31 results for: pensioners
Your guide to finding cheap glasses on the high street and internet
Reading Time: 7 mins Cheap glasses. Twenty-two million people in Britain could be forced to struggle with poor vision due to the cost of living crisis, according to the Association of Optometrists (AOP). You can understand why: glasses are not cheap. Optometry Today estimates that the average Brit spends £120 on each pair of glasses, so it’s not surprising … read more
Inflation – what is it, what causes it, and where is it heading ?
Reading Time: 4 mins “Everyone loves an early inflation. The effects at the beginning of inflation are all good. There is steepened money expansion, rising government spending, increased government budget deficits, booming stock markets, and spectacular general prosperity, all in the midst of temporarily stable prices. Everyone benefits, and no one pays. That is the early part of the … read more
When will you receive the cost of living payments?
Reading Time: 2 mins When will you receive your cost of living payments? In the Autumn Statement, Chancellor Jeremy Hunt unveiled cost of living help which will be paid to millions across the UK. People are in line to receive up to £1,350 directly into their bank accounts from spring 2023. Now, the key dates for receiving these payments have … read more
101 Things to look forward to in 2023…
Reading Time: 6 mins 2022 was a really challenging year for lots of people. With energy prices through the roof, the cost of living not getting any better and it was so cold in December, which didn’t help any of us feel more cheerful. Christmas can also be hard, especially if you had to cut your budget and couldn’t … read more
25 financial changes for 2023
Reading Time: 7 mins Financial changes 2023. 2022 has been a year that has felt relentless for so many. With inflation, energy price rises, war and a dead queen, a lot of people are feeling really rather bruised and scared about why lies ahead. The constant doom and gloom in the financial forecasts can feel oppressive and scary. However, … read more
What happens to your pension when you die?
Reading Time: 6 mins How can you make sure your loved ones inherit your pension fund when you die? You’ve spent years saving and making sure that your pension is growing – it’s only natural that you will want to ensure that it goes to the right people. Here at MoneyMagpie we’ve put together a short guide on what … read more
Autumn Statement 2022: The key points
Reading Time: 5 mins Today, the Chancellor Jeremy Hunt has announced the Autumn Statement. After the kerfuffle of ‘Trussonomics’ and the saga of Kwasi Kwarteng’s mini-budget back in September, the country was waiting eagerly to see what Mr. Hunt had to say. The Chancellor started his speech in the House of Commons with a statement suggesting that, “Unprecedented global headwinds, … read more
THE AUTUMN STATEMENT ’22: Jasmine’s predictions
Reading Time: 3 mins The first Autumn Statement under Prime Minister Rishi Sunak’s government is to be announced next Thursday, November 17th. The country has seen much turmoil in the last year. From soaring living costs to rapidly rising inflation. Let’s not forget the eye-watering interest rates! The general public are hotly anticipating what is to come. This is … read more
Battle of the value brand: Which gives the biggest bang for your buck?
Reading Time: 14 mins Which value brand gives the biggest bang for your buck? Inflation hit 10.1% recently, pushing food prices to a 40-year high. Buying food and feeding families is a worry hitting many people across the UK, with food poverty and hunger set to become an even more regular occurrence in our society. Many supermarkets are working … read more
Breakdown of Financial Support This Winter
Reading Time: 4 mins Financial Support this winter. The government have pledged to help households with their cost of living and energy bills, as the latter are expected to soar to £3,420 in October with a predicted rise to £3,850 in January. Utilities consultant BFY have released the figures revealing a 74 per cent increase to the energy price … read more
Iceland Food Club: The scheme aiming to relieve food poverty
Reading Time: 2 mins Frozen food giant Iceland has been working hard to help their customers in any way possible to combat the cost of living crisis as food prices soar. We recently wrote about the chain giving 40,000 pensioners across the country £30 vouchers to spend on essentials within their stores. Now, Iceland are partnering with charity-owned lender … read more
All the things you can get financial help with (Updated)
Reading Time: 6 mins Financial Help Claimants of Universal Credit could be due thousands worth of extra financial of extra help, but may not be aware of it. Low income Brits are struggling with their household budgets in the face of rising costs – from household bills like gas and electricity to food and general cost of living – … read more