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The Latest Breaking News on Personal Finance

How buy now pay later can be a Christmas gift that keeps on taking

University of Newcastle lecturer in sociology and member of the Newcastle Youth Studies Centre Dr Julia Cook said young people made up the majority of BNPL customers.

Newcastle Herald

"Giveaway to the rich" in omnibus bill

"The retirement changes in the omnibus package overwhelmingly benefit wealthy people," said one advocate

Salon

Save over £660 for next Christmas with the 1p savings challenge if you start on New Year's Day

A step-by-step guide to boosting your savings the easy way in 2023.

Daily Record

From analysis to the latest developments in health,
read the most diverse news in one place.

Savings expert reveals five ways to shave £500 a year off energy bills

A savings expert appeared on Lorraine today to talk about five tips that could save you £500 yearly on a typical energy bill amid a cost of living crisis

Daily Mirror

SECURE 2.0 Act Summary: New Retirement Savings Changes to Know

The SECURE 2.0 Act makes significant changes to retirement savings plans. Here's what you need to know.

Kiplinger

Woman hails Argos £30 'bill slasher' gadget amid the cost of living crisis

The cost of living crisis is ongoing with many people now cutting back on non essentials - and it seems like one woman has found a way to slash her bills from cooking the Christmas dinner to charging her phone.

Glasgow Live

Martin Lewis shares 1p payment rule for Christmas shoppers

Personal finance wiz issues consumer rights advice for festive season

The Independent UK

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Martin Lewis' MSE team share its 10 biggest tips to help with energy bills

Here's how you can cut the costs

Liverpool Echo

Free school meals to be extended to older pupils in receipt of new Scottish Child Payment

Scottish Child Payment is worth £100 every four weeks for eligible families with children up to the age of 16.

Daily Record

DWP update to millions who could be eligible to £3,500 Pension Credit

Department for Work and Pensions is to write to 11 million in 2023 to highlight the benefit which is aimed at the poorest

Nottingham Post

Final date £600 DWP cost of living payments will be made

Millions of people are eligible for the extra cash this winter

Liverpool Echo

Karl W. Smith: The collapse in the US saving rate is misleading

The collapse in the personal U.S. saving rate to near a record low has fueled a narrative that consumers are clearly strapped heading into 2023. This is worrisome because consumer spending accounts for about two thirds of the economy. Heck, one widely shared analysis by Federal Reserve analysts estimated that…

Tribune News Service

Martin Lewis suggests cheaper alternative for drying laundry

TV money-saving expert suggests dehumidifiers could prove cheap alternative to dryers and radiators

The Independent UK

Newcastle Building Society invests £130k into Citizens Advice to offer support to members

The mutual says it wants to provide practical help to members struggling with the cost of living

Birmingham Post

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Liverpool Echo

British Gas issues warning to customers over £150 Warm Home Discount

The energy supplier had a message for those who are not eligible for the extra support

Wales Online

How to apply for Winter Fuel Payment if you don't receive it by January 13

Support worth a total of £4.6 billion has already been paid to more than 99 per cent of eligible pensioners - but here's what to do if you don't receive yours

The Guardian - UK

Nearly 2m UK households behind on bill payments as Christmas approaches

Which? says most common bill not paid was energy as data suggests wave of defaults in cost of living crisis

The Independent UK

Estimated 1.9m households ‘have missed payments in the run-up to Christmas’

Some 56% of people had made at least one financial adjustment in the past month to cover essential spending, Which? said.

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news in one place.

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Irish Mirror

All the Budget 2023 measures that come into force in January and will put more money in your pocket

Social welfare payments, child benefit and the minimum wage will all increase from January 1

Nottingham Post

Public consultation on Nottingham City Council's £29m of savings proposals begins

Councillors endorsed £29m of savings proposals, over £10m of which require public consultation. This includes raising Council Tax by the full 4.99 per cent permitted under Government proposals.

The National (Scotland)

Landmark moment as Scotland's first Passivhaus social housing is completed

THE first Passivhaus development in Stirlingshire is completed, making it the first of its kind in Scotland.

Daily Mirror

Millions of Brits make 'no present pact' with friends and family this Christmas

Over half of British folk have made a 'no present' pacts with friends and family - with the top cutbacks including buying fewer or cheaper presents as they look to cut back on Christmas spending this year

Belfast Live

NI Energy payment scam text warning issued by PSNI

Fraudsters are taking advantage of the cost of living crisis

The Guardian - AU

Australia urged to overhaul energy concessions as low-income residents forced to forgo essentials

Acoss argues concession schemes are inequitable and ‘not adequate to meet needs’

Evening Standard

How To Invest £10,000

A bonus, inheritance, savings target, or even a winning lottery ticket, could all amount to a sum of £10,000.

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