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Some 43 percent, or 154,000, of the 354,000 vulnerable people in homes are now private payers, latest figures show. Many will have been forced to sell their properties or drain their nest eggs to afford their average care home bills. Back in March 2010, there were 338,000 care home residents, …

One of the accounts being highlighted this week is Shawbrook Bank’s Easy Access account which pays an interest rate of 3.26 percent. There is no notice period attached to this account and access is permitted via the nominated account. The minimum opening amount for the savings account is £1,000 with …

Alongside the Baroness’ recommendations, the DWP also published the Government’s Actuary report. Among the key decisions made by the DWP would be that no changes will be made to the legislated timetable. This means that the state pension remains to continue to rise to 67 by at least 2028, as …

Baroness Kate Hoey has warned it’s “quite awful” for people to suddenly discover they will have to wait longer to claim their state pension after working all their lives. She said this can be particularly devastating news for those who have worked in manual labour and who may not want …

The state pension age hike to 68 will not be brought forward, it is expected to be announced today. Mel Stride, the work and pensions secretary, is set to tell MPs about the conclusions of the latest statutory review on the pension age. The Government first published news of a …

When dealing with bereavement, disagreements with surviving family members about assets that have been jointly inherited can cause further stress at an already difficult time. However, there are certain rules people should keep in mind when deciding what to do with an inherited property, and Heather Pollard, inheritance expert and …

Household budgets are set to be even more squeezed from April while rampant inflation and a host of new, higher tax burdens further erode the value of earnings. Capital gains tax and dividends tax allowances will be slashed in half as the new tax year starts next week, however, an …

The recommended hike to taxes on wealthier Americans is being brought forward to cover the cost of services such as Medicare and Social Security. However, Joe Biden’s plans have been slammed as an “economic disaster”. As part of President Biden’s proposal, the top marginal rate of income tax would be …

He added: “It’s a newer, ephemeral version of HotorNot, which is brilliant but I don’t know how protectable that is. “I give you total credit and I think you guys have done some brilliant things. I don’t think the risk-reward is there. For me. I’m still out.” After receiving no …

Tax year end is just a week away, on April 5th (Image: ESP Imaging/Getty Images) A finance expert has revealed the top five things everyone should do before April 5th to make the most of their hard-earned cash. Brian Byrnes, head of personal finance at digital wealth manager Moneybox, has …