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Business

‘DWP took me to court for 30p error – it cost me my home and £20,000’ | Personal Finance | Finance

A father says he has been forced to sell his home and pay back nearly £20,000 in benefit overpayments after mistakenly ticking the wrong box on a Carer’s Allowance form. George Henderson, 64, told the Guardian he made the mistake when claiming the Department for Work and Pensions (DWP) benefit …

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Mortgage rates are nearing 7% as inflation ticks back up: Freddie Mac

The 30-year fixed-rate mortgage averaged 6.88% this past week, according to Freddie Mac.  (iStock ) Mortgage rates continue their steady climb upward. Rates for 30-year mortgages averaged 6.88% this past week, Freddie Mac reported. Rates last week averaged 6.82%, and a year ago, the 30-year fixed-rate mortgage averaged 6.27%. “Mortgage rates …

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Petition calls for £9,000 pay boost for thousands of workers to end ‘age discrimination’ | Personal Finance | Finance

A new petition is calling for a £9,000 pay increase for thousands of Britons by increasing the National Living Wage. Supporters want the current National Living Wage for those aged 21 and over, which is £11.44 an hour, to be extended to all workers regardless of age. The National Minimum …

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Labor group demands California’s $20 minimum wage for fast food workers extend to all sectors

Former Fosters Freeze assistant general manager Monica Navarro reacts to the sudden closure and how others are responding on ‘The Bottom Line.’  A fair wage advocacy group is demanding that California’s new $20 minimum wage law for fast food workers be extended to all sectors to help working-class people who …

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‘Shortchanged!’ State pension scandal as just one in three get full 8.5% triple lock hike | Personal Finance | Finance

Less than one third have received the promised 8.5 percent triple lock-secured increase on retirement incomes in an injustice that leaves them £200-a-year worse off. It means two in three – as many as eight million of 12 million eligible to receive it – are missing out on bolstered retirement …

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Beehive Money raises interest rate on account to ‘excellent’ 5.18% | Personal Finance | Finance

Beehive Money has increased the interest rate on its one-year fixed savings bond to 5.18 percent, earning an “excellent” Moneyfactscompare rating. Savers need a minimum of £500 to invest to launch the account, and interest is paid on maturity. Fixed savings accounts can offer certainty during the current period of …

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