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Business

Premium Bonds customer hits maximum amount but is ‘well under’ £50k limit – NS&I responds | Personal Finance | Finance

A Premium Bonds saver was alarmed as they couldn’t buy more Bonds despite being well under the £50,000 holding limit. The concerned customer got in touch with the NS&I team over X. They said: “I am trying to buy more Bonds currently account is well under the limit of £50,000 …

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Kroger, Albertsons to sell 166 more stores with $25B merger in limbo

Scott Moses defends Kroger Albertsons merger, claiming it would decrease grocery prices further on The Claman Countdown. Kroger and Albertsons said Monday the two companies are increasing the number of grocery stores they sell to C&S Wholesale Grocers to address federal regulators’ concerns about the impact of their proposed $25 …

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DWP Universal Credit shake-up to hit 180,000 people claiming benefits within weeks | Personal Finance | Finance

Next month’s Universal Credit overhaul is set to impact over 180,000 benefit claimants as the government tightens the rules. From May 13, the Administrative Earnings Threshold (AET) will increase from 15 to 18 hours a week at the National Living Wage, compelling those working fewer than 18 hours and earning …

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Bank of England rate-setter issues new UK inflation update before interest rates decision | Personal Finance | Finance

A prominent member of the Bank of England’s Monetary Policy Committee, Dave Ramsden, has voiced increased optimism regarding the UK’s inflation trajectory, hinting that it might settle at the target rate for a prolonged period, outperforming the central bank’s predictions. Ramsden pointed out the UK’s transition from an “outlier” to …

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Boomer small business owners retiring could mean a golden opportunity for younger Americans

“Making Money” host Charles Payne addresses the debate about higher interest rates being a positive for society. For years, studies have projected a wave of small businesses will change hands in the U.S. as a “silver tsunami” of aging baby boomer entrepreneurs retire.  But the pandemic, high inflation, rate hikes …

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Brits told ‘look here in house’ for forgotten item that could be worth £1000s | Personal Finance | Finance

Cash-strapped Britons have been told to dig through their bookshelves for valuable novels which could be sold for thousands online. New research from experts at All Top Books has found that some early copies of Britain’s best-known books could be gathering dust unloved on shelves across the country. The experts have recommended combing charity shops …

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