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As the new Labour government gets to grips with the heavy task of running the country and re-assessing the UK's finances after 14 years of Tory rule, policies announced under the previous occupants of Number 10 are starting to be scrapped. The latest such policy is an ISA that was introduced by Rishi Sunak, which some experts have called "silly."
Martin Lewis has issued an urgent call to the public, urging them to ensure that older individuals in their circles including friends, relatives, and neighbours are aware that eligibility for this year's Winter Fuel Payment hinges on receiving a means-tested benefit like Pension Credit.
Millions of older Brits are likely to start paying income tax over the next five years, with large increases in State Pension payments pushing more and more pensioners over their personal tax threshold. This is because more than 12 million people over the age of 66 could see their State Pension rise by over £1,000, thanks to the Labour Government's commitment to the Triple Lock.
After changes to the Winter Fuel Payment that made the £300 benefit means-tested rather than universal, the government has started a fresh campaign to convince older Brits claiming the State Pension to apply for Pension Credit - or miss out on an average of £3900 in additional financial support.
Money saving expert Martin Lewis has issued advice to householders following the latest Ofgem price cap announcement that will see the average energy bill go up by £149 a year.
Martin Lewis has advised individuals to ditch their debit cards in favour of credit cards, citing the latter's superior benefits. Speaking on his BBC Sounds podcast, the Money Saving Expert founder responded to a listener's question, highlighting that credit cards can be "more powerful" when used correctly.
Energy customers from some of Britain's largest suppliers are being warned to cut their costs now. It comes as some industry experts predict the energy price cap to rise from £1,568 to £1,762 in October.
On Tuesday's This Morning, Ben Shephard made a "breaking news" announcement whilst hosting alongside Cat Deeley. They kicked off the show discussing the latest headlines with guests Ashley James and Tom Swarbrick.