State pension warning as Britons will get nothing if they make a simple error | Personal Finance | Finance

Many will look forward to the day they turn 66, and can become eligible for their state pension under current state pension age rules. In fact, some Britons even time their retirement around reaching state pension age, leaving their jobs and salaries or pay behind at the same time. For this reason, the state pension is viewed as a vital safety More...

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By admin On Friday, December 2nd, 2022
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Premium Bonds winner scoops £50,000 just two months after buying bond | Personal Finance | Finance

The winner from Devon purchased the winning bond, with the number 517BL200634, at some point during October 2022. But this wasn’t the only winner scooping a prize from a bond purchased that month. It’s More...

By admin On Friday, December 2nd, 2022
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Over 2 million Britons unable to afford energy may unplug from grid, warns energy boss | Personal Finance | Finance

Bill Bullen sent a “red flag” white paper to business ministers and regulator Ofgem calling for urgent support to avoid people “suffering in silence” because some homes on energy meters More...

By admin On Thursday, December 1st, 2022
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Coventry Building Society relaunches savings account with ‘competitive’ interest rate | Personal Finance | Finance

Coventry Building Society is relaunching its competitive Limited Access Saver paying an interest rate of 2.85 percent and allowing up to six withdrawals per year. The account offers peace of mind to savers who More...

By admin On Thursday, December 1st, 2022
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Income tax: Britons ‘unaware of bizarre rates’ as families face 85% charge after pay rise | Personal Finance | Finance

Chancellor Jeremy Hunt extended the freeze on the UK income tax allowance threshold meaning it now will remain in place until 2027/28. The Government appears to have made this decision to balance the books and More...

By admin On Thursday, December 1st, 2022
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Premium Bonds prize checker: How to check if you have won prize as NS&I announces December | Personal Finance | Finance

Each Bond number, whether it has eight, nine, ten or eleven digits, has an equal chance of winning a prize, NS&I claims. Millions of Premium Bond prizes are still unclaimed with more than 1,500 of them worth More...

By admin On Wednesday, November 30th, 2022
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British Gas customers could save ‘up to £100’ this winter – over 100,000 Britons eligible | Personal Finance | Finance

The UK’s largest energy provider has announced a new scheme as part of the National Grid’s ESO service. The ‘Peak Save’ trial will test the potential for reducing demand on the Grid during specific times More...

By admin On Wednesday, November 30th, 2022
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British Gas could pay customers £100 to cut their power usage | Personal Finance | Finance

A scheme launched today lets invited households with a smart meter opt-in to reduce their electricity consumption at peak times if asked. In return for moves such as not using a washing machine or dishwasher More...

By admin On Wednesday, November 30th, 2022
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Nationwide increasing interest rates tomorrow – full list of ‘higher than average’ rates | Personal Finance | Finance

On the limited access range, previous issues of the Society’s Triple Access Online ISA (11-13) and Triple Access Online Saver (12-14) will see AER increases of between 0.4 percent and 0.5 percent, with these More...

By admin On Wednesday, November 30th, 2022
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Thousands of more Britons face 93 percent tax after allowances slashed in Autumn Statement | Personal Finance | Finance

Analysis has found some workers are paying a top tax rate of 60 percent or even 93 percent, The Telegraph reports. These high marginal rates apply to a part of a person’s income, for those in high-paying professions More...