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The Latest Breaking News on Personal Finance

How to save £5,000 in one year, according to money saving expert

The financial expert says that by following these methods, you may be able to save up to £5,000 per year. And with the cost of living crisis, now is a great time to see just how much you can save amid rising bills.

Glasgow Live

Scottish Government urges people to check for unclaimed money to help with cost of living

There are 12 benefits and payments currently available from Social Security Scotland.

Daily Record

Martin Lewis dispels common benefits myth which means 7 million UK households could be missing out

The Money Saving Expert issued advice for households on less than £40,000 in his latest newsletter

Manchester Evening News

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

How each North East council is spending £24m cost of living cash boost

We look at how Newcastle, Gateshead, Sunderland, Durham, Northumberland, North Tyneside and South Tyneside councils are supporting their residents

Chronicle Live

Room-by-room guide to saving energy in your home this winter

From the attic to the kitchen, there ways to help cut your heating bills as we go into the coldest months of the year

Chronicle Live

Newcastle Council tax support available and how to apply

If you are struggling to pay bills, including your council tax, Newcastle City Council can offer a number of discounts

Chronicle Live

Council tax - what happens if you don’t or can’t pay your bill

Everything is costing us more each day and bills are no different. With lots of people in the same boat, what happens if you can’t pay your bill?

Chronicle Live

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The money-saving challenge which could save you hundreds in 2023

From the 1p and 5p challenges to 'no spend January'

Manchester Evening News

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

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

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The Guardian - UK

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

Scheme will teach primary pupils about jobs, training and skills

Daily Record

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.

Glasgow Live

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.

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The Guardian - UK

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’

Daily Record

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.

The Independent UK

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

Daily Record

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

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

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