Financial news

• Leasehold reforms face more delay due to Tory flaws, minister says

  21-11-2024 20:31
  Matthew Pennycook says Labour must close loopholes in changes to rules in England and Wales passed by GoveLong-awaited reforms to the leasehold system in England and Wales have been delayed for several months due to “flaws” in legislation passed by the previous Conservative government, the housing minister has said.Matthew Pennycook told the Commons it would take longer than expected to bring into force reforms originally passed by the former housing secretary Michael Gove in the dyi
  
  Read more

• Farmers aged 80 and above could get exemption from inheritance tax

  21-11-2024 19:48
  
  Exclusive: Government looks at changing rules so older farmers do not have to live for seven years after making a gift to avoid the taxNew inheritance tax rules for farmers could be changed to make it easier for those 80 and over to hand down their farm without it incurring the tax, in what would be a partial climbdown by the government after a bruising row with farmers and a huge protest march in Westminster on Tuesday.The Treasury is understood to be assessing the impact of changes, including
  
  Read more

• NatWest pushes up mortgage rates as banks turn screw on home buyers

  21-11-2024 18:51 via express.co.uk
  
  The decisions come against the background of the October budget
  
  Read more

• Water watchdog is chasing its tail on executive bonuses | Nils Pratley

  21-11-2024 18:42
  Ofwat hasn’t stopped recipients getting their bonuses but its increased powers in other areas are meaningfulNew rules on bonuses are “beginning to bite”, the regulator Ofwat has said as it detailed how nine water companies would “not be using customers’ money” to fund a total of £6.8m of payments to executives. Really? Who is being bitten?Not the executives because, as Ofwat’s careful phrasing indicated, they will still get their lolly. It’s
  
  Read more

• Advertisement

• British Gas boss ‘delighted’ as customers offered £456 a year off energy bills

  21-11-2024 18:14 via express.co.uk
  
  British Gas' parent company's CEO is 'delighted' at the savings he will see passed to his customers.
  
  Read more

• Bus fare rise is just the ticket for public | Brief letters

  21-11-2024 17:58
  
  Fare play| Priced out | Laughter as medicine | Tourist labels | Health checkAs a non-driver and bus user all my life, I can understand why the government has raised the bus fare cap to £3. Anyone who has used buses for a long time knows that this is still cheaper than it’s been for years in most areas. I suspect most people asked about the rise (Editorial, 20 November) were not bus users or had bus passes.
  Trevor HopperLewes, East Sussex• Anyone who thinks raising the bus fare c
  
  Read more

• UK households urged to check for six digits on statement for free £25

  21-11-2024 17:53 via express.co.uk
  
  Cold Weather Payments are triggered in bouts of very cold weather.
  
  Read more

• State pensioners have weeks left to get £300 Winter Fuel Payment and £11,314 benefit

  21-11-2024 17:48 via express.co.uk
  
  State pensioners have just weeks left to get a £300 payment before the deadline closes for good.
  
  Read more

• Advertisement

• UK households given £7,500 up front with £100 more each year

  21-11-2024 17:33 via express.co.uk
  
  Households with a heat pump could save around £100 a year compared to a gas boiler.
  
  Read more

• British Gas to give anyone £65 credit - but you'll need to act quickly

  21-11-2024 17:01 via express.co.uk
  
  The credit will be available to both new and existing customers who buy an eligible Samsung appliance between now and the end of February 2025
  
  Read more

• State pensioners issued one month warning to get £300 from DWP

  21-11-2024 16:46 via express.co.uk
  
  Pensioners only have weeks left to secure this year's Winter Fuel Payment.
  
  Read more

• One in four have been convinced to invest in stocks and shares by a mate in the pub

  21-11-2024 16:41 via express.co.uk
  
  A poll of 2,000 adults found 61% have friends who have given them financial advice over a drink despite 75% claiming it's the worst place to get advice when it comes to money
  
  Read more

• Who is Gautam Adani, the Indian billionaire charged in the US over bribery plot?

  21-11-2024 16:25
  
  Adani, widely regarded as one of the wealthiest and most powerful men in India, has close ties to Modi’s government• Gautam Adani charged in US over alleged $250m briberyGautam Adani is widely regarded as one of the most powerful men in India, as well as one of the wealthiest. Born in the western state of Gujarat, one of eight children whose father was a low level textile trader, Adani is seen as a self-made industrialist. At its peak in 2022, Adani’s personal net worth touched
  
  Read more

• EDF Energy giving customers free electricity for Christmas

  21-11-2024 15:48 via express.co.uk
  
  The energy supplier has said it will offer eight hours of electricity for free between 8am and 5pm on December 25.
  
  Read more

• FCA plans to allow lenders longer to respond to car finance complaints

  21-11-2024 11:29
  
  Firms could get up to a year to respond to mis-selling complaints after shock court ruling last monthThe City regulator plans to intervene in the car loan mis-selling scandal, in a move that could give lenders up to a year to respond to the rising number of customer complaints after a shock court ruling.The Financial Conduct Authority has been under pressure to take action after a court of appeal ruling in October said it was unlawful for two lenders to have paid a “secret” commissio
  
  Read more

Follow @financialnwsUK on Twitter!