CashNews.co The Budget is less than a day away, and markets are on edge. As I warned yesterday, Reeves is about to take a massive gamble with the nation’s finances. If she gets it wrong, we face a second Liz Truss moment. This afternoon we edged another step closer. As well as hiking taxes and […]
UK national living wage to rise to £12.21 an hour next year #UKFinance
CashNews.co More than 3 million workers will receive a pay boost after chancellor Rachel Reeves confirmed the national living wage will increase from £11.44 to £12.21 an hour from April 2025. The 6.7% increase is worth £1,400 a year for an eligible full-time worker, according to HM Treasury. The announcement was made a on Tuesday, […]
Santander UK profit slides as analysts forecast £1.8bn motor finance hit #UKFinance
CashNews.co Tuesday 29 October 2024 11:30 am | Updated: Tuesday 29 October 2024 4:26 pm Share Facebook Share on Facebook X Share on Twitter LinkedIn Share on LinkedIn WhatsApp Share on WhatsApp Email Share on Email Santander has revealed a sharp fall in its UK profit during the third quarter while delaying the publication of […]
DWP November 2024 payment dates for State Pensions and benefits | Personal Finance | Finance #UKFinance
CashNews.co Pensioner households in the UK will get a £300 cash boost from November as the government begins its rollout of winter support payments. Around 1.5 million pensioners are estimated to get the Winter Fuel Payment this year to help cover heating costs over the winter. The handout, which is worth either £200 or £300, […]
Warning for UK economy as cost of living crisis leads to fewer babies | Personal Finance | Finance #UKFinance
CashNews.co The financial squeeze on young couples has seen the number of births drop to a near 90-year low amid warnings over the impact on the UK economy. Young adults struggling to pay for essentials such as energy bills, rents and mortgages have been unable to afford to think about starting a family, according to […]
UK homes urged to use ‘timing trick’ to slash £214 off heating costs | Personal Finance | Finance #UKFinance
CashNews.co It’s the time of the year when the weather turns bleak and the autumn chill inevitably has most of us reaching for the thermostat to crank up the heating. But keeping warm comes at a cost, with UK households facing higher energy prices this winter following a hike to Ofgem’s price cap. The energy […]
24-hour £20,000 ISA warning as Rachel Reeves prepares Budget tax raid | Personal Finance | Finance #UKFinance
CashNews.co People are being advised to look at steps they can take over their savings and investments – including ISAs – with just 24 hours until the Budget. Chancellor Rachel Reeves will be taking to Parliament tomorrow, October 30, in Labour’s first Budget in more than a decade. With Sir Keir Starmer issuing warnings of […]
NatWest alert as customers ‘can’t view’ account details | Personal Finance | Finance #UKFinance
CashNews.co NatWest has issued an update after several customers were affected by an issue where they couldn’t see details of their account online. One customer contacted the bank over X to say they were having problems viewing their details this morning (October 29). They said: “Why can’t I see my credit card online banking? Just […]
Massive Gains Fuel Hopes for an EV Comeback #UKFinance
CashNews.co Macquarie analyst Eugene Hsiao has upgraded NIO’s (NYSE:NIO) stock to Outperform, setting a price target of $6.60a clear signal of confidence in NIO’s growth strategy. This has driven a 12.3% surge in its share price today. Hsiao emphasizes that NIO’s new Onvo L60 model, launched to rival Tesla’s Model Y, and the soon-to-be-released Firefly […]
UK Retail Sales Dip Before Rachel Reeves Budget #UKFinance
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