Category: Finance
Warning DWP payment reforms for parents face delays as deadline extended
Consultation on Child Maintenance Service reforms has been extended under the new administration ‘as part of broader efforts to address child poverty’ …
Government responds to calls to extend free NHS prescriptions
People with conditions such as epilepsy and cancer can get their prescriptions for free. …
Martin Lewis issues warning to thousands of pensioners missing out on major cash boost
The benefit is worth £1,000s and you must claim it to qualify for this year’s £300 winter fuel payment. …
Eurozone inflation rises unexpectedly as ECB rate cut decision looms
Rate-setters are closely monitoring developments in services inflation, considered a more accurate measure of domestic price pressures than the headline number. …
Schroders and Phoenix Group team up to launch £1bn private markets manager
The new group will invest across various private market sectors and aims to expand to other financial groups. …
Interest rates could be cut by Bank of England in hours – here’s why
The Bank of England’s Monetary Policy Committee is due to make a key decision. …
HSBC announces robust first half with £16.8 billion pre-tax profits
The banking giant said it was confident it had the right strategy to grow revenue, even in a lower interest rate environment, and provided new guidance of a mid-teens return on average tangible equity in 2025. …
Warning Winter Fuel Payment cut is a ‘death sentence for pensioners’
The warning has been sounded by leading charities who say it will cause real hardship and threaten health of vulnerable people who cannot afford to keep warm. …
Consumer duty applies to older ‘off-sale’ financial products from Wednesday
The next phase of a duty which puts obligations on financial firms to improve consumer protection standards gets under way from Wednesday. …
Date for settling finance scandal affecting millions of car buyers pushed back
Millions of people were allegedly hit with unfair charges associated with commission imposed on finance deals around vehicle purchases. …