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Have you received your Winter Fuel Payment? The DWP admits a technical issue has led to small number of payouts being delayed A small number of households have not received their payouts yet This was due a technical issue, the DWP said, although it has paid out 99.9% The Winter Fuel Payment can help older … Read more
Searching for a decent income from your savings and investments has rarely been more challenging. In climbing terms, it is more akin to summiting the ferocious K2 mountain in midwinter (as some brave hearts have just thrillingly done – please get down safely) than indulging in a spot of fell walking in the Lakes (lockdown … Read more
National Savings & Investments slashed Premium Bond payouts by more than £31million this month as it brought in hefty cuts to Britain’s best-loved savings product. There was little Christmas goodwill for savers from the Treasury-backed bank as it cut the number of tax-free prizes handed out in December’s draw by 1.1million compared to last month. … Read more
Vodafone vows big payouts when it floats mast business Vantage Towers next year By City & Finance Reporter for the Daily Mail Published: 22:03 GMT, 17 November 2020 | Updated: 23:26 GMT, 17 November 2020 Vodafone has indicated that the Vantage Towers mast business it plans to float next year will look to pay chunky … Read more
Supreme Court judges will decide landmark case about insurance payouts for 370,000 businesses who couldn’t trade because of coronavirus pandemic Four-day case begins at the Supreme Court today involving 370,000 businesses FCA brought test case over wording of business interruption insurance policies It follows ‘widespread concern’ over ‘lack of clarity and certainty’ for businesses By … Read more
Rishi Sunak’s £9bn Job Retention Scheme won’t save jobs because there’s ‘little incentive’ to pay the wages of staff not in work, an influential think-tank has warned. Business bosses have today stuck the boot into the Chancellor’s much-trumpeted plan to keep people in work, while the chief executive of Next suggested Britain’s economy risks ‘becoming … Read more
If you are one of the many investors who need an income, prepare for a little good news. A few big name firms have resumed paying dividends, and there are some generous yields on offer. This will come as a relief to those who feared that the dividend drought created by Covid-19 could become a … Read more
Millions of Britons could demand lucrative PPI pay-outs in ‘second wave’ of compensation after courts find products were ‘unfair’ Court rulings say PPI was ‘unfair’ because banks did not disclose commissions Commissions on some products amounted to 95 per cent of the cost of policy The deadline for making a PPI claim was set by the … Read more
MINOR INVESTOR: Dividend cuts are still hitting the headlines, but could these shares bring back payouts? By Simon Lambert for Thisismoney.co.uk Published: 07:32 BST, 6 August 2020 | Updated: 07:32 BST, 6 August 2020 The stock market may have bounced off its lockdown lows but investors are still feeling the dividend pain from the coronavirus … Read more
Investors face worst payouts for generation: Coronavirus crisis sparks £40bn dividend black hole By Francesca Washtell For The Daily Mail Published: 22:37 BST, 4 August 2020 | Updated: 23:19 BST, 4 August 2020 Investors face a £40billion dividend black hole this year in the worst hit to payouts ‘in generations’ because of the coronavirus crisis. … Read more