Universal Credit: How do advance payments work? Do they need to be repaid?

UNIVERSAL Credit has an advance payment system in place to help people who are waiting for the first payment to come through. When a claimant makes an initial application for Universal Credit, or when someone is moved onto Universal Credit from the old system, there is usually a delay of five weeks before the initial payment arrives. Daily Express More...

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By admin On Tuesday, February 25th, 2020
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Pound euro exchange rate: GBP/EUR rises after Germany’s ‘dour’ economic growth report

The pound euro exchange rate rose by 0.5 percent today, with the pairing currently trading around €1.197 as the Eurozone’s fragile economic outlook continues to weigh on the single currency. Today saw Germany’s More...

By admin On Tuesday, February 25th, 2020
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Pound US Dollar exchange rate: GBP/USD rebounds after Monday’s selloff

The pound rose 0.6 percent against the US dollar, rebounding after Monday’s selloff, leaving the pairing trading at around $ 1.299. Tuesday saw Sterling rebound against the dollar as markets found some stability More...

By admin On Tuesday, February 25th, 2020
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Crypto currency goes showbiz: Bitcoin makes guest appearance on The Simpsons

Global acceptance of cryptocurrencies has been given a massive boost from an unlikely source – The Simpsons. A wacky song-and-dance routine explaining crypto, distributed ledger technology and blockchain More...

By admin On Tuesday, February 25th, 2020
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Pension auto-enrolment shoots higher but men still lag behind women

PENSIONS have become a big focus for the government in recent times. In previous years, it was found that many workers missed out on valuable pension benefits because their employer didn’t offer a pension, More...

By admin On Tuesday, February 25th, 2020
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State pension age review is due on this date – government committed to reviewing changes

STATE pension is only accessible from certain ages which tend to rise over time. Currently, the state pension age is 65 and it is scheduled to increase to 66 by October 2020. It will then rise to 67 by 2028 and More...

By admin On Tuesday, February 25th, 2020
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Income Tax: The eight benefits you do have to pay taxes on – full list

INCOME tax is a tax paid by the majority of people in one form or another. It covers all forms and kinds of income including wages and pensions but also rental income and benefits. There is variation in terms of More...

By admin On Tuesday, February 25th, 2020
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Universal Credit: Legacy benefits will stop when migrating except for this one exception

UNIVERSAL Credit has replaced a number of previously existing benefits and the migration to the new system has proven controversial. The full rollout of Universal Credit has been delayed for several years but there More...

By admin On Monday, February 24th, 2020
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State Pension explained: Does everyone get a State Pension?

THE State Pension helps support people financially after they have retired thanks to a monthly allowance paid to them by the Government. But does everyone get a State Pension? Daily Express :: Finance Feed  More...

By admin On Monday, February 24th, 2020
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Martin Lewis reveals how to protect yourself from scammers – warning signs to look for

MARTIN LEWIS is the go-to guy for many Britons these days thanks to his professional and helpful money advice. Today on The Martin Lewis Money Show, Martin discussed a topic very close to his heart – fraud. More...