Finance

A growing movement of more than 4,300 people has signed an online petition urging the UK Government to bring the New State Pension in line with the National Living Wage. The petition, spearheaded by campaigner Ken Marshall, calls for the annual pension amount to rise from its current level of £11,502 to £22,000 – a Continue reading

In a recent announcement, HM Revenue and Customs (HMRC) confirmed it has sent out more than 370,000 letters to older individuals, primarily women, urging them to review their State Pension records. The letters indicate that many of them may be receiving a lower pension than they are rightfully entitled to. The error stems from missing Continue reading

The latest data from the Department for Work and Pensions (DWP) reveals that by the end of January 2025, 7.5 million people were claiming Universal Credit, marking an increase of 1.1 million compared to January 2024. Starting in April, all Universal Credit claimants will be required to confirm any changes in their circumstances more frequently. Continue reading

In a move aimed at supporting the most vulnerable in society, the Scottish Government has confirmed an increase in various benefits for the 2025/26 financial year. This includes a 1.7% rise in carer’s assistance, disability benefits, funeral expense assistance, and the Scottish Child Payment. The rise is aligned with the September Consumer Price Index (CPI) Continue reading

With rising living costs putting a strain on many UK households, the government has introduced various schemes to provide financial relief. One of the most significant initiatives is the Department for Work and Pensions (DWP) scheme, which offers payments of up to £300 to help families with bills. Whether you’re struggling with energy costs, groceries, Continue reading

What is the Ontario Trillium Benefit (OTB)? The Ontario Trillium Benefit (OTB) is a combined tax-free payment provided by the provincial government to eligible individuals and families to help offset the costs of energy, property taxes, and sales taxes. The OTB is an amalgamation of three important credits: Each credit aims to alleviate some of Continue reading

As Canada faces soaring grocery prices, expensive housing, and a general rise in living costs, many Canadians are finding it harder to make ends meet. Record-high food bank usage, combined with an increase in unemployment rates, has created financial challenges for countless individuals and families across the country. However, there is some relief in sight, Continue reading

More than two million Royal London customers will receive a share of a generous £181 million profit distribution, set to be paid out in April 2024. This payment comes as part of the mutual insurer’s long-standing ProfitShare scheme, which benefits customers with life and pension policies. A Year of Strong Profits and Record Contributions In Continue reading

Planning your holidays around the UK bank holidays in 2025 can significantly enhance your time off, allowing for extended breaks without using up all of your annual leave. By strategically aligning your leave with these public holidays, you can enjoy longer periods of rest, travel, and personal time, all while maintaining a balanced work schedule. Continue reading

The Canada Workers Benefit (CWB) provides a crucial financial boost to eligible low-income workers, helping them manage the increasing cost of living. For 2025, the benefit could provide up to $1,518 for single individuals or $2,616 per family, with the first payment coming in February 2025. This article covers everything you need to know about Continue reading