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The Latest Breaking News on Personal Finance

Huge Universal Credit shakeup affecting more than 120,000 people

People could see their Universal Credit payments reduced or removed if they don't follow certain rules

Liverpool Echo

All London boroughs now ‘unaffordable’ for local salaries — here’s the pay increase you’d need to afford a home in your area

Even ‘affordable’ London areas are now beyond the reach of local buyers on average salaries.

Evening Standard

Older people living in 25 countries may be due winter heating bill help of up to £600

New claims for the Winter Fuel Payment can be made until March 31, 2023.

Daily Record

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Learning loss for disadvantaged pupils ‘greater’ than peers, says watchdog

Lost learning, if left unaddressed, may lead to “significant lost earnings” for those affected, the National Audit Office has warned.

The Independent UK

Martin Lewis says 800,000 people are missing out on extra cash

The Money Saving Expert founder was back on our screens on Tuesday night

Liverpool Echo

Martin Lewis issues important advice to anyone with kids

The Martin Lewis Money Show Live gives out tips on savings accounts

Wales Online

Martin Lewis warns parents that children could have over £2,000 in 'lost' savings account

The Money Saving Expert says that 100,000s of people have lost track of their Child Trust Fund

Bristol Post

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Man who built tiny 'eco-home' in person's back garden saves £600-a-month on bills

Chris Marsh has lived in tiny homes intermittently for the past five years, and last year created his own miniature wooden house to fit in a back garden.

Daily Record

4 Home Improvement Stocks to Spruce up Your Portfolio in 2023

The cooling inflation is likely to benefit the home improvement industry. Moreover, rapid urbanization and the rising adoption of green buildings should boost the sector in the coming years. Therefore, fundamentally strong home improvement stocks Lowe’s Companies (LOW), ADT (ADT), Masonite International (DOOR), and La-Z-Boy (LZB) might be ideal additions…

StockNews.com

What are parents' rights during teachers strikes and do people have to go to work if schools are shut?

Schools will close across England and Wales on February 1 as teachers walk out amid disputes over pay

Manchester Evening News

'I live in a home I built myself in my mate's garden - it saves me £600 a month'

Chris March, 40, quit renting conventional houses five years ago and now says he can afford to keep his heating on constantly because his tiny home is so efficient

Daily Mirror

Ofgem considers subsidy to level energy costs for prepayment and direct debit customers

Regulator defends suppliers who have forced people on to meters

The Guardian - UK

School meal debt in East Renfrewshire written off to help struggling families

It was reported that over 80% of the debt was balances of £20 or under and these would be "uneconomical to pursue".

Glasgow Live

Midlothian plan to cut teachers, libraries and music lessons sparks protest

Teaching jobs, the closure of school libraries and axing of community librarians and school crossing patrols are all in the savings proposal which will now be put out for public consultation

Edinburgh Live

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Belfast Live

NI £600 energy voucher: More than half redeemed says Post Office

The Post Office said the roll-out is on course to be completed before the end of February

Daily Mirror

'I got £100 a month in pocket money as a kid - I started saving for a house at eight'

A woman who received £113 in pocket money every month as a child has revealed she started saving cash to buy a house when she was 8 - and it helped her be money-savvy

Dublin Live

Social Welfare Ireland: Four little-known payments you probably didn't know you can claim

These social welfare payments can help with your monthly bills

Daily Record

People choosing to retire two years later than minimum pension age could net an extra £22,000

The minimum pension age increase from 2028 may not be popular, but it could boost your retirement income.

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Daily Record

New calls to extend cost of living payments to all students in higher education

A new petition argues that means-tested student loans are falling short of daily living costs.

Daily Record

New DWP rule change for people on Universal Credit working 15 hours or more each week

Couples working 24 hours per week between them at the adult National Living Wage rate will also see changes in February.

Daily Mirror

Adults one-and-a-half times more likely to take advice from loved ones than experts

When it comes to advice on budgeting adults are more likely to turn to their partner or even financial TV shows than a financial expert, a new survey has found

Daily Mirror

Major pension change being looked at by DWP - and it would benefit millions of workers

A consultation on small pension pots has been launched by the Department for Work and Pensions (DWP) with the aim of making it easier to keep track of your retirement fund

Manchester Evening News

When is the first DWP Cost of Living payment in 2023?

The first instalment of £301 will be issued in the coming months, according to the DWP

Edinburgh Live

Martin issues urgent warning for people to avoid HMRC fine as deadline looms

The Money Saving Expert has warned the population that they have mere hours left to fill out their HMRC self-assessment tax return forms, or risk being hit with fines.

Daily Record

DWP looking at new ways to help people with multiple small pension pots

The average worker has around 11 jobs over the course of their career.

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