Bank of England admits British workers set to be replaced by AI
Bank of England Governor Andrew Bailey has warned that artificial intelligence (AI) is likely to displace British workers…
Pension confidence falls as savers favour cash over investments
More than half of working adults in the UK are saving for retirement outside of their workplace pensions,…
HMRC rake in an extra £5.8bn as inheritance tax grows as Treasury’s ‘most dependable money-spinner’
The Treasury collected £5.8billion in inheritance tax during the first eight months of the current financial year, according…
State pension age rises ‘doubled poverty’ as older Britons must ‘keep working’, Lords warn
State pension age rises have contributed to an “increase in financial hardship” for older Britons as the absolute…
Contactless card payments to see major change to £100 limit- what does it mean for you
Contactless card payment rules will be overhauled for millions of bank customers next year under new plans drawn…
Labour confirms pension move that could leave millions of Britons with less take-home pay
Labour’s pension minister has confirmed it will keep automatic enrolment thresholds frozen for the 2026/27 tax year, a…
Rachel Reeves slammed for failing to deliver pension certainty for savers
The Treasury has confirmed it will not introduce a Pension Tax Lock, despite a public petition attracting more…
Retirees face ‘frustrating’ 24-day wait for savings payments over Christmas
Analysts are sounding the alarm that pensioners face an up to 24-day wait for pension savings over the…
State pensioners able to claim payments of up to £305 this winter
Hundreds of thousands of pensioners across Scotland have begun receiving winter heating support as payments land in bank…
Government responds to calls for major tax rule change for state pensioners
Almost 40,000 people have signed a petition calling for the tax free allowance for the state pension to…