Finance news

• Millions in UK face loan repayments battle as cost of living rises

  16-05-2023 23:31
  Regulator reveals 10.9mn people reported struggling to meet bills and credit payments this month
  
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• Tax code 1257L is most common tax code - how to check you’re paying right amount

  16-05-2023 20:34 via express.co.uk
  
  A person's tax code determines how much tax and some people's tax code may have changed going into the new tax year.
  
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• Capita hit by new data breach incident

  16-05-2023 19:36
  Colchester Council accuses outsourcer of ‘unsafe storage of personal data’
  
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• Santander issues warning over scam text - how to spot a message may be fake

  16-05-2023 18:14 via express.co.uk
  
  A person contacted the bank after they received a text message they suspected was a scam.
  
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• Nurses union chief to meet UK health secretary amid pay dispute deadlock

  16-05-2023 17:34
  Royal College of Nursing’s Pat Cullen says she will ‘state the case’ for her members to Steve Barclay
  
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• Europe's tax rates compared with UK now among highest

  16-05-2023 17:09 via express.co.uk
  
  Earning £1million in a year in the UK would land you a £436,000 tax bill, while for the same income in Montenegro, you'd pay roughly £150,000 less.
  
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• Mum, 34, went from sleeping on floor to owning £1.59million real estate portfolio

  16-05-2023 16:39 via express.co.uk
  
  With her $2million real estate portfolio, she now resides in her dream home with her husband and son in the Atlanta suburbs.
  
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• Universal Credit claimants to get payment boost from today - full list of new rates

  16-05-2023 16:11 via express.co.uk
  
  Universal Credit increased 10.1 percent from the start of the new tax year along with many other benefits.
  
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• ‘I set up an ice cream shop with my mum - I’m now earning £183,000 a year'

  16-05-2023 15:22 via express.co.uk
  
  Family businesses can turn out to be extremely lucrative endeavours which bring in millions.
  
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• Martin Lewis' ‘urgent’ plea for pensioners to check if they can get boost worth thousands

  16-05-2023 15:12 via express.co.uk
  
  Money Saving Expert Martin Lewis warned ITV viewers they also have "two days" left to claim Pension Credit in time to receive a cost of living payment, if eligible.
  
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• Over 60s can get discount on their supermarket shop today

  16-05-2023 14:09 via express.co.uk
  
  People aged over 60 can get a 10 percent discount off their groceries and other supermarket items when they shop at Iceland today.
  
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• Widow ‘frantic' to see account is £79billion overdrawn: 'Keep close eye on your accounts'

  16-05-2023 12:54 via express.co.uk
  
  Many people end up in going into their bank account's overdraft but some learn they are in it by a substantial amount.
  
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• 'Can't live on £8k a year!' Fury as basic state pension falls short despite record hike

  16-05-2023 12:01 via express.co.uk
  
  Older pensioners who retired on the basic state pension say their income is falling behind the new state pension every year even though the triple lock has been restored.
  
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• UK competition tsar calls for crackdown on utilities ‘ripping off’ customers

  16-05-2023 11:40
  Shareholders in water and energy monopolies should receive steady but unspectacular returns, says government adviser
  
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• Landsec boss warns of ‘higher for longer’ interest rates

  16-05-2023 11:22
  UK landlord’s portfolio value drops nearly 8% as it swings to loss
  
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• UK wage growth shows little sign of easing

  16-05-2023 08:38
  Increase in public sector earnings hits 20-year high of 5.6%
  
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• High Court judges invested in tax avoidance schemes

  16-05-2023 06:00
  One of the five judges identified by the FT has ruled on tax avoidance cases
  
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• Robots to take over shopping as Gen-Z are happy to let AI take their measurements

  16-05-2023 01:01 via express.co.uk
  
  Global payments and shopping service, Klarna will introduce AI personalisation.
  
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• Freeze on income tax thresholds set to snare 1 in 7 UK adults

  16-05-2023 01:01
  About 7.8mn people will be paying the 40p rate originally intended for high earners by 2027-28, think-tank calculates
  
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