6 h. ago Thousands will receive DWP State Pension at different date than normal in May

State Pension payments will be affected for thousands of people across this country this month due to another bank holiday taking place in May

Politics

35 h. ago Who REALLY goes to sex parties? I went to an exclusive event in the sleepy British countryside with erotic dancers and a BDSM room

When people asked me what I had planned for the bank holiday weekend I squirmed and replied "not much" before blurting out I was actually off to a sex party in Berkshire - they thoughts I was kidding.

Politics

64 h. ago DWP shares update on powers to check benefit claimant's bank accounts

New legislation would allow the DWP to monitor the bank accounts of people claiming benefits and it's already passed in one of the final hurdles to becoming law

Economics

3 d. ago NatWest, Santander and Barclays customers issued alert over upcoming changes

A social media finance expert has warned customers of NatWest, Santander and Barclays about upcoming changes to their accounts - and advised on how to best prepare

Economics

3 d. ago People who bank with Santander, Barclays or Sainsbury's issued alert over changes coming in days

The three high street banks have issued a number of changes

Events

3 d. ago DWP confirms five things checked in bank statements and transactions of people on Universal Credit

DWP also uses transaction details to make an ‘accurate assessment’ of a claimant’s current financial circumstances.

Economics

4 d. ago New interest rate cut could see people with tracker mortgage save nearly £350 a year

People with savings are set for a further slump after the Bank of England cut the base rate to 4.25% on Thursday.

Economics

5 d. ago Start date for new Eligibility Verification on certain DWP benefits confirmed

The Eligibility Verification Measure will not give DWP direct access to bank accounts or enable investigators to see how people on benefits spend their money.

Politics

5 d. ago China to cut interest rates in response to trade war with US

Half-point cut to be made to banks’ reserve requirement ratio and 1tn yuan released into banking systemBusiness live – latest updatesChina will cut interest rates and inject some much-needed liquidity into the domestic economy, as the country steels itself for a bruising trade war with the US.The People’s Bank of China said on Wednesday it would make a half-point cut to the banks’ reserve requirement ratio, its benchmark interest rate, and release 1tn yuan (£103.6bn) into the banking system. Continue reading...

Events

5 d. ago UK and eurozone construction declines slow; European markets fall ahead of Fed rate decision – business live

People’s Bank of China cuts interest rates due to global uncertainty and ‘trade tensions’Matthew Pointon, senior commercial real estate economist at Capital Economics, said:The commercial balance was at its lowest since the height of the Covid lockdowns in May 2020. Early signs of a recovery in construction activity in late 2024 have therefore been snuffed out. Elevated interest rates will be partly responsible, but uncertainty caused by the US tariff announcements may also be weighing on activity.Admittedly, UK property is relatively well insulated from the impact, and some sectors may even benefit. Construction costs may also ease if materials that had been destined for the US are rerouted to the UK. But the rise in overall economic uncertainty may cause some developers to delay plans until the outlook becomes clearer. Indeed, the new orders balance saw a small fall to 44.0, from 44.2 in March. Continue reading...

Society

6 d. ago Fifth of people ‘avoid checking bank balance because of feeling anxious’

Some people risk ‘falling into a cycle of debt’ by not keeping track of their spending, Aldermore bank warned.

Economics

7 d. ago Rail disruption to continue on Tuesday as Welsh commuters return to work after bank holiday

As people make their way back from a long bank holiday weekend, rail disruptions caused by a fire are set to continue

Economics

1 week ago DWP update on plans that would let them check people's bank accounts

It is part of “biggest ever crackdown on fraud against the public purse”

Economics

1 week ago DWP benefit and pensions payment dates for May Day bank holiday

The Department for Work and Pensions (DWP) has confirmed the dates when people claiming benefits will be paid over the upcoming May bank holidays

Economics

2 w. ago Starmer faces Labour revolt over plan to raid bank accounts of benefit claimants

Welfare fraud bill would allow funds to be taken from bank accounts and driving licences to be cancelledShould benefit claimants risk having their bank accounts spied upon and driving licences revoked? I don’t think soKeir Starmer is facing a rebellion over his plan to use direct deductions from people’s bank accounts and the cancellation of driving licences as part of a government crackdown on welfare fraud and over-claiming.In an attempt to claw back the annual £9.7bn in benefit overpayments made by the Department for Work and Pensions due to fraud or error, the government has adopted Conservative plans for debt recovery. Continue reading...

Economics

3 w. ago Bomb squad called to beauty spot as people warned to 'stay away' on busy bank holiday weekend

Emergency services blocked off Rivington Reservoir after 'grenade type' devices were found

Events

3 w. ago Met Office issues UK Good Friday warning for flooding and disruption as 'heavy' rain to hit

Downpours could cause major problems for people hoping to get away for the Easter bank holiday weekend

Events

3 w. ago Easter weekend travel warning issued ahead of ‘busiest’ day of travel

Holidaymakers are urged to check before they travel as people jet off for the bank holiday weekend

Events

3 w. ago DWP confirms start date for Eligibility Verification and ‘monitoring’ bank accounts to stop benefit fraud

The Eligibility Verification Measure will not give DWP direct access to bank accounts or enable investigators to see how people on benefits spend their money.

Economics