Category : Banking


DWP Completes State Pension Underpayment Review

The DWP has effectively completed its five-year State Pension underpayment correction exercise, paying out all arrears and closing the £92.4 million provision, though separate HRP issues remain.

PIP Review Calls for Cuts to Anxiety, ADHD, Depression Benefits

A government review of Personal Independence Payment (PIP) recommends targeting anxiety, low mood, mild depression, and ADHD, as spending soars from £15bn to £41bn. Shadow minister Helen Whately says 'it cannot make sense' for benefits to rise so rapidly.

HMRC Updates State Pension Tax Guidance

HMRC has published new online guidance explaining how State Pension tax is calculated, as frozen Personal Allowance means more pensioners may face tax bills. Full New State Pension is now £12,548, just £22 below the £12,570 threshold.

Savers Urged to Check Accounts Before Charity Transfer

BBC expert Laura Pomfret warns Britons to check dormant bank accounts, as funds may be transferred to charity after 15 years under the Dormant Asset Act 2022, with £2.1 billion already reunited with owners in 2026.

Trio Jailed for Stealing £1M in Mounjaro Jabs

Three men were jailed for five years and three months for stealing nearly £1 million worth of Mounjaro weight-loss drugs from a St Albans distribution centre in a pre-planned burglary.

Andy Burnham's Tax Hikes: Autumn Budget Warning

Financial experts warn Andy Burnham's potential autumn Budget could bring significant tax hikes on property, income, capital gains, and inheritances, hitting homeowners and investors hard.

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