Covid-19 pandemic. Some 8.9 million workers across the UK are being supported through the furlough scheme, with over 1 million companies applying for financial help to pay for employees wages.
25.06.2020 - 18:47 / manchestereveningnews.co.uk
Birmingham Live. "My view is IF YOU NEED A PAYMENT HOLIDAY, DO IT, BUT ONLY IF NEEDED," he says."The reason it's not a 'grab it' is two-fold."First, because the holiday is just a deferment, you still have to pay what's missed, and the interest that's racked up, later."Plus, while it won't go on your credit file, as I revealed a month ago, payment holidays can affect credit scores as lenders use other methods to detect them."But if you're struggling to repay, and need cash flow, do it.
Covid-19 pandemic. Some 8.9 million workers across the UK are being supported through the furlough scheme, with over 1 million companies applying for financial help to pay for employees wages.
Martin Lewis has issued an urgent warning to 800,000 self-employed workers who are about to miss out on a £7,500 payment. The founder of MoneySavingExpert.com is actively encouraging those who have still to claim the financial support from the UK Government to do it immediately - before the deadline passes at midnight on Monday, July 13.
Money Saving Expert has said that there are people who are still yet to claim a £7,500 coronavirus grant from the government The 48-year-old believes that around 800,000 could miss out on the crucial payment with the deadline to apply looming.Martin urged viewers of the Martin Lewis Money Show on ITV to act immediately as they only have until midnight tomorrow (Monday July 13) to apply.The money is available to those who are self-employed and only 2.7 million of the 3.5 million eligible have
Martin Lewis told viewers that from August 1, the BBC TV licence fee will only be free to anyone over the age of 75 who is receiving Pension Credit. The founder of MoneySavingExpert.com estimates there are over 1.5 million eligible households across the UK that haven’t claimed the benefits top-up because they don't realise they can.
Birmingham Live reports that, on Thursday night it wasn't the money journalist's content which had people talking, but his health.
Martin Lewis has told his wife Lara Lewington that he loves her very much despite her on-air gaffe on Thursday's Martin Lewis Money Show.
Money Saving Expert Martin Lewis has issued an important warning to drivers after MOT rules were changed this week.On Monday, Roads minister Baroness Vere announced that from August 1, MOT tests will once again be mandatory.Baroness Vere said: "As people return to our roads, it is vital that motorists are able to keep their vehicles safe.
Birmingham Live.Writing to his followers, he said: "APOLOGY. I made an error on the #martinlewis show just now."The top 1 year fixed savings is Marcus account, which is what I thought I'd said, but I've been told I said Metro bank.
latest email to shoppers, the Money Saving Expert explained that the Passport Office has said that renewing is taking longer than the usual three weeks, reports the Mirror. Due to the pandemic, some people have reportedly waited as long as three months to receive a new passport - meaning many may be unable to go on holiday as restrictions are listed.A woman called Tracy emailed Martin to complain: "Been waiting 13wks.
Birmingham Live. He added: "And what that means is that you get your quote in the first year and it will be competitive."Then, if you do not change the year after that, they walk the price up slowly - maybe 25 per cent."More the year after, more the year after, a little bit more the year after."The golden rules when it comes to getting home insurance is NOT to auto renew.
mortgage payment holidays have been taken out by customers impacted financially by the Covid-19 pandemic. On top of this, trade association UK Finance members have offered 27 million interest-free overdraft buffers, provided 961,700 payment deferrals on credit cards and 688,900 payment deferrals on personal loans.