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The Latest Breaking News on Personal Finance

Nearly £1bn of fraudulent Covid grants made to UK firms ‘unlikely to be recovered’

Business department says in annual report that a total of £985m likely to be lost to ‘fraud and error’

The Guardian - UK

People of State Pension age could be due up to £1,051 in cost of living payments this year

A further payment for £299 will be made to eligible older people in Spring 2024.

Daily Record

Younger millennials are savviest with their cash new study shows

The age group were found to be the most likely to try new ways of saving money compared to those younger than them

The Independent UK

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New petition calling for people to earn £20,000 before paying tax due official response

The current standard Personal Tax Allowance threshold is £12,570.

Daily Record

10 ways to get your finances fit for the year ahead

January is the perfect month to review your spending and set new goals for the next 12 months.

Daily Record

Tax code to look out for on your pay slip to avoid being underpaid

According to the Money Saving Expert website, it is the taxpayers responsibility to check that their tax code on their payslip is correct - not their employers or HM Revenue and Customs.

Glasgow Live

Thousands of households to get up to £500 in free cost of living cash this January

As the Household Support Fund is discretionary for each local council, the amount you can get can vary but several are handing out free cash worth up to £500 to help

Daily Mirror

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People earning under £40,000 urged to check if they're missing out on benefits

Lots of households are missing out on support, with one person explaining they are now receiving a cash boost worth £500 per month thanks to a link feature in Martin Lewis' weekly email.

Edinburgh Live

Five reasons you could get a council tax discount, according to Money Saving Expert

Council tax is charged on every property in Scotland, and helps the local authorities run and support vital services across the community - but it can get expensive for many.

Glasgow Live

£300 Pensioner Cost of Living Payment, who gets it in 2023 and when

Eight million pensioner households will get £300 on top of their Winter Fuel Payment later in 2023

Chronicle Live

Nearly half a million people of State Pension age claiming PIP worth up to £627 each month

A successful claim for PIP or Adult Disability Payment made before reaching retirement age will continue.

Daily Record

People urged to check if they're in wrong council tax band as thousands could be incorrect

Martin Lewis' MSE (Money Saving Expert) are asking people to check what council tax band they are in as hundreds of thousands across Scotland and England could actually be in the wrong band.

Edinburgh Live

Third of people thinking about starting a business in 2023

Wales Online

Investors are bracing themselves. Will 2023 be another rough year?

The trends aren't friendly, warns Fiona Greig.

The Philadelphia Inquirer

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Tribune News Service

Many families with unaffordable employer coverage now eligible for covered California subsidies

If having the family on your employer-sponsored health plan has been a financial hardship, or outright impossible to afford, help may be on the way.

Liverpool Echo

Households may be eligible to slash their council tax to zero

There are a number of ways to alleviate your council tax bills

Nottingham Post

Renters saved almost £400 on energy bill after switching off silent 'guzzler' machine

"We moved into our first house but in early summer last year our bill went up from £125 per month to £240, even though we knew a rise in price was coming given the price cap at the time, this was a lot more than expected"

Liverpool Echo

Last chance to have your say on major Liverpool Council budget proposals

Cabinet member warns of "extremely difficult decisions" ahead

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Birmingham Post

I'm a four-day week boss, this is how we did it and what I've learned along the way

Gareth Hoyle shares the reason behind the decision, what challenges he faced and the difference it has made to working life.

Nottingham Post

Martin Lewis says 7 million UK households earning less than £40,000 could be missing out on benefits

The Money Saving Expert website has urged people to spend time checking which benefits they may be entitled to as bills continue to rise.

Wales Online

Woman saves hundreds on her EDF bill by turning off 'guzzler' she never knew was there

Which? experts say the immersion heater is uneconomical and can rack up a hefty electricity bill

Wales Online

Woman cuts £400 off electricity bill by switching off energy 'guzzler'

'Switching it off has saved me hundreds'

Liverpool Echo

Woman saves £400 on electricity bill by switching off energy 'guzzler'

A new renter, Harriet said she'd tried all the energy saving hacks but to no avail, until now

Liverpool Echo

HMRC warns millions of people to act now or risk £100 fine

Self-assessment tax returns are due by January 31

Liverpool Echo

Asda extends kids eat for £1 deal with no minimum spend for parents

Pensioners can also get hot soup, a roll and unlimited tea and coffee for £1 until March 2023

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