Iran war could increase mortgage payments for 1.3m more families, says Bank of England

Iran war could increase mortgage payments for 1.3m more families, says Bank of England

The US-Israel war against Iran could end up costing the monthly bills of more than one million UK households, the Bank of England has predicted, adding that the conflict has caused a “major supply chain crisis” in the global economy. Financial market turmoil over the Middle East conflict has caused banks to withdraw about 1,500 … Read more

The DWP confirms the reason why National Pension payments have not increased since April

The pensioner's hands checking the loose change in the bag

The 25p ‘age 80’ payment remains fixed at its current rate (Image: Getty) The State Pension paid to people over 80 who retired before 2016 will not increase from April. The State Pension increases at the beginning of each new tax year, on 6 April, in accordance with three keys. The new rates are determined … Read more