AGP Executive Report
Last update: 8 hours agoUniversal Credit & Deductions: The UK DWP now lets Universal Credit claimants object when landlords seek deductions from benefit payments, with a short sign-in window and a chance to submit their case. Disability Benefits: The DWP is also pushing to increase face-to-face PIP assessments, but says contractor contracts built around remote work could make delivery tricky. Inflation & Household Budgets: US inflation hit a three-year high as gas prices drove May consumer prices up 4.2% year-on-year, squeezing savings and pushing more people behind on credit card bills. Card Rules & Consumer Costs: Chase is set to change cashback rules from July 1, requiring 15 transactions and £1,000 in savings to earn 2% (up from 1%). Security at Checkout: With credit card fraud and skimmers/shimmers rising, experts urge extra caution at pumps and ATMs. Banking & Investing: MoneyHero plans to release Q1 2026 results June 24; Fold Holdings sold 633.8 BTC to repay debt and boost capital, sending shares up over 160%. Retirement Pressure: UK debate grows over replacing the State Pension Triple Lock as costs rise and pensioner living standards shift.
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