Recent facts from the Department for Work and Pensions (DWP) suggests that extra than eight million humans are presently claiming Universal Credit (UC). Yet a lot of those claimants are unaware that they might qualify for a government-subsidized bonus really well worth up to £1,200, designed to inspire saving and aid long-time period monetary stability. … Read more
A new replace to the Motability Scheme is predicted to be introduced subsequent week, affecting those who presently declare PIP (Personal Independence Payment) or ADP (Adult Disability Payment, Scotland). The extrude will in all likelihood effect eligibility, hire agreements, transitional support, and the method for preserving or returning cars beneathneath the scheme. What is the … Read more
A strong campaign is gaining attention in the UK. It asks the government to increase the State Pension to £549 per week for everyone aged 60 and above, including British pensioners living abroad. Led by campaigner Denver Johnson, the petition has already collected over 22,649 signatures, showing growing public support. If it reaches 100,000 signatures by 26 May 2025, it could … Read more
In 2025, the UK government has introduced one of the most notable changes to pensioner taxation in years — the State Pensioner Tax-Free Allowance has been increased to £20,000 per year. This change means that millions of retirees will be able to receive more income before paying any tax, a significant boost amid the rising cost of living. In … Read more
With the cost of living climbing across the UK, pensioners are facing increasing pressure. From soaring energy bills to the price of everyday essentials, managing finances has become more challenging for many older people. In response, the government is preparing a £720 pension support payment, likely to be announced in the Autumn Statement 2025. This … Read more
Friends, In today’s fast-paced, digitally-driven world, how we move money matters more than ever. Recognising this, the Bank of England is preparing to overhaul one of the most critical pieces of the UK’s financial infrastructure—its core payment system. The aim? To deliver faster, safer, and more innovative payment experiences that match the demands of modern … Read more