Finanse

Tens of thousands of parents had their child benefit halted by HMRC after travelling outside of the UK. Some 23,489 claimants were sent letters from HMRC questioning their residency after spending time out of the country, an investigation by The Guardian found.more

Nearly 24 million people across the UK are currently claiming at least one benefit from the Department for Work and Pensions (DWP). This figure includes 13 million pensioners receiving State Pension payments, 8 million individuals on Universal Credit, and 3.8 million Personal Independence Payment (PIP) claimants.more

Average private rents in Great Britain have climbed to record highs, with the amount tenants are being asked to pay in some hotspots rising more than 25% in a year, data shows.more

The state pension age may have to be fast-tracked beyond 70 as more people are living to 100, says a leading expert. The highest life expectancy in England for women was in Kensington and Chelsea at 86.5 years.more

Millions of benefit claimants are set to receive an above-inflation income boost next year as September’s inflation rate reveals the exact amount Universal Credit will rise by.more

The Chinese control British assets, including companies and real estate, worth over £190 billion, according to today's “Sunday Times”. The newspaper revealed that the Chinese Communist Party earns at least £15 million a year from running three hotels for asylum seekers in the UK.more

At the EU summit in Brussels, leaders failed to reach a breakthrough on the use of frozen Russian assets to provide a loan to Ukraine. The European Commission was tasked with preparing proposals on this matter, which will be discussed at the next summit.more

The UK inflation rate has remained stable at 3.8% in September, which was lower than expected, official figures show. Prices for groceries also rose at their slowest rate in more than a year, according to the Office for National Statistics (ONS).more

Almost half a million workers are to receive a pay boost after it was announced that the real living wage paid voluntarily by 16,000 UK companies will rise to £13.45 an hour in April.more

In the second quarter of 2025, Poles working abroad transferred PLN 5.3 billion to the country, slightly more than the average in recent years – reported in the "Tygodnik Gospodarczy PIE".more

Octopus Energy and OVO Energy have launched separate initiatives targeting customers who struggle with heating costs, particularly those with medical conditions or mobility challenges. The schemes aim to help households reduce energy expenditure significantly, with potential annual savings reaching £300. more

Holland & Barrett, British Gas owner Centrica, and Starbucks franchisee EG Group are among the firms being named and shamed for failing to pay some of their staff the minimum wage.more

The City regulator has called on banks and payment firms to bring in stricter controls protecting customers from romance fraud after a study showed a number of missed “red flags” that led to people losing huge sums of money.more

The Department for Work and Pensions has confirmed the start date for new eligibility verification and bank account checks which will be rolled out from April 2026.more

It would take the average earner in the UK 52 years’ worth of earnings to become as wealthy as the richest 10%, according to new research by the Resolution Foundation. In a new report, the influential thinktank analyses the Office for National Statistics’ latest wealth and assets survey, which covers the Covid pandemic period of 2020-22.more

Barclays has launched an offer which means some people could get up to £900 if they switch both their current account and ISA savings. Under a new current account deal, you can get £400 by switching to a premier current account and depositing £4,000 within 30 days. more

Overseas nationals denied benefits under a Conservative plan to limit social security to UK citizens would have the option to return to their own countries, the shadow chancellor, Mel Stride, has said.more

Millions of households in England face the prospect of even bigger water bill increases than originally expected, as the competition regulator prepares to give a preliminary verdict on industry spending plans as soon as this week.more

The price of bitcoin (BTC), the first digital currency, reached a record high of over USD 125,000 yesterday. The reason for this is uncertainty related to the budget deadlock in the United States and the rise in US company shares, according to Bloomberg.more

Tesco has warned of an intensifying price battle in the run-up to Christmas amid “pressure on household budgets” but upped its full-year profit expectations by £100m after it grabbed market share and drew in more shoppers by keeping a lid on inflation over the summer.more

Elon Musk is the first person in history whose net worth has been estimated at over $500 billion, Forbes reported yesterday. The entrepreneur is therefore halfway to becoming the world's first billionaire.more

A rise in gas and electricity prices has prompted energy suppliers to call for "enduring" targeted support for those in financial difficulty. Energy costs are up 2% from Wednesday for millions of people in England, Wales and Scotland as regulator Ofgem's latest price cap come into effect.more

You can work for 10-20 years and pay pension contributions, and then be left with nothing. The Social Insurance Institution (ZUS) can take this money, as permitted by the provisions of the PiS-led Polish Deal, according to today's edition of “Gazeta Wyborcza”.more

Retailers have told the government that tax rises could further fuel inflation as the pace of shop price rises stepped up in September with increases on home improvement and gardening goods offsetting stabilising food prices.more

47-year-old Chinese citizen Zhimin Qian pleaded guilty in a London court to illegally acquiring and possessing 61,000 bitcoins with a current value of over £5 billion, the BBC reported today. During the four-year scheme, the woman defrauded over 128,000 people.more