MoneySavingExpert News
Benefits
If you're an unpaid carer, you'll soon be able to earn £45 more a week without losing your entitlement to Carer's Allowance. The move has been announced by the Chancellor Rachel Reeves in today's Autumn Budget. From 7 April 2025, the earnings limit for carers will rise from £151 to £196 – but earn a penny over this and you'll still see the entire benefit clawed back.
30 October 2024
The full State Pension is set to rise by £362.65 (4.1%) a year for most pensioners on 6 April 2025, under what's known as the 'triple lock' guarantee. Those on the full new state pension will see a rise of £474.85. Meanwhile certain benefits, including Universal Credit, are expected to increase by 1.7%.
16 October 2024
Winter Fuel Payments – a tax-free payment made to all pensioners to help with winter energy bills – are to be restricted to those on benefits and Pension Credit, the Chancellor Rachel Reeves has announced. But MoneySavingExpert.com founder Martin Lewis has urged the Government to include a wider group, and to leave no stone unturned ensuring the 800,000 eligible who miss out on Pension Credit get it.
2 September 2024
Demands to repay Carer's Allowance overpayments are having a "shocking" impact on unpaid carers' lives, according to a new report from Carers UK. The charity has called for urgent action to prevent carers from unwittingly building up huge debts – an issue MoneySavingExpert.com (MSE) founder Martin Lewis has also raised with the Government.
29 July 2024
Confused about the 'two-child benefit cap' and what it really means? MoneySavingExpert.com founder Martin Lewis has a quick and simple video briefing to clear up some of the misinformation. It takes you through Child Benefit rules, the two-child limit for Universal Credit and the benefits cap.
23 July 2024
MoneySavingExpert.com founder Martin Lewis has grilled the Chancellor Jeremy Hunt on whether he'll fix the Carer's Allowance "cliff-edge" that causes people to lose their entitlement when they earn just a penny over the threshold. The interview took place just before the general election was called last week.
28 May 2024
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