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The Latest Breaking News on Personal Finance

Scottish energy bills to rise in April following Ofgem price cap announcement

ENERGY bills for millions of households are to rise from April 1 when Ofgem increases its price cap for a third consecutive quarter.

The National (Scotland) · Feb 25, 2025

Household energy bills to rise by 6.4% from April 1, Ofgem says

It is the third time in a row that the regulator has increased the price cap for households on a standard tariff.

Evening Standard · Feb 25, 2025

Energy bills to go up after third straight price cap rise - here’s what you need to know

The new price cap is set at £1,849 - it had been feared to be rising even further in April

The Independent UK · Feb 25, 2025

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Energy bills set to rise by average of £111 to £1,849 a year from April

Latest hike in prices blamed on higher wholesale energy prices by regulator Ofgem

Evening Standard · Feb 25, 2025

Millions more families would qualify for energy bill discounts in new proposals

The Government is consulting on offering more support to UK consumers in a bid to deal with an ‘unpredictable international energy market’.

Evening Standard · Feb 25, 2025

Households expect to learn that energy bills will rise again

Bills are forecast to rise because of an increase in the cost of gas across Europe, as Ofgem reveals the new energy price cap on Tuesday.

Evening Standard · Feb 24, 2025

Mind the gap: why filling the holes in your NI record could pay dividends

Voluntary contributions of about £800 to £900 for each missing year could boost your state pension by thousands

The Guardian - UK · Feb 24, 2025

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Five Retirement Myths vs the Reality

Believing these myths about retirement could set you down the wrong path. Separating fact from fiction can help you approach your retirement with confidence.

Kiplinger · Feb 23, 2025

How Federal Retirees Can Make SSFA Repeals Work for Them

From higher Social Security benefits to increased spousal and survivor benefits, federal employees have much to gain from the Social Security Fairness Act.

Kiplinger · Feb 23, 2025

How to Avoid These Five Costly Tax Mistakes That Many Retirees Make

Making incorrect assumptions about tax brackets, tax-loss harvesting, charitable giving, estate taxes and more can cost you big-time in retirement.

Kiplinger · Feb 22, 2025

Social Security Fairness Act Adds to Pressure on Safety Net

While the law seeks to level the playing field for many federal employees, the sustainability of the Social Security system is now facing even more challenges.

Kiplinger · Feb 22, 2025

What to talk about with your partner before opening a joint bank account

Having these three conversations could help you to avoid pitfalls down the road

The Independent UK · Feb 21, 2025

Cash ISA limit could be cut to £4,000 as Rachel Reeves ponders overhaul

The current limit is £20,000 across all ISA types per person

The Independent UK · Feb 20, 2025

This Boring Retirement Income Source Has Big Tax Benefits

Don't ignore this retirement income source, especially if you are wealthy or need portfolio diversification.

Kiplinger · Feb 20, 2025

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Bored Panda · Feb 20, 2025

64 Times Architects Made Epic Fails That Are Shockingly Bad

This is a friendly reminder to always make sure the architect you hire is actually a professional! The post 64 Times Architects Made Epic Fails That Are Shockingly Bad first appeared on Bored Panda.

International Business Times UK · Feb 19, 2025

IRS Layoffs Amid Trump's Federal Workforce Reduction Could Delay 2025 Tax Refund Schedule

Donald Trump could terminate almost 16,000 recently hired IRS employees next week, in the middle of the tax season, as part of the broader federal downsizing spearheaded by Elon Musk.

Salon · Feb 19, 2025

Why aren't we using 401(k) plans?

Access to the retirement plan has grown, but 40% of the U.S. workforce isn't saving enough

Kiplinger · Feb 19, 2025

Rethinking Income When You Retire: No Paycheck, No Problem

When you retire, you'll need to adjust to the reality of depending on assets instead of a regular paycheck. For that, you'll need a new financial strategy.

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news in one place.

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The Independent UK · Feb 18, 2025

How to set and invest your emergency fund

For people who already have high-interest-rate debt, having an emergency fund can help guard against resorting to additional high-cost financing in a pinch

Kiplinger · Feb 18, 2025

Retirees Get a Raise in Their Social Security Benefits

The 2.5% cost-of-living adjustment (COLA) will begin with benefits payable to retired Social Security beneficiaries when their January 2025 payments arrive.

The Independent UK · Feb 18, 2025

Where should you save money after interest rate cut? Best savings accounts for February 2025

The Bank of England cut interest rates this month but you can still earn more than four per cent on your savings

StockNews.com · Feb 17, 2025

3 Dividend Growth Stocks for Long-Term Wealth

Dividend-growth stocks offer steady income and long-term value. With the Fed holding rates and inflation expected to ease, now is an opportune time to invest in companies like AbbVie (ABBV), Energy Transfer (ET), and Cheniere Energy (CQP) that consistently raise payouts. Read more….

The Independent UK · Feb 17, 2025

The £276bn earning no interest in UK bank accounts - and what to do if some is yours

Inflation erodes spending power over time - make sure your money is working for you

Kiplinger · Feb 17, 2025

Are You a High-Income Earner? Three Unexpected Reasons to Save More Than You Think You Should

High-income earners sometimes put off saving because they think they have plenty of time and money to do it later. That's not always the case, though.

The Guardian - UK · Feb 17, 2025

UK savers urged to ‘act now’ and shake off their Isa apathy

With the savings ‘season’ starting early, there are many advantageous deals out there. But for how long?

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