DWP hires 3,400 benefits police to check Universal Credit accounts | Personal Finance | Finance

DWP hires 3,400 benefits police to check Universal Credit accounts | Personal Finance | Finance

The DWP is hiring 3,400 people to form a ‘benefits police force’ to check people’s bank accounts using Artificial Intelligence. In a new Fraud Bill set to be brought to parliament this month, the Department for Work and Pensions is committing to hiring 2,000 new ‘case review agents’ to block Universal Credit benefits cheats. It More...

by MDN | Published 9 hours ago
Geopolitics: Putting the Risks Into Business Context
By MDN On Wednesday, May 15th, 2024
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Geopolitics: Putting the Risks Into Business Context

Dina Powell McCormick Vice Chairman, President & Global Head of Client Services , BDT & MSD Partners speaks with John Micklethwait Editor-In-Chief , Bloomberg at the 2024 Qatar Economic Forum, Powered More...

By MDN On Wednesday, May 15th, 2024
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DWP looking for ‘two things’ when it starts checking claimants’ banks | Personal Finance | Finance

The Department for Work and Pensions (DWP) has outlined the two main things it will be scrutinising when its new powers to inspect benefit claimants’ bank accounts come into effect. The DWP is set to receive More...

Martin Lewis predicts cheaper energy bills after key Ofgem development | Personal Finance | Finance
By MDN On Tuesday, May 14th, 2024
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Martin Lewis predicts cheaper energy bills after key Ofgem development | Personal Finance | Finance

Martin Lewis and other consumer bills experts have welcomed plans to end a ban on energy companies competing to win new customers with cheaper deals. The money saving expert said the proposal, which could come More...

Ultra-long mortgages risk fuelling ‘housing bubble’ of inflated property prices | Personal Finance | Finance
By MDN On Tuesday, May 14th, 2024
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Ultra-long mortgages risk fuelling ‘housing bubble’ of inflated property prices | Personal Finance | Finance

Ultra-long mortgages risk fuelling a housing bubble of inflated property prices that are not supported by the economy, an expert has warned. New figures released by the Bank of England show in the last quarter More...

Geopolitics: Putting the Risks Into Business Context
By MDN On Monday, May 13th, 2024
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DWP handing out new benefits fines with ‘nowhere to hide’ warning | Personal Finance | Finance

Everyone on benefits including Universal Credit and PIP could be hit by new fines thanks to a law change put forward by the government. Plans unveiled in the government’s new Fraud Bill today, Monday May 13, More...

Geopolitics: Putting the Risks Into Business Context
By MDN On Monday, May 13th, 2024
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Biden to Quadruple China EV Tariffs, Putin Reshuffle | Bloomberg The Pulse 05/13/24

US President Joe Biden will quadruple tariffs on Chinese electric vehicles and sharply increase levies for other key industries this week. Sources tell Bloomberg the total tariff on Chinese EVs will rise to 102.5% More...

Martin Lewis’ £520 alert for anyone who’s been on EU flight | Personal Finance | Finance
By MDN On Monday, May 13th, 2024
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Martin Lewis’ £520 alert for anyone who’s been on EU flight | Personal Finance | Finance

Martin Lewis has issued a stark warning to anyone who’s taken an EU flight in the “past six years”, flagging up a potential £520 risk. The money-saving guru explored passenger rights in relation More...

Easy ways to slash bills after April hike from home changes to schemes | Personal Finance | Finance
By MDN On Sunday, May 12th, 2024
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Easy ways to slash bills after April hike from home changes to schemes | Personal Finance | Finance

People worried about the increase in their household bills in April can take action to bring down their costs, an expert has said. Many bills went up from April including council tax, which increased by the More...

State pension warning as flexible reforms may overlook ‘root causes’ behind disparities | Personal Finance | Finance
By MDN On Sunday, May 12th, 2024
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State pension warning as flexible reforms may overlook ‘root causes’ behind disparities | Personal Finance | Finance

An expert has warned suggested reforms to make the state pension fairer risk overlooking the root causes behind inequalities. Tina Woods, founder and CEO of Business For Health, said proposals to vary state More...