Financial news

• Workers to lose £754 each with government U-turn on income tax promises

  10-10-2024 14:24 via express.co.uk
  
  Workers could lose up to a maximum of £754 each if a cut is reversed.
  
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• Reeves condemns 700,000 pensioners to freeze as Winter Fuel Payment deadline hits

  22-12-2024 11:54 via express.co.uk
  
  When chancellor Rachel Reeves cruelly axed the Winter Fuel Payment she tried to soften the blow for the very poorest pensioners by pledging to boost uptake of state benefit Pension Credit.
  
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• 'I'm a WASPI woman - I'm heartbroken and lose out on £35k after Labour's repulsive snub'

  22-12-2024 10:00 via express.co.uk
  
  EXCLUSIVE: Jenny Cox has said that she feels like female claimants are subordinate to men after the decision
  
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• The six huge life choices that could hit your pension pot by hundreds of thousands

  22-12-2024 09:33 via express.co.uk
  
  Many people are unaware of the consequences of choices that could reduce their savings by as much as £1m over a lifetime.
  
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• I got £3,860 in five minutes after getting six-digit code from government

  22-12-2024 07:00 via express.co.uk
  
  EXCLUSIVE: Express.co.uk's Alex Evans reveals how he instantly boosted his earnings with this handy hack.
  
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• DWP to pay out up to £434 per month to those with back pain

  22-12-2024 07:00 via express.co.uk
  
  Millions of people suffer from debilitating back pain which can leave them struggling to perform daily tasks
  
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• 10 ways you can save money this winter as UK inflation hits 2.6%

  22-12-2024 01:01 via express.co.uk
  
  The latest official figures showed that Consumer Prices Index inflation climbed to 2.6 per cent in November, up from 2.3 per cent in October
  
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• Brits warned how 'small £2k pay rise' can leave you £12k worse off

  21-12-2024 23:48 via express.co.uk
  
  Brits have been warned that a pay rise of just £2,000 could actually result in being £12,570 worse off - something that mainly affects people with children.
  
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• I’m one of millions working in retail. This Christmas, don’t ask how we are – or we may tell you | Andrew Herrick

  21-12-2024 20:00 via theguardian.com
  
  So far today I have dealt with 200 customers. I have smiled 200 times, but that’s getting harder. Consider me a checkout robotGet our breaking news email, free app or daily news podcastYou decided to do it differently this year. You usually buy online, with high-minded principle, from a company owned by the least-loathsome billionaire you can find. Instead, this Christmas you gritted your teeth and drove in a hot car to a local business where you (finally) found a park. Then you steadfastl
  
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• Belief in a lottery curse is comforting, but winning lots of money does make you happy | Martha Gill

  21-12-2024 18:30 via theguardian.com
  
  The notion that vast windfalls inevitably bring misery is based on a handful of sad casesDoes winning the lottery wreck your life? When it was revealed earlier this week that an anonymous Briton had won £177m in the November EuroMillions draw – making them the third biggest national lottery winner ever – the Mail Online announced it with all the impartiality of a bad fairy at a christening: “Other big winners”, the second half of the headline ran, “have faced
  
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• Spread joy and empower vendors – how buying a Big Issue helps change lives

  21-12-2024 15:47 via express.co.uk
  
  Buying a Big Issue magazine spreads joy and empowers vendors so they can earn an income with purpose
  
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• Prince William to end feudal restrictions on his Duchy of Cornwall estate

  21-12-2024 14:00 via theguardian.com
  
  The royal has bowed to pressure over residents’ right to buy freeholds on parts of his hereditary landPrince William has agreed to end the last feudal restrictions on land ownership in parts of his hereditary Duchy of Cornwall estate after decades of complaints from residents.The Prince of Wales will allow tenants in two of the most environmentally sensitive areas of his 55,000-hectare (135,000 acres) estate the right to buy the freehold to their homes for the first time. Continue reading.
  
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• UK house price predictions for 2025: with pay rising and rates falling, they’ll just keep going up

  21-12-2024 13:00 via theguardian.com
  
  Nothing seems to stop the relentless march of property values, even with a stamp duty increase loomingIt’s been a bumpy ride for the housing market in recent years, after Liz Truss’s disastrous mini budget of September 2022 created a surge in borrowing costs that have cost many households dearly.But despite elevated mortgage and rent costs, the market this year has turned out to be “surprisingly resilient”, according to Nationwide building society. Experts had expected ho
  
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• I've been counting Starmer's lies and it's worse than I thought – he simply won't stop

  21-12-2024 11:48 via express.co.uk
  
  All politicians are economical with the truth but Sir Keir Starmer has lifted lying to a new level. And he doesn't even hide it.
  
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• How to support a charity at Christmas … it’s a gift that just keeps on giving

  21-12-2024 11:00 via theguardian.com
  
  With more people in need this festive season, charities, too, are appealing for extra helpDonate to our charity appeal hereThe British public is expected to give more than £1bn to charities this month as the festive season acts as a reminder of the increasing number of people who are in need of help. But charities say that the number of people who regularly give has declined, and some have appealed for extra help.The Charities Aid Foundation (CAF) says that although the public is more moti
  
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• From cat litter to incontinence pads: UK shoppers on how ‘porch pirates’ got caught out

  21-12-2024 08:00 via theguardian.com
  
  Readers say doorstep theft is a ‘nightmare’, but some thieves have not got what they expected in parcelsPolice warn UK shoppers over ‘porch pirates’Doorstep parcel thieves are making off with a variety of gadgets and pricey fashion items ranging from computer monitors to Ugg footwear. However, the “lucky dip” nature of the crime means some crooks are opening their pilfered packages to discover they contain biodegradable cat litter or incontinence pads.An
  
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• House speaker vows no government shutdown amid rush to broker spending deal

  20-12-2024 21:24 via theguardian.com
  
  Mike Johnson reveals plans for an afternoon vote while acknowledging there is ‘one more little detail to work out’The US government could shut down. Here’s what to knowUS politics – live updatesThe US House speaker, Mike Johnson, told reporters on Friday that “we will not have a government shutdown” while revealing plans for an afternoon vote on a spending deal, though he acknowledged there is still “one more little detail to work out”.House Republ
  
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• Reeves says economic turnaround will take time and Farage ‘hasn’t got a clue’

  20-12-2024 19:51 via theguardian.com
  
  Chancellor pledges renewed focus on growth after Bank of England warning that Britain is on brink of stagnationRachel Reeves insists she won’t “gaslight” working people over her plans to turn round the economy as she launched a scathing attack on Reform’s offer to voters, saying Nigel Farage “hasn’t got a clue”.With many people still struggling with the cost of living, the chancellor defended her approach which has so far focused on economic stability, a
  
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• House Republicans unveil potential agreement in bid to avoid government shutdown

  20-12-2024 19:38 via theguardian.com
  
  White House sharply criticizes party’s alliance with wealthy influencers in spending negotiationsThe US government could shut down. Here’s what to knowUS politics – live updatesHouse Republicans have unveiled a potential agreement on the debt ceiling during a closed-door meeting in their bid to avoid a government shutdown, while the White House sharply criticized the party’s alliance with wealthy influencers in the spending negotiations.According to Punchbowl News, Republ
  
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• EU should spare carmakers from ‘punitive’ emissions fines, says Scholz

  20-12-2024 17:09 via theguardian.com
  
  Germany’s chancellor backs auto industry as Volkswagen considers unprecedented plant closuresThe EU should refrain from “punitive” fines on carmakers that fail to meet emissions standards, the German chancellor has said, adding to the heated debate on the future of the key European industry.Olaf Scholz, who is running for re-election in February at a time when Germany’s biggest carmaker, Volkswagen, is planning unprecedented plant closures in its home market, made the com
  
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• Boohoo shareholders vote to block Mike Ashley from joining board

  20-12-2024 16:52 via theguardian.com
  
  Chair hails ‘resounding vote of confidence’ as investors reject Sports Direct founder and his associate Mike LennonBoohoo shareholders have blocked Mike Ashley and an associate from joining its board in a blow to the Sports Direct founder’s attempt to control the struggling online fashion retailer.Investors representing 64% of Bohoo’s stock voted against appointing Ashley and Mike Lennon at a special meeting on Friday morning called by Ashley’s Frasers Group. Contin
  
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• Britain braces for big Christmas getaway amid weather and travel warnings

  20-12-2024 15:12 via theguardian.com
  
  Airports, train operators and motoring bodies forecast traveller numbers unseen since before pandemicBritain’s biggest festive getaway in years was expected to start on Friday, as millions of people took to road, rail and skies to see their loved ones over Christmas.Airports, train operators and motoring organisations have all forecast traveller numbers unseen since before the pandemic. Continue reading...
  
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• Last chance as free electricity offer for Christmas ends this weekend

  20-12-2024 15:00 via express.co.uk
  
  Uswitch is offering free electricity to anyone with a smart meter on Christmas Day - but time is running out to claim the freebie
  
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• Anyone over 66 urged to claim DWP benefit worth up to £4,200

  20-12-2024 14:39 via express.co.uk
  
  The DWP is urging state pensioners to claim a benefit worth £4,200.
  
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• Last-minute Christmas shoppers set to spend £3bn over ‘Super Weekend’

  20-12-2024 14:35 via theguardian.com
  
  British retailers anticipate some of the biggest shopping days of the year with people ‘clearly leaving it late’Business live – latest updatesMillions of last-minute Christmas shoppers are expected to spend £3bn over what has been called Super Weekend, with retailers eager to make up lost ground after a “shaky start” to the festive sales season.With many offices closing on Friday for the holidays, retailers anticipate the remaining shopping days will be among
  
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• Starbucks workers’ strike could reach hundreds of stores by Christmas Eve

  20-12-2024 14:13 via theguardian.com
  
  Walkouts will start in Los Angeles, Chicago and Seattle, after union said it was making little progress with chain’s owners over pay and conditionsWorkers at Starbucks stores in three cities plan to go on strike on Friday after a union representing more than 11,000 baristas in the US said it was making little progress with the giant coffee chain’s owners over pay and conditions.The walkouts will start in Los Angeles, Chicago and Seattle, with strike action set to spread each day and,
  
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• Taxpayers may need to bail out Sadiq Khan’s London housing fund, say auditors

  20-12-2024 14:12 via theguardian.com
  
  GLAP missed repayment deadlines for £300m loan and concerns raised over poor managementTaxpayers may be forced to bail out Sadiq Khan’s London housing fund, after it repeatedly missed repayment deadlines for a £300m loan and its auditors raised concerns over poor management.The London mayor’s property development vehicle, known as Greater London Authority Land and Property Limited (GLAP), inherited the £300m debt when it was formed under Boris Johnson in 2012, after
  
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• Martin Lewis issues urgent warning to anyone with 1p or more on credit card

  20-12-2024 13:48 via express.co.uk
  
  Money Saving Expert Martin Lewis warned people never to leave even 1p on a credit card.
  
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• Hit TV show, tick. Millions for lawyers, tick. Now could we manage some actual justice for the subpostmasters? | Marina Hyde

  20-12-2024 13:47 via theguardian.com
  
  The ‘big people’ implicated in this disgraceful run of events need to pay their dues. Britain needs it – and demands itIn her closing statement to the Post Office inquiry this week, Paula Vennells once again added the brutal murder of irony to her list of failings. Or as the former CEO’s lawyer put it: “She has no desire to point the finger at others.” Oh, Paula. Great to hear your pointing finger has finally been decommissioned – but it’s many yea
  
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• Inheritance Tax grab raises an extra £600 million - how to cut the bill

  20-12-2024 13:29 via express.co.uk
  
  A decision to extend inheritance tax means the number of estates hit by the death tax is on course to rise from one in 20 to one in 20
  
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