Money
Personal finance, cost of living, markets and economic policy that affect your life, with practical reporting on bills, savings, wages, pensions and tax.

Rachel Reeves under fire as UK job market suffers worst downturn since the pandemic
The sharp rise in jobseekers comes as businesses cut back on hiring amid rising costs and economic uncertainty
Latest Money
MoneyEnergy price cap hike could raise bills by over £550 for thousands of households
The price cap, will rise 10 per cent in October, to an average of £1,717 a year, according to Ofgem
MoneyBank now offering 'competitive' 4.42 per cent interest rate on savings
The accounts are said to be a competitive return for savers
MoneyBudget tax hikes to 'hit growth' in blow to UK economy, business leaders warn
The Chancellor's tax reforms are causing concern among the UK's business community
Money‘Soul-destroying!’ ‘Discriminatory’ age rule sees woman’s redundancy payment slashed
Older civil servants are being penalised by redundancy rules and getting less than their younger counterparts
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Winter Fuel Payment update: Pensioners urged to look out for 'change in eligibility' letter from DWP
Older Britons now need to claim Pension Credit in order to receive any of the Winter Fuel Allowance

Inheritance tax: Sunak fails to scrap 'most unfair tax in Britain' as Britons at risk of 40% HMRC charge
Inheritance tax is paid by thousands of Britons every year with households being hit by an extra 40 per cent tax charge

Metro Bank trading 'temporarily halted' after shares plunge
Metro Bank trading was temporarily halted today due to a circuit breaker after shares plummeted

JP Morgan CEO Jamie Dimon blasts central banks for being ‘100% dead wrong’ about economic forecasts
JPMorgan Chase’s chief executive said to “prepare for possibilities and probabilities, not calling one course of action”
Archive

Metro Bank ‘begins £3billion mortgage book sale’ as borrowers hit by ‘fast’ hikes
Metro Bank shares plummeted yesterday after the bank said it was looking at a possible fundraise

Tax warning as rule change sees homebuyers hit with stamp duty hike from this weekend
Multiple Dwellings Relief (MDR) will be abolished with effect from June 1, 2024

Labour to fine buyers who pull out of house purchases under plans to end 'nightmare' delays
Binding contracts and mandatory sales packs are intended to reduce failed property transactions

Martin Lewis gives his analysis of Reeves' pensioner fuel allowance cut... and it's not good
Thousands of pensioners will lose up to £300 in energy bill support under the Chancellor's plan for the economy

State pension payments to exceed £220 a week for first time but triple lock hikes up for 'debate'
The state pension triple lock is under fire due to the “significant implications” of its funding costs

Labour-run council scraps 300 per cent council tax premium on second homes after eight days
Councils across Britain are reassessing their approach to second home taxation amid concerns the levies are harming local economies and property markets.