MoneySavingExpert News

Cost of Living

Third and final cost of living payment paid to millions on certain benefits – what to do if you haven't got yours

More than seven million households on certain benefits including Universal Credit and Tax Credits have now received the third and final instalment of their cost of living payment. Here's all you need to know on whether you're eligible and what to do if you're missing your payment.

23 February 2024

Ring to raise basic doorbell subscription prices by 43% – but we've a trick to beat the hikes

If you've got a Ring doorbell 'Protect Basic' plan, you'll see the cost of your subscription rise by 43% from Monday 11 March – whether you pay monthly or annually.

9 February 2024

English student living loans to rise by 2.5% in September – a real-terms CUT that will leave many struggling, warns Martin Lewis

English student living loans will once again rise by less than the rate of inflation, the Government has announced.

5 February 2024

Millions would need to DOUBLE their incomes to escape poverty, warns charity – as Martin Lewis urges policymakers to act

Millions of people would have to double their incomes to escape financial hardship, says anti-poverty charity Joseph Rowntree Foundation in a new report published today.

23 January 2024

All London primary age children to get free school meals again from this September – here's what you need to know

Every primary age child in London will get free school meals again in the 2024/2025 academic year, Mayor of London Sadiq Khan has confirmed. Here's what you need to know.

9 January 2024

Sell on eBay, Etsy or Vinted or rent your home on Airbnb? Firms will now report your earnings to HMRC – so check if you need to pay tax

Firms such as eBay, Etsy, Vinted and Airbnb will soon start passing on certain information about you to HM Revenue & Customs.

3 January 2024

Scottish Budget 2023: Income tax shake-up confirmed from April 2024 – here's what's changing

From 6 April 2024, the threshold at which earners in Scotland start paying certain rates will rise for some tax bands, while a new "advanced" rate tax band will be introduced. The "top" tax rate will also increase.

19 December 2023

Urgent action needed to stop lenders bombarding people who've missed payments, say Martin Lewis and charity

New rules are urgently needed to stop lenders overwhelming people with letters, calls, texts and emails about missed payments, according to charity the Money and Mental Health Policy Institute and its founder and chair Martin Lewis.

14 December 2023

Second cost of living payment paid to millions – here's who qualifies and what to do if you haven't got yours

More than eight million households on certain benefits and Tax Credits have now received the second third of their £900 cost of living payment.

28 November 2023

Autumn Statement: Workers to pay less in national insurance – but rate cuts don't offset the freezing of personal tax thresholds

Both employees and self-employed workers will pay less in national insurance from next year, Chancellor Jeremy Hunt has announced in today's Autumn Statement.

22 November 2023