income

picture of a couple looking at their finances

Thousands of low earners to benefit from income boost today

Today, tens of thousands of low income households will get a cash boost as higher Universal Credit payments land in bank accounts for the first time.

From: Department for Work and Pensions and The Rt Hon Thérèse Coffey MP

Published 1 December 2021

As announced in the Autumn Budget, the taper rate – the amount that a person’s Universal Credit is reduced by as they...

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The secret to a happy retirement? £26,000 per year, Which? research reveals

Two-person households need an average annual income of £26,000 for a comfortable retirement, Which?’s latest research has found.

With the past year altering many people’s spending habits or potentially accelerating their plans for retirement, finding out how much money is needed to finance a reasonable standard of living in later life has taken on an increased importance.

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