Category: Finance
Fears of repossession ‘tsunami’ as banks step up home seizures
New Ministry of Justice figures show the number of mortgage possession claims leapt by more than a third to 5,343 in the three months to the end of June. …
HMRC ‘nudge letters’ for investors could see them slapped with major tax bill
Letters will be sent to certain investors this week as part of a Capital Gains Tax crackdown, as an expert advised what to do …
The truth about Labour’s winter fuel raid on ‘wealthy’ pensioners – ‘We need that £200!’
A Waspi woman who gets less than £9,000 a year state pension is furious at the Labour government’s move to axe her winter fuel payment. …
Parents to spend £60 on just one essential item during days out this summer
Research has found that the average family will spend £60 on water bottles on days out this summer, with lack of fountains and ‘overpriced’ bottles to blame. …
Global financial meltdown fears after £40bn plunge in a single day
EXCLUSIVE: An expert has warned of the instability of financial markets due to the abrupt unwinding of yen carry trades. …
First Direct online bank launches huge mortgage rate cuts across 100 products
The bank said it was “absolutely committed” to supporting customers with living costs. …
HMRC plots crackdown on elite earners who could be hit with massive bills
HMRC is concerned that some people in the six figure salary sectors are playing the system to minimise their tax and National Insurance bills. …
HMRC issues new ‘nudge letter’ to people suspected of failing to pay correct tax
Some Britons may “not be fully aware” of this tax obligation and may “get a shock” when the letter hits the doormat. …
DWP issues important update for some Tax Credit recipients
The DWP has issued fresh guidance for eligible Tax Credit claimants over State Pension age, who are due to receive a vital letter in the post …
Octopus Energy to give up to £200 to pensioners after Winter Fuel Payment support narrows
Octopus Energy is offering up to £200 to pensioners in need. …
