [Read more...] about Bank helps co-ops network thrive with £400,000 of new support

Winter Fuel Payment should have been issued by this week - act if you do not have yoursWinter Fuel Payments are specifically designed to assist eligible people with the cost of their heating bills as Britain experiences a cold snap. With more time spent indoors, it is likely energy bills will soar, and the payments could offer vital aid to certain … [Read more...] about Winter Fuel Payment should have been issued by this week – act if you do not have yours

State Pension: Britons could claim extra £356 each month for arthritis or other conditionsState Pension payments can provide significant help to people when they leave the workforce for retirement. The sum, overseen by the Department for Work and Pensions (DWP), is issued to eligible Britons who have reached a certain age and have specific … [Read more...] about State Pension: Britons could claim extra £356 each month for arthritis or other conditions

SEISS grant 4: Will the eligibility criteria change?Will the eligibility criteria change?Finance expert Martin Lewis said on This Morning recently he is “hoping” the Government will improve the eligibility criteria for SEISS grant four to include more people who are newly self-employed.He said: "We don't yet know the details of it, I'm hoping … [Read more...] about SEISS grant 4: Will the eligibility criteria change?

Self assessment tax return: HMRC urged to extend deadline 'asap' as SEISS problems emergeRishi Sunak has been urged to extend the self assessment tax return deadline as millions of self-employed workers struggle with coronavirus and complicated SEISS interferences. As it stands, self assessment tax returns for the current year must be filed and … [Read more...] about Self assessment tax return: HMRC urged to extend deadline ‘asap’ as SEISS problems emerge

Money saving tips: Britons urged to ‘act now’ to review their finances in retirementMoney saving can be a difficult task to embark upon, but is often essential to ensuring people can obtain the type of lifestyle they desire. This is of particular importance for people in retirement, some of whom may have given up on saving money or changing their … [Read more...] about Money saving tips: Britons urged to ‘act now’ to review their finances in retirement

Universal Credit: Labour to force vote on payment rise tomorrow - Boris Johnson condemnedLast week, Rishi Sunak was questioned in Parliament by Kate Osborne, the Labour MP for Jarrow, who pushed the Chancellor on how he could justify removing the uplift given the expected ramifications.In response, Rishi refused to budge, commending the … [Read more...] about Universal Credit: Labour to force vote on payment rise tomorrow – Boris Johnson condemned

Bitcoin chaos: Wall Street icon Burton Malkiel explains how cryptocurrency could collapseBitcoin: Expert discusses recent drop in cryptocurrency valueIn recent weeks, Bitcoin values have shown volatility not seen since the cryptocurrency's 2017 crash. January has seen record highs before the worst decline since March 2020, with a 20 percent drop in … [Read more...] about Bitcoin chaos: Wall Street icon Burton Malkiel explains how cryptocurrency could collapse