Financial news

• DWP explains when it could take you to court and £300 civil penalties

  05-03-2025 23:54 via express.co.uk
  
  Officials will be able to directly take amounts from people's bank accounts under new powers
  
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• Major Cash ISA update as Labour breaks silence on £4,000 cap

  05-03-2025 23:21 via express.co.uk
  
  Rachel Reeves is thought to be planning to roll out a major change
  
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• Martin Lewis pension alert to anyone earning over £6,396 a year

  05-03-2025 19:11 via express.co.uk
  
  On his ITV show last night, the Money Saving Expert gave a ‘Beginner's Guide to how National Insurance impacts your State Pension".
  
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• Workers’ rights bill overlooks funding for legal advice and tribunal service | Letters

  05-03-2025 18:53 via theguardian.com
  
  Andrew Hillier KC explains why the new rights given by Labour’s planned legislation may prove largely illusory“Trade unions have declared victory as Labour bolstered a string of measures in its workers’ rights bill,” says your report (4 March). However, there are two facts that the government has failed to take on board and the bill fails to address.First, that without union assistance or incurring substantial costs, it is almost impossible to obtain anything more than th
  
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• Brits slam self-checkouts and the 'dehumanised' high street leaving older customers lonely

  05-03-2025 17:34 via express.co.uk
  
  EXCLUSIVE: Nearly half of Brits are more likely to return to a shop if they are served by a human rather than a computer, according to a new poll.
  
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• How I paid off £70k of debt and built a successful business in the process

  05-03-2025 17:32 via express.co.uk
  
  Grandmother Sarah Abel's impulse spending was so out of control she bought a nail salon for £20,000 ‘on a whim' until she realised it held the key to paying off the tens of thousands she already owed
  
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• Cash ISA tax free allowance update as BBC money expert shares verdict

  05-03-2025 16:47 via express.co.uk
  
  There has been intense speculation that the existing £20,000 annual tax-free allowance on cash ISAs will be lowered - possibly to £4,000.
  
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• What is investment fraud and what can victims of scams do to get help?

  05-03-2025 06:30 via theguardian.com
  Britons were cheated out of £56m in the first six months of 2024 alone – and sum is probably higher as many victims do not report their lossesRevealed: the scammers who conned savers out of $35mHow call centre scammers duped 6,000 peopleThe leak of 1m audio files from scam call centres in Georgia shines a light on the ruthless methods used to trick people into fake cryptocurrency investments. The scheme uncovered is a type of “authorised push payment” (APP) fraud which in
  
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• Revealed: the scammers who conned savers out of $35m using fake celebrity ads

  05-03-2025 06:30 via theguardian.com
  
  Georgia-based group used deepfake videos and false news featuring Martin Lewis, Zoe Ball and Ben Fogle to promote fraudulent crypto schemesHow call centre scammers duped 6,000 peopleWhat is investment fraud and what help is there?An organised network operating from the former Soviet state of Georgia has scammed thousands of savers from the UK, Europe and Canada out of $35m (£27m) after they fell for fake celebrity adverts on Facebook and Google that the government promised to outlaw three
  
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• Deepfakes, cash and crypto: how call centre scammers duped 6,000 people

  05-03-2025 06:30 via theguardian.com
  
  Nursing home resident and pensioners among thousands of victims of massive fraud network operating from GeorgiaRevealed: the scammers who conned savers out of $35mWhat is investment fraud and what help is there?Ben Fogle was not a happy man.“Not sure I need to highlight this,” the broadcaster posted on Instagram during the spring of 2024, “but the deepfake of me from [ITV’s] This Morning … circulating on Facebook [and] advertising crypto is a scam.” Continue
  
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