Universal Credit is designed to provide financial support to people on low incomes, whether they are out of work or in employment. But for many claimants, the amount that lands in their bank account each month is lower than expected because of deductions. Following growing concern about reduced payments, the Department for Work and Pensions (DWP) has … Read more
Millions of workers across the UK are set to see a pay rise in 2026 following confirmation of updated National Minimum Wage and National Living Wage rates. For employees in retail, hospitality, care, construction and many other sectors, the annual increase represents more than just a few extra pounds per week — it directly affects … Read more
From today, several UK banks have introduced updated withdrawal limits affecting customers aged 60 and over. The move has already sparked conversation among pensioners and older account holders, many of whom rely on regular cash access for day‑to‑day spending. For some, the news has raised concerns about restrictions. For others, it represents an added layer … Read more
Millions of pensioners across the UK have been closely watching their bank accounts this winter, following confirmation of a February State Pension boost that could see some recipients receive what’s being described as a “double £60 payment”. With energy bills, food prices and everyday costs still placing pressure on household budgets, any increase in pension … Read more
From February 2026, updated driving licence rules for motorists aged 70 and over are set to take effect across the UK. With millions of older drivers on the road, the changes have sparked understandable interest — and in some cases, concern. For many people, driving represents independence, freedom and connection to family and community. So … Read more
Thousands of UK workers earning £50,000 or more have been urged to review their tax position after HMRC issued fresh guidance aimed at higher earners. The update affects an estimated 864,000 people and focuses on income thresholds that can trigger unexpected tax bills, benefit reductions and additional reporting requirements. For many professionals, crossing the £50,000 … Read more
A new driving rule has officially come into force this week, and motorists across the UK are being warned that breaking it could result in a £140 fine. With enforcement now active, drivers are being urged to double‑check their habits behind the wheel to avoid penalties. Road law updates are not unusual, but even small … Read more
The question of whether the State Pension should be taxed has been debated for years. With the full new State Pension edging closer to the £12,570 Personal Allowance threshold, speculation has grown around whether pensioners could soon face income tax bills — or whether a formal exemption might be introduced. Now, the Treasury has addressed … Read more
Thousands of pensioners across the UK are reportedly receiving new savings notices linked to bank interest and tax reporting. The letters, issued by HM Revenue and Customs, are drawing attention because they reference savings balances of £5,000 or more and potential tax implications. For many older people, this has understandably caused concern. Does simply having … Read more
Millions of workers across the UK are set to see changes to their pay packets in 2026 as the government confirms new minimum wage rates. For employees on hourly contracts, apprentices, and younger workers in particular, the annual wage update is one of the most important financial developments of the year. A rise in the … Read more