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The Latest Breaking News on Personal Finance

Michael Hiltzik: The omnibus bill will help you save for retirement, though Wall Street will get its cut

The average American's path to retirement security has long been a steep uphill climb. The omnibus spending bill President Biden signed on Dec. 29 will make the journey easier.

Los Angeles Times

Details of Universal Credit increases which come into effect from April 2023

The basic and new State Pensions will also be uprated

Belfast Live

Money Saving Expert tips to start 2023 with a financial boost

The website founded by Martin Lewis has suggested more than a dozen things people could do to help save a bit of money

Bristol Post

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

People urged to check tax code on payslip this year to avoid being underpaid

Money Saving Expert (MSE) are warning people to check their tax codes to ensure that they are not being underpaid and paying too much tax each month. Here's how to find your tax code and what to do if you think you are on the wrong tax code.

Edinburgh Live

Woman saves £400 on her energy bill by turning off common household appliance

Harriet Morphy-Morris says she is now in credit with her energy supplier after turning off her immersion heater.

Daily Record

Aldi shoppers praise £30 electric blanket that costs 'pennies a night to run'

The budget supermarket chain recently announced its new "Heat your home for less" range.

Daily Record

Children as young as five in England target of new careers programme

Scheme will teach primary pupils about jobs, training and skills

The Guardian - UK

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People on PIP, Adult Disability Payment or DLA to receive up to £691 each month from April

Adult and Child Disability Payment rates for Scots will also rise by 10.1% this year.

Daily Record

New £900 cost of living payment update for people claiming Tax Credits from HMRC

DWP announced the planned payment schedule earlier this week.

Daily Record

Anyone earning under £40,000 urged to check if they are missing out on benefit boost

People across the country may be missing out on a financial boost worth up to £500, with Martin Lewis' Money Saving Expert team urging millions to use a benefit calculator to find out.

Glasgow Live

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

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

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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.

Glasgow Live

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.

Daily Mirror

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

Edinburgh Live

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.

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Glasgow 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.

Chronicle 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

Daily Record

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.

Edinburgh Live

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.

Wales Online

Third of people thinking about starting a business in 2023

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.

The Philadelphia Inquirer

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

The trends aren't friendly, warns Fiona Greig.

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