money

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ENERGY SUPPLIERS ARE SITTING ON ALMOST  £7 BILLION OF HOUSEHOLDS’ MONEY

  • Research suggests 16 million UK households have almost £7 billion in energy credit, with half of those in credit (49%) having balances over £200[1]
  • Credit is £5 billion higher than last year [2] against the background of a mild winter and consumer efforts to reduce energy use
  • Nearly four million households owe £920 million to their energy providers – £234 on
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Household Support Fund extended from 1st April to help families in need

An additional £842 million is available from 1st April 2023 to help the most vulnerable households across England with essential food and energy costs.
  • Department for Work and Pensions’ £842 million Household Support Fund extension comes into effect today
  • Extra money given to councils to provide further help to most in need with essential food and energy costs until 31 March
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How to manage your finances whilst in a relationship

How to manage your finances whilst in a relationship- don't let money break your heart Emma Watson, Head of Financial Planning at Rathbones Group Plc

Discussing finances as a couple may not be the most romantic of topics, but it’s an important thing to regularly discuss with a partner, especially during times of economic uncertainty and volatility. From how you manage it, to what your day-to-...

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Tesco Bank urges couples to use this Valentine’s Day to set a money date

Use this Valentine’s Day to set a money date

Craig Bundell, Help me Borrow Director at Tesco Bank: “While talking about money might not be at the top of the list for Valentine’s Day, it’s an incredibly important part of any relationship. Every couple should have time set aside for a money date. A time to discuss savings goals, planning for the future and potentially more tricky topics like...

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Over 8 million families in the UK to receive new Cost of Living Payment this Spring

Over 8 million families in the UK will continue to receive direct financial support from Government, with the first of five Cost of Living Payments – worth £301 – hitting bank accounts this spring.
  • Over 8 million families in the UK on means-tested benefits will automatically receive £301 this Spring, and over 6.5 million people on disability benefits in the country will receive a £150
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5 ways to transform your credit score & eliminate debt in 2023

Essentially a credit score is a tool for lenders draw information from to predict the future. The score, and more importantly credit report, presents a snapshot of how likely you are to repay the money that they lend. Here, Sam Covington at Finbri reveals 3 ways to improve your credit score along with saving hacks that work to eliminate debt in 2023.

Be Strategic + up the ante....

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FAMILIES ARE USING TECHNOLOGY TO EARN NEARLY £1K A YEAR

THE RISE OF ‘TECHONOMICS’ – FROM RENTING OUT THE FAMILY PET, TO SELLING SUNSET SNAPS, EE REVEALS FAMILIES ARE USING TECHNOLOGY TO EARN NEARLY £1K A YEAR
  • EE, the UK’s best network provider, reveals the creative ways people are earning and saving money during the cost of living crisis thanks to a few clicks and swipes
  • Half (49%) say they have turned to side-hustle apps to boost
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picture of the cost of living

Millions of low-income households to get new Cost of Living Payments from Spring 2023

Millions of the lowest-income households across the UK will get up to £1,350 from the Government in 2023/4 to help with the cost of living.
  • Millions will receive new cost of living support from Spring 2023, following up to £1,200 in support for over eight million low-income households in 2022
  • £900 Cost of Living Payment for means-tested benefit claimants will go direct to
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BAD ENERGY HABITS ADDING £285 A YEAR TO HOUSEHOLD BILLS

NEW YEAR’S REVOLUTION: BAD ENERGY HABITS ADDING £285 A YEAR TO HOUSEHOLD BILLS
  • Four fifths of households (80%) admit to having at least one bad energy habit – including overfilling the kettle and leaving lights on – which can add £285 a year to bills [1]
  • More than a quarter of people (28%) set their washing machine at temperatures above 40 o C – costing an extra £26 a year,
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New childcare funding rates announced today fall well short of rocketing costs for nurseries

With childcare providers’ costs due to rise dramatically from April, the Government has today unveiled hourly funding rates which for nurseries in some local authorities will only rise by 1%.

Following intense lobbying by National Day Nurseries Association (NDNA) and the early years sector in the wake of the Autumn Statement, the Government has agreed to invest an additional £20m into the...

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