Until last year, Angela Jenner, 78, was getting only 86p a week as her state pension. Jenner, a former PA from near Stowmarket, Suffolk, had built up almost no entitlement to a state pension in her own right. “What I didn’t realise was that when my husband retired in July 2008 I should have automatically…
Savers with money in one of the UK’s biggest peer-to-peer (P2P) websites are crying foul, saying their investments are effectively being sold off “on the cheap” to a bank that will pocket the returns they would have enjoyed. The dispute concerns RateSetter, a P2P platform where those with savings lend cash to other individuals in…
Shop around for a cheaper energy tariff. The comparison website MoneySupermarket says there are 80 schemes that are now priced below Ofgem’s cap. It says the cheapest deals are under £950 a year for the average household – a saving of almost £200 now, and more when the cap rises. Avro Energy’s Simple and SuperSwitcher…
Young people looking for an entry-level job have been dealt a particularly bad hand by the pandemic, with many sectors that traditionally take on lots of school and university leavers – such as hospitality, leisure and retail – facing the toughest restrictions. But there are some slivers of good news. Sectors and companies that are…
Energy bills will rise for about 15 million households in Great Britain from April after the regulator, Ofgem, lifted the price cap on standard tariffs back to pre-pandemic levels. Ofgem said that for six months from April the price cap will increase by £96 to £1,138 for 11 million customers on a standard dual-fuel energy…
House prices in the UK suffered their biggest fall since April as the pandemic homebuying boom fuelled by the government’s stamp duty holiday loses momentum, according to Britain’s biggest mortgage lender. Halifax said UK house prices fell 0.3% month on month in January to an average of £252,000, the biggest drop since a 0.6% decline…
