TUI has announced that it will offer test kits from £20pp for anyone on its package holidays this summer, which will include both lateral flow antigen and PCR tests. When foreign holidays restart from the UK - May 17 being the earliest date - countries will be placed on green, amber and red lists, each with their own testing and quarantine requirements. For green destinations you'll need to take a PCR test back in the UK, while multiple tests will be required for those returning from amber and red destinations. With some PCR tests starting from £120 each, those costs can quickly add up and leave families forking out over £800 extra for holidays. TUI has teamed up with Chronomics to offer its cheaper tests, which will include the delivery and return costs of the kits. There will be four packages on offer - two for green list destinations, two for amber destinations (the firm isn't operating trips to red destinations). Green package at £20pp containing 1 x pre-departure … [Read more...] about TUI launches cheap PCR testing kits from £20 for Brits on package holidays
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Billionaire Bill Gates gave estranged wife Melinda almost £1.4billion in shares on the day the couple went public with their divorce. The shares were gifted from Cascade Investment, a company controlled by Bill Gates to manage the proceeds of his Microsoft stock sales and dividends. On Monday, the company transferred more than 14million shares in Canadian National Railway and over 2.9 million shares in AutoNation, the largest US chain of car dealerships, to Melinda, according to filings with the Securities and Exchange Commission. The transfers, with a combined value of about $1.8billion, were made just hours after the pair unexpectedly announced their separation after 27 years of marriage on twitter. It's since transpired that Melinda filed the court documents, two years after admitting married life was "incredbily hard". The deal is understood to be part of a separation agreement put in place by Mr and Mrs Gates who did not sign any prenuptial agreements at the time of … [Read more...] about Bill Gates gave Melinda almost £1.4bn worth of shares on day couple announced divorce
STATE pension payments will be something you receive if you've reached a certain age in later life. The state pension is different to your workplace or a private pension , and when you can start receiving the pay-out depends on when you were born. In May 2014, the government changed how the state pension system works , with the goal of making it simpler. In order to get a state pension you need to pay National Insurance contributions (NICs), and have built up a minimum number of years' worth. How much is the state pension? Men born on or after April 6, 1951, or women born on or after April 6, 1953, will be able to claim the new state pension. For those who reached the state pension age before April 6, 2016, you’ll be getting the old state pension, known as the basic state pension. The full new state pension is £175.60 per week, but the actual money you get will depend on your National Insurance record. If you've accrued NICs under both the old and new … [Read more...] about How can I check my state pension and what age can I claim it?
MARTIN Lewis has warned Brits to check they are enrolled onto their workplace's pension scheme - or risk losing out on a “hidden” pay rise. He urged every worker in the UK in his latest blog on MoneySavingExpert to check they're still signed up to their work's pension scheme. It will mean workers will get “hidden pay rise” of at least 3% added on top of their salary. But you won’t be able to use the bonus cash now - you’ll only be able to access it when you retire. Bosses have had to automatically enrol staff into pension schemes since October 2012 to get workers saving for their golden years. All employees aged 22 to around 66 (which is the state pension age) who earn above £10,000 a year are automatically signed up. But you can opt out, and if you do, you could miss out on thousands of pounds. What is pensions auto-enrolment? HERE's what you need to know about pensions auto-enrolment: What is pension auto-enrolment? Since October 2012, employers … [Read more...] about Martin Lewis warns every employee in the UK to not miss out on a ‘hidden’ pay rise
ALMOST one million workers with multiple jobs are missing out on pension contributions from their employers. Bosses have had to automatically enrol staff into pension schemes since October 2012 to get workers saving for their retirement. However, you must earn at least £10,000 per year from a single employer to be automatically enrolled onto the scheme. It means workers with several jobs that each pay less than the threshold don't qualify for auto-enrolment, even if their total earnings are above this. Anyone earning less than £10,000 can still ask to put onto a scheme, but only those who earn more than £6,240 have to get the top-ups. Almost half of workers with more than one job earning under the £10,000 threshold aren't currently enrolled into a workplace pension, according to new analysis by Scottish Widows. What are auto-enrolment pensions? AUTOMATIC enrolment is a government scheme to help more people save for later life through a pension scheme at … [Read more...] about Pension loophole hits 1million workers with more than one job – how to fix it and get £1,000s extra