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The launch of a new scam-fighting plan by The Pensions Regulator (TPR) has highlighted the heightened dangers of fraud and scams during the cost-of-living crisis. The pressures caused by the crisis leave savers vulnerable while people’s need to make the most of their money in the current climate can also […]

With the UK economy set to slip into recession this year, the British Chambers of Commerce (BCC) has warned that the new Prime Minster will need to take immediate action to protect businesses and livelihoods. The BCC is now forecasting a recession for the UK economy, with three consecutive quarters […]

Action Fraud has warned that criminals are using the ongoing cost-of-living crisis to target the public with energy rebate scams. With energy prices set to increase on 1 October, Action Fraud revealed that more than 1,500 reports have been filed with the National Fraud Intelligence Bureau (NFIB) regarding scam emails […]

Data published by the Office for National Statistics (ONS) revealed that the UK economy grew by 0.2% in July following a decline in the previous month. According to the data, the services sector was the biggest contributor to economic growth. The ONS found that monthly services output rose by 0.4% […]

More than 1.1 million families in the UK have received cost-of-living payments from HMRC. Between 2 September and 7 September, payments of £326 were made to eligible households. The payments were made to tax credit-only customers’ bank accounts. A second means-tested payment of £324 will be issued later this year […]

The rate of Consumer Prices Index (CPI) inflation fell to 9.9% last month from 10.1% in July but remained close to the highest rate in 40 years, according to the latest data from the Office for National Statistics (ONS). Inflation eased because of a monthly fall in petrol and diesel […]