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The Latest Breaking News on Personal Finance

When Cost of Living payments will be paid this year for people on benefits

The UK Government has announced further Cost of Living Payments

Belfast Live

Low-income families encouraged to apply for £267 one-off child payment before end of this month

Applications for the Best Start School Age Payment grant close on February 28, 2023..

Daily Record

NS&I brings one-year fixed-rate bonds back on sale

The one-year fixed-rate guaranteed growth bonds and guaranteed income bonds have been put back on general sale for the first time since 2019.

The Independent UK

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read the most diverse news in one place.

Eight money changes to look out for in February - from a new Universal Credit rule to energy price cap

This list will help you keep on top of any changes that could affect your finances this month, including interest rate and Ofgem price cap announcements

Chronicle Live

Families with disabled children and young people urged to apply for grants to help with cost of living

Funding is available for a wide range of essentials including clothing, white goods, furniture, games consoles and sensory equipment.

Daily Record

DWP urges people of State Pension age to claim £3,500 annual income top-up

Pension Credit can also provide help with Council Tax, Housing costs and hearing bills.

Daily Record

How much the favourite items in your food basket have gone up

How much it is now costing to make a cake, spaghetti bolognese and a packed lunch

The Independent UK

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B&M selling £20 plug-in heater shoppers say 'blasts the room with heat'

The Russell Hobbs Ceramic Plug-In Heater is in B&M stores for the cheapest price on the market.

Daily Record

Martin Lewis urges families with household income under £40,000 to check for Universal Credit and free childcare

Families with a combined household income of under £40,000 could be missing out on support.

Daily Record

The crisis in teaching is even worse than it looks — it is close to existential

During Covid, the country found out what it was to disrupt schooling — three years of missed lessons, home learning and mask-wearing have meant a generation has lost out on its formative education. Many parents were forced out of the workplace to look after their children — with a long-term…

Evening Standard

Newcastle organisations receive over £500,000 from City Council for support amid cost of living crisis

The Winter Wellbeing Fund that was launched in November, has since supported nearly 100 community sector organisations in the city

Chronicle Live

'I'm spending £20k on a new bathroom - but won't help my brother out with cash'

One man is frustrated by his brother's request for financial support as he was about to fork out on a new bathroom for his wife's tenth anniversary gift - others have sided with him

Daily Mirror

Martin Lewis urges people to claim 'massive' State Pension top-up just for looking after grandchildren

Grandparents who provided care, even if it was remotely during the pandemic, could increase their State Pension payments.

Daily Record

Benefit reforms have pushed many into part-time, low-paid jobs – IFS

Those encouraged to move into work often remain on meagre wages, paying little in tax and still receiving in-work benefits, the think tank found.

The Independent UK

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Nottingham Post

State Pension weekly amount you get with minimum contributions

You need at least 10 years of National Insurance contributions to get any State Pension payment and at least 35 years for the full amount - and it's a sliding scale in between

The Independent UK

Martin Lewis shares three questions to work out if cash ISA is right for you

People 16 or older can put up to £20,000 into a cash ISA in the 2022/23 tax year

Edinburgh Live

Thrifty man gives up house to live in tiny eco-home in a stranger's back garden

The 40-year-old has lived in tiny homes on and off for the past five years - and last year created his own miniature wooden house to fit in a back garden

Daily Mirror

Striking teacher forced to take a second job to pay bills ahead of mass walkout

Manchester teacher Lucy Hoyle has had to take on a second job to pay her bills whilst also admitting to having to pay for classroom supplies from her own pocket - she tells the Mirror why she is joining her colleagues on strike

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Manchester Evening News

All the major changes and DWP payments affecting your money in February

Many people's financial situations will likely be impacted by a series of changes throughout February

The Guardian - UK

UK benefit changes have pushed people into dead-end, low-paid jobs, says IFS

Tougher rules have boosted employment but jobs offer scant career progression and contribute little to tax revenue

Evening Standard

All London boroughs now ‘unaffordable’ for local salaries — here’s the pay increase you’d need to afford a home in your area

Even ‘affordable’ London areas are now beyond the reach of local buyers on average salaries.

Liverpool Echo

Huge Universal Credit shakeup affecting more than 120,000 people

People could see their Universal Credit payments reduced or removed if they don't follow certain rules

Daily Record

Older people living in 25 countries may be due winter heating bill help of up to £600

New claims for the Winter Fuel Payment can be made until March 31, 2023.

The Independent UK

Learning loss for disadvantaged pupils ‘greater’ than peers, says watchdog

Lost learning, if left unaddressed, may lead to “significant lost earnings” for those affected, the National Audit Office has warned.

Liverpool Echo

Martin Lewis says 800,000 people are missing out on extra cash

The Money Saving Expert founder was back on our screens on Tuesday night

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