Browsing: Finance

Customers of NS&I have been notified that their accounts would be unavailable online and by phone later this week. The government-backed savings provider NS&I has issued an online warning to clients, indicating that “essential maintenance” is in the works, which will affect account access. Before the work begins, NS&I has issued a warning on its website. Customers will be unable to access their accounts online or over the phone between 10 p.m. on Friday, July 9 and 10 a.m. on Sunday, July 11. The message began, “We’re going to perform some necessary maintenance on our systems, and we wanted to…

Rishi Sunak, of Universal Credit UK, has warned that the £20 increase must be maintained indefinitely. The Chancellor, Rishi Sunak, has been reminded that the UNIVERSAL CREDIT must be made permanent as the measure nears its end. Universal Credit is a benefit designed to assist those who are unable to work, have a low income, or are unemployed. The monthly amount can be used to assist people budget as well as meet necessary day-to-day expenses. During the pandemic, it was a lifeline for millions of people who had fallen on hard times or lost their jobs. Recognizing this, the government…

Furloughs are being threatened as Britons face ‘significant revenue losses’ as a result of the oncoming unemployment crisis. A new observation report has cautioned that the conclusion of the furlough will harm millions of individuals and their employers. The furlough is gradually coming to an end, with the government cutting a portion of its support just a few days ago. To ensure that employees on the plan did not lose their jobs during the pandemic, the government already donated 80 percent of their salary. Employers, on the other hand, have been obliged to take on greater financial responsibility in order…

Boris Johnson will lift the Covid limits, but self-employed support will be maintained – why? BORIS JOHNSON stated tonight that coronavirus limitations will be lifted starting July 19 as the disease’s risks have decreased. This is wonderful news, but there have been warnings that government help “must not cease here.” Boris Johnson addressed the UK live again tonight, confirming that coronavirus limitations will be lifted entirely from July 19 forward, as long as vaccine progress is maintained. This involves removing social barriers, eliminating the necessity for face masks, and limiting the number of people who can meet in one place.…

THREE things to consider before applying for an SEISS award for self-employed people 5 THE FIFTH SELF-EMPLOYEE SALARY GRANT will be available later this month. So, how does SEISS award number five differ from previous grants? From later this month, the Self-Employment Income Support Scheme (SEISS) will issue a fifth and final taxable payout to eligible claimants. However, before you apply, there are a few things you should know about the fifth grant. The fifth SEISS grant will be worth 30 or 80 percent of a claimant’s average trading profits over three months. “Self-employed people should be informed that if…

Customers are advised that they will not be able to log in or apply for new accounts this weekend, according to NS&I. From later this evening, NS&I customers will be unable to log in or apply for a new account. On its website, the government-backed savings provider stated that “essential maintenance” will be performed on NS&I’s systems. It will start at 10 p.m. on Friday, July 16, and end on Sunday, July 18. The online service will be unavailable during this time. As a result, savers will be unable to access their accounts over the weekend. They will also be…

Check now to see if your state pension is influenced by your workplace or personal pension. Other savings could affect a person’s state pension payouts, so many people will want to double-check their eligibility. Payments from the state pension provide security for persons approaching retirement and can sometimes be a vital source of funding for later life. The new state pension payout is now fixed at £179.60 per week, albeit the amount received will be determined by the amount of National Insurance contributions made. The majority of people will wish to get the most out of their state pension each…

Parents are being urged to act after a single mother won £5,000 – ‘Never give up!’ After a single mother won £5,000, parents are being advised to act – ‘Never give up!’ CHILD MAINTENANCE RECIPIENTS are being urged to take action to ensure they are getting the right amount of help after one parent received a £5,000 payout. The agreement between two separated parents to look for their child is known as child maintenance. In most cases, one parent who does not have major caring responsibilities pays the other parent who is in charge of the child’s day-to-day care. While…

Elon Musk’s reign of terror continues as cryptocurrency prices tumble 4.2 percent. ELON MUSK’s crypto reign of terror has resumed, with his latest tweet sending the price of Bitcoin tumbling by 4.2 percent. Following a harsh remark from the wealthy entrepreneur, Bitcoin plunged fast from $39,416 at 11 a.m. yesterday to $37,754 this morning. Ethereum was also down 4.8 percent this morning, from $2,454 at 8 a.m. yesterday to $2,337. At the same time, the joke coin Dogecoin, which has previously been backed by Tesla CEO Elon Musk, lost 3.5 percent. After Bitcoin Magazine published an image of Kraken CEO…

Bitcoin bust: Elon Musk attacked for “fearmongering” as price forecast to rise past $90,000. BITCOIN appears to be on its knees after struggling to recoup the velocity witnessed earlier this year, but a cryptocurrency specialist has attacked Elon Musk for his “fearmongering,” claiming that the price might bounce above $90,000 (£64,750). Bitcoin’s price has dropped by more than 4.3 percent in the previous 24 hours after Mr Musk responded to remarks made by Jesse Powell, the CEO of the Kraken cryptocurrency exchange, that the coin is “a lot greener than people give it credit for.” “Based on what data?” retorted…

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