DWP Universal Credit update for claimants with more than £6,000 in the bank
The Department for Work and Pensions has issued an important update over how savings and investments impact Universal Credit ...
Pound Sterling gains as investors digest fears of UK economic slowdown
The Pound Sterling (GBP) trades with caution against its major peers on Friday. The British currency struggles for a firm footing as investors are concerned over the United Kingdom's (UK) economic ...
DWP announces new bank measures will be rolled out for 'three benefits only'
The Eligibility Verification Measure (EVM) of the proposed new Public Authorities (Fraud, Error and Recovery) Bill will focus ...
DWP confirms new 'Eligibility Verification' bank measure will focus on people on these three benefits
In a written response on Wednesday, Mr Western said: “The Third Party Data sharing powers were a proposal under the previous ...
Exact amount you can have in your bank account before DWP deducts Universal Credit
If you have savings or investments, the Department for Work and Pensions (DWP) can reduce your Universal Credit payments, or stop your claim altogether ...
DWP to 'deduct' Universal Credit when bank balance hits certain amount
The amount of money, savings and investments you (and your partner) have can affect whether you’re eligible for Universal ...
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UK DWP sets bank balance limits for benefit fraud checks under new bill
The DWP has confirmed the capital limits that will apply to benefits for 2025-2026 after the Government's new crackdown on benefit fraud was announced by Work and Pensions Secretary Liz Kendall ...
Unicredit Backs Down From UK Lawsuit After Russian Court Threat
UniCredit SpA will stop pursuing a high stakes UK case against a Gazprom PJSC venture after a Russian court threatened the ...
DWP sets out exact bank balance limits to trigger benefit fraud investigations
The Department for Work and Pensions has confirmed the exact amount that could set off a fraud alert under new crackdown ...
DWP shares exact bank account amount that will trigger fraud checks
For 2024-2025 and maintained for 2025-2026 as confirmed by the DWP are the capital limits associated with benefits. According ...
DWP warns of exact amount of money in bank accounts that will trigger benefit fraud checks
The DWP is looking at a number of measures to reduce benefit fraud and the checks will affect those who claim Universal ...
DWP confirms exact amount in bank accounts that will trigger fraud checks for people on benefits
Bill will require banks and building societies to monitor bank accounts for capital levels that are above the threshold for claiming income-based benefits.