Money

Mortgage lenders halt some deals after pound falls

BBC Money News Feed - Tue, 09/27/2022 - 05:49
Two lenders, Virgin Money and Skipton, say they will stop mortgage offers to new customers.
Categories: Money

Falling pound: What does it mean for me and my finances?

BBC Money News Feed - Mon, 09/26/2022 - 15:43
The value of the pound touched a record low against the dollar after big tax cuts were announced.
Categories: Money

Mini-budget: What it means for you and your finances

BBC Money News Feed - Fri, 09/23/2022 - 16:18
Chancellor Kwasi Kwarteng has delivered what the government calls a "fiscal event". Here is how it affects you.
Categories: Money

Stamp duty cut in bid to help house buyers

BBC Money News Feed - Fri, 09/23/2022 - 12:58
The chancellor says the changes mean 200,000 more house buyers will no longer pay the tax.
Categories: Money

Income tax to be cut by 1p from April

BBC Money News Feed - Fri, 09/23/2022 - 12:54
The basic rate of income tax will fall by 1p from April with most people paying 19p instead of 20p for each pound.
Categories: Money

Mini-budget: What is it and how will it affect me?

BBC Money News Feed - Fri, 09/23/2022 - 00:02
Kwasi Kwarteng will borrow billions to boost growth and limit the impact of soaring bills.
Categories: Money

National Insurance rise to be reversed in November

BBC Money News Feed - Thu, 09/22/2022 - 15:54
The 1.25% rise will be reversed from 6 November and a levy to fund health and social care will be axed.
Categories: Money

UK may already be in recession, says Bank of England

BBC Money News Feed - Thu, 09/22/2022 - 13:01
The warning comes as the Bank raises interest rates to 2.25% - the highest level for 14 years.
Categories: Money

Universal Credit rules to be tightened under chancellor's plans

BBC Money News Feed - Thu, 09/22/2022 - 00:39
Chancellor Kwasi Kwarteng is expected to announce a welfare shake-up to 'get Britain working again'.
Categories: Money

Real Living Wage rises to £10.90 an hour

BBC Money News Feed - Thu, 09/22/2022 - 00:06
A rate increase for the voluntary scheme has been brought forward due to the rising cost of living.
Categories: Money

Energy bills: New law will force landlords to pass on £400 rebate

BBC Money News Feed - Wed, 09/21/2022 - 15:55
Charities had raised concerns tenants with all-inclusive bills could miss out on the support.
Categories: Money

Cost of living: Home heating oil customers to get £100 payment

BBC Money News Feed - Wed, 09/21/2022 - 12:57
It comes after a cap on the price of electricity and gas are announced by the government.
Categories: Money

Business energy bills could be cut by a third under government plan

BBC Money News Feed - Wed, 09/21/2022 - 00:35
Jacob Rees-Mogg is expected to announce a cap on wholesale energy costs for business customers.
Categories: Money

Cost of living: Students struggling with impact of soaring prices

BBC Money News Feed - Wed, 09/21/2022 - 00:14
One student tells the BBC of the isolating effect of running out of cash while studying at university.
Categories: Money

Warning over scam energy bill support messages

BBC Money News Feed - Tue, 09/20/2022 - 13:51
Emails and texts link to a fake Ofgem website where people's personal details are demanded.
Categories: Money

Asda limits sales of Just Essentials budget range

BBC Money News Feed - Wed, 09/14/2022 - 15:56
The supermarket temporarily limits purchases in its Just Essentials range, blaming soaring demand.
Categories: Money

UK inflation rate eases but still near 40-year high

BBC Money News Feed - Wed, 09/14/2022 - 08:16
Price rises slow slightly in August but the pace of inflation is still near a 40-year high.
Categories: Money

Rich to get twice as much cost of living support, says think tank

BBC Money News Feed - Tue, 09/13/2022 - 00:03
The Resolution Foundation says limits on energy bills were needed, but the rich will benefit more.
Categories: Money

Discounted fixed energy deals could still prove expensive

BBC Money News Feed - Mon, 09/12/2022 - 15:48
Customers on fixed deals will receive a discount, but not every tariff will end up the same.
Categories: Money

Energy firms will contact customers over bill cap

BBC Money News Feed - Fri, 09/09/2022 - 12:54
Households will be told how the plan to cap energy bills announced by Liz Truss will affect them.
Categories: Money

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