Breaking Financial NewsThe latest news from a range of sources to keep you informed of the latest financial developments
- Women retirees win £2.7bn for underpaid pensionson 4 March 2021 at 6:51 pm
About 200,000 pensions may get top-ups averaging £13,500 after nearly two decades of shortfalls.
- Sunak’s budget was great for estate agents, but it did nothing for generation rent | Polly Toynbeeby Polly Toynbee on 4 March 2021 at 5:39 pm
Extending the stamp duty holiday and guaranteeing 95% mortgages will make housing less affordable for manyAt the wicked heart of both household and national finances is housing. It is the great […]
- Extra 1.3m people in UK to start paying income tax over next five yearsby Miles Brignall on 4 March 2021 at 4:29 pm
Office for Budget Responsibility says further 1m will be pushed into higher rate taxation as result of 2021 budget An extra 1.3 million people will have to start paying income tax – and a further […]
- Budget 2021: 'Scrooge Sunak not levelling with people' on cutson 4 March 2021 at 2:49 pm
The Budget leaves the chancellor looking more Scrooge than Santa, says the Institute for Fiscal Studies.
- 200,000 UK women in line for pension back-payments of about £13,500by Miles Brignall on 4 March 2021 at 1:15 pm
Investigation found some women on state pensions were underpaid over last 20 yearsAbout 200,000 women could be in line for pension back-payments averaging £13,500 after an investigation into the […]
- Budget 2021: 10 ways Rishi Sunak's speech affects youon 4 March 2021 at 10:37 am
Chancellor Rishi Sunak's Budget is packed with policies that will affect your finances. Here is a guide.
- We can't contact Woodland Trust after root and branch cyber-attackby Anna Tims on 4 March 2021 at 8:30 am
I applied for a grant under its MOREwoods scheme to fund planting, and have heard nothingI am hoping you will be able to uncover what is happening at the Woodland Trust, an organisation which […]
- 'Families are struggling': Britons react to Rishi Sunak's 2021 budgetby Hilary Osborne , Rupert Jones, Matthew Jenkin and Lucy Mansfield on 4 March 2021 at 6:00 am
We ask people about what measures on furlough, universal credit, property and more will mean for themThe coronavirus crisis has hit household finances after Covid restrictions froze key parts of the […]
- Budget 2021: Million more set to pay income tax by 2026on 3 March 2021 at 7:20 pm
People who get a pay rise between this April and 2026 may find themselves paying a higher rate of tax.
- Sunak says mortgage and stamp duty measures will create 'generation buy'by Hilary Osborne on 3 March 2021 at 6:51 pm
Budget phases end of stamp duty holiday to prevent house buyers facing unexpected bills A phased end to the stamp duty holiday and a government guarantee for 95% mortgages will turn “generation […]
- Budget 2021: Covid deaths set to cut state pension costson 3 March 2021 at 5:58 pm
Forecasts suggests inheritance tax receipts will also rise, partly due to over-65s dying of Covid
- Budget means tax rises ahead – and little new for first-time buyersby Hilary Osborne on 3 March 2021 at 5:55 pm
Analysis: Freezing allowances will lead to more people paying income tax, while the stamp duty holiday is driving up house pricesWe can hardly call them “stealth tax rises” this time around, as […]
- Rishi Sunak digs in for battle against financial cost of Covidby Larry Elliott on 3 March 2021 at 5:20 pm
Analysis: chancellor’s budget sticks with military theme as final reckoning of virus’s impact remains some way offSunak flags tax rises as total Covid spending tops £400bnBudget 2021: live […]
- Budget 2021: what it means for people on a range of incomesby Miles Brignall on 3 March 2021 at 4:11 pm
How Sunak’s measures on tax and benefits will affect single people, couples and those receiving pensions Continue reading...
- Budget 2021: the verdict on Rishi Sunak's plans | Gaby Hinsliff and othersby Gaby Hinsliff, Miatta Fahnbulleh, Katy Balls and Tom Kibasi on 3 March 2021 at 3:25 pm
The chancellor set out his roadmap for Britain’s economic recovery, but will it be enough? Our experts give their view Continue reading...
- Stamp duty holiday extended to end of Juneon 3 March 2021 at 2:47 pm
After June there will be tapered relief for the next three months, the chancellor announces.
- Budget 2021: Rishi Sunak to extend furlough scheme until Septemberon 3 March 2021 at 2:25 pm
The move will help millions of people, Rishi Sunak says, ahead of setting out his tax and spending plans.
- UK workers take fewer sick days in 2020 despite coronavirusby Zoe Wood on 3 March 2021 at 2:16 pm
ONS says rate fell from 1.9% to 1.8% as people worked from home, the lowest since records began in 1995Coronavirus – latest updatesSee all our coronavirus coverageCoronavirus presented the whole […]
- UK contactless payment limit to rise to £100by Hilary Osborne on 3 March 2021 at 12:31 pm
Move, to be announced by Rishi Sunak in the budget, may not be rolled out until later this yearThe limit on contactless spending in the UK is set to rise to £100, although the change may not be […]
- Budget 2021: Contactless card limit will rise to £100on 3 March 2021 at 10:52 am
The move, taking effect later this year, will more than double the current limit of £45.
- Budget 2021: What is it and when will it happen?on 3 March 2021 at 9:56 am
The Budget - when is it, what does it do and what should we expect to hear from the chancellor?
- Academics face battle over pension scheme deficiton 3 March 2021 at 9:13 am
Trustees of the Universities Superannuation Scheme say contributions must rise steeply.
- Why can't I get a refund after returning a £500 KitchenAid mixer?by Anna Tims on 3 March 2021 at 8:30 am
It seems to be stuck at Heathrow and the company is blaming BrexitI fancied one of those KitchenAid mixers that Mary Berry uses and, wanting to avoid Amazon, I ordered it directly from the […]
- Complaints about guarantor loans rise by 3,000% in a yearby Rupert Jones Personal finance correspondent on 3 March 2021 at 12:01 am
Loans are backed by a relative or friend and have seen Amigo become UK’s most complained about financial firmComplaints to the financial ombudsman about a type of high-cost loan where the debt is […]
- Budget 2021: Five things to look out for from Rishi Sunakon 2 March 2021 at 10:00 pm
Tax rises and an extension of Covid support are both tipped to be announced in this week’s Budget.
- Many Generation Xers in UK face financial hardship in retirementby Amelia Hill on 2 March 2021 at 12:02 pm
Volatile incomes, debts and insufficient savings pile pressure on 40- to 55-year-olds, study showsA significant proportion of Generation Xers in Britain face financial hardship in retirement, with […]
- Funerals: Cold-calling ban among plans for pre-paid serviceson 2 March 2021 at 11:12 am
Stricter rules are proposed for when the sector is overseen by the UK's financial regulator.
- UK house prices see 'surprise' pick-up, says Nationwideon 2 March 2021 at 10:30 am
An unexpected acceleration in values last month pushed prices to a record high, the Nationwide says.
- Energy firms overcharged one million switching customerson 2 March 2021 at 10:01 am
Households were overcharged by a total of £7.2m when they should have been protected from price rises.
- UK house prices rise as end of stamp duty holiday nearsby Julia Kollewe on 2 March 2021 at 9:14 am
More people moving from cities or to bigger properties in Covid-19 pandemicCoronavirus – latest updatesSee all our coronavirus coverageUK house prices bounced back in February despite the imminent […]
- HSBC let me down after cruise company collapsedby Miles Brignall on 2 March 2021 at 7:00 am
We had paid a total of £3,342 for two holidays but are still out of pocket months laterIn 2019 I booked a cruise for my wife and I with Cruise and Maritime Voyages (CMV), and last March I added a […]
- Dozens of arts freelancers lose out on Covid support over tax 'error'on 2 March 2021 at 12:05 am
Dozens of arts freelancers miss out on Covid support because of errors with their pay, Equity says.
- Plug-in hybrid cars burn more fuel than tests record, says Which?by Jasper Jolly on 2 March 2021 at 12:01 am
Research suggests pollution from the vehicles could be worse than advertisedPlug-in hybrid cars burn significantly more fuel than official tests record, according to research that suggests pollution […]
- Should we buy now or wait for house prices to fall later this year?by Virginia Wallis on 1 March 2021 at 7:00 am
A couple with young children want a long-term home in Liverpool and are feeling the strain of living with the in-lawsQ My fiancee and I are looking to buy a home in Liverpool. Our budget is about […]
- CDFI: the community spirit that's saving borrowers from payday loansby Kalyeena Makortoff Banking correspondent on 28 February 2021 at 9:15 am
With 14.2m people financially vulnerable, the work of the little-known responsible lending programme is more vital than everKathryn Smart was struggling to make ends meet at the start of England’s […]
- Six million accidental savers 'created by Covid crisis'on 28 February 2021 at 12:04 am
Lower commuting costs, cancelled holidays and fewer meals out boost some bank accounts, a report says.