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telegraph.co.uk/news/2024/08/2…

Roman Koch says that others who left Poland for the UK are deciding to return after building a financial buffer. A tax relief scheme introduced in 2022 is also providing a compelling reason to return as Britain’s economic power wanes, and some find they can now earn more in Poland than they can in Britain.

“A lot of people went to the UK and worked there for 20 years. Like I did, they took out a mortgage, bought a house, maybe paid it off. Now they can sell it, come back to Poland and start living life close to their family,” he says.

Few comparisons highlight Britain’s changing place in the world as that with Poland.

🔗 telegraph.co.uk/money/tax/news…

Almost 13 million state pensioners will be handed a pay boost of up to £489 a year from April.

Thanks to the triple lock, payouts in Britain will rise by 3.9pc – a vital uplift for retirees amid the soaring cost of living.

Elsewhere in the world, however, nearly half a million expats will watch on in anger.

In their youth, they spent decades working in Britain, but in retirement their state pensions have been frozen because they live abroad – and some are already counting losses of more than £50,000.

Anne Puckridge, who turns 102 in December, has had her pension frozen since 2001 when she moved to Canada to be near her daughter.

🔗 telegraph.co.uk/money/pensions…

Student debt has surged to six figures for hundreds of thousands of graduates who face a lifetime of repayments without ever clearing their loans.

There are currently more than 220,000 graduates with loan balances worth at least £100,000, according to a Freedom of Information request by Turing College, an online learning platform.

The figures from the Student Loans Company, which administers loans across the country, reveal individual debts owed by borrowers are as high as £330,000 in one case, while 10,000 have debts of £150,000 or more.

🔗 telegraph.co.uk/money/jobs/sch…

Since 2014, some 20,000 flats have been completed in Wandsworth, which spans from the edge of Richmond Park to Vauxhall.

But behind the gleam is a big problem: demand for these flats has collapsed.

🔗:telegraph.co.uk/money/property…