Finance

Universal Credit UK: Allowance and extra payments claimants could receive While Universal Credit payments do vary from person to person, there is a standard allowance paid to those who are eligible, dependent on their personal circumstances. For the standard allowance, this is based on age and relationship status. A single person who is under the age of 25 is entitled ...

Barclays cuts Help to Buy ISA interest rates – but does return STILL beat Lifetime ISAs? Help to Buy ISAs are no longer open to new savers, however those who opened an account prior to the deadline of November 30, 2019, can continue to save in them for some years. This month, Barclays Help to Buy ISA savers will see new ...

Martin Lewis explains ‘key’ to self employed people being able to get financial support Speaking at the daily Downing Street press conference on Friday, he announced a second grant would be available under the Self-Employment Income Support Scheme (SEISS). Currently, the scheme allows eligible people affected by the coronavirus crisis to claim a taxable grant from the government. This grant ...

Universal Credit advances: How to apply for a Universal Credit advance Those who apply for Universal Credit are in need of financial support from the Government. But what do you do if you are strapped for cash while you wait for your first payment? That’s where Universal Credit advances come in. Express.co.uk explains how to get a Universal Credit advance. What is ...

Britons use lockdown to pay off billions in debt – did you? Figures from the Bank of England revealed a record amount of debt from credit cards and personal loans was repaid in April – soaring to a staggering £7.4billion. This is the largest net repayment since records from the central bank first began in 1993. Collectively, credit card debt ...

The simple way Britons saved £40 on their food shop during lockdown Money saving can be a difficult endeavour and the issue has been exacerbated by the recent pandemic. Although many more people are now staying at home, with most businesses still closed, job losses and furloughing have created a heavy financial toll. However, it is clear many Britons are ...

Martin Lewis launches campaign to end ‘thuggish’ debt collection practices – ‘seek help’ Martin Lewis, through the Money and Mental Health Policy Institute charity he founded, is calling on the government to end its “thuggish” use of debt letters during the coronavirus crisis. Research from the charity revealed that the out of date laws governing the debt letters are contributing ...

Universal Credit UK: DWP confirms new rules on how earnings affect payments As such, this would mean more people could find their Universal Credit payments cut. In a letter to Victoria Todd, chairperson of the Social Security Advisory Committee, Neil Couling, the DWP’s director general of Universal Credit, confirmed ministers have subsequently decided to extend the £2,500 threshold until March ...

FTSE 100 LIVE: Global stocks extend gains on economic recovery post pandemic hopes Japan’s benchmark Topix index rose 0.6 percent, while Hong Kong’s Hang Seng added 1.2 percent and South Korea’s Kospi rallied 2.5 percent. Oil went back above $40 for the first time in almost three months. Kerry Craig, global market strategist at JPMorgan, told FT: “Compared to market drawdowns ...

State Pension: What’s my State Pension? State Pension checker The amount of State Pension you get is based on your National Insurance record. Express.co.uk reveals how to check your State Pension forecast. How much State Pension will I get? The full new State Pension is £175.20 per week, but not everyone will get this. The actual amount you get depends on your ...