Committees from UK’s four parliaments call for £20 increase in Universal Credit to be made permanent

Committees from UK’s four parliaments call for £20 increase in Universal Credit to be made permanent after it was brought in during pandemic MPs are urging the £20 increase in Universal Credit to be made permanent Committees at UK’s four parliaments say payments are ‘lifeline for millions’ Rishi Sunak is trying to bring spending under … Read more

5,000 women could be in line for payouts ‘similar to a lottery win’ over underpaid pensions scandal 

5,000 women could be in line for payouts ‘similar to a lottery win’ over underpaid pensions scandal Government sent thousands of letters to women who were underpaid pensions  Sir Steve Webb has said 5,159 of them could be owed an average of £45,000 They should contact the Department for Work and Pensions as soon as … Read more

Boris Johnson ‘agrees to keep £20-a-week Covid boost to universal credit for another six months’ 

The £20-a-week boost to universal credit looks set to stay in place for another six months after Boris Johnson struck a deal with Rishi Sunak. The Chancellor has been resisting making the increase – introduced in response to the coronavirus crisis and due to end next month – permanent despite pressure from MPs across parties. … Read more

Therese Coffey TURNS OFF camera after brutal row with Piers Morgan

Moment Therese Coffey TURNS OFF her camera after brutal row with Piers Morgan and blaming ‘age and obesity of population for UK having the world’s worst COVID death rate’ Therese Coffey switched off her video connection after clash with Piers Morgan Cabinet minister complained he ‘insulted’ her in a row over UK mortality rates She … Read more

ANNA MIKHAILOVA: Labour MP spent £39k last year on grace-and-favour flat

ANNA MIKHAILOVA: MP Jonathan Reynolds who is leading Labour’s charge to keep the £20 Universal Credit uplift spent £39,225 last year on a grace-and-favour flat By Anna Mikhailova For The Mail On Sunday Published: 01:58 GMT, 24 January 2021 | Updated: 01:59 GMT, 24 January 2021 How piquant that the MP leading Labour’s charge to keep … Read more

First-time buyers should be allowed to their pensions for cash minister says

First-time buyers should be allowed to their pensions for cash to get on the property ladder, minister says Guy Opperman said he is exploring ways pensions could be used to fund deposits  in a bid to help young savers locked out of the housing market UK savers cannot currently access defined contribution pensions before 55   The … Read more

Ministers admit they are bracing for unemployment to hit FOUR MILLION

Ministers admit they are bracing for unemployment to hit FOUR MILLION within months – as pubs warn they face laying off a QUARTER of staff Office for Budget Responsibility predicted unemployment could hit four million Therese Coffey said Department for Work and Pensions preparing on that basis But she said ministers ‘genuinely hope we don’t … Read more

Cabinet minister Therese Coffey hints taxes should be CUT in the Budget

Rishi Sunak has given a stark warning that tax rises are in the pipeline as he desperately tries to reassure angry Tories that they will not turn into a ‘horror show’. The Chancellor revealed his tough message to MPs as he failed to cover up a sheaf of speaking notes while leaving Downing Street. Mr … Read more

Pension funds will be ordered to warn of the risks climate change could have on members’ investments

Pension funds will be ordered to warn of the risks that climate change could have on members’ investments Pension funds will be required to report risks of climate change on investments  Largest 100 schemes will have to publish climate risk disclosures by end of 2022 Therese Coffey said the plans are a ‘significant step’ in … Read more