Pound LIVE: GBP bounces back to pre-mini budget level ahead of Truss crunch talks with OBR | City & Business | Finance

Liz Truss and Kwasi Kwarteng are set to meet the Office for Budget Responsibility (OBR) Chair Richard Hughes on Friday to discuss the economic outlet. But the Government got a boost ahead of the meeting as the pound is up to the highest level against the US dollar since the mini-budget at 1.12. Ahead of the Chancellor’s mini-budget the pound More...

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By admin On Thursday, September 29th, 2022
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Tax-free childcare: Parents urged to claim £2,000 tax relief | Personal Finance | Finance

Parents are spending up to £1,300 annually on childcare costs, according to new research. On average, households have seen their costs rise £110 per month, with the typical nursery in London and the South More...

By admin On Thursday, September 29th, 2022
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Liz Truss shares latest details on how you could ‘support your income’ – check now | Personal Finance | Finance

Prime Minister Liz Truss urged Britons to check the Government website to see what type of income support they may be entitled to. She tweeted: “We are facing difficult economic times globally. We must put More...

By admin On Thursday, September 29th, 2022
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Truss criticised for ‘standing by’ disastrous economy plan: ‘Listen to the market!’ | City & Business | Finance

Liz Truss has been lamented for “ignoring” the UK markets after the Prime Minister defiantly refused to reverse the so-called “mini budget” that her Chancellor Kwasi Kwarteng laid out More...

By admin On Wednesday, September 28th, 2022
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Energy bills support: Home hacks to save money – cut your bill by £130 | Personal Finance | Finance

In fact, this tip was hugely popular. Another, Lindsey Watson said: “I’ve bought a flask so will boil kettle once a day n use flask for the rest of the day.” Seda Haluk said: “Switch off More...

By admin On Wednesday, September 28th, 2022
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Energy bills: Britons can save up to £392 a year – The ‘great way to keep your house warm’ | Personal Finance | Finance

With temperatures dropping, and energy bills set to rise, many people may be wondering how to keep the house warmer for longer periods. By taking into account these small suggestions, people may be able to make More...

By admin On Wednesday, September 28th, 2022
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Martin Lewis urges people to act now to check their meter readings ahead of new energy bil | Personal Finance | Finance

“If you compare the costs in winter 2021 – when the price cap was set at £1,277 – this winter will still see a marked increase in energy bills for many. “So taking a meter reading on September More...

By admin On Wednesday, September 28th, 2022
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Britons brace for plunging Sterling to send tank of petrol soaring | City & Business | Finance

The fall of the pound is likely to cause the cost of petrol and diesel to soar at a time when high costs at the pump have become the norm. According to the AA, poorly performing Sterling is already adding almost More...

By admin On Tuesday, September 27th, 2022
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Income tax: Kwasi Kwarteng provides pension saving ‘incentive’ through 45p cut | Personal Finance | Finance

This is the case if they are subject to the tapered annual allowance – a limit on the amount of contributions paid to, or benefits accrued in, a pension before the person has to pay tax. Since April 6, More...

By admin On Tuesday, September 27th, 2022
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Santander issues vital warning on impersonation scam losing Britons £3,808 | Personal Finance | Finance

Finally, people should also be alert via their social media and when looking online. This is because devious scammers are adapting their behaviours in an attempt to reel in unwitting victims. In fact, some scammers More...