Income tax threshold raise to £20k update as plan passes huge barrier | Personal Finance | Finance

MPs are set to consider a significant rise in key income tax thresholds, proposing an increase to £20,000 after public support for a petition skyrocketed. The campaign on the Parliamentary…

UK households can add £7,200 to pensions and avoid inheritance tax | Personal Finance | Finance

Saving for retirement may seem like a distant problem that you don’t need to worry about just yet, but the earlier you start putting pennies away the better off you’ll…

BBC hits more than 40million Brits with ‘enforcement letters’ | Personal Finance | Finance

The BBC is seemingly doubling down on its efforts to enforce TV licence fees, with experts interpreting recent data as signs of the BBC‘s increasing desperation for funding. In the…

State pensioners born before 1959 can add extra £5,644 to pension with DWP benefit | Personal Finance | Finance

State pensioners born before 1959 can add up to £5,644 extra per year to their pension pot with a little-known benefit. Attendance Allowance is a benefit that helps people with…

Bereaved parent goes to court over £16k UK benefit discrimination claim | UK | News

Two bereaved parents have filed a case at the European Court of Human Rights over claims related to the widowed parent’s allowance. The two parents, who both lost partners, said the…

Rachel Reeves could be forced to face MPs as tax allowance revolt soars | Personal Finance | Finance

The battle to prompt Chancellor Rachel Reeves to hike the ‘draconian’ income tax personal allowance from its minimum of £12,570 to £20,000 has reached a pivotal milestone. The online campaign…

Homeowners on this type of mortgage told they could switch and save £5k | Personal Finance | Finance

The difference between the main high street mortgage lenders’ standard variable rate (SVR) and their fixed rate deals could be costing borrowers, an expert has warned. The average offer for…

DWP benefits claimants could be owed £5,000 after legal challenge | Personal Finance | Finance

Thousands of people on Department for Work and Pensions (DWP) benefits might be owed significant sums of money. Those claiming disability benefits could receive a windfall of £5,000 from the…

AI brings to life Gen Z and Millennials’ retirement dreams | Retirement | Finance

A striking 70% of Gen Z and Millennials worry about being able to retire comfortably, and 69% anticipate working well past the retirement age, according to new research. Despite these…

Martin Lewis explains what interest rate cut means for mortgages | Personal Finance | Finance

News that the Bank of England has cut the base interest rate to 4.5% might seem like good news – but what exactly does it mean for your wallet? Money…