Businesses across Britain will have to start making compulsory furlough contributions from July 1 as the Treasury’s pay falls to 70% for the first time in 2021. This means staff still on furlough will receive 70% of their pay from the Treasury, up to £2,187.50, and 10% of their income plus pension and National Insurance contributions from their employer. From …
Educating future generations about financial resilience
Your Money Matters, the ground-breaking curriculum mapped financial education textbook, has landed in Scottish secondary schools after successful roll-outs in England and Northern Ireland. The book is based on the original English textbook, which MoneySavingExpert founder Martin Lewis funded with a donation of £325,000 to financial education charity Young Money, part of the charity Young Enterprise. English secondary schools received 340,000 copies in 2018 …
What are my travel refund rights?
The phrase ‘should I say or should I go’ from the well-known song by The Clash has taken on a whole new meaning in 2021, especially if you’re desperate to escape these shores for an overseas break. Last week the government removed Portugal from its travel green list and added more countries to the red list, meaning that would-be tourists …
Are you keeping “money secrets”?
Almost four in 10 Brits are keeping “money secrets” from their loved ones, including hiding problems with debt, new research has revealed. According to a survey by the Money & Pensions Service (MaPS), the most common areas being kept to oneself are hidden credit cards (37%), undisclosed loans (23%) and secret savings accounts (21%). Covering 5,200 people nationwide, the poll …
Will I be eligible for the fifth SEISS grant?
Self-employed business owners will be able to receive a fifth and final grant through the SEISS scheme later this summer. To use its official name, the self-employed support scheme is designed to help people recover lost earnings if they’ve been affected by the pandemic. Four grants have already been handed out with the last one worth a maximum of 80% …