We are a year into the coronavirus pandemic and, as a result of our changing lives, some of us have used our cars much less than before – the commute to work has been cancelled, as have day trips and journeys to see family and friends. But others have been driving more to avoid public…
Wednesday’s budget extended measures brought into to help people struggling during the Covid crisis, and introduced the idea of a green savings bond to help rebuild the economy. We asked people what they thought about Rishi Sunak’s plans. Furloughed worker: ‘The amount offered for hospitality wouldn’t even touch the sides’ Cumbria has some of the…
Marks & Spencer’s banking arm is shutting down its current accounts, forcing customers who hold them to look for a new provider. M&S Bank – which is a joint venture between HSBC and the retailer – says all of its current accounts will close in August, along with its Monthly Saver account. In addition, the…
When the chancellor, Rishi Sunak, announced his budget on Wednesday, he talked about the government’s goal of turning generation rent into “generation buy”. The measures he outlined to help would-be homebuyers had been heavily trailed – an extension to the stamp duty holiday he launched last year for England and Northern Ireland, and a new…
An extra 1.3 million people will have to start paying income tax – and a further million will be pushed into higher rate taxation – over the next five years, according to the Office for Budget Responsibility. In his budget on Wednesday, the chancellor, Rishi Sunak, said the thresholds at which the tax starts being…
About 200,000 women could be in line for pension back-payments averaging £13,500 after an investigation into the underpayment of state pensions over the last 20 years. As Guardian Money reported last month, some of the affected women received pensions of as little as 86p a week, when they were in fact entitled to 60% of…
