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The full new State Pension is set to rise to £10,600 per year and £8,122 for those on the Basic State pension.

Using an online benefits calculator is the quickest way to check for unclaimed financial support.

Debt remains a taboo topic for some, with 23% of those polled admitting that talking about financial trouble would make them feel shame and 18% saying they would never confess it to anyone

On average, people expect that it will take 21 months to pay back what they owe, according to Tesco Bank.

Alarm at number of people living without a financial safety net to cope with rising prices and unexpected bills

There are several benefits and support schemes out there to help older people with living costs

As the cost of living crisis grows, homeowners are borrowing more on top of their existing loan. But it can be costly

Sheldon Mills, executive director of consumers and competition at the FCA, told the PA news agency the organisation and lenders have to be proactive.

After the pandemic and now a cost of living crisis, it seems unthinkable that the economic situation could get worse. But experts are pretty certain that the UK economy will flatline in 2023, and some are even murmuring that a recession could happen this year.