Finance news

• Birmingham to settle equal pay claim that tipped council into bankruptcy

  09-12-2024 22:08 via ft.com
  
  Payout likely to be lower than original top-end estimate of £760mn which has led to steep service cuts and asset sales
  
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• Reeves calls on EU to give greater access for City of London

  09-12-2024 19:16 via ft.com
  
  Plea comes in first appearance by a UK chancellor at a Euro finance meeting since Brexit
  
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• BoE warns that hedge funds bring ‘vulnerabilities’ to gilt market

  09-12-2024 19:16 via ft.com
  
  Deputy governor Ramsden says leverage and concentration in certain funds could lead to ‘system-wide risks’
  
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• HMRC sending tax warning letters to anyone earning over £1,700

  09-12-2024 15:51 via express.co.uk
  
  From January online platforms like eBay, Vinted, Airbnb and Just Eat will start sending records of your income directly to the taxman.
  
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• DWP leaves thousands of savers waiting months for their pension cash

  09-12-2024 15:39 via express.co.uk
  
  Thousands of pensioners who have tried to transfer savings out of overseas investments have been left waiting for their cash over 'money laundering' fears.
  
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• State Pension age change compensation update for WASPI women

  09-12-2024 15:21 via express.co.uk
  
  The update could come as 'soon' as next week.
  
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• England house prices ‘affordable’ only for richest 10% in 2022-23

  09-12-2024 15:08 via ft.com
  
  Office for National Statistics data highlights property market pressures
  
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• Five easy ways to make quick cash before Christmas

  09-12-2024 13:18 via express.co.uk
  
  A financial expert has shared her top tips, ahead of what is a very expensive time of year for many.
  
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• Barclays update as letters go out to customers about ‘removing’ £3,000 allowance

  09-12-2024 13:16 via express.co.uk
  
  One customer received two letters from the bank about changes to their account.
  
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• HMRC savings limit warning as £10,000 puts account at risk

  09-12-2024 13:13 via express.co.uk
  
  Savers have been warned they could face a tax charge against their account from HMRC.
  
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• Pensioners claiming in these years can boost State Pension with HMRC check

  09-12-2024 13:04 via express.co.uk
  
  If you were claiming one type of benefit in certain years extra cash can be added to your pension pot with a simple HMRC check.
  
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• State pension backpayment alert for 370,000 - ‘don’t ignore this letter’ to boost income

  09-12-2024 12:35 via express.co.uk
  
  HMRC has been writing to people since last autumn to inform them they could be being underpaid their state pension.
  
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• Rachel Reeves shoots economy in foot AGAIN as Budget triggers jobs meltdown

  09-12-2024 12:30 via express.co.uk
  
  This morning we learned that businesses stopped hiring the moment chancellor Rachel Reeves made it more expensive to employ staff. Who expected that?
  
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• Bank boosts interest on savings account to 4.52% and earns 'excellent' rating

  09-12-2024 11:44 via express.co.uk
  
  The new savings deal may appeal to people looking for a "competitive" return over the next three years, an expert has said.
  
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• DWP update as State Pension errors leave thousands underpaid

  09-12-2024 11:37 via express.co.uk
  
  The DWP has been working hard to correct a historical state pension error that means some 119,050 pensioners are owed money.
  
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• State pensioners missing out on Winter Fuel Allowance urged to claim new £200 payment

  09-12-2024 10:03 via express.co.uk
  
  The payment is "specifically for people in need" who will not receive the DWP's Winter Fuel Payment this year.
  
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• DWP update as state pensioners to get £108 boost if they retired after this date

  09-12-2024 09:00 via express.co.uk
  
  Those who retired after a certain year and are on the new state pension can anticipate an additional £108 a year.
  
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• The benefits and limits of privatisation

  09-12-2024 06:00 via ft.com
  
  We can draw important lessons from the UK’s varied experience
  
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• Ofwat paid consultants that also worked for water groups

  09-12-2024 06:00 via ft.com
  
  Embattled regulator for England and Wales faces accusation over conflict of interest
  
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• Ofwat employed consultants that also worked for water groups

  09-12-2024 06:00 via ft.com
  
  Embattled regulator for England and Wales faces accusation of conflict of interest
  
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• Demand for staff sinks to four-year low in UK

  09-12-2024 01:01 via ft.com
  
  Tax rises spread gloom over pre-Xmas jobs market, recruiters report in November
  
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