Social media influencers must be stopped from encouraging children to gamble, say MPs as ministers ban under 18s from playing the National Lottery from next October and launch a major review of gambling laws Ministers announced under 18s will be banned from playing the National Lottery The Government also today launched a major review of … Read more
Delay over raising minimum age for buying National Lottery tickets is branded ‘farcical’ by MPs Children can spend up to £350 a week gambling on fixed odds games online In July a group of peers issued a report calling for the age limit to be raised to 18 Camelot said it will take nine months … Read more
Blow for loyal savers as plan for minimum interest rates is scrapped by banking regulator Plans to protect loyal savers with a minimum interest rate have been shelved FCA announced earlier this year that it planned to shake up the savings market Move would have required every bank and building society to pay a blanket … Read more
Planned rise in minimum wage to £9.21 per hour is set to be scrapped because UK ‘can’t afford it’ after coronavirus pandemic The living wage was expected to rise from £8.72 to to £9.21 per hour in April However, Chancellor Rishi Sunak could be forced to pull back on the plan Low Pay Commission has … Read more
Private pension age will rise to 57: Hopes of early retirement get dashed as ministers press ahead with plan to raising the minimum age Those currently aged 47 will have to wait extra two years to access money saved This does not affect the age at which the state pension can be claimed Under current … Read more
Nationwide mortgage customers will now need minimum 15% deposits in bid to stop them slipping into negative equity if house prices plummet Step from building society applies to house purchase loans and re-mortgages It may come as a blow to first-time buyers, who often have small amounts saved Existing mortgage customers will still be able … Read more
Mother is outraged to discover her ex-partner who pays £25 a week child support for their two children is donating to charity monthly – while branding her a ‘benefits bum’ A UK-based mother-of-two shared how frustrated she was about her ex-husband Explained he paid £25 in child maintenance support per week for two children Infuriated … Read more