Cait Findlay

1 week ago | cambridge-news.co.uk | David Bentley |Cait Findlay

Millions of Brits have been given a 24-hour warning to check their bank accounts or face the prospect of being left without cash over the Easter break. The bank holiday weekend for Easter 2025 implies that households will be unable to seek assistance for any discrepancies or missing funds. Key support services such as DWP helplines, jobcentres, and organisations like Citizens Advice will be closed from Good Friday through to Easter Monday.

1 week ago | cambridge-news.co.uk | James Rodger |Cait Findlay

The Department for Work and Pensions has introduced a fresh Universal Credit initiative that could see claimants boost their annual payments by up to £420. This new measure is expected to help households increase their income from their Universal Credit award by an average of approximately £35 each month. Labour Party Chancellor Rachel Reeves unveiled the Fair Repayment Rate during the Autumn Budget in October, with plans for it to come into effect from April 30.

1 week ago | cambridge-news.co.uk | David Bentley |Cait Findlay

The Department for Work and Pensions (DWP) has confirmed it will be conducting a survey asking Personal Independence Payment (PIP) claimants how they spend their benefit payments. The research aims to understand the disability expenses that PIP is expected to cover. Ministers have clarified that PIP is not an income replacement benefit, but is intended to assist with additional costs resulting from a disability or long-term physical or mental health condition.

1 week ago | cambridge-news.co.uk | Richard Guttridge |Cait Findlay

UK households banking with major names can make a significant change to enhance their bank balances. Financial experts highlight that a common error made by Brits is leaving their savings in an account offering a poor return rate. This results in them missing out on additional income that could be earned through interest on their savings. As we entered the new tax year in April, savings specialists have provided advice on how households can optimise their money management.

2 weeks ago | cambridge-news.co.uk | James Rodger |Cait Findlay

The Department for Work and Pensions and HMRC have been told to "get a grip" on what's being dubbed a 'farcical' state pension issue. The authorities are being urged to take control of the state pension top up system. In a scathing column written before the impending deadline to increase National Insurance contributions this weekend, Tanya Jefferies of This is Money said: "Imagine transferring a huge wedge of cash to a government department, only for it to seemingly vanish into a black hole.