Fourteen Major Money Changes Coming Before Christmas including Direct Payments and Benefit Bonus

0
15

Christmas Planning

CHRISTMAS may feel a long way off in the current weather, but it'll be here before you know it. Before the year is out there are some key dates you need to be aware of when planning your budget. There are several money changes on the horizon that could either help or hinder your festive celebrations. The changes are all important to know so you can plan ahead and avoid being caught off guard. We explain what's happening and when.

September Changes

Amazon Prime same-day delivery

From September 18, Amazon Prime members will see a new charge of £1.99 introduced on same day deliveries worth less than £20. Amazon Prime costs £8.99 a month and members currently get free delivery on all items including same day orders. But after September 18 members will need to make sure orders are above £20 or face the charge. Same day delivery is usually available if you place an order by midday.

Inflation update

Official figures on the cost of living will be released by the Office for National Statistics (ONS) on September 20. The inflation rate for August will give a key insight into price rises for goods and services across the country. The Consumer Price Index came in at 6.8% in July and households will be hoping that the measure fell in August giving some respite on squeezed budgets. Inflation is also a key consideration for the Bank of England – they are tasked with keeping inflation running at 2%. Policymakers have been hiking interest rates in recent months in an effort to try to get inflation under control. While inflation figures reflect price changes that have already happened, it could still affect your finances. Depending on what the rate is, it could prompt…

Did you miss our previous article…
https://hellofaread.com/money/poundland-opens-new-stores-nationwide-find-out-if-your-local-area-is-included/