New Withdrawal Limits for Over-60s Confirmed by UK Banks – Changes Start Today

New Withdrawal Limits for Over-60s Confirmed by UK Banks – Changes Start Today

Cash access remains an essential part of daily life for many people over 60. Whether it’s withdrawing money for weekly shopping, paying tradespeople, or simply keeping some cash at home for peace of mind, bank withdrawal limits can have a direct impact on financial independence. UK banks have now confirmed updated withdrawal limit guidance affecting … Read more

UK £250 Cost‑of‑Living Payment February 2026: Full Eligibility and Payment Details

UK £250 Cost‑of‑Living Payment February 2026: Full Eligibility and Payment Details

Households across the UK continue to feel the pressure of rising food prices, higher energy bills and increased everyday costs. In response, the Government has confirmed a £250 Cost‑of‑Living Payment for February 2026, aimed at supporting low‑income families, pensioners and vulnerable claimants. If you are wondering whether you qualify, when payments will arrive, or whether … Read more

HMRC Announces £420 Bank Deduction for UK Pensioners – New Rule Effective from 27 February

HMRC Announces £420 Bank Deduction for UK Pensioners – New Rule Effective from 27 February

Reports of a £420 bank deduction affecting UK pensioners have caused understandable concern. Any headline mentioning deductions from bank accounts is bound to raise alarm, especially among older households living on fixed incomes. However, before panic sets in, it’s important to understand what this update actually means. The announcement relates to tax adjustments administered by HM … Read more

UK Govt Confirms Free TV Licence for Over-60s – How to Apply Under New Rules

UK Govt Confirms Free TV Licence for Over-60s – How to Apply Under New Rules

The subject of free TV licences for older households has once again made headlines across the UK. With many pensioners carefully managing fixed incomes, any change to household bills naturally attracts attention. A TV licence currently costs £159 per year, so the possibility of receiving one free of charge is understandably important for older viewers. … Read more

HMRC Confirms Tax-Free Personal Allowance Rise to £20,070 — Full Details Inside

HMRC Confirms Tax-Free Personal Allowance Rise to £20,070 — Full Details Inside

A confirmed rise in the personal tax allowance always makes headlines — and for good reason. The personal allowance determines how much you can earn before paying Income Tax, so even a relatively small increase can affect millions of workers and pensioners across the UK. With HMRC confirming a rise to £20,070, many people are … Read more

DWP £500 One‑Off Support Confirmed for February 2026 – Eligibility & Payment Dates

DWP £500 One‑Off Support Confirmed for February 2026 – Eligibility & Payment Dates

Households across the UK are once again paying close attention to government support announcements, as news of a £500 one‑off payment scheduled for February 2026 begins circulating. With energy bills, food prices and housing costs still placing pressure on family budgets, an extra £500 could provide meaningful short‑term relief. But as with any support payment, … Read more