More financial changes could come with the Autumn statement
As the weather begins to turn as we go into November a number of monetary changes will also be heading our way which will impact millions of people across the country.
Cold Weather Payments should arrive automatically into your bank account within a fortnight, if you already have registered with the Department for Work and Pensions. If interest rates are higher, you'll pay more to borrow on products like mortgages and cheaper loans tend to disappear. The lowering of NI contributions reverses a hike that was introduced by the ex-Chancellor - and now new Prime Minister - Rishi Sunak
November 14 - Warm Home Discount scheme opens The Warm Home Discount scheme opens again on November 14. Consumer Price Index inflation came in at 10.1% for the 12 months to September - up from 9.9% the previous month and back to a recent July high.When inflation is high, it means the cost of living has increased and you’re getting less for your money than you did before.
It is unclear exactly what could be announced on November 17 but it will detail longer term economic plans.
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