5,000 women could be in line for payouts ‘similar to a lottery win’ over underpaid pensions scandal Government sent thousands of letters to women who were underpaid pensions Sir Steve Webb has said 5,159 of them could be owed an average of £45,000 They should contact the Department for Work and Pensions as soon as … Read more
The £20-a-week boost to universal credit looks set to stay in place for another six months after Boris Johnson struck a deal with Rishi Sunak. The Chancellor has been resisting making the increase – introduced in response to the coronavirus crisis and due to end next month – permanent despite pressure from MPs across parties. … Read more
The £20-a-week boost to universal credit looks set to stay in place for another six months after Boris Johnson struck a deal with Rishi Sunak. The Chancellor has been resisting making the increase – introduced in response to the coronavirus crisis and due to end next month – permanent despite pressure from MPs across parties. … Read more
Government’s £2billion Kickstart scheme to get young people on universal credit into jobs has seen fewer than 2,000 start new roles in its first five months Kickstart programme launched in September and offers work placements Just 1,868 people have started their placements in the UK as of January 15 Work and Pensions Secretary Therese Coffey … Read more
Ministers are pressurising their own Government to end the vaccine postcode lottery amid fears the most vulnerable in some areas are being left behind. Matt Hancock revealed yesterday that more than 4million people in the UK have now received a vaccine, including more than half of over-80s and care home residents. The Health Secretary said … Read more
First-time buyers should be allowed to their pensions for cash to get on the property ladder, minister says Guy Opperman said he is exploring ways pensions could be used to fund deposits in a bid to help young savers locked out of the housing market UK savers cannot currently access defined contribution pensions before 55 The … Read more
Ministers admit they are bracing for unemployment to hit FOUR MILLION within months – as pubs warn they face laying off a QUARTER of staff Office for Budget Responsibility predicted unemployment could hit four million Therese Coffey said Department for Work and Pensions preparing on that basis But she said ministers ‘genuinely hope we don’t … Read more
Rishi Sunak has given a stark warning that tax rises are in the pipeline as he desperately tries to reassure angry Tories that they will not turn into a ‘horror show’. The Chancellor revealed his tough message to MPs as he failed to cover up a sheaf of speaking notes while leaving Downing Street. Mr … Read more
Pension funds will be ordered to warn of the risks that climate change could have on members’ investments Pension funds will be required to report risks of climate change on investments Largest 100 schemes will have to publish climate risk disclosures by end of 2022 Therese Coffey said the plans are a ‘significant step’ in … Read more
Matt Hancock blundered as he praised Marcus Rashford’s campaign for free school meals calling him Daniel Rashford instead today – but the football star saw the funny side and admitted it was not the worst thing he’s been called this week. The Health Secretary has been widely lampooned and criticised over the own goal on Sky … Read more