Financial news

• HMRC says ‘it’s important’ as tax warning issued

  13-01-2025 20:11 via express.co.uk
  
  UK households could be hit with a £100 penalty.
  
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• State pensioners set for 'automatic' £150 boost after winter fuel change

  13-01-2025 19:57 via express.co.uk
  
  The money will be applied directly to people's bills if they qualify.
  
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• Saba is not a saviour of UK investment trusts. Look at its own miserable record | Nils Pratley

  13-01-2025 19:31 via theguardian.com
  
  To date, US hedge fund has been able to lob insults at targets while escaping detailed scrutinyThe great advantage of hostile takeover battles for public companies is that you get a clean punch-up. The records of both parties – bidder and target – are put in the spotlight. Every claim is tested in open argument over many weeks. At the end of the process, shareholders make an informed choice. Voting turnout is usually high because only the most dozy investors fail to notice what&rsquo
  
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• Octopus Energy giving customers free £50 off energy bills

  13-01-2025 18:32 via express.co.uk
  
  Customers are being rewarded by Octopus with a discount off bills.
  
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• Could AI save the UK economy? – Politics Weekly Westminster podcast

  13-01-2025 18:21 via theguardian.com
  
  Pippa Crerar and Kiran Stacey look at just how serious warnings about the UK’s financial position really are, and what this means for the chancellor, Rachel Reeves. Plus, why the government is hoping AI could be the magic bullet that revives our economyClick here to vote for Politics Weekly UK in the iNHouse Political Podcast Awards’ people’s choice category. Continue reading...
  
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• Now we know who’s running the UK and it’s not Keir Starmer, Rachel Reeves or Angela Rayner

  13-01-2025 18:04 via express.co.uk
  
  Labour's front bench has been taught a humiliating lesson about who's really in charge of the country, because it's not them.
  
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• Be right on the money: four ways to fix your finances in 2025

  13-01-2025 17:00 via theguardian.com
  
  After a few years of financial shocks, our expert explains what to do now ensure your money is fit for the futureThe past few years have taught us that it’s pretty hard to guess what financial shocks are around the corner, so all of this is written with the caveat that 2025 might not go as expected.But assuming we face a bit of stability, we are looking ahead to a time when prices for groceries, energy, homewares and other daily spending will plateau or maybe even go down. Interest rates a
  
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• Everyone with a Tesco Clubcard given free handout from OVO Energy

  13-01-2025 16:46 via express.co.uk
  
  Tesco loyalty members are being handed a major freebie.
  
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• State pensioners urged to claim extra £2,915 payments

  13-01-2025 15:36 via express.co.uk
  
  State pensioners have been urged to claim as much as £2,915 in payments they are entitled to but missing out on.
  
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• People struggling with these 10 tasks could get £434 from DWP every month

  13-01-2025 15:02 via express.co.uk
  
  The DWP provides a payment to help people cover extra living costs.
  
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• My homelessness was temporary. But for many older women like me, a house is becoming out of reach | Susan Francis

  13-01-2025 15:00
  Having your own home, even your own room, equates to freedom and necessary privacy.All older women should have such a placeAt the end of 2014, my husband and I sold every last pot and pan, every stick of furniture we owned – we even sold my house. To fund a year-long adventure overseas. Eight months later, I was forced to return to Australia under terrible circumstances. My husband had shockingly, and unexpectedly, died from a heart attack in Portugal. Obviously, there is no good time for
  
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• Complete simple check to see if you can 'save £100 on heating bills'

  13-01-2025 14:12 via express.co.uk
  
  It's the time of year where lots of us are starting to worry about the price of our bills. After all, we all use our heating more during the colder months.
  
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• Things aren’t all bad: hail the UK customer service heroes of 2024

  13-01-2025 11:00
  Over the past year, in addition to their consumer complaints, readers have asked us to highlight those businesses that went above and beyond to helpIt’s the bad news that tends to capture newspaper headlines and my consumer column is devoted to misery. Spend a year in my shoes and you’ll assume that UK traders are a cartel of con artists. “Broken Britain” is the conclusion of readers who comment. This can be misleading: companies that get it right aren’t a story and
  
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• Pension annuities are back in vogue – here’s how to get the best value

  13-01-2025 08:00 via theguardian.com
  
  It can provide peace of mind with a guaranteed retirement income, but choose carefullyAnnuities aren’t sexy, but they are definitely having a moment. Sales are on the up, and more people look likely to take one out after changes to inheritance tax on pensions announced in October’s budget. Continue reading...
  
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• UK low- to middle-income families far poorer than OECD counterparts – study

  13-01-2025 06:00
  
  Britons 39% worse off than Dutch equivalent due to housing costs 44% higher than western European averageLow- to middle-income families in Britain are far poorer than their counterparts in western Europe because of sky-high housing costs, according to an analysis by the Resolution Foundation.The thinktank said that while prices in the UK were 8% higher than the average in the 38 member countries of the Organisation for Economic Cooperation and Development (OECD), less well-off Britons were more
  
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• The inspiring scientists who saved the world’s first seed bank – podcast

  13-01-2025 06:00 via theguardian.com
  
  During the siege of Leningrad, botanists in charge of an irreplaceable seed collection had to protect it from fire, rodents – and hunger. By Simon Parkin Continue reading...
  
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• Arowana recognised among Real Leaders’ Top Impact Companies for 2025

  13-01-2025 01:30 via globenewswire.com
  
  Arowana ranks in the top 50 impact companies globally for the 6th year in a rowFor 2025 onwards, Real Leaders Top Impact Companies competition rules apply a stricter criteriaRecognition reflects Arowana’s commitment to its core purpose and status as a leading B Corp LONDON, Jan.12, 2025(GLOBE NEWSWIRE) -- Arowana, the leading B Corporation-accredited global investment firm, is pleased to announce that it has been named as one of the 2025 Real Leaders Top Impact Companies, a testament
  
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• Property sellers in England and Wales ‘make lowest return in a decade’

  13-01-2025 01:01
  
  Cash profit on a sale falls for second year in a row, to below £100,000, finds HamptonsSellers in England and Wales made less than £100,000 profit on the sale of their home last year, or just over 40% – the lowest return in a decade – according to the estate agent Hamptons.It was the second annual fall in a row in terms of cash profit after the market hit a peak in 2022 when the average gain hit almost £113,000 compared with £91,820 last year. The average cash
  
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• One in six UK workers skipping meals to make ends meet, says TUC

  13-01-2025 01:00
  
  Trade unions body finds 17% have skipped meal in past three months, and as many as 10% do so most daysAs many as one in six workers in Britain are skipping meals to make ends meet as households remain under pressure from the higher cost of groceries, energy and other essentials.Highlighting the impact of the cost of living crisis on working households, figures from the Trades Union Congress (TUC) showed 17% of full- or part-time workers had skipped a meal to reduce their spending in the past thr
  
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