Money
All the direct payments you can get when you hit state pension age worth £15,872 – you could get the cash by Christmas
AS the festive season approaches, pensioners across the UK have a golden opportunity to boost their finances ahead of the big day.
With an array of direct payments and benefits available upon hitting the state pension age, households could pocket up to 15,872, offering much-needed financial relief.
From cash boosts through attendance allowance to direct winter fuel payments, a wealth of support is available for those over the age of 66.
Plus, anyone claiming the state pension can benefit from various discounts and freebies, including a free TV licence and prescriptions.
While some of these payments are issued automatically, others require an application.
We’ve listed the 14 direct payments, freebies and discounts available to those claiming the state pension this winter.
1. ATTENDANCE ALLOWANCE – £4,727
Attendance allowance can help with extra costs incurred due to a severe disability that means you require regular assistance.
It’s paid at two different rates and how much you get depends on the level of care you need.
The lower rate is worth £72.65 a week, while the higher rate is paid out at £108.55 a week.
If you require frequent help or constant supervision during the day, or supervision at night, you can claim the lower amount.
Those who require supervision throughout the day and night will receive the higher rate.
There are 56 categories of medical conditions that enable you to make a claim, including heart disease, Parkinson’s disease and diabetes.
You are also entitled to claim if a medical professional has said you might have 12 months or less to live.
To apply online, visit gov.uk/attendance-allowance/how-to-claim.
2. PENSION CREDIT – £3,900
If your weekly income is below £218.15 and you’re single, or your joint income is below £332.95, you’re very likely to be eligible for Pension Credit.
This added benefit will top up a pensioner’s income to the level outlined above. It’s thought to be worth £75 a week on average, which adds up to £3,900 a year.
An estimated 760,000 people who are entitled to this cash, don’t claim it.
Not only are they missing on the extra money, but there is more support available if you claim pension credit.
Crucially, the winter fuel payment worth up to £300 and paid in November or December is now being restricted to pensioners claiming pension credit and other means-tested benefits.
If you claim pension credit, you can also get help with council tax, support with mortgage interest payments, and a free TV licence and housing benefit if you rent.
Crucial to claim Pension Credit if you can
HUNDREDS of thousands of pensioners are missing out on Pension Credit.
The Sun’s Assistant Consumer Editor Lana Clements explains why it’s imperative to apply for the benefit..
Pension Credit is designed to top up the income of the UK’s poorest pensioners.
In itself the payment is a vital lifeline for older people with little income.
It will take weekly income up to to £218.15 if you’re single or joint income to £332.95.
Yet, an estimated 800,000 don’t claim this support. Not only are they missing on this cash, but far more extra support that is unlocked when claiming Pension Credit.
With the winter fuel payment – worth up to £300 now being restricted to pensioners claiming Pension Credit – it’s more important than ever to claim the benefit if you can.
Pension Credit also opens up help with housing costs, council tax or heating bills and even a free TV licence if you are 75 or older.
All this extra support can make a huge difference to the quality of life for a struggling pensioner.
It’s not difficult to apply for Pension Credit, you can do it up to four months before you reach state pension age through the government website or by calling 0800 99 1234.
You’ll just need your National Insurance number, as well as information about income, savings and investments.
3. HOUSING BENEFIT – £3,700
Almost 270,000 pensioners are missing out on £1.1billion in pension age housing benefit, according to the new figures, going without £3,700 a year on average.
The benefit is for pensioners who pay rent, are on a low income and have savings under £16,000.
New claims for housing benefit are strictly reserved for those over the state pension age.
Universal Credit‘s housing element has replaced housing benefit for those under 66 years old.
You can apply for housing benefit directly with your local council.
Find yours by visiting gov.uk/apply-housing-benefit-from-council.
You can also apply for housing benefit as part of a pension credit claim.
4. COUNCIL TAX DISCOUNT – £2,254
If you get the guarantee part of pension credit, you might be able to get your council tax completely cancelled out.
With the average Band D council tax in England this year at £2,171, it means a big saving.
If you don’t get pension credit but have a low income and less than £16,000 in savings, you may still get some help.
You need to contact your local council to start a claim.
5. WINTER FUEL PAYMENT – UP TO £300
The winter fuel payment is designed to help pensioners pay for their energy bills over the winter.
It’s worth £200 for eligible households, or £300 for eligible households with someone aged over 80.
To be eligible for this year’s winter fuel payment, you must have an active claim for the benefits mentioned below during the “qualifying week,” which runs from 16 to 22 September.
These include Universal Credit, employment and support allowance (ESA), jobseeker’s allowance (JSA), income support, tax credits and pension credit.
Most households automatically receive the winter fuel payment, including those on pension credit.
As new claims for pension credit can be backdated by up to three months, you can still apply now and qualify for this year’s winter fuel payment.
The absolute deadline to claim the benefit and qualify is December 21.
The Sun has now launched a free tool to help you check whether you will get the winter fuel payment this year.
6. SOCIAL WATER TARIFF – £300
If you’re on a low income, you may be able to get a social tariff from your water provider.
These vary by company, some companies offer a percentage discount, while others offer a fixed rate.
For example, under South East Water’s Social Tariff scheme your annual bill will be capped at £182.82 (East) or £146.94 (West).
The average water bill is £448 a year, according to Water UK meaning in this case you could save more than £300.
7. SOCIAL BROADBAND TARIFF – £300
Most broadband companies have social tariffs, which are usually available to people who claim Pension Credit.
The amount you’ll save varies, though it can be worth hundreds of pounds as one woman previously revealed.
There’s a list of all the providers with social tariffs on telecoms regulator Ofcom’s website.
8. FREE TV LICENCE – £169.50
If you’re over 75 and get Pension Credit, you can get a free TV licence. which costs £169.50 a year.
You also get the benefit if you live with a partner who gets Pension Credit.
Apply for a free licence online or by phoning TV licensing on 0300 790 6071.
9. WARM HOME DISCOUNT – £150
Half of people entitled to the Warm Home Discount are not claiming, meaning up to 2.5million are missing out on £150 a year.
This is largely due to eligible people not claiming pension credit as the “gateway” benefit.
The support is a one-off deduction off your electricity bill made between October and March each year.
The money isn’t paid to you, but is applied as credit on your bill.
It’s automatic in the vast majority of cases, but due to the way the scheme operates, certain households have to apply for the rebate.
10. HOUSEHOLD SUPPORT FUND – £100s
Struggling households can get help with the cost of living via the Household Support Fund (HSF).
The fund has been extended for the sixth time, with £421million set to be made available to regional councils to distribute.
The support you can access depends on where you live, but funds can be paid out through shopping or fuel vouchers, cash payments, or other means.
For example, households in Reading who are no longer eligible for the Winter Fuel Payment but in receipt of council tax reduction and/or housing benefit are to be sent a voucher worth £200.
Meanwhile struggling residents and families who live in Torridge can apply for free cash grants directly to bank accounts worth £100s.
These grants can be used to help households with their energy and water bills.
Others may be eligible for cash vouchers to be spent on food at their local supermarket.
Check with your local council to find out what you could be entitled to.
11. COLD WEATHER PAYMENTS – £25
In addition to the Winter Fuel payment, people on Pension Credit are also eligible for cold weather payments.
These ad-hoc payments are worth £25 every time the average temperature in your area is recorded as, or forecast to be, 0 degrees Celsius or below over seven consecutive days.
12. FREE DENTAL TREATMENT – £26.80
You’re entitled to free dental treatment if you or your spouse receives the Guarantee Element of Pension Credit.
The exact amount you can save depends on whether you need extra work. At the minimum, you’ll save the cost of a check-ups which is £26.80 on the NHS.
Crowns cost as much as £319.10, meaning that you can make big savings if you need extra work.
13. DWP CHRISTMAS BONUS – £10
Every year the Department for Work and Pensions (DWP) gives people a bit of extra cash.
Eligible households will get a £10 Christmas bonus this year.
Although it may seem like a small amount, every little helps over the costly holiday season.
As the £10 is a bonus, it won’t need to be repaid, and it won’t affect any other benefit you receive.
The payment is usually paid in the first full week of December.
You’ll qualify if you get the state pension, pension credit and other means-tested benefits.
The £10 Christmas bonus is paid automatically so you don’t need to claim it.
You’ll get it paid into the same account where you normally receive your benefit payments and it should show up in your statement as “DWP XB” or something similar.
History of the Christmas bonus
THE Christmas bonus was first introduced in 1972.
Initially set at £10, the bonus was intended to help with the additional costs that come with Christmas, such as gifts and festive meals.
Despite inflation and the rising cost of living over the decades, the amount of the Christmas bonus has remained unchanged since its inception.
If the payment had risen in line with inflation, it would now be worth a bumper £114.95 – enough to cover the cost of a big shop for the family.
While the value of £10 has significantly diminished over the years, the Christmas Bonus continues to be a small but welcome addition to many people’s incomes during the holiday period.
14. FREE PRESCRIPTIONS – £9.90
Once you reach 60, you can get free prescriptions from your local pharmacy – prescriptions usually cost £9.90 each in England.
So if you usually buy a single prescription each month you could save £118.80 over the year.
This benefit is automatic and there’s no need to apply.
If you’re 60 or over you’re also entitled to a free NHS sight test, so you should let your optician know when you reach 60 if you haven’t already.
Eye tests can usually cost between £20 and £30.
Money
Greggs customers are going wild for secret menu item branded ‘the best’ – see the full list of stores you can get it
GREGGS has revealed a new secret menu item which has been branded “the best” by the customers who’ve been lucky enough to try it.
The bakery chain has unveiled two new hot pasta boxes at certain locations, the Sun can reveal.
The boxes come in two flavours – Mac & Cheese and Meatball Pasta Bake.
The items are advertised as part of deal with one hot pasta box and any drink costing from £5.75.
Greggs told The Sun that the new menu items are only available for now in certain stores in one area of the country.
Those near stores selling the dish have shared their delight at the addition – while others are hoping it soon arrives where they are.
Posting in the Snack Reviews Facebook group, one social media user shared photos of the food alongside the caption: “Seen in Manchester Greggs not sure if they do them in other areas.”
Commenting on the post, one person wrote: “Not in north east yet. I would love those.”
Another branded it “my dream pasta in a box” while another said they were “sorted” if they arrive in Glasgow.
One excited customer claimed “this is not a drill” while someone else said it was “even more reason to love Greggs”.
One lucky Greggs fan even claimed: “I feel like my life’s been changed.”
A Greggs spokesperson told The Sun: “We’re always listening to what our customers want us to offer and adapting based on their tastes and habits, which is why we’re trialling two new hot pasta boxes.
“The Macaroni Cheese and Meatball Pasta will be available in selected shops across the Northwest.”
Greggs has “secret menu’” items that are unique products that you will only find in certain Greggs shops around the UK.
Typically they’r products which take you back to childhood, or remind you of a special place or sweet taste of home.
The items aren’t available on the Greggs website or main menu, they’re only available to buy in store.
For example Tottenham cake is available in London stores while in Glasgow shoppers can get Pineapple cake.
You can see more secret menu items below.
Where can I buy Greggs’ new pasta dishes?
The Macroni Cheese and Meatball pasta boxes are currently available to buy from the following shops:
- Bolton Gate Retail Park
- Manchester Ashton New Road
- Rochdale Riverside Walk
- Manchester Victoria Concourse Kiosk
- Salford Media City
- Manchester Piccadilly
- Blackpool Squires Gate Retail Park
- Manchester St Mary’s Gate
- Fulwood Eastway Retail Park
- Preston Tulketh Mill Retail Park
It’s not clear yet if the pasta dishes will remain a regional secret menu item, or could be rolled out more widely if they prove a hit.
Greggs in numbers
Did you know Greggs sausage rolls have 96 layers of pastry?
The first Greggs opened in 1951 on Gosforth High Street.
There are also 2,473 shops around the country — a thousand more than McDonald’s.
Greggs is now valued at £2.6billion thanks to its budget deals.
Nearly £2 in every £100 spent in UK hospitality is done in a Greggs.
Newcastle still remains the sausage roll capital of the UK, with Geordies scoffing 17.9 million of them a year.
What other secret menu items are available?
According to the Gregg’s website, the following items feature on the secret menu in different reagions.
Pineapple Cake
This tropical little number is exclusive to Greggs shops in Glasgow. Made from a sweet pastry shell, it’s filled with pineapple flavour jam and a sweetened filling, coated in vibrant yellow fondant.
Tottenham Cake
The name is a bit of a giveaway when it comes to where you can find this delicacy. A delicious sponge cake topped with pink fondant icing. Available in our London shops.
Haggis Pie
As the name might suggest, this tasty little snack is Scotland’s most famous dish. A lightly baked pie shell filled with haggis, swede and mashed potato. Available only in our Scotland shops.
Peach Melba
This classic dessert which dates back to the 1800’s is only available in Greggs shops in the North East. Made from a sweet pastry shell, it’s filled with pieces of peach in a light syrup and sweetened cream, finished perfectly with colourful fondant.
Stottie
Ahh the Stottie man! You can’t go far in the North East without hearing about the famous ol’ Stottie.
It may not look like much, but this delicious dough can do no wrong. A delicious, flat-shaped white loaf, covered in a dusting of flour for extra flavour.
Money
Close Brothers and SEI sign platform tech deal
Close Brothers Asset Management (CBAM) and SEI have agreed a platform technology partnership.
The deal includes the adoption of SEI Wealth Platform and SEI Data Cloud, a fully integrated technology, data and operational outsourcing solution.
CBAM says the partnership with SEI marks a move to deliver its strategic objectives and to be the best place in the UK for wealth management professionals and their clients.
It adds that SEI was selected following a comprehensive, multi-stage selection process involving several providers.
SEI is a wealth platform technology provider and currently has contracts with several wealth companies including Benchmark Capital, Brewin Dolphin and Evelyn Partners.
CBAM also announced that it will also adopt Objectway’s Portfolio Management Solution and outsource order execution activities to Winterflood Business Services (WBS).
A number of CBAM employees will join SEI’s SWP operations team as part of the agreement. SEI and CBAM will work closely to ensure a smooth and successful transition.
CBAM’s chief operating officer Gregg Clarke said: “Our new partnership with SEI marks an important moment for CBAM. The adoption of the SEI Wealth Platform enables us to deliver on our growth strategy, and expand upon our proposition whilst having complete confidence that high-quality service levels will be maintained for our clients.
“After a thorough selection process, it was clear that CBAM and SEI are both culturally and technologically aligned. SEI understands our business and is committed to partnering with us, alongside our new WBS and Objectway partnerships, to help us achieve our strategic objectives.”
Jim London, chief executive of SEI Investments Europe Limited, added: “We’re thrilled to partner with CBAM and to provide access to the full breadth of SEI’s integrated technology, data and operations solutions that can help them achieve their growth aspirations.”
Money
Supermarket giant slashes price of 1L Baileys to only £10 TODAY
A TOP retailer has dropped the price of the Baileys to £10 for a whole litre.
Shoppers are desperate to get their hands on this seasonal treat which can be spotted at Sainsburys.
Baileys Original Irish Cream Liqueur is enjoyed all year round but is especially popular during those winter nights.
On the Baileys Facebook page, happy customers were leaving rave reviews: “Definitely the best, can’t beat it.
Another suggested: “Baileys with ice cream?”
A third raised one concern: “Yeah, open the bottle and it’s gone.”
The deal is available to those with a Nectar Card, which slashes the usual price of £21.95 down by more than half.
Nectar customers can add the card to their Sainsburys Groceries account when they check out to access all sorts of discounts.
For those shopping in person all you need to do is scan the Nectar card or app on your phone to bag the bargain.
Baileys is famed for its smooth luxurious texture and distinctive taste.
With hints of chocolate and vanilla amongst the combination of Irish whiskey and Irish cream, it’s pretty irresistible.
For those who don’t have a Nectar Card, Sainsburys have offered an alternative.
The retailer has offered a dupe of the beloved for £13 for 70cl called Sainsbury’s Irish Cream Liqueur.
This has received generally good reviews but many shoppers have stood by the original.
For loyal customers of Baileys, other supermarkets are knocking the price down as we get towards December.
In Morrisons you can nab a bottle for £13, however you will need a More Card to get this reduced price.
More Cards can be downloaded on the My Morrisons app where hundreds more deals are available.
You can also check these bargains out through the My Morrisons website if you fancy scrolling on a bigger screen.
If you’ve got a physical More Card you are able to print out paper vouchers to shop in store.
Other retailers discounts include Tesco, which is bumping the price down from £22 to £13 for members.
Tesco Clubcard members can sign up online or through the app.
One of the best ways to make sure you’re getting the best deal is checking supermarket websites before hand.
Most shops will have their original prices as well as available discounts.
Another shopper hack is to use comparison sites like Google Shopping or Trolley.co.uk so you know you’re not missing out.
Make sure to keep an eye on how big the bottles are, as they vary in size.
How to save money on your supermarket shop
THERE are plenty of ways to save on your grocery shop.
You can look out for yellow or red stickers on products, which show when they’ve been reduced.
If the food is fresh, you’ll have to eat it quickly or freeze it for another time.
Making a list should also save you money, as you’ll be less likely to make any rash purchases when you get to the supermarket.
Going own brand can be one easy way to save hundreds of pounds a year on your food bills too.
This means ditching “finest” or “luxury” products and instead going for “own” or value” type of lines.
Plenty of supermarkets run wonky veg and fruit schemes where you can get cheap prices if they’re misshapen or imperfect.
For example, Lidl runs its Waste Not scheme, offering boxes of 5kg of fruit and vegetables for just £1.50.
If you’re on a low income and a parent, you may be able to get up to £442 a year in Healthy Start vouchers to use at the supermarket too.
Plus, many councils offer supermarket vouchers as part of the Household Support Fund.
How else can I save money on Baileys?
To stretch your cash a little further, you can always go for a Baileys dupe, which have been described as “almost perfect.”
If you’re prepared to downsize you can purchase the 70cl Ballycastle cream liqueur for £5.79 – just 82p per 100ml.
Customers have described the product as “lush” and “gorgeous” on Facebook.
The Ballycastle product even comes in several flavours, such as the newest addition, which is a luscious Milk Chocolate Clementine version for £7.49.
If you’re keen to give something new a try, this could save you up to a whopping £16.21 on one bottle of Baileys.
In fact, for the price of one Baileys bottle from Morrisons or Asda (£22.00), you could almost buy four bottles of the Ballycastle.
However, keep in mind that the ABV (alcohol by volume) of Bailey’s is 16%, the Ballycastle booze is 12%.
Other supermarkets which offer up their own Baileys dupes include Sainsbury’s, Tesco, Morrison’s, Asda, Lidl and M&S.
While the cheapest is Ballycastle, Lidl’s Irish Cream Liqueur is the second most affordable at £1.14 per 100ml.
In Tesco, the 70cl own brand liqueur is £8.50, at £1.21 per 100ml, and in Sainsbury’s, it is £9 at £1.28 per 100ml.
Money
Post-Budget gilt rise takes toll on the housebuilding industry
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Money
Stock markets rally after Trump wins US election
Stock markets in the UK and across Europe have rallied after Donald Trump won the US presidential election race.
US stocks markets hit record highs this afternoon (6 November) after the historic result, which is being labelled as the “great comeback in political history”.
Markets jumped more than 3% at the news – opening at 42,221.88 before hitting a record 43,514.85.
The US dollar also surged, while the FTSE 100 jumped by 1.5% when markets opened on Wednesday.
It stayed 1.2% higher when the was declared that Donald Trump had won the election.
In Europe, initial rises have started to subside due to threats of high tariffs from the incoming Trump administration.
Some economists have warned Trump’s tariff plans would come as a “shock” to the UK economy.
Richard de Lisle, manager of the VT De Lisle America Fund, who has more than 40 years’ experience investing in the US, said: “Donald Trump’s victory is expected to be better for the stock market than for the bond market because of his liberalism.
“It is estimated that Trump’s economic plans would add a cumulative $7.8 trillion to the national debt over his term, as he cuts taxes and increases deficit spending.
“Such measures are likely to maintain current government infrastructure spending plans, sustain consumption and keep the US economy strong.
“Combined with his fierce threats of tariffs, these measures should benefit domestically focused manufacturers and industrials.
“Trump is also likely to break with Presidential impartiality and proactively encourage the Fed to press ahead with interest rate cuts despite big spending plans.
“This combination could keep the economy going while stoking slightly higher inflation, which would be good for commodity related companies that can pass on their costs.
“Finally, Trump’s rhetoric around both protectionism and de-regulation will be positive for smaller companies that have more US revenue exposure and that are advantaged by reduced regulatory burdens, allowing them to grow faster.”
Money
Shoppers left fuming after Febreze shrinks popular household product but price stays the same
FEBREZE have caused a stink by reducing the size of their air fresheners – and charging customers the same amount.
Virtually half of the popular Air Mist spray has evaporated from the cans, as it becomes the latest victim of supermarket ‘shrinkflation’.
The aerosol, which comes in a variety of scents such as Cotton Fresh and Pet Heavy Duty, has been reduced from 300ml to 185ml.
But despite the 39 per cent reduction, Tesco were spotted advertising the two products with the same £2.50 price tag.
It means that hard-hit consumers are forking out more than £13.50 per litre, compared to just £8.33 before.
After sniffing out the mammoth reduction, Jon Silk fumed on social media: “Febreze, what’s with the shrinkflation?
“300ml in a can from last year and only 185ml this year! What’s the likelihood that the price has dropped by 40%?
“And all the extra packaging involved in having smaller cans? What a waste of packaging!
Another said: “Even Febreze has discreetly made their spray bottles smaller by making them thinner.
“They look the same but when you still have an old one and put them side by side you notice the “slimming”. The price has not gone down!”
Whilst a third added: “Oh look, another shrinkflation rip off!”
Tesco confirmed that manufacturers Proctor and Gamble had discontinued the original 300ml product.
And a spokesperson for Procter and Gamble said: “This year, we improved our Febreze Air Mist product.
“This has given shoppers the same number of sprays but now with 2X longer freshness vs the previous formula.
“Thanks to these improvements in formula, propellant and bottle design, the Febreze Air Mist now uses 20% less packaging.”
What is shrinkflation?
Shrinkflation is when manufacturers shrink the size or quantity of a product while keeping the price the same.
This means that consumers will be paying more per given amount.
It is a form of hidden inflation and can go unnoticed by customers.
But companies run the risk of turning customers away from a product or brand if they do notice they are getting less for the same price.
The “shrink” in shrinkflation relates to the change in product size, while the -flation part refers to inflation – the rise in the price level, according to Investopedia.
What causes shrinkflation?
Companies will often engage in shrinkflation when their production costs begin to rise.
When key materials or labor shoot up in price, the cost to manufacture goods rises as well.
This can cause a heavy hit to profit margins and may force the company to simply shrink their products rather than increase the sticker price.
One of the best ways to notice shrinkflation is by spotting a redesign on the packaging or a new slogan.
This may means the company has made a change and that change may just be the size of the product.
The price of cocoa, for example, will impact companies producing candy bars.
Rather than increase the price of their product, the company may choose to reduce the size to keep competitive with other companies.
Mars Inc took this path in 2017, shrinking its range of Maltesers, M&Ms, and Minstrels in the United Kingdom by 15%, according to powderbulksolids.com.
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