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The Latest Breaking News on Personal Finance

'Owning a home in the next 10 years seems like an impossible dream for me'

A the cost-of-living crisis bites one millennial reflects on whether home ownership is permanently out of reach

Bristol Post

Around half of consumers plan to cut back on festive spending, figures show

Figures from Which? and Mintel show that consumers plan to buy fewer and cheaper gifts, less food and expect to turn to credit to cover costs.

The Independent UK

First-time buyers have to wait an extra five years to save for a house

New data shows that the average age has jumped from 32 to 37

Liverpool Echo

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First-time buyers ‘need more than seven years to save deposit’

‘Getting on the property ladder is a distant dream for many today,’ bank chief warns

The Independent UK

Microwave vs Air Fryer: Which is Cheaper for Cooking?

Kiplinger

Martin Lewis reveals cost of running Christmas lights amid winter fuel bill worries

The finance guru addressed some of the public's concerns about racking up massive energy bills this festive season.

Daily Record

Warning of upcoming deadline for pensioners to be eligible for £324 cost of living payment

If you think you might be eligible for Pension Credit, then you have less than three weeks to backdate a claim to qualify

Nottingham Post

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Credit Union makes 'emergency plan' to help families survive cost crisis

'Following two years of the pandemic, our communities are struggling once again'

Manchester Evening News

Church throws open doors to help others during cost of living crisis

Lending a helping as church help with cost of living crisis

Daily Record

'Ideal' temperature for washing bedding and 'how often to change sheets' questions answered

Several experts gave their opinions

Nottingham Post

DWP to axe six benefits by the end of 2024 - see how you'll be affected

The change comes as the Government wants to move people over to Universal Credit

Nottingham Post

Hundreds of thousands of Brits to receive free home insulation under government scheme

The new ECO+ scheme aims to reach households which aren't covered under current government support

Manchester Evening News

UK government to introduce grants to make homes more energy efficient

Three-year scheme to provide up to £15,000 for middle-income households will start in April 2023

The Guardian - UK

Parents are dipping into savings to help with living costs – and it could leave them short in the future

As research suggests people are using retirement money early to help support their families, Vicky Shaw finds out more.

The Independent UK

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AAP

Pensioner concessions to free up housing

New laws encouraging pensioners and welfare recipients to downsize from their homes and free up stock for younger families have passed the parliament.

The Independent UK

What can households do to offset soaring energy costs?

Homeowners can take steps to cut back on energy use to lessen the impact of rocketing costs.

Chronicle Live

Missing £324 Cost of Living payments can be reported to DWP

Most people eligible for a £324 payment should have been paid by November 23, if yours is missing you can chase it up with the DWP

Liverpool Echo

Money Saving Expert says thousands of homes could get 90% off water bills

Almost all water suppliers are offering a cheaper tariff for those on the lowest incomes

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Daily Mirror

More than one million families to receive £324 cost of living payment from today

The £326 is the second half of the £650 cost of living cash that was promised to households on certain means-tested benefits - see if you qualify and when the money should be paid by

Daily Record

Next cost of living payments sent out as scam warning issued - how to check

Recipients should be on alert for potential scams that could see fraudsters obtain personal details

Liverpool Echo

Martin Lewis says millions can still claim help even if they are not on benefits

Martin Lewis said millions are missing out on vital help by not checking what else is available

Evening Standard

How lifelong learning can reduce the risk of workers outliving their savings

Survey uncovers shocking findings about fears for retirement income

Tribune News Service

Fed hawkishness peaks as rising debt payments erode savings

Tighter Federal Reserve policy is raising households’ interest-rate burden, leading to a rapid decline in excess savings and underscoring the likelihood hawkishness has peaked.

Chronicle Live

Warning issued to anyone who pays their energy bills by direct debit as prices soar

Experts have offered advice to people who might be struggling to pay their energy bills and ways you can negotiate with your energy supplier

Wales Online

More than a million families to get £324 cost of living payment from tomorrow

The money should appear in your account within the next seven days

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