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The Latest Breaking News on Personal Finance

Households are forking out £1,316 more a year on bills - how to cut costs

The analysis from comparison site Comparethemarket looks at the cost of energy, home, and motor insurance - and found household bills have surged by £1,316 in the past 12 months

Daily Mirror

50,000 parents could face higher tax rates of up to 96% – are you one of them?

More families with children look set to face effective tax rates of between 80% and 96% due to the complicated and "colliding" rules of Universal Credit and Child Benefit

Daily Mirror

20 things that could affect your finances in 2023 - all the money dates for your diary

Here is a round up of all the key dates and changes coming next year to help plan your finances, including council tax rises

Chronicle Live

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Inflation raises retirement concerns, but there are actions to take to enhance your super

The effects of the pandemic have dinted views on how much they are likely to have to retire on, according to AMP's Financial Wellness survey.

The New Daily

Nine DWP dates for 2023 including changes to Universal Credit, ESA and JSA

A variety of changes to benefits will be introduced throughout next year

Manchester Evening News

New cost of living payments worth up to £1,350 for millions of people this year

Payments of £150, £300 and £900 will be provided those on qualifying benefits in 2023/24.

Daily Record

Big changes to retirement savings in new federal spending bill

From emergency savings accounts to assistance for student loan borrowers, the new federal spending bill aims to make it easier to save for retirement.

WEKU

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Will my energy bill rise in January? Households confused after being emailed about change

The regulator Ofgem has confirmed its price cap will increase by around 20% from January 1 - but households are still covered by the Energy Price Guarantee, so what does this mean for your bills?

Daily Mirror

DWP Universal Credit and child benefit 'tax trap' could mean households pay up to '96% tax'

Experts say 90,000 people are set to be caught out by 2030

Nottingham Post

13 payments that will only be available to people in Scotland this year

This is the perfect time to make sure you start 2023 claiming everything you are entitled to.

Daily Record

20 key money dates and changes due in 2023 and how they affect you

Some major changes will come into place next year, including energy bill hikes

Manchester Evening News

Martin Lewis backs 1p challenge to help you save more than £600 before next Christmas

How to take part in the '1p challenge' that could help you save hundreds of pounds in time for next Christmas

Liverpool Echo

DWP benefit payment dates for New Year including Universal Credit, PIP and Pension

Households who are due to receive benefit payments on the New Year bank holiday will see the money arrive in their accounts earlier

Liverpool Echo

Plan unveiled to increase number of pupils at Leeds sixth form college

Elliott Hudson College is hoping to expand into a nearby office building

Leeds Live

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Nottingham Post

Martin Lewis backed 1p challenge will save you more than £650 before next Christmas

The programme will save participants an extra £667.95 by December 21, 2023 if they start it in the New Year. Finance guru Martin Lewis previously told viewers on the ITV Martin Lewis Money Show in 2021

Daily Record

Cheapest month to buy air fryer as best time for TV and tech shopping revealed

From air fryers to espresso machines and dishwashers, here is the best month to buy certain products, according to experts.

Liverpool Echo

Full list of DWP benefits to be axed by 2024 including Income Support

Universal Credit is set to replace a host of older benefits

The Independent UK

Psychologist shares 8 tips to help you stick to New Year money resolutions

These simple strategies could help keep your 2023 spending goals on track

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Irish Mirror

Social Welfare Ireland next payment date confirmed as New Year changes affect schedule

Christmas caused some payments to be sent in advance, and now New Year's Eve will also have an impact

Irish Mirror

The Budget money changes that come into effect in January for social welfare recipients and workers

The weekly rate for a qualified child will increase by €2 from €40 to €42 for children under 12 years of age. It will increase by €2 from €48 to €50 for children aged 12 years and over (January 2023)

Daily Mirror

Lakeland launch winter sale with up to 50% off Shark, KitchenAid and more

A whole host of sought-after items from brands like KitchenAid and Shark are now reduced in the Lakeland winter sale

Manchester Evening News

The new laws and rules that will come into force in 2023

All the changes to expect in 2023, from voters needing ID to the National Living Wage

Chronicle Live

Savvy shopper bags all of her Christmas presents for next year in festive sales

A quick thinking shopper has sparked a viral debate after revealing that she had already secured all of next year's Christmas presents via seasonal sales offering hefty discounts.

Edinburgh Live

DWP Universal Credit claimants in Edinburgh to be hit with huge monthly pay cuts

Thousands of people who claim Universal Credit will have their benefit payments slashed, as the Department for Work and Pensions (DWP) search for debt recovery.

Daily Record

Pension Credit myths which stop thousands of older people claiming £3,500 annual top-up

DWP estimates nearly one million people of State Pension age could be entitled to the passport benefit.

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