finance

• Many new mothers will receive far less than their salary while on maternity leave
• The average takeaway (£30) equates to 99 nappies, enough for eight days
• Financial expert, Christie Cook, shares her saving tips for maternity leave

While it differs company to company, the majority of new mothers will not receive their full pay for their maternity...

• Families could save more than £13 million a week on energy costs as children go back to school this week[1]
• Cooking, television watching and dishwasher use are set to fall by the biggest amount, potentially saving each household around £125 a year [2]

• With energy prices set to rise from October, Uswitch.com encourages households to take
...

More than a million parents will receive reminders from this week to extend Child Benefit for their teenagers if they are continuing their education or training after their GCSEs.

HM Revenue and Customs (HMRC) is sending more than 1.4 million Child Benefit reconfirmation letters to parents between 24 May and 17 July. The letters will include a QR code which, when scanned, directs...

Coming off a mortgage deal? These are the steps you can take…

Ben Thompson, Deputy CEO at Mortgage Advice Bureau : “Homeowners across the UK will be feeling concerned about where interest rates are now, and where they might be heading in the next six months. While the size of interest rate hikes seems to be smaller than they were at the start of the increase cycle, further increases in rates...

Tax credits provide 1.5 million working families with targeted financial support to help them stay in work and raise their families. With the deadline for renewing your Tax Credits fast approaching, Parenting Daily put a list of questions to the experts at HM Revenue and Customs (HMRC) to ensure you have the answers you need.

What are Tax Credits?

There are two types of Tax Credits:...

Cost of private education rises 5.6% with average parents increasingly priced out:

· Typical annual boarding school fee for a secondary school pupil rises 5.2% to hit £39,006 while the average annual day school fee up 5.8% to £16,656

· With further fee hikes expected, parents set on a private education must either be ultra-wealthy, have a sound financial plan or have generous...

Use this Valentine’s Day to set a money date

Craig Bundell, Help me Borrow Director at Tesco Bank: “While talking about money might not be at the top of the list for Valentine’s Day, it’s an incredibly important part of any relationship. Every couple should have time set aside for a money date. A time to discuss savings goals, planning for the future and potentially more tricky topics like...

Essentially a credit score is a tool for lenders draw information from to predict the future. The score, and more importantly credit report, presents a snapshot of how likely you are to repay the money that they lend. Here, Sam Covington at Finbri reveals 3 ways to improve your credit score along with saving hacks that work to eliminate debt in 2023.

Be Strategic + up the ante....

According to National Family Mediation (NFM), which helps families to sort arrangements for children, property, finance and other important matters following separation or divorce, disagreements over pensions and finance feature in around 20% of cases that they deal with.

While the charity says that most people want to keep things as amicable as possible during the divorce process,...

Virgin Money has relaunched its innovative financial education programme, Make £5 Grow, with additional tools and resources designed to prepare schoolchildren and provide the skills they need to better manage their finances in the future.

Delivered in schools, Make £5 Grow is a free scheme which works with and encourages both younger and older children, to develop innovative business...