The squeeze on households tightened in March as rapidly rising food and fuel prices sent inflation to another 30-year high, even before energy bills spiked at the start of April.
01.04.2022 - 17:25 / dailyrecord.co.uk
The cost of living squeeze is going to get tighter this month as millions of households face soaring bills on top of a 1.25 percentage point National Insurance Contributions hike to help pay for health and social care across the UK.
State Pension and other benefits delivered by the Department for Work and Pension (DWP) will be uprated by 3.1% on April 11- but inflation could hit a 40-year high of 8.7% in the fourth quarter of 2022, according to the Office for Budget Responsibility (OBR).
Eight benefits delivered by the Scottish Government will also increase this month, by 6%, to try and help more households mitigate the barrage of increased outgoings on everything from food, streaming TV services, broadband and mobile phone costs and of course, energy bills.
Many money-saving lists are doing the rounds at the moment, some with really good tried and tested tips and tricks to help people reduce their outgoings.
The one below hopefully has something for everyone, whether you’re living on your own or with a family, whatever age you are, and whatever your financial circumstances.
If you have a really good piece of money-saving advice that doesn’t appear on this list, please share it in the comments below or on our Money Saving Scotland Facebook group, so that we can create the ultimate, realistic list of things to do during these really challenging times.
Martin Lewis recently shared four things everyone needs to check before the current financial year ends on April 5, or they could be missing out on allowances or refunds.
A tax code is used by an employer or pension provider in order to work out how much Income Tax to take from an individual's pay or pension.
Tax code 1257L will be the most common tax code for the tax year 2021/22
The squeeze on households tightened in March as rapidly rising food and fuel prices sent inflation to another 30-year high, even before energy bills spiked at the start of April.
The number of self-employed people has steadily increased over the last two decades, climbing from 3.2 million in December 2000 to over 5 million at the start of 2020, settling at 4.2 million this year.
More than two-fifths (42%) of people predict their finances will worsen over the next three months, according to a wealth and wellbeing tracker by LV=.
It's the end of an era for the cast of , but it's also the beginning of a new one for its Freeform spinoff, . ET spoke with the cast on the red carpet of the 39th Annual PaleyFest LA, a bittersweet affair since it's the final one that the family will attend together as a cast. For the stars attending, which include Anthony Anderson, Tracee Ellis Ross, Yara Shahidi, Marcus Scribner, Miles Brown, Marsai Martin and Jenifer Lewis, it feels as if they came together for the first time just yesterday.For Shahidi — who left the main cast at the end of season 3 to lead -- the ability to decide on their ending has been «really beautiful.»«It's really beautiful to end this as a celebration.
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A strange conspiracy theory has been making its rounds on social media, leading to Money Saving Expert founder Martin Lewis to publicly debunk it.
Martin Lewis has revealed how to find out what the cheapest petrol in your area is. The Money Saving Expert guru, who recently advised Brits on what to do ahead of energy bills increasing, is known for being the journalist to go to for the best ways to save pennies, and now the UK needs it more than ever. The 49 year old's latest tips and tricks come in the wake of the country's biggest cost crisis since the 1970s, with fuel prices increasing every day and utility bills skyrocketing.
Martin Lewis has shared a savvy piece of advice that could help customers with Sky packages save up to a whopping £500 off their yearly bill.
Sky customers could save almost £500 a year thanks to a tip shared by Martin Lewis.
Thousands of people are expected to join nationwide protests against the rising cost of living today - with a demonstration planned in Manchester city centre. The People's Assembly has organised a march and protest in Piccadilly Gardens from 1pm this afternoon (Saturday).
Boris Johnson has admitted the government needs "to do more" to tackle the growing cost of living crisis plaguing the UK.
People on benefits, the disabled and those who cannot afford a car have been forgotten in Rishi Sunak 's Spring Statement, Mayor Andy Burnham has said. The Greater Manchester mayor welcomed the measures announced by the Chancellor today (March 23), saying they will 'clearly benefit many people'.