HUNDREDS of thousands of households are at risk of missing out on an average £6,000 state pension boost, Martin Lewis has warned. Speaking on The Martin Lewis Money Show on ITV yesterday, he noted women may have been underpaid the state pension for years. If you’re married or a widow and you hit state pension age before April 2016, he urged you to check if you’re due a payout. This...
MILLIONS of households are eligible for thousands in energy bill support this winter. It comes as half of UK adults are finding it difficult to pay their energy bills, mortgages and rent, according to the Office for National Statistics (ONS). Over 45% of households are struggling to pay their energy bills as costs soar. And some 30% of households with a mortgage or that rent are struggling with...
MUMS should be given extra £8,000 to stay at home and look after their kids, a new report has said. Researchers at the Civitas think tank are set to urge ministers to make an £8,000 childcare allowance available in order to help stay-at-home mums. Department of Education officials have reportedly been locked in “intense conversations” over how to improve childcare in England and make...
KWASI Kwarteng has today been SACKED by Liz Truss following the market meltdown unleashed by his mini-Budget. In a letter to the PM confirming his departure, the fired Chancellor said: “You have asked me to stand aside as your Chancellor. I have accepted.” The PM made her close pal the government’s fall guy for the economic chaos as she looks to reset her battered premiership...
TIME for a reality check on the true causes of our economic chaos. It is crazy for the Government solely to blame the Bank of England . . . even if Governor Andrew Bailey’s performance HAS been woeful. No10 cannot duck responsibility. The markets were febrile enough when Kwasi Kwarteng unveiled his mini Budget. Much of it was popular: The energy bailout, 1p off tax, reversing the National...
THOUSANDS of households can get up to £750 off their energy bills – we explain everything you need to know. Many people could be entitled to the cash support worth hundreds of pounds to help with soaring bills this winter. The help is a combination of both the Winter Fuel payment and the Warm Home Discount. We explain what you need to know about the help, who is eligible and when it will...
KWASI Kwarteng last night hinted a u-turn on corporation tax was imminent as he said “let’s see” if the promised tax cut goes ahead. The Sun can reveal Liz Truss is considering RAISING Corporation Tax next year in a spectacular turnaround. Her vow to cancel Rishi Sunak’s hike from 19 to 25 per cent tax next April was the centrepiece of her campaign to be PM – but...
MARTIN Lewis has warned households that there is no cap of £2,500 on bills. The new Energy Price Guarantee (EPG) will apply from October 1, replacing the £1.971 price cap that applies now. It freezes bills at £2,500 – but that’s just the typical energy bill. Speaking on ITV’s Good Morning Britain, Martin said there is “no cap of £2,500 on what you can pay on energy...
KWASI Kwarteng came out fighting for his mini-Budget today – vowing to “stick to the growth plan” despite market turmoil. The Chancellor insisted he would stay true to his top two priorities – working towards to growing the economy and helping struggling families pay energy bills. The Chancellor added that he’s focussed on “making sure that people right across...
THE value of the pound has fallen again as the Bank of England says it “won’t hesitate to change interest rates”. However, the Governor of the BoE Andrew Bailey avoided hiking interest rates as an emergency measure this afternoon. The pound has fallen to its lowest level against the dollar since decimalisation in 1971. Sterling fell by more than 4% to just $1.03 in early trading...