Financial news

• Electricity customer finally receives £6,000 settlement after battling billing error

  21-05-2023 23:01 via express.co.uk
  
  A customer's year-long battle for accurate electricity bill ends in £6,000 settlement.
  
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• Cruel scammers 'fatten up' victims with promise of love

  21-05-2023 22:19 via express.co.uk
  
  One person lost £107,000 to pig butchering after believing she was investing in retirement apartments.
  
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• Should we trust private companies with government secrets? – podcast

  21-05-2023 17:00
  
  Consultants at PricewaterhouseCoopers used government secrets to help clients in Australia and the US avoid tax – a scandal that has forced resignations and threatens contracts worth hundreds of millions. The federal government has been warned to reconsider its relationship with the consulting industry, which rakes in billions from the government each year.Reporter Henry Belot on how a series of secretive emails marked “for your eyes only” exposed this scandal, and the governme
  
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• Concerns over price rises for period products despite removal of tampon tax

  21-05-2023 15:00
  
  Campaigners say saving is not being passed on by retailers after double digit price riseThe Treasury is analysing whether the removal of the “tampon tax” – trumpeted last week by Rishi Sunak as one of the benefits of Brexit – has helped lower prices at all, amid concerns the saving is not being passed on by retailers to women.Responding to a written question from the Labour MP Ruth Cadbury, the government said a tax reduction was able to “contribute to the condition
  
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• Jess Phillips: ‘People rely on someone they love to die to afford a place to live’

  21-05-2023 14:00
  
  Over lunch, the MP and shadow minister explains why Labour needs to get angrier about health, homes and justice – and tells of her long family connection to one Birmingham chippyBedders is a precinct fish and chip shop beside a busy traffic island in Small Heath in Birmingham. It is not quite in Jess Phillips’s constituency, but she hopes she might claim it in the next round of boundary changes. Sitting in its back room, with a plate of cod, chips and mushy peas and a cup of builder&
  
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• TV licence fee payers could be eligible for 50% or 100% discount - check now

  21-05-2023 09:00 via express.co.uk
  
  Britons are urged to take advantage of TV licence discounts up to 100 percent as the BBC licence fee looks set to go up by £13.
  
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• How to take a super-low budget holiday

  21-05-2023 09:00
  
  From pet sitting and home swaps to planning ahead, be flexible and grab the best deals … fastYour holiday dreams may have been put on hold as household bills soar but there are creative ways to book a break on a super-low budget if you are willing to think outside the box. Continue reading...
  
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• Millions of unpaid carers missing out on extra £2,494 a year outside DWP benefit

  21-05-2023 08:01 via express.co.uk
  
  Carers are facing significant financial burdens coupled with mental health worries as the cost of living crisis continues.
  
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• The Observer view on immigration: it’s time for Tories to admit that Britain needs foreign workers | Observer editorial

  21-05-2023 07:31
  
  While the public mostly take a pragmatic view, some politicians are still pursuing selfish agendasImmigration has long been a fraught area of political discourse. Legitimate discussions about its benefits and disadvantages have always had the potential to be co-opted by ethno-nationalists in service of racism. For populist politicians looking to distract from or find scapegoats for their domestic failures, immigrants and asylum seekers can be an easy target.From Enoch Powell’s “river
  
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• Mum explains how she saved over £650 ‘without even noticing’

  21-05-2023 05:01 via express.co.uk
  
  Amid the cost of living crisis, frugal savers have been taking to social media to try out money-saving trends, and see if they are really worth following.
  
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• 'It's a struggle': Woman 'in shock' after being left with £8,000 funeral cost

  21-05-2023 05:01 via express.co.uk
  
  EXCLUSIVE: The average cost of dying is £9,200, however, many Britons are unaware of how they will be able to afford a loved one's funeral once they pass away.
  
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• ‘I turned £2,000 into a global business worth £20million - it started with a broken fork’

  21-05-2023 05:01 via express.co.uk
  
  EXCLUSIVE: Cat Dodd, 43, turned £2,000 into a global children's cutlery business, now worth £20millon.
  
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• How to beat the '60% tax trap' and make the most of your pension

  21-05-2023 05:01 via express.co.uk
  
  Salary Sacrifice can be an effective way to beat the dreaded 60 percent tax trap and retain wealth, an investment expert has explained.
  
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• Woman shares how she's slashing her £6,000 debt despite being on low income

  21-05-2023 05:00 via express.co.uk
  
  She was able to come to an agreement with her debtors and now keeps track of her daily costs to monitor her spending, she told Express.co.uk in an exclusive interview.
  
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• Mortgage warning as homeowners face ‘difficult’ choice - how to get the best deal

  21-05-2023 05:00 via express.co.uk
  
  Mortgage repayments could continue to increase as the Bank of England is expected to increase the base interest rate again, experts have exclusively told Express.co.uk.
  
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• Inflation is on the wane, but a longed-for sharp drop is far from in the bag

  21-05-2023 01:05
  
  Energy bills and a tight labour market continue to cloud predictions of a steep decline by the end of the yearTo tackle inflation, the Bank of England is keeping a close eye on the UK’s tight jobs market, ultra-high energy prices and the crippling cost of food.These are the three main factors that have sent inflation rocketing over the last 18 months. The question is, has Britain reached a turning point and how quickly will inflation fall? Continue reading...
  
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