Money Wellness

News

Get all the latest news and expert advice on the money matters that matter to you. Rent, mortgages, bills, benefits and more. 

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    cost of living

    Biggest increase in the price of privately renting since records began

    Private rents have increased by an estimated 9.2% in the last 12 months to March, the Office for National Statistics (ONS) revealed. Find out what to do if you're struggling with rent or mortgage repayments.

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    benefits

    1.44 Million unemployed in the UK

    Find out what financial help you may be entitled to if you're unemployed.

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    debts

    Outstanding payments on credit cards grow by 10%- the best ways to pay off your credit card debts

    Outstanding balances on credit cards have grown by almost 10% annually, as UK Finance releases it’s figures about card spending in January of this year.

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    cost of living

    Petrol prices rise by 8p in just four months

    While Petrol prices soar, find out what help you can get for essential costs.

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    managing your money

    UK swifties have lost £1 million due to Eras Tour ticket scams

    Victims to Taylor Swift tickets scams have lost £1 million. It's important to note that all tickets are sold out.

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    inflation
    cost of living

    UK inflation falls to 3.2%, but not as much as expected

    Inflation falls but not as much as expected and could stop the Bank of England from cutting interest rates in May.

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    managing your money

    Cost of ‘settling down’ in the UK reaches £400k

    If you’re on working tax credit or getting universal credit and struggling to build up savings, you may be eligible for a Help to Save account.

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    bills

    Scottish Power set to pay £1.5 million for overcharging customers

    Scottish Power was charging customers above the price cap during the height of the energy crisis. The average amount Scottish Power overcharged customers was £149 per customer.

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    managing your money

    Fraudsters made £2.3 billon in 2023, as AI scams rise

    Find out how to protect your money from AI scams.

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    bills

    Are you missing out on compensation for failed broadband in the UK?

    If you experience a broadband failure, you're entitled to automatic compensation.

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    bills

    Over 84,000 households faced with Section 21 evictions after failed promise to ban them

    Since the government's 'failed' promise to ban no-fault evictions, over 84,000 households have had eviction notices.

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    bill
    cost of living

    High energy bills are adding an extra month’s rent to household finances

    Tenant’s energy bills peaked at the highest level in seven years, Hamptons found. In one year, average annual gas and electricity bills amounted to £1,331 for a typical rental home. If you're struggling, find out what to do.

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    cost of living

    Half of people had to cut non-essential costs in first quarter of 2024

    With half of people cutting non-essential costs and many dipping into their savings to afford essential costs, find out what help you cant get.

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    benefits

    How have changes across the UK impacted universal credit and its claimants?

    The Resolution Foundation carried out research about how the current universal credit system compares to the legacy benefit system it replaces and how changes in the UK over the last decade have changed its impact.

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    debts

    Brits spend £1.4 billion a year on overdrafts

    If you're in need of debt advice, we can help.

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