Financial news

• Up to 100 Labour MPs could vote against Waspi payout refusal

  18-12-2024 23:16
  
  Lib Dems may force vote on refusal to compensate women, which has angered many backbenchersUp to 100 Labour MPs could vote against the government’s decision to rule out spending £10bn compensating Waspi women if a vote is held, encapsulating the fury on Keir Starmer’s own benches, the Guardian has been told.The work and pensions secretary, Liz Kendall, announced on Tuesday there would be no compensation for women born in the 1950s who were not aware of changes to the state pens
  
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• ‘It’s undemocratic’: Waspi women on the decision not to pay compensation

  18-12-2024 16:43
  
  Some are questioning loyalty to Labour while others say move is unconstitutionalHilary Simpson is fed up with being asked how she feels about the government’s failure to tell her that the pension age had changed and its refusal to compensate her.“It’s abundantly clear how we’re all feeling,” she said “Campaigners have given endless interviews, spelling out the devastating effects of the initial injustice – and now the government has said it won’t c
  
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• ‘If 1.5m Germans have them there must be something in it’: how balcony solar is taking off

  18-12-2024 16:14
  
  Balcony solar panels can save 30% on a typical household’s electricity bill and, with vertical surface area in cities larger than roof space, the appeal is clearThey are easy to install, and knock chunks off electricity bills. It may not be Romeo and Juliet, but Spain’s balcony scene is heating up as the country embraces what has hitherto been a mainly German love affair with DIY plug-in solar panels.Panels have already been installed on about 1.5m German balconies, where they are so
  
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• Who are the ‘Waspi women’ and why do they feel betrayed over pensions?

  18-12-2024 15:53
  
  How women born in the 1950s have lost out in changes to the UK state pension age – and what happens nextThe UK government has stirred up a hornet’s nest with its decision to deny compensation to what could be millions of “Waspi women”.The women are said to have lost out because of government failings in the way changes to the state pension age were communicated. Continue reading...
  
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• Waspi compensation not affordable, Starmer tells Diane Abbott at PMQs – video

  18-12-2024 14:42
  
  Keir Starmer says that 90% of women knew of pension changes in response to a question from Diane Abbott about the decision not to compensate Waspi women. The government accepted the parliamentary and health service ombudsman’s findings earlier this year that pension changes had not been communicated adequately, but rejected its recommendation for a flat-rate compensation scheme paying out between £1,000 to £2,950 to each of the more than 3 million women affectedUK politics live
  
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• Feeling at home? New app lets US homebuyers see neighbors’ politics

  18-12-2024 13:00
  
  Oyssey startup allows users to access neighborhood political affiliations and other social dataAmerica’s political divide is likely to get even wider thanks to a new real-estate platform that lets potential buyers see the political affiliations of their future neighbors, as well as other social data and local demographics.Oyssey, a tech startup launching this month in south Florida and New York City, allows buyers access neighborhood political affiliations based on election results and cam
  
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• Minister apologises for letters wrongly saying benefits being axed

  18-12-2024 12:50
  
  Error caused by flaws in system of eVisas meant people entitled to benefits were told support would be stoppingA minister has apologised after people entitled to benefits wrongly received letters informing them their financial support was being axed, the Guardian has learned.The error was due to flaws in the system of eVisas. Concerns have previously been raised over whether these will work when people travel overseas and then try to return to the UK. The new visas come into force at the end of
  
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• Tell us: are you affected by UK government decision not to compensate ‘Waspi women’?

  18-12-2024 11:24 via theguardian.com
  
  We’d like to hear from women who are affected by Labour’s decision not to compensate women who lost out on pensions because the government failed to notify them of changes to the rulesAre you affected by Labour’s decision not to compensate women who lost out on pensions because the government failed to notify them of changes to the rules?Campaigners for ‘Waspi women’ (Women Against State Pension Inequality) say as many as 3.8 million women born in the 1950s were lef
  
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• Rachel Reeves: improving services more important than Waspi women payout

  18-12-2024 10:06
  
  Chancellor says high cost of compensation cannot be justified because most of women affected had known pension changes were comingImproving public services is a higher priority than spending £10bn compensating Waspi women, the chancellor, Rachel Reeves, has said, as MPs and campaigners criticised the decision to reject the watchdog’s recommendation for a flat-rate compensation scheme.Her comments came after campaigners accused Labour of hypocrisy for having promised to compensate wom
  
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