After going through a divorce and then brain surgery in 2016, Elspet Wilson decided she wanted to start dating again and joined a dating site. She was contacted by a man who used a fake identity and alias ‘Brian Walsh’. They started a relationship with the promise of marriage and she sent him almost £10,000.
BUSINESS
Yorkshire Building Society has today launched a new issue of its Internet Saver Plus. Internet Saver Plus is an easy access savings account, for savers looking for a competitive return on their short-term savings. The easy access savings account, which is available from today, benefits from tiered variable interest rates of up to 1.31 percent on
Recently, all benefit payments awarded by the DWP were increased by 3.1 percent, the same rate of Consumer Price Index (CPI) inflation from September last year. This has proven to be controversial as inflation in the UK has recently hit a 40-year high of nine percent as of last week. As a result of this,
I’d love to see Sunak could reverse last year’s decision to freeze personal tax allowances for five years, which is ramping up income tax bills. Yet that will do nothing to help pensioners, the disabled and the vulnerable, who often pay no income tax at all. Cutting VAT, say, from today’s 20 percent to 15
The S&P/CIPS composite purchasing managers index (PMI), a closely watched economic indicator, has fallen from 57.6 in April to 51.8 this month. That is the lowest score in 15 months. A score above 50 points to economic expansion, below signals contraction. S&P said that businesses were feeling the pressure from their escalating costs, as well
As bills continue to rise, people are being reminded they could qualify for financial help from the DWP. Some 850,000 state pension age Britons are missing out on this DWP benefit which could also shave thousands off their energy bills and council tax. Pensioners are missing out on an average of £1,900 a year in
NS&I has announced it will increase the Premium Bonds prize fund rate from 1 percent to 1.4 percent, a move that Express.co.uk called for earlier this year. The prize fund rate is the percentage return you can expect to get every year, with average luck. The change kicks in from the June draw and the odds of
That is £10 million more than in the same month last year, while the total inheritance tax (IHT) take has now DOUBLED in a decade. Tax experts are urging families to intensify their IHT planning as bills will continue to rocket due to Sunak’s five-year tax freeze. HM Revenue & Customs is expected to pocket
While it has had little effect on the wider market, the unfolding events have attracted captains of the fiat world. Christine Lagarde, the European Central Bank president, has positioned herself firmly against cryptocurrencies. In an interview with Dutch talk show College Talk, she said her “humble assessment” was that they were “worth nothing”. She said
Tip of the week Number spoofing is a tactic used by criminals to trick you into thinking you’re being contacted by your bank or a trusted organisation. The caller ID on your phone may seem to be displaying the number from the back of your bank card, but this could be a scam or a
Among the high value prizes people can win through the draw are £1million, £100,000, £50,000 or £25,000, with smaller payouts also included in the draw. In last month’s prize draw, two lucky winners took home the £1million prize, being picked randomly by ERNIE, otherwise Electronic Random Number Indicator Equipment. Overall, 3.3 million other Premium Bonds
During his appearance in front of the committee, Mr Brearley apologised on behalf of Ofgem for not doing enough to prevent the price cap from reaching this amount. In October 2021, the energy price cap sat at £1,277 which means households will likely see their bill double within the space of one year. On top
Linda claimed that Richard sent her a cheque worth £147,000. He sent this to reassure her that she would get her money back and supposedly to show he meant what he said, however he dated it two months in advance. During these two months, Richard had asked Linda for another £20,000. She continued: “I cannot
One of the savings accounts offered by Shawbrook Bank is readily available to customers who want a solid fixed rate. The second issue of the bank’s Six Month Fixed Rate Bond offers those looking to boost their finances a two percent rate. However, there are stipulations as to what savers can do with the money
A DWP spokesperson said: “We know that fraudsters will continue to try to make fraudulent Universal Credit claims using stolen identities and we have countermeasures in place which allow us to identify these claims at the earliest opportunity in the majority of cases. “Verification of new claimants’ identity remains at the core of the checks
LUNA‘s sudden crash last week opened up a bearish market, with a clutch of currencies following the ill-fated token in trending down. Both LUNA’s established and alternative coins plummeted, with Bitcoin and Ethereum down two points each and DOGE and Solana down 3.39 and 7.56 points. Funds have shrunk down to their lowest points since
Ms Coles said: “In an average year, someone with £1,000 in the bonds will win nothing. ”It’s worth knowing the chances of a win too. “While the chance of any win at all with a £1 bond is 34,500, the chances of winning £1million is one in 58.58 billion – which is vanishingly small. Of course,
The Government is currently consulting on increasing ithe state pension age again while one think tank thinks it should be increased to 75-years-old. What do you think? Vote in our poll. Currently, Britons have to wait until they reach 66-years-old to draw their state pension. For people born after April 5 1960, there will be
As the cost of living crisis continues to dominate the headlines, people are being urged to check whether they are sitting on thousands of pounds in unclaimed cash. One way Britons could pay for rising energy bills is by seeing if they are owed a tax refund from HMRC. Thousands of Britons could be owed
Express.co.uk readers insist that Sunak must reinstate the State Pension triple loft uplift even if it means giving pensioners a 10 percent pay rise next April. Many fear he could suspend it for a second time, saying inflation has skewed the mechanism. Under the triple lock, the State Pension increases either by earnings, inflation or
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