People have been asked to avoid Findhorn Bay in Moray after 22 pink-footed geese and an “unusual” number of gulls were found dead of suspected bird flu.
10.11.2022 - 16:23 / dailyrecord.co.uk
People aged over-50 are facing a lifetime of financial insecurity as a report reveals which age group is being hit the hardest by the cost of living crisis. Research from Edinburgh University’s Smart Data Foundry found economic inactivity rates have risen by a third for the over-50s age group since 2019.
The research also suggests that people aged 50 to 54 could experience double the financial vulnerability risk than those aged 70 to 74. Record-breaking rises in inflation and soaring energy bills are leaving those in their 50s and 60s facing the “perfect storm” of redundancy and ill-health, combined with a lack of savings on pension provisions, according to the leading UK data scientists.
People are being forced to consider tough financial decisions to make ends meet such as withdrawing lump sums from their pension pots to deal with the pre-retirement income shocks. With most retirement pots being worth under £30,000, these measures are estimated to create knock-on effects with income tax and benefit entitlement.
The UK Government is now being urged to intervene to prevent the damage being irreversible for over-50s.
Dame Julie Unwin, chair of the data group, urged the Department for Work and Pensions (DWP) to act to reduce the risk of pension assets being spent before retirement.
The report suggests an increase to the current savings limit of £16,000 for means-tested benefits, including Universal Credit. The lower limit is £6,000, so any capital below £6,000 is disregarded for people making a claim.
She said: “We are seeing a pattern of people in their early to mid-fifties going from being in positions of comfortable, middle-aged breadwinners eyeing their future retirement over the horizon, to a generation suddenly
People have been asked to avoid Findhorn Bay in Moray after 22 pink-footed geese and an “unusual” number of gulls were found dead of suspected bird flu.
EXCLUSIVE: After recently restructuring Amazon Studios’ original content operations, Head of Television Vernon Sanders is now setting up the MGM scripted TV leadership with new roles for Lindsay Sloane, Sr. EVP of MGM Scripted TV, and Rola Bauer, President of International TV for MGM. He laid out the reorganization in an internal memo, a copy of which was obtained by Deadline. (you can read it in full below.)
Attendance Allowance is a benefit delivered by the Department for Work and Pensions (DWP) for people of State Pension age who need help with personal care or supervision because of an illness, disability or mental health condition. Successful claimants will receive either £81.85 or £92.40 each week depending on the level of care they need because of their health condition, which is paid every four weeks and works out at £247.40 and £369.560 respectively.
The Department for Work and Pensions (DWP) has announced that it will continue to encourage more than 11 million older people to check if they qualify for an annual income top-up worth, on average, more than £3,500 throughout December and the new year.
DEALSIggy Azalea has sold her recording and song catalogues to Domain Capital for an eight figure sum, according to Billboard. She will reportedly retain full ownership of her future work, continuing to collaborate with Sony Music Publishing on the songs side via an administration deal.Superstruct Entertainment has acquired a majority stake in the Y Not Festival.————————————————–DIGITALIf you’re in the UK, Ireland, Australia or New Zealand and like your streaming service massively bloated with stuff you didn’t ask for, then good news! Audiobooks have now gone live on Spotify – having first appeared in the US back in September.
Half of households in Scotland relying on Universal Credit have suffered deductions in their benefit payments, figures show.
State Pension payments are set to increase by 10.1% from next April for merely 12.5 million people across the UK, including 992,052 living in Scotland. However, despite a record-breaking rise in payments of the contributory benefit, over 1.8 million pensioners are receiving less than £100 per week in State Pension payments.
An estimated 19.2 million families and 39.8 million individuals across the UK currently in receipt of State Pension or benefits from the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) will see their payments go up by 10.1% next year.
New figures released by the Department for Work and Pensions (DWP) reveal that more than four million children are living in families which receive Universal Credit. The official data shows that in August, some 4,030,796 children were living in households receiving the benefit - an increase of 124,471 since May when the figure was 3,906,325.
There are more than 20 million people across the UK claiming benefits or State Pension from the Department for Work and Pensions (DWP). Some benefits such as Universal Credit can be a lifeline for those out of work or on a low income, providing crucial financial support to cope with daily living costs.
State Pension provides essential financial support every four weeks for more than 12.5 million people across the UK, including 981,399 living in Scotland. This regular payment of up to £185.15 per week for the Full, new State Pension or £141.85 per week for the basic old State Pension (Category A or B) is available for those who have reached the UK Government’s eligible retirement age, which increased to 66 for both men and women in October 2020.
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The latest statistics from the Department for Work and Pensions (DWP) show that in February this year there were 12.5 million people across the UK receiving State Pension payments, a contributory benefit which provides essential financial support every four weeks for those who have paid at least 10 years' worth of National Insurance Contributions.
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The latest figures from the Department for Work and Pensions (DWP) show that in February 2022, nearly 12.5 millions people across the UK were receiving State Pension payments, including 1.1 million living abroad and 992,052 in Scotland.
The UK Government has dismissed a call by Labour to extend eligibility for free vehicle tax to include people of State Pension age in receipt of Attendance Allowance. Labour MP Seema Malhotra asked the Chancellor of the Exchequer if any recent assessments had been made into the “potential merits” of doing so.
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The Department for Work and Pensions (DWP) has explained why it is not policy to give older people a pro rata payment from the annual Winter Fuel Payment, because they reach State Pension age - one of the key eligibility components - after the qualifying week in September.