The Bank of England recently cut the base rate by 0.25 percentage points, bringing it down to 4.75% from 5%. This base rate set by the central bank influences how much banks charge each other to borrow money, and therefore impacts rates on mortgages, loans, and savings. This is the second rate reduction this year, … Read more
The Department for Work and Pensions (DWP) offers the Cold Weather Payment to help eligible UK households manage heating costs during extreme cold. From 1st November 2024 to 31st March 2025, if temperatures in your area drop to 0°C or below for seven consecutive days, you may receive £25 per cold period. This payment is … Read more
If you’re a government employee or a pensioner and want to know about the 8th Pay Commission date and when it will be implemented, this article is for you. Here, we will explain everything about the 8th Pay Commission in simple terms. We’ll also share the latest updates and new reports about it, so make … Read more