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More than 8 million eligible people in the UK will receive 900 of ‘cost of living’. This includes universal credits, pension credits and tax credits. Government-issued payments are due to be sent directly to his bank account in three payments during the next financial year.
of Labor and Pension Bureau (DWP) also announced a separate 150 payment to over 6 million people with disabilities. Over 8 million pensioners receive 300 in addition to the ‘winter fuel payment’.
Jeremy Huntthe Treasury Secretary explained the need for more support for the UK’s lowest income households.
Mr Hunt said:
So next year we will put a further 900 into the pockets of more than 8 million low-income households. energy price guarantee, protecting millions of people from even higher global gas prices. “
A study of 2,000 adults on savings and investment apps Piggy bankfound that people paying rent and mortgages are spending just over 60 more each month than they were 12 months ago. I was.
Overall, people in the UK have an average of 250 less disposable income each month compared to last year. Moneybox also found that about 10 Britons keep her 6 in regular savings. 35% say they have achieved all financial goals they set for 2022.
Brian BurnsHead of Personal Finance Piggy bank, explained his take on the findings. Burns said:
But of course not everyone can plan for the future with budget flexibility. If so, the most important thing you can do for your financial well-being in 2023 is be positive Its about building good financial habits that set you up for long-term success.
new global research from coin journal The UK is the second most successful cryptocurrency country in 2022, seeing a rise of up to 431%.
The UK has found $8.16 billion in cryptocurrency realized profits. It also housed 617 cryptocurrency companies and had 886 cryptocurrency startups. We also found that approximately 4,181,575 people in the population own cryptocurrencies (just over 6% of the population).
The UK was second only to the US, which took first place in all categories considered. The United States saw an estimated $46.95 billion in crypto realization. It is home to 4,691 cryptocurrency companies and 1,992 cryptocurrency-related startups. Approximately 46 million people in the United States own cryptocurrencies (over 14% of the population).
NerdWallet United Kingdom Nearly half (45%) of UK adults believe they have some form of financial debt (not including mortgages or student loans).
The result is NerdWallet’s “2022 Household Debt ReportAccording to a survey conducted by the company among 2,000 adults in the UK.
NerdWallet also found that women (20%) were more likely to use the BNPL option than men (11%). Klarna When clear pay.
Breen Horn, a personal finance expert at NerdWallet UK, commented on the report. he said: It is very common for consumers to be in some form of debt. However, it’s important to make sure you can afford to pay it back before you commit to a credit agreement.
Borrowers who manage their repayments and repay their debts on time are less likely to run into problems. may endanger themselves.”
Titan Wealth Holdings Completed Acquisition of Kettering-Based Financial Advisor Telford Mann Group Limited.
Telford Mann provides financial advice to clients with various model portfolios managed on a discretionary basis. Titan hopes the acquisition will significantly increase its presence in the region.
John TelfordCo-Managing Director of Telford Mann said: Jillie Mann and I are extremely proud of what we have achieved together and will continue to work with the Titan team over the next two years to ensure a seamless leadership transition for our colleagues and clients. looking forward to “
