
Linda Howard
Money and Consumer Writer at Scottish Daily Record
Articles
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3 days ago |
dailyrecord.co.uk | Linda Howard
Earlier this month, Pensions Minister Torsten Bell confirmed the State Pension will not be means-tested in the future after mounting speculation on social media hinted that the contributory benefit would be the next to be reviewed by the Labour Government.
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4 days ago |
dailyrecord.co.uk | Linda Howard
People can deposit up to £300 per month to take advantage of the market leading savings rate. Digital bank Zopa has entered the current account market, enabling customers to earn 2 per cent interest on balances as well as cashback on purchases and an impressive 7.10 per cent interest on a linked savings account. The new account, called Biscuit, offers 2.00 per cent AER (annual equivalent rate) interest on balances.
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4 days ago |
dailyrecord.co.uk | Linda Howard
Conservative MP Danny Kruger has urged the Department for Work and Pensions (DWP) to include a review of the Motability scheme as part of the UK Government’s planned benefits reforms. The shadow minister put the suggestion to the senior DWP ministerial team on Monday during oral questions. The MP for East Wiltshire said: “One area where the Government do not seem to be looking for savings is in the Motability scheme.
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4 days ago |
dailyrecord.co.uk | Linda Howard
Planned changes to PIP eligibility are set to start in November 2026. The Department for Work and Pensions (DWP) has reassured claimants there will be “no immediate changes to Personal Independence Payment” for 3.7 million people when the proposed welfare reforms come into effect next November, subject to parliamentary approval. Work and Pensions Secretary Liz Kendall told MPs on Monday that nine out of 10 existing claimants will be unaffected by the changes.
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4 days ago |
dailyrecord.co.uk | Linda Howard
DWP has blocked £1 billion incorrect payments in a drive to protect people from falling into debt. More than £1 billion in incorrect Universal Credit payments have been blocked by the Department for Work and Pensions (DWP) in a drive to stop people falling into financial difficulties. The milestone was reached after a programme to review payments was ramped up by the Labour Government last summer, with more than one million cases now looked at.
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