Financial news

• Pensioner tax warning as HMRC lines up ‘formidable’ powers and may 'seize possessions'

  30-04-2024 16:46 via express.co.uk
  
  Pensioners are paying more tax than ever before and their numbers are set to grow. A tax expert is warning that HMRC is not to be messed with, no matter who you are.
  
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• Nationwide stops lending on some flood-risk properties

  30-04-2024 16:31
  
  Banks may follow suit after UK weather-related claims on home insurance reach new highBritain’s biggest building society has stopped granting mortgages on some properties where there is a high risk of flooding but said this affected only “a very limited number” of homes.Nationwide’s head of property risk, Rob Stevens, said the lender used mapping technology to identify which homes were vulnerable to flooding, and it would decline to grant a mortgage to buy a property it d
  
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• Seven DWP PIP benefits crackdown changes from scrapping payments to NHS 'proof letter'

  30-04-2024 16:14 via express.co.uk
  
  The DWP is looking at changing PIP rules in seven key ways from using NHS doctor's notes to prove health conditions to scrapping payments.
  
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• How to save money and energy with a simple trick that will take you seconds

  30-04-2024 16:08 via express.co.uk
  
  In an era where sustainability is paramount and every penny counts, homeowners are constantly seeking ways to trim expenses while reducing their environmental footprint.
  
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• Government update on energy bills support for carers - could you boost your income?

  30-04-2024 15:58 via express.co.uk
  
  Carers have been encouraged to check if they can claim any benefits to increase their income.
  
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• Lloyds and RBS bank customers law change as UK Government issues new rules

  30-04-2024 14:21 via express.co.uk
  
  Customers of Lloyds and RBS banks will be boosted by a law change from UK government
  
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• 'Dark day' as NHS prescription charges to rise to almost £10 per item in England

  30-04-2024 13:57 via express.co.uk
  
  Critics are slamming the NHS prescription charge increase as a "tax on the working poor".
  
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• HMRC issues warning to 730,000 tax credit customers as payments could stop

  30-04-2024 13:39 via express.co.uk
  
  Hundreds of thousands of tax credit claimants will need to reply to HMRC or risk losing their payments.
  
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• The £5 coffee is coming – but should we swallow it?

  30-04-2024 10:20
  
  A large takeaway flat white will already set you back £5.19 in London and other cities aren’t far behind. If cafe owners aren’t getting rich off our caffeine habit, who is? It was one of those London museum cafes where buggies block the entrance and children trail veggie straws across the floor. The queue of parents stretched to the door and the staff appeared frazzled. I ordered an iced oat milk latte. “That will be £4.50,” said the server. I remember the sen
  
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• Budget brands and free samples: eight ways to cut the cost of your skincare

  30-04-2024 09:00
  
  Take advantage of refills, dupes of high-end products and sharing with your partnerThere are plenty of ways to reduce the cost of your skincare routine – from everyday moisturisers to potent serums. Continue reading...
  
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• BT’s Digital Voice has cut off my mother’s vital landline

  30-04-2024 08:00
  
  She switched to the service and has now been left without the internet or a working phoneIn January, BT somehow managed to convince my 75-year-old mother that it would be a good idea for her to switch her landline over to its new Digital Voice service. As far as I can see, she has been overcharged ever since.And then it got worse. After an engineer’s visit a week ago, she was left without a working phone line or access to the internet. She lives on her own and has a heart condition. She is
  
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• Secret Thatcher-era memo undermines Sunak’s plan to scrap national insurance

  30-04-2024 07:00
  
  Former chancellor Nigel Lawson, who PM cites as inspiration, warned merging NICs with income tax would ‘create many losers’A secret, unpublished memo from Margaret Thatcher’s tax-cutting chancellor Nigel Lawson warned against merging national insurance and income tax because it would “create many losers” including pensioners.The advice in the memo will be a blow to Rishi Sunak, who has said it is his ambition to scrap the tax on workers. He has called Lawson a &ldqu
  
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• The stream of plastic pollution: could a global treaty help us turn off the tap? – podcast

  30-04-2024 06:00
  
  Guardian Seascapes reporter Karen McVeigh tells Madeleine Finlay about a recent trip to the Galápagos Islands, where mounds of plastic waste are washing up and causing problems for endemic species. Tackling this kind of waste and the overproduction of plastic were the topics on the table in Ottawa this week, as countries met to negotiate a global plastics treaty. But is progress too slow to address this pervasive problem?Read more about Karen McVeigh’s trip to the Galápagos I
  
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• Average rents in Great Britain climb to record high

  30-04-2024 01:01
  
  Tenants typically asked to pay £1,291 a month outside London and £2,633 in capital but pace of growth is slowing, say analystsAverage private rents in Great Britain have risen to record highs, with annual rental growth in hotspot locations such as Reading and Coventry running at almost 20%.Data from the property website Rightmove shows that the average advertised rent outside London climbed to a record £1,291 a calendar month in the first quarter of 2024. That is 8.5% higher th
  
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• Card Factory to pay first dividend since Covid hit after profits soar

  30-04-2024 01:00 via express.co.uk
  
  Cards and gifts retailer Card Factory is to pay its first dividend since the Covid-19 pandemic hit, after seeing its profits rocket and it repaid its debts.
  
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