Jessica Sheldon
468 articles on New Dispatch

'How I became a self-made millionaire after leaving school with one GCSE’
Adam Stott has appeared on Channel 4’s Rich House Poor House since achieving his financial success

Inheritance tax explained as family farms to be dealt 'significant blow'
With Chancellor Rachel Reeves announcing changes to inheritance tax rules, some have been left wondering whether they'll be affected by IHT

Reeves' inherited pension changes mean families face 'double tax' hit
Pension pots have been used as a tax-efficient vehicle to pass on wealth

Four tips to beat Rachel Reeves' Budget tax raid as Labour promises 'painful' decisions
Prime Minister Keir Starmer has warned the October Budget will be “painful”

How you could avoid drastic capital gains tax hike as Rachel Reeves 'considers 39% tax rate'
Chancellor Rachel Reeves is reportedly considering raising capital gains tax in the October Budget

A huge property tax cliff edge is looming - and it could cost you thousands
Stamp duty thresholds were temporarily increased in 2022, until March 31, 2025

Three big state pension issues which the Government really needs to address
GB News has spoken to financial experts about some pressing issues relating to the state pension

Means-testing the state pension 'would force millions to rewrite retirement plans'
Some Britons fear the state pension could end up being means-tested after Rachel Reeves axed the Winter Fuel Payment for millions of pensioners

How Rachel Reeves may be about to raise £20billion a year
Prime Minister Keir Starmer has warned the Budget in October will be “painful”

Britain’s homeownership crisis: The 10 most unaffordable UK areas for first-time buyers
High house prices combined with mortgage-to-salary ratios are making it challenging for first-time buyers to purchase a property

Pensioners who narrowly miss out on Winter Fuel Payment fear how they will manage this winter
The Winter Fuel Payment is a tax-free amount for pensioners - but eligibility rules have changed

Chart shows number of pensioners set to pay 40% tax in retirement within years
Rishi Sunak froze income tax thresholds until 2026, before Jeremy Hunt extended the freeze until 2028

Inflation is predicted to have risen in Labour's first month in power... we look at the reason behind the forecast
Inflation is expected to have risen in July's figures, which will be published on Wednesday

Analysis suggests Winter Fuel Payment savings could be much lower than expected: 'More cuts could be required'
Rachel Reeves announced the Winter Fuel Payment would become means-tested later this year in the House of Commons yesterday

Royal Mail appoints independent arbitrator after GB News investigation exposed counterfeit stamp scandal
GB News spoke to dozens of people from across the UK who were shocked to find they had been charged £5 due to the stamp, bought at Post Office, being deemed "counterfeit"

‘I’m an accidental entrepreneur – I followed my gut and made £130,000 revenue in one year’
Gemma Stuart changed her career path after suffering in silence for years with IBS

Simple Assessment explained as tens of thousands of pensioners face HMRC tax demand
HMRC is contacting around 560,000 customers who will need to pay tax via Simple Assessment

Worried about retirement or puzzled by pensions? Money expert Jasmine Birtles will answer your questions
Retirement may be a time of life many people look forward to, but there's a lot to think about when it comes to finances.

Chart shows how triple lock has boosted state pension as pensioners could get another 'sizeable' uplift
Earnings data is “likely” to be the figure used to uprate the state pension next year, experts have suggested

Catastrophic attack on critical infrastructure 'is looming and many are not prepared'
An IT outage has sparked payment problems, travel chaos and GP appointment disruption, sparking fears about whether the world is over-reliant on technology

HMRC set to rake in billions from your hard-earned savings as 6 million savings accounts hit by stealth tax
Savers are being urged to check whether they need to protect their cash savings with a tax-free savings account

I got £200 by moving bank account - I'm shocked at how few young people seem to know about switch incentives
GB News' Digital Finance Editor Jessica Sheldon has found many of her friends were unaware of bank account switching offers

From state pension to tax on pensioners - what Labour, Conservatives and Reform UK are planning for your retirement income
The 2024 General Election manifestos have been published, but what have different political parties said about the state pension and private pensions?

DWP says bank account monitoring test found 60,000 benefit claimants were breaching rules
The DWP has asked two high street banks to share internal data

'Jeremy Hunt, why won't you fix the fine penalising trapped savers?'
Frozen price cap limits are making getting on the housing ladder even harder, writes GB News Digital Finance Editor Jessica Sheldon

Millions of Tesco Clubcard members could bag themselves an extra £100 voucher from this week
Tesco Clubcard's new offers will vary for each member

Kellogg's announces 360 jobs to be cut as cereal giant confirms closure of factory
The future of the 27-acre factory in Manchester was first cast into doubt in February

Homeowners urged to check mortgage rate as 32,000 properties at risk of repossession
Mortgage repayments have skyrocketed in recent years following a surge in interest rates

DWP unveils three changes to Universal Credit and hires 2,500 'external agents' to spot 'incorrect' claims
The DWP plans to save £9billion by 2028 in a "sustained crackdown" on ineligible benefits claims

Post Office sees record high levels of cash deposits and withdrawals
Post Office recently partnered with Monzo to offer customers of the digital bank a cash deposit service

Treasury announces extra £51million for HMRC so phoneline staff can answer more calls
HMRC did a U-turn on plans to close its Self Assessment phone lines over the summer earlier this year

Best savings accounts this week as interest rate increases 'stir up' top rate tables
A finance expert has shared the latest best buys for fixed rate, easy access and tax-free savings accounts

Hotel Chocolat to open new store as firm plans to launch even more sites
Hotel Chocolat's new concept store will also have a cafe

HMRC warns thousands of people will need to take action over letter
HMRC will send 730,000 people their annual tax credits renewal notices from this week

NS&I announces new Premium Bonds results and five £100,000 winners bought bond this year
NS&I; will update the Premium Bonds prize checker with the results for May 2024 tomorrow

Lidl announces plans to open hundreds of new stores
Lidl GB now has a market share of eight per cent and intends to grow it even further

Tesco to offer three million Clubcard customers chance to earn extra £100 in vouchers
Tesco Clubcard customers could boost the amount of points they accrue in a new campaign

Royal Mail announces major new measures after GB News exposed 'counterfeit' stamps scandal
GB News found Royal Mail had charged dozens of people £5 for "counterfeit" stamps bought at reputable retailers

NatWest confirms two bank account changes - some customers to pay £60 a year more
NatWest said the cost of providing benefits associated with the affected bank accounts have increased "considerably" in recent years

Poundland closing nine former Wilko stores months after opening - full list of new closures
Poundland opened 80 stores, including 64 former Wilko sites, in the final quarter of 2023

Single pensioners need £277,500 more for ‘moderate’ retirement than couples
Single pensioners need £75,000 more in pension savings than couples for a “minimum” retirement

Asda introduces change to Rewards loyalty scheme
Asda previously offered certain loyalty scheme members an enhanced reward

Major inheritance tax mistakes to watch out for as receipts hit £7.5billion
More and more families could be at risk of inheritance tax but there are ways to reduce and even avoid bills

M&Co to return to high street! First store to reopen next week after 170 stores forced to shut last year
M&Co; will rejoin the high street under new ownership, after it was forced to close all of its stores last year

Millions of Premium Bonds prizes worth £83million are unclaimed - are you missing out on £100,000?
The total prize value of unclaimed Premium Bonds prizes is more than £83million, GB News can reveal

FTSE 100 hits all-time high as shares rally remains strong
The London FTSE 100 stock index closed at a new all-time high yesterday

Santander apologises for app problems after hundreds were left unable to access bank account
Santander has been rolling out a new mobile banking app in recent months

Co-operative Bank is axing rewards scheme which gives customers an extra £26
The Co-operative Bank's Everyday Rewards scheme rewarded customers for "making everyday use" of their bank account each month

Best savings accounts this week as two banks offer 5.20 per cent interest on easy access savings
A fall in inflation means savers now have a wealth of options when it comes to finding inflation-beating returns on savings

‘I’ve earned a £30 voucher just by tapping a button and changing when I use electricity’
GB News’ Digital Finance Editor Jessica Sheldon has been making the most of the National Grid ESO’s Demand Flexibility Service

Wilko announces relaunch which will make products available in 200 new UK locations
Wilko closed all 400 of its stores after collapsing into administration last year, but the brand was later bought by The Range owner CDS Superstores

Attendance Allowance replacement will be trialled in five areas this year - full list of councils in pilot
The Pension Age Disability Benefit is set to replace Attendance Allowance in Scotland

Inflation cools to lowest level in two-and-a-half years in ‘glimmer of relief’ for Britons
Inflation has cooled but prices are still rising, just less quickly

B&M pledges to open 45 new UK stores in year ahead as firm sees boost in sales
B&M; has opened 47 new stores in the UK in the past year

Pension savings can be passed on inheritance tax-free
Pensions can fall outside of an estate for inheritance tax purposes

Wrong tax code could see HMRC hold onto your hard-earned money for months
The new tax year could provide a good opportunity to check one’s tax code is correct

Access to cash ‘is so important’ to small museum: ‘We would have to close without cash payments’
GB News paid a visit to Thirsk, North Yorkshire, to hear about the importance of access to cash for a local museum

Best regular savings accounts - savers can get interest rates up to seven per cent
Regular savings accounts can offer some of the highest interest rates than other accounts, but there are certain restrictions on them

Now Royal Mail wrongly slaps customer with counterfeit stamp charge for genuine stamp as scandal escalates
An investigation to ascertain how Royal Mail deemed a genuine stamp “counterfeit” is now underway, GB News reveals

Royal Mail investigating barcoded stamps after GB News exposed 'counterfeit' stamp scandal
A GB News investigation in January found dozens of people had been charged £5 due to a "counterfeit" stamp, which the sender had bought at Post Offices and small supermarkets

Millions of workers get a pay rise worth £1,000 from today
Changes to the National Living Wage have come into effect today

Peacocks, Bonmarche and Edinburgh Woollen Mill owner to open 100 stores within months
Peacocks, Bonmarche and Edinburgh Woollen Mill brands were bought out of administration in 2021

NatWest confirms £200 free cash offer is ending - just days left to get bank account boost
NatWest and Royal Bank of Scotland are currently offering the highest amount of free cash as a switching incentive

Aldi releases list of new store openings as supermarket prepares to open 35 new stores
Aldi opened its 1,000th store last year

first direct offers £175 in free cash and savers can get 'best-buy' seven per cent interest rate too
first direct said the current account switch offer will only last for a limited time only

Ofgem to consider 'dynamic' price cap based on time of day you use energy
Ofgem wants to hear from billpayers as well as charities, consumer groups, businesses, and suppliers about their proposals and views on the future of the price cap

Wilko announces ‘exclusive’ free gifts up for grabs in two stores set to open next week
Wilko is opening a number of stores under new ownership, after The Range owner struck a deal with administrators to buy the brand last year

Waitrose proposes warehouse closure putting hundreds of jobs at risk
Waitrose said rental costs at the site are due to increase later this year

Aldi reveals 13 locations where the supermarket is aiming to open stores
Aldi now has more than 1,000 stores in the UK

Nationwide updates branch promise in boost for in-person banking
Nationwide Building Society extended its branch promise to 2026 last year

NS&I shares details on British Savings Bonds including how interest is paid
Chancellor Jeremy Hunt announced the new British Savings Bonds in his Spring Budget this month

Santander UK launches £185 free cash offer and new and existing customers could qualify
Santander has joined several other major banks in offering a switch incentive, after NatWest, RBS, Lloyds and HSBC announced offers in recent weeks

Britons could boost savings by £2,000 this year but deadline is looming
The 25 per cent government bonus offered via a Lifetime ISA comes on top of the interest rate offered by their bank or building society

NatWest Group announces new 'safe space' service at more than 360 UK bank branches
NatWest Group is joining other financial providers such as Nationwide Building Society, TSB, The Co-operative Bank and HSBC UK

Post Office to pay compensation after admitting to selling 'counterfeit' stamp supplied by Royal Mail
GB News investigation finds Royal Mail has charged people across the UK for 'fake' stamps bought at Post Offices

What is the British ISA? Jeremy Hunt's new tax break for investing in UK assets explained
The Treasury has launched a UK ISA consultation, inviting views on how to design and implement it, following Chancellor Jeremy Hunt's Spring Budget announcement

Pensioners forced to pay tax on ‘small’ pension income after Jeremy Hunt fails to scrap stealth tax
Pensioners have contacted GB News to express their despair at Mr Hunt’s decision to cut National Insurance rather than end the ongoing stealth tax

Budget 2024 tax calculator shows how National Insurance rate cuts and Child Benefit reform will affect you
Chancellor Jeremy Hunt delivered his Budget for "Long Term Growth" in the House of Commons today, but what do the announcements mean for your finances?

Lifetime ISA rule reform ‘overlooked’ in blow for first-time buyers
Lifetime ISA savers purchasing a home costing more than £450,000 face the choice of being charged on their hard-earned cash or miss out on their dream home

Jeremy Hunt announces 'unfair' Child Benefit tax rules stinging families will finally be changed
The High Income Child Benefit tax Charge has forced hundreds of thousands to pay back some or all of their Child Benefit since 2013

Jeremy Hunt launches British ISA in boost for tax-free investing options
Savers and investors can put up to £20,000 in ISAs in the current tax year

Alcohol duty freeze extended as Jeremy Hunt announces he's 'backing Great British pub'
The freeze in alcohol duty was due to end in August 2024

Gold strikes record high as traders bet on interest rate cuts
Gold prices typically rise when interest rates fall, as bonds become less attractive

End stealth tax and hike basic rate tax threshold to £20,000, Hunt told: 'Simplest and fairest thing to do'
Jeremy Hunt will deliver the Spring Budget on Wednesday

Morrisons customers urged to watch out as 8,000 people hit in email scam
Fraudsters are purporting to be from well-known retail brands such as Morrisons

Papa John's to close 50 ‘underperforming’ restaurants in the UK
Papa John's has more than 450 restaurants in the UK

Asda to give 8.4% pay rise to 120,000 workers as supermarket becomes ‘highest paying grocery retailer’
Asda announced the pay rise plans on the same day it opened its 1,000th store

Sainsbury's plans to cut 1,500 jobs in bid to slash costs: 'Difficult, but necessary'
Sainsbury's said the job cuts are subject to consultation

Millions of pensioners stung by income tax as ‘perverse’ state pension situation looms
More pensioners are being forced to pay income tax due to fiscal drag

The Body Shop to close 75 more stores with 489 staff made redundant - full list of closures
The Body Shop will shut nearly 100 shops after falling into administration

Marks and Spencer confirms store closure – ‘another nail in coffin for high street’
Marks and Spencer had previously announced plans to shut 110 stores

NatWest bank branch closure left pensioner 'holding back tears' over fears how to access money
NatWest closed its Bakewell branch last week, leaving the Peak District with no bank branches

Barclays delays branch closure as neighbourhood set to get new way to bank in-person
Barclays will now close the affected bank branch next year

Bank branches are closing ‘because no one uses them’ and end of cash is ‘inevitable’, AI expert claims
GB News panellists discussed bank branch closures and the use of cash this morning

Do you watch live TV or BBC iPlayer? A worrying scam is circulating which could drain your bank account
Fraudsters are purporting to be from TV Licensing to try and access important information

Liam Halligan warns of new charge being added to your energy bill that will INFURIATE you
Ofgem today announced the energy price cap would fall from April, although it will still be 50 per cent higher than pre energy-crisis levels

Another Boots store closure confirmed as locals fear decision will cause 'great strain’ on other pharmacies
Boots announced plans to close hundreds of stores last year

The Co-operative Bank launches new market-leading savings account paying seven per cent interest rate
The Co-operative Bank joins three other savings providers offering a seven per cent interest rate on regular savings

Cost and reputation are primary drivers in debanking customers, MPs say
Chancellor Jeremy Hunt announced "tougher rules" to stamp out debanking in October last year

Aldi to create 5,500 new jobs in UK this year as supermarket aims to open 500 more stores
Aldi has announced new jobs in-store and in its head office and regional distribution centres

Ofgem announces two more suppliers can restart involuntary prepayment meter installations
Ofgem permitted three energy suppliers to return to forcible prepayment meter installations last month

Martin Lewis’ ‘really important’ warning as pensioner gets £3,500 for much-needed ‘extra help’
Martin Lewis warned more than one million people could be eligible for Attendance Allowance but don't claim it

Wilko to reopen in former store just four months after site was forced to close
Several Wilko stores are being opened under new ownership, after all of its shops shut last year

The Body Shop announces 7 store closures after collapsing into administration - full list of affected sites
The Body Shop appointed administrators last week

Martin Lewis urges Britons to ‘spread the word’ as 1 million overpay for their NHS prescriptions
Martin Lewis said people should check if they can save money on their prescriptions ‘sooner rather than later’

Morrisons promises to match or beat Aldi and Lidl prices on 200 products
Morrisons’ CEO recently said they are developing plans to “reinvigorate, refresh and strengthen” the supermarket

Tesco Clubcard customers only have days left to spend vouchers worth millions of pounds
Tesco issued more than £125million of new Clubcard vouchers earlier this month

Premium Bonds prize fund rate will be cut within days with fewer high value prizes up for grabs
NS&I; said they need to “strike a balance” between the interests of Premium Bonds savers, taxpayers and the broader financial services sector

Pensioners are being dragged into tax net by 'stealth' after Sunak and Hunt 'changed the goalposts'
An estimated 900,000 pensioners face being taxed on their state pension due to a six-year "stealth" tax brought in by Rishi Sunak

Tesco warns 20 million Clubcard customers only have 10 days left to get ‘major’ double points boost
Tesco said the double Clubcard points event must end on Sunday February 25

UK in recession: Blow for Rishi Sunak after economy shrank 0.3 per cent in final three months of 2023
The UK slipping into recession has predicted to be “short-lived”

Fraudsters could access your bank account via tax refund scam - 200,000 targeted by ‘suspicious’ messages
Fraudsters are purporting to be from HMRC in a bid to steal personal and financial information

Inflation defies forecasts again as rate remains unchanged at 4 per cent
Prices have still risen, but they have increased at the same rate as they did in December 2023

The Body Shop collapses into administration putting thousands of jobs and 200 stores at risk
The Body Shop has got 200 stores

Nationwide Building Society pulls 8% savings account and offers 6.5% instead
Nationwide Building Society said the new issue of its Flex Regular Saver is still “highly competitive”

Barclays announces 22 more bank branches to close after announcing 40 closures last month – full list
Barclays is now set to close 96 bank branches in 2024 and 2025

HMRC explains how millions of Britons could get £1,200 savings boost
Hundreds of thousands of people are already benefitting from the savings account

‘I’ve made £1,500 in two months from my car – there’s great potential to earn more’
The car owner is looking to buy another car this year

Octopus Energy and equiwatt are offering rewards for cutting energy usage tonight
Octopus Energy and equiwatt are taking part in National Grid ESO’s Demand Flexibility Service test event tonight

Poundland set to close store which opened in former Wilko site just four months ago
Poundland owner Pepco agreed a deal with administrators to take over the leases of up to 71 Wilko stores last year

Coventry Building Society becomes best option for easy access savings despite rate cut
Savings providers have been withdrawing their more competitive options of late after the Bank of England ceased its consecutive base rate hikes

Skipton Building Society launches ‘first-of-its-kind’ savings account with ‘best buy’ 5.25 per cent rate
Skipton Building Society’s new savings account will track the Bank of England base rate for two years

Council tax bills could surge by 10 per cent in Birmingham as Michael Gove green lights request
Levelling Up Minister Michael Gove blamed the council's "failures" and "mismanagement"

Ofgem announces new compensation rules for customers switching energy supplier
Ofgem said the changes would take effect from April 1 this year

Asda, John Lewis and Costco shoppers urged to watch out as thousands targeted by convincing scam
Fraudsters are purporting to be well-known retail brands to try to harvest personal information

Boiler ‘tax’ forcing Britons to pay £120 more for missed heat pump installation targets set to be scrapped
Boiler manufacturers hiked prices of gas boilers last year after the Government announced plans to introduce penalties for missed heat pump installation targets

State pension age needs to increase to 71 by 2050 to ‘maintain status quo’, ‘alarming’ new report finds
The state pension age is currently set to rise to 68 from 2044

Hundreds of thousands of pensioners face surprise tax bill as Sunak’s stealth tax bites
Rishi Sunak froze the personal allowance during his time as Chancellor with Jeremy Hunt subsequently extending it until 2028

Octopus Energy launches new rewards and announces ‘surprise’ chance for 1 million to get money off energy bills
Octopus Energy is now offering free Greggs coffee and weekly cinema tickets as well as money off energy bills

NS&I saver with just £10 in Premium Bonds wins £50,000 – after buying Winning Bond in 1990
NS&I; has updated the Premium Bonds prize checker today

TSB plans job cuts and bank branch closures this year to reduce costs across group
The chief executive of TSB’s parent firm Sabadell said the bank’s cost-saving plans will include bank branch closures

Bank of England ‘should have cut interest rates today but they acted too late again’ says former adviser
The Bank of England’s Monetary Policy Committee (MPC) voted to hold interest rates at 5.25 per cent again today

NS&I announces Premium Bonds jackpot winners ahead of prize fund rate cut
NS&I; will update the Premium Bonds prize checker tomorrow

Morrisons boss to draw up plans to ‘reinvigorate’ supermarket group
The new Morrisons boss was appointed chief executive in November last year

Santander UK profits rise after interest rate hikes but more borrowers under stress
The Bank of England hiked interest rates 14 consecutive times over the past two years

NS&I cuts savings bonds rate by half in two months as savings market 'gradually heads south'
NS&I; announced it was reducing the Premium Bonds prize fund rate from the March 2024 prize draw earlier this month

UK needs tax rises not cuts says IMF as it brands Jeremy Hunt’s spending plans ‘unrealistic’
Chancellor Jeremy Hunt has been urged to avoid cutting taxes in the upcoming Spring Budget

Barclays announces even more bank branches to close just days after unveiling 20 branch closures - full list
It takes the number of closures announced by Barclays already this year to 40

Pensioners on low income could get £299 boost next month – but hundreds of thousands set to miss out
The Government will pay the final instalment of the £900 Cost of Living payment for people on means-tested benefits from February 2024

'It's a no-brainer': Scrap TV licence fee and introduce new 'tax' for all households, says TV boss
The TV licence fee will increase from £159 a year to £169.50 from April 2024

‘My wife and I have separate savings accounts – how can we avoid the risk of ridiculous probate costs?’
Probate is the legal right to deal with someone's estate when they die, and it is possible - and cheaper - to apply for a grant of Probate oneself

Lloyds Banking Group to cut 1,600 jobs across its branch network as part of shift towards online banking
Lloyds Banking Group will create about 930 new roles

Wilko owner ‘to reopen’ two stores under The Range brand in March – is it a site near you?
The Range owner has reopened several Wilko stores under new management

Boiler expert warns a ‘small investment’ could save you ‘thousands of pounds’
Ignoring a “silent troublemaker” with one’s boiler could lead to central heating chaos

Royal Mail stamps scandal: Innocent Britons forced to pay for mail after Post Office sells counterfeit stamps
Britons have been left furious and fearing they look like criminals, despite buying the stamps from reputable shops

Ofgem price cap forecast to fall in April despite fears of energy bills spiking
Ofgem now updates the energy price cap on a quarterly basis

Sainsbury’s to wind down banking service – 1.9 million customers could be affected
Sainsbury's launched a Food First strategy in 2020

Octopus Energy announces ‘surprise’ opportunity for customers to get money off energy bills
Billpayers may be able to earn rewards in return for reducing their energy usage this evening

Yorkshire Building Society launches 'competitive' new savings account paying six per cent
Yorkshire Building Society has launched a new version of its popular Christmas savings account

Unexpected rise in UK inflation rate for first time in months
The UK rate of inflation has been falling since February 2023

Nationwide Building Society launches new service at 400 UK branches
Nationwide Building Soicety now has the largest branch network of any UK banking brand

‘Huge boost’ for parents’ state pension prospects as HMRC announces new plans
State pension entitlement is linked to the number of qualifying years on a person’s National Insurance record

Wilko unveils locations of two new stores set to open this Spring
Wilko has announced two more two locations set to open, after three concept stores opened in December

Co-op Bank is offering savers £150 and you can qualify if you’re already a customer
Co-op Bank has launched a new current account switch incentive

Britons fume as they’re forced to pay £5 to get their Christmas cards - 'totally ridiculous'
Royal Mail has been charging four times the price of a first class stamp to release letters sent with “counterfeit” stamps since October 2023

Citi plans to cut 20,000 jobs as part of bank’s overhaul
Citi's shares rose as much as 3.3 per cent in morning trading before easing back

Barclays announces 20 more bank branch closures - full list of the fresh branches set to close
Barclays said the different ways to bank - such as via app, online or telephone banking - means there has been a "big impact" on the number of customers visiting branches

Skipton Building Society launches new ‘best buy’ easy access account but slashes interest rate on regular savings
Skipton Building Society said the new easy access account is exclusively available for its members

Royal Mail charges elderly woman £5 to get Christmas card due to 'counterfeit' stamp: 'I'm the victim of crime'
Royal Mail hiked the charge to release letters sent without the full postage or a “counterfeit” stamp from £2.50 to £5 in October 2023

NS&I announces cut to Premium Bonds prize fund rate
NS&I; has confirmed the odds of winning will not change

Millions of Britons warned not to make ‘costly mistake’ as £400billion languishes in bank accounts
Yorkshire Building Society is urging savers to check to see if their money could be working harder than more competitive bank accounts

Capital gains tax poses ‘triple threat’ as investors face paying ‘eye-watering’ levels of tax
The capital gains tax allowance will be halved in April

State pension tax warning as 'growing numbers' face being taxed on payment
Pensioners have been told to look out for a “simple assessment” tax demand as more and more pensioners face being taxed on their state pension

Martin Lewis highlights 'grossly unfair' Child Benefit tax rule that hits more and more families each year
Martin Lewis interviewed Chancellor Jeremy Hunt on Monday

HMRC urges people who have made money on crypto to make crucial check or risk £100 penalty
Anyone with cryptoassets will need to declare any income or gains above the tax-free allowance on a tax return

Widow quoted £2,676 to access £48,000 Premium Bonds inherited from her husband
The widow said she thinks it’s very unfair she has to spend so much on a solicitor to access the NS&I; savings

Barclays is cutting 5,000 jobs 'including hundreds' of roles in UK
The job cuts are understood to represent one of the most significant cost-cutting plans at Barclays since the 2008 financial crisis

Ofgem says Octopus Energy, EDF and Scottish Power permitted to restart forcibly fitting prepayment meters
Ofgem said Octopus Energy, EDF and Scottish Power will need to make at least 10 attempts to contact a customer and carry out a site welfare visit

Pensioners and low income Britons could be eligible for £25 during very cold weather
The £25 payments are made via the Cold Weather Payment Scheme

Pensioners warned ‘it’s time to do the £93.60 test’ and check for state pension underpayments
Britons are being encouraged to do a simple check to see if they are getting the right amount of state pension this New Year

Jeremy Hunt says he ‘doesn’t yet know’ if UK Government can afford tax cuts
Chancellor Jeremy Hunt will deliver his Spring Budget on March 6

Sainsbury's announces 'industry-leading' pay rise for 120,000 employees
The supermarket chain, which also owns Argos, said it recognises the hard work of colleagues across Sainsbury’s and Argos

First-time buyers could get £2,000 tax-free boost this year but deadline is looming
Prospective homeowners need to make sure they’re aware of the withdrawal rules

Nationwide Building Society sees cash usage soar again as millions withdrawn
Nationwide, which has a network of more than 1,200 ATMS in the UK

NS&I updates Premium Bonds prize checker - how to check if you have won
NS&I; updates the Premium Bonds prize checker the day after the first working day of each month

Middle income families ‘bear brunt of pain’ as stealth tax leaves Britons facing £4,000 extra tax this year
Prime Minister Rishi Sunak froze income tax thresholds until 2026 when he was Chancellor, with the freeze then extended to 2028 by Chancellor Jeremy Hunt

Selling unwanted Christmas gifts? Beware big tax bill as new HMRC rules affecting eBay, Vinted and Etsy take effect
People making money from selling second-hand goods or renting out a room on Airbnb could be affected

HMRC warns millions of Britons must act this month or face £100 fine
HMRC has warned the Self Assessment tax return deadline for the 2022 to 2023 tax year falls on January 31 this month

Five-minute pension task could save loved ones ‘months of stress’ and reduce risk of delayed payments
Pension savings could be paid to the wrong people, such as an ex-spouse, if the paperwork is out of date

NS&I unveils details about £1million Premium Bonds prize winners in January 2024
NS&I; will update the Premium Bonds prize checker tomorrow, on January 3

NS&I doesn’t know the name of winners for hundreds of Premium Bonds prizes – have you won?
There are more than two million Premium Bonds prizes which have gone unclaimed, NS&I; data shows

Common inheritance tax mistake can leave families ‘stung’ with ‘tough anti-avoidance rule’
The standard inheritance tax rate is 40 per cent

Hundreds of thousands of pensioners at risk of missing out on £299 from next month
The Department for Work and Pensions (DWP) will pay £299 cost of living payments to eligible people including certain low income pensioners next month

How to check your tax code is right and HMRC takes the correct amount of tax
Employees may want to check their payslips to see if their tax code is right

How to register Power of Attorney if your town has been hit by bank branch closures
Thousands of bank branches have closed across the UK since 2015

Amazon announces new fee for Prime Video members who don’t want to watch adverts
Amazon Prime Video users will have to fork out an extra £35.88 a year if they want to skip adverts

Octopus Energy and OVO Energy are offering free electric blankets this winter
The free energy saving products could help customers to cut costs and keep warm

HSBC UK vows not to announce any new bank branch closures in 2024
HSBC UK closed more than 100 bank branches in 2023

Poundland boss hails ‘amazing’ trade after opening in 64 former Wilko stores
Poundland agreed a deal to buy up to 71 former Wilko properties from administrators in September

1p savings challenge could see you amass £650 by Christmas 2024
The 1p money saving challenge could help people to build up a pot of savings over time

Pensioner left with 'very little' after she had to spend life savings on £4,000 a week care home
Pension Credit can provide extra money to low income pensioners who have reached state pension age

Nationwide Building Society pulls free £200 deal and cuts interest rates on 10 savings accounts
Nationwide Building Society was offering £200 to customers who switched their current account to the building society

Cat owner charged almost £40 for two-minute phone conversation with vet
The man had already been charged nearly £200 for a medicinal powder after a trip to the vets

UK inflation falls again to 3.9 per cent - lowest rate in more than two years
The UK rate of inflation has fallen, new official figures published today show

Sadiq Khan announces plan to increase council tax by £37.26 for average band D homes in London
The Mayor of London blamed the increase on the Government for “failing to properly fun” police, fire and transport

Morrisons boss delivers stark warning to staff as he calls for urgent change
Morrisons announced the supermarket had appointed Rami Baitiéh as Chief Executive Officer in September this year

DWP is paying state pension early to certain pensioners this week
Certain pensioners will face a temporary change to when they get their state pension

‘One of most common’ inheritance tax mistakes is ‘simple’ to make
Inheritance tax is often referred to as Britain’s most-hated tax, although only four per cent of estates are affected by it

Britons rush to increase their state pension entitlement before deadline
People may be able to claim National Insurance credits or make National Insurance contributions to boost their state pension entitlement

Bank of England holds interest rates at 15-year high - two years after first of 14 consecutive hikes
The Bank of England base rate is at a record high following 14 consecutive interest rate hikes within the past two years

HSBC UK is offering students free £100 boost but offer ends soon
HSBC UK customers could also get a one-year subscription to the meditation service Headspace

Pensioner recalls losing house and ‘life spiralling' after being left relying solely on state pension
Pensioners are being urged to reach out if they are struggling, as they could be missing out on vital financial support

Majority of Americans think US economy is in recession, survey finds
A recession is defined by two consecutive quarters of negative growth

Bank of England expected to hold base rate at 15-year high as data signals ‘potential cracks’ in economy
The Bank of England's Monetary Policy Committee (MPC) will meet for the final time this year to vote on interest rates tomorrow

New state pension falls £2,643 short of basic standard of living in retirement
The state pension will rise by 8.5 per cent in April under the triple lock

DWP confirms exactly when eight million households will get £299 cost of living payment
The £299 sum is the third instalment for the £900 cost of living payment being paid to people on a low income this year

Scrap triple lock and link state pension to earnings, says IFS
Government spending on the state pension is forecast to soar in coming years

Martin Lewis shares 'no-brainer' deal for people staying on energy price cap
Martin Lewis addressed energy bill tariffs during The Martin Lewis Money Show Live this evening

Post Office sees surge in cash withdrawals as Britons stick to budget and bank branches close
Post Offices saw their busiest month of the year in terms of personal cash withdrawals last month

DWP shares new list of Cold Weather Payment triggers as certain people now due £50
Eligible people living in hundreds of postcodes are due Cold Weather Payments following freezing temperatures this winter

UK tax level hits its highest rate on record
Separate figures showed the UK now faces the highest level of property taxes across the developed world

Ovo Energy customer saved £160 on energy bills thanks to 'very small' change
Ovo Energy said 77,500 customers saved money in November alone

Cold Weather Payments triggered in more postcodes – full list where eligible people will get £25
Cold Weather Payments have been triggered in eight new postcodes, it’s been confirmed today

Child Benefit set to rise next year but parents warned of tax charge risk as wages rise
HM Revenue and Customers has published the proposed new Child Benefit rates

TV licence fee review launched as new rate from April 2024 confirmed
A review into how the BBC should be funded in the future has been launched, the Government said today, as it announced how much the TV Licence fee will increase by

Cold Weather Payments triggered in 11 more postcodes – new full list
People can check to see whether they are due a Cold Weather Payment via the DWP’s postcode checker

1.1 million pensioners could be missing out on up to £5,306 designed to help towards ‘staying independent’
Attendance Allowance is a state pension age benefit which is intended to help people with the extra costs they may face due to having a disability

Current account switch deal offers switchers up to £200 plus eight per cent interest rate
People who are unhappy with their bank or building society may opt to open up a current account elsewhere, and some providers are offering cash incentives to switchers

Thousands of Utilita customers to get £150 discount on energy bills as new support announced
Utilita has allocated £500,000 of a new £5million support fund to people eligible for the £150 Warm Home Discount Scheme

Nearly 5 million UK homeowners are set to see mortgage repayments soar by hundreds, Bank of England warns
The Bank of England has paused interest rate hikes since the last rise in August 2022, following 14 consecutive increases in a bid to ease inflation

Gold price soars to record high as traders bet on interest rate cuts
The gold price rally came after the head of the Federal Reserve seemed to suggest interest rates would not be hiked further for now

Millions could get £1,200 tax-free savings bonus thanks to account which takes '5 minutes' to open
Some 450,000 savers have already benefitted from the savings scheme and millions more could be eligible

National Insurance rate will be cut next month but there are 8 reasons you could pay more tax in 2024
National Insurance will be cut from January, but frozen income tax and National Insurance thresholds are among many reasons people could end up paying more in tax

Barclays to close 18 more bank branches - full list of fresh closures
Barclays has said not as many people are using branches these days, leading to the closures

DWP could be given power to check bank accounts of anyone getting state pension
The state pension is currently linked to a person’s National Insurance record

‘Miserly’ Christmas Bonus ‘won’t get you very much’ as inflation slashes value of DWP payment
The qualifying week for the Christmas Bonus is typically the first full week of December

Pensioner queries income options as small pension provides just £46 a month
A pension expert has explained the rules surrounding pension annuities

Universal Credit payment date will change for some recipients this month due to Christmas
The Universal Credit payment date changes are temporary, and won't affect all recipients

People on low income could get £150 off electricity bills but Warm Home Discount Scheme has changed
The Warm Home Discount Scheme eligibility rules changed last year

One million Octopus Energy customers can earn money off bills tonight
The National Grid ESO has announced another Demand Flexibility Service live event will take place this evening

Wilko announces three new in-store services including paint-mixing as brand to return to High Street tomorrow
Wilko will open three new concept stores within the next eight days after 400 stores closed in October this year

NatWest accused of 'debanking' popular town as MP fears 'people outside of cities are forgotten!'
NatWest has announced its Bakewell bank branch, in Derbyshire, will close on February 22 next year

Metro Bank axing 850 jobs and reviewing seven-day bank branch opening hours
Metro Bank is set to axe 20 per cent of its workforce as part of its goals to ramp up cost savings to £50million per year

Barclays opens mobile bank van in church graveyard as bank prepares to close local branch
Barclays will close the Hove bank branch on Friday, December 8

Cold Weather Payments due in hundreds of UK postcodes as temperatures to plummet
The Cold Weather Payment scheme has been replaced in Scotland with eligible people now getting an annual £50 payment instead

You can check if you’re due £25 Cold Weather Payment with online postcode checker
People who qualify for the Cold Weather Payment can check if they’re due to get a payment via the Cold Weather Payment postcode checker

Get PAID to turn OFF your heating TONIGHT: Households get cash for cutting their electricity after National Grid shortage fears
National Grid ESO is activating its first test event for the Demand Flexibility Service this winter tonight

Pensioners on low income urged to act within days or risk missing out on £300 tax-free boost
The DWP has joined forces with Harry Redknapp to encourage pensioners to check to see if they can claim Pension Credit

Cold Weather Payments triggered in parts of UK as snow forecast
Cold Weather Payments are paid automatically to those eligible when there has been a trigger in their local area

Barclays to cut 900 jobs as bank strives to 'reshape' its UK business
Barclays staff were told of the job redundancy news at 1pm today, according to the union Unite

The Range boss announces plans to open up to 300 new Wilko stores with 50 already 'with the lawyers'
The new owner of Wilko will open five concept stores before Christmas

Coventry Building Society announces ‘highly competitive’ new savings account which pays 7%
Coventry Building Society has announced an exclusive new savings account with a competitive interest rate

Pensioners will get one-off payment next month - when to expect the Christmas bonus
The Department for Work and Pensions (DWP) will automatically pay the Christmas Bonus to those eligible

Energy bills going up from January: How much it will cost you to use ovens, air fryers and the washing machine
Ofgem has confirmed the energy price cap will increase by five per cent from January

Poundland to open more former Wilko stores tomorrow - full list of new openings
Poundland plans to have opened 64 former Wilko stores before Christmas

Barclays could cut up to 2,000 jobs as bank ‘works on £1bn cost-saving plans’
Barclays is reportedly considering cutting thousands of back office roles

Low earners to pay £401 more tax next year despite National Insurance rate cuts
Chancellor Jeremy Hunt announced National Insurance rate cuts in the Autumn Statement yesterday

Nationwide Building Society reduces interest rates offered on 10 fixed savings accounts
Nationwide Building Society has withdrawn fixed rate products for the second time in three weeks

Shoppers could get free bag full of Wilko products as three stores set to reopen within days
Wilko announced it would open five concept stores before Christmas, in a boost for the High Street

Premium Bonds savers told to ‘brace’ for prize fund fall as NS&I accounts set to become ‘less attractive’
NS&I; has drawn in £9.8billion from savers in the past six months

NatWest releases full list of 18 more bank branches which will close from this winter
NatWest will close 138 of its bank branches in 2023 with further closures in 2024

Energy bills to rise in January - Ofgem energy price cap to increase by £94 to £1,928 a year
Energy bills are set to rise for millions of households in January

Jeremy Hunt removes 'one complexity' of tax-free saving system as he changes ISA rules
Chancellor Jeremy Hunt did not address the change to Individual Savings Account (ISA) rules in his Autumn Statement speech today

Jeremy Hunt announces major National Insurance reform to save 2 million self-employed earners £350 a year
Jeremy Hunt delivered the Autumn Statement in the House of Commons today

Universal Credit to increase by 6.7 per cent next year - 5.5 million to get £470 boost on average
The Department for Work and Pensions (DWP) has confirmed the new rates for Universal Credit today

Nationwide Building Society launches new savings account paying ‘competitive’ 5% – age limits apply
Nationwide Building Society hopes to encourage younger people to save by launching the new savings account

Jeremy Hunt to cut National Insurance rate in boost for 27 million workers
The Chancellor Jeremy Hunt has announced a cut to the National Insurance rate in his Autumn Statement today

Jeremy Hunt announces record wage boost for 3 million workers - pay rise worth £1,800 for full-time workers
The National Living Wage was previously only available to people aged 23 or over

Huge boost for pensioners! Hunt honours triple lock in full - state pension to increase by 8.5 per cent
Pensioners will get a significant uplift to their state pension for a second consecutive year in April 2024

Pensioner, 84, left owing HMRC £300 tax bill due to ‘stealth tax’ amid ‘nice’ state pension increase
The state pension increased by 10.1 per cent in April 2023 via the triple lock mechanism

Barclays announces 16 more bank branch closures - full list of new sites closing
Barclays has announced more bank branch closures, which will come after 180 branches closing this year

Santander division cahoot launches new competitive easy access savings account
Savers don’t need to have any other cahoot accounts to open the easy access savings account

Jeremy Hunt urged to scrap ‘tax increase’ as parents pay thousands to HMRC by stealth
Chancellor Jeremy Hunt will deliver his Autumn Statement in the House of Commons on Wednesday

Pensioners who have saved all their working lives are being ‘punished’ by 'absurd' stealth tax, says Tory MP
Bumper state pension rises under the triple lock are having less of an impact for pensioners affected by the six-year tax threshold freeze

Sunak told to increase ‘unfair’ 40% tax threshold to £75,000 and abolish six-year STEALTH tax freeze
Middle earners are set to pay thousands of pounds more in tax as incomes rise with inflation but the income tax thresholds do not under Jeremy Hunt and Rishi Sunak's six-year tax allowance freeze

British pensioners stuck in state pension ‘postcode lottery’ step up campaign to urge Government to ‘end this injustice’
A number of British pensioners affected by the “frozen” state pension policy will visit the UK next week

Good news for High Street as shoppers could get £15 boost by buying from small businesses
Members of the public can earn £5 back in credit if they spend with selected businesses

Lloyds Bank announces another bank branch closure – full list of closures in 2023 and 2024
Lloyds Banking Group will close 231 of their bank branches in 2023 and 2024

Tory MP urges Rishi Sunak to 'return fairness' amid soaring tax squeeze
Chancellor Jeremy Hunt extended Rishi Sunak’s personal allowance and higher rate tax threshold freeze until 2028

Online tool shows the impact inflation has on your pension savings
The Bank of England’s inflation target is two per cent

Mortgage experts explain what falling inflation means for homeowners and buyers
UK inflation has fallen to the lowest level in two years, according to official data published today

UK inflation hits lowest rate in two years in promising sign for Rishi Sunak
The UK rate of inflation have fallen amid easing energy prices

Hundreds of thousands of pensioners set to face unexpected tax bill
More people are set to be brought into the income tax net as the personal allowance has been frozen for six years

NS&I replacing 5.7% savings option with new rate offering just 3.95%
NS&I; launched the Green Savings Bonds in 2021 to help fund green government projects across the UK

Millions of customers to get lower water bills from next year
Ofwat said 12 water companies will return around £193million to customers

Cost of living payments ‘not enough’ say MPs as Universal Credit uplift proposed
The government launched a £900 cost of living payments scheme for people on certain means-tested benefits, a £150 Disability Cost of Living Payment and up to £300 for pensioner households this financial year

State pension triple lock could be changed ‘to deliver fair increase’
The Chancellor Jeremy Hunt is expected to address the state pension triple lock in the Autumn Statement on November 22

Britons giving gifts to loved ones urged to beware inheritance tax ‘trap’
Giving gifts is a way in which people may be able to reduce inheritance tax liabilities

How much money you can give to grandchildren under inheritance tax allowance rules
The 40 per cent inheritance tax rate usually applies on parts of an estate above the £325,000 threshold

Lloyds Bank urges customers to watch out as victims are handing over £11,000 to fraudsters
Lloyds Bank said these customers have been making several payments to fraudsters before realising they have been scammed

Two million workers set to see 'huge' pay increase next year
Chancellor Jeremy Hunt said the National Living Wage would rise to at least £11 an hour next year

Santander offers chance to get 'life-changing’ £100,000 paid into account before Christmas
Santander UK has said new and existing customers are eligible to enter the prize draw

Martin Lewis urges Jeremy Hunt to shake-up ‘unfair’ ISA rules as house-buyers ‘shouldn’t be penalised’
Martin Lewis is among a number of financial experts urging the Chancellor Jeremy Hunt to change Lifetime ISA rules

Nationwide Building Society withdraws 5.4% Bonds as new fixed rate options announced
Nationwide Building Society launched new fixed rate bonds this month

HMRC urges Britons to check if they can get £1,200 boost via ‘very attractive' scheme
New figures show almost 450,000 people have opened an account in the past five years

Barclays is offering £175 cash boost in time for Christmas plus 5.12 per cent interest rate
Barclays is among a number of banks and building societies offering free cash to new customers

Most expensive place to retire outside of London is a popular northern city
How much a person needs to retire will depend on individual circumstances, and where one lives will also affect the amount required

State pension age is rising again - how to check when you can claim
The state pension isn’t paid automatically, but needs to be claimed as a person approaches or turns state pension age

Married couples may be able to reduce tax bill by £252 – how to check if you can save money
Couples must be married or in a civil partnership to benefit from the income tax relief

Wilko stores to RETURN to High Street: Five new Wilko shops will open before Christmas
All Wilko stores closed after a rescue deal to save the whole company could not be reached

Wilko products will return to high street this week
Wilko’s brand, website and intellectual property was bought by The Range last month

‘Deeply worrying’ drop in Pension Credit take-up – are you missing out on boost worth £3,500?
State pension age Britons on a low income could be able to claim the top-up benefit Pension Credit

HSBC is offering up to £205 to new customers and you don’t have to switch your current account
HSBC is also offering new customers the chance to win £3,000

Jeremy Hunt ‘looking at changing’ Lifetime ISA rules in Autumn Statement
The Chancellor Jeremy Hunt will deliver his Autumn Statement next month on November 22

Universal Credit rules have changed so thousands will need to spend more time looking for work
The Universal Credit rule changes will affect parents

Poundland announces 19 more former Wilko stores to open - full list
Poundland has already opened 37 former Wilko stores under the Poundland branch within three weeks

Bitcoin rises to 17-month high as ETF speculation mounts
The price of bitcoin increased more than 10 per cent

Horrified Amazon customer tricked out of £11,000 by super-sophisticated scam
An Amazon customer was left devastated when he realised fraudsters had stolen almost all of his savings

State pension to increase by almost £1,000 a year under triple lock
Pensioners look set to get an 8.5 per cent increase to their state pension in April 2024, following a bumper 10.1 per cent rise earlier this year

460,000 people to get 10 per cent pay rise from today – are you eligible for boost?
The new rates will be a “lifeline” for hundreds of thousands of low-paid workers, the Real Living Wage Foundation said

Millions of people struggling to save may be able to boost savings by up to £1,200 via ‘really good’ scheme
GB News spoke to financial adviser Emmanuel Asuquo to find out his savings and money saving suggestions

Cold Weather Payment Scheme replaced in part of UK - can you get £50 boost?
The Cold Weather Payment Scheme is worth £25 for every qualifying seven day period of very cold weather during the winter

HMRC warns of ‘alarm bells’ as 58,000 people targeted with fake tax rebate
HMRC saw 130,000 reports about tax scams in the year to September 2023

400,000 pensioners urged to set aside part of state pension for HMRC tax demands
The state pension looks set to increase by 8.5 per cent under the triple lock mechanism, after a 10.1 per cent rise earlier this year

Nationwide Building Society issues alert to customers making payments from their account this weekend
Nationwide Building Society will still be able to use their cards online and in shops, among other unaffected services

DWP is paying up to £1,060 to eligible people ahead of Christmas
Pensioners are among those able to get extra cost of living support this winter to help with heating bills

Best Lifetime ISA offers £1,000 a year boost plus 4.25 per cent interest rate
Lifetime ISAs can be a helpful way for people to save for their first home or retirement tax-free

State pension set for bumper inflation-beating increase but 500,000 will miss out
An estimated half a million pensioners are affected by the frozen state pension policy

Netflix hikes prices on various subscription options in UK
Netflix said it has added 8.8 million subscribers between July and September, partly driven by its efforts to crack down on password sharing

'High alert' as 200 Santander UK customers targeted by fraudsters in one month
Santander UK said one of the scam victims was defrauded of a five-figure sum

Income tax allowance freeze is costing workers thousands as Treasury to rake in £52billion
The personal allowance and basic rate income tax band would likely have increased by 6.7 per cent next year, had the thresholds not been frozen

Rishi Sunak told to shut down Britain’s gas network and roll out heat pumps
The Prime Minister Rishi Sunak has been warned that natural gas supply must end by 2050 for the UK to meet climate targets

Pensioners set to get up to £900 a year boost under triple lock as inflation sticks at 6.7 per cent
Pensioners got a 10.1 per cent state pension increase in April 2023, which was in line with inflation

Caring for a loved one? You might be entitled to £307 a month plus council tax discount
Unpaid carers may be able to claim Carer’s Allowance, which could also unlock access to extra support

Poundland announces nine more former Wilko stores will open this weekend – full list
Poundland has already reopened 28 former Wilko stores within three weeks

Pay overtakes inflation for first time in almost two years as ONS figures 'confirm' state pension challenge
Average pay growth has eased compared to the previous period

Best fixed rate savings accounts include product paying 6.11 per cent interest rate for one year
Fixed rate savings accounts can offer better rates of interest than easy access options would do, although savers usually can’t withdraw the funds during the period

Millions of people will be able to get £150 to help with energy bills this winter
The Warm Home Discount Scheme rules have changed meaning eligible people in England and Wales are automatically paid - but some in Scotland still need to apply

Retired teacher with dementia pushed into overdraft after Ovo Energy tripled bills and left her £7,000 in credit
The retiree, who was dealing with the loss of her late partner, said she thinks it's "unfair" that Ovo Energy could keep so much of her money

Final figure for state pension triple lock will be released this week
Another significant increase is expected in April 2024 after a double-digit rise of 10.1 per cent under the state pension triple lock in 2023

Aldi customers urged to check receipts as self-checkout process could mean you overpay for your shop
Aldi has been named as Britain’s favourite supermarket, according to new polling data

Asda relaunches offer giving customers the chance to get up to £100 off their shopping
Asda has relaunched the Scan to Win scheme, which ran throughout September

Coventry Building Society increases interest rate on cash ISA to give savers ‘market-leading’ rate
Coventry Building Society now offers the market’s highest interest rate for cash ISAs, correct at the time of writing

Skipton Building Society increases interest rate on two savings accounts
Skipton Building Society savers can pay up to £20,000 a year into the cash ISA, in line with the annual ISA allowance

Royal Mint unveils the eight new King Charles III coins set to enter circulation in UK this year
The Royal Mint said the new coin designs are inspired by flora and fauna found across Britain and reflect King Charles III’s passion for conservation and the natural world

The Range confirms Wilko products will be sold in stores nationwide as website relaunches
Wilko shoppers can bag deals from the homeware and hardware retailer again after the online store relaunched today

How to avoid stealth tax turmoil as more taxpayers dragged into higher-rate band
Prime Minister Rishi Sunak and Chancellor Jeremy Hunt have frozen the personal allowance and higher rate income tax band for six years

Wilko sale warning after shopper loses £200 to fraudsters
Police have issued an alert for Wilko shoppers who have been searching for deals of late

HSBC warns savers there’s just one week left to get its savings account paying 5.70 per cent
HSBC UK research has found the typical Briton has more than £12,000 in savings, but women have £3,000 less than men

Savers face ‘bigger threat than inflation’ as those benefitting from high interest rates could be hit by tax
Inflation appears to be retreating from the very high levels seen in 2022 and 2023

British expats ‘locked out of pensions by Brexit rules' as UK banks close accounts
A company which specialises in giving advice to people moving overseas said “dozens” of retirees have said pension providers have refused to pay out

Pensioners to get up to £300 to help pay for heating bills this year – payment due from next month
The pensioner cost of living payment is worth between £150 and £300

Top cash ISAs for tax-free savings paying up to 5.85 per cent
Savings put into a cash ISA are not subject to tax, meaning they can be appealing for savers who could breach the personal savings allowance

Poundland to open nine more former Wilko stores this weekend – full list of sites reopening
Poundland has already opened 20 former Wilko stores, with the new tranche of openings meaning the retailer will have opened 29 sites in three weeks

Skipton Building Society launches low-rate mortgage range including 3.35 per cent deal
Skipton Building Society said it’s “crucial” lenders offer as much support as they can

Savers told to ‘move quickly’ to lock in top interest rates after ‘hugely popular’ NS&I account pulled
NS&I; has announced it had withdrawn the Guaranteed Income Bonds and Guaranteed Growth Bonds from general sale less than five weeks after launch

Best easy access savings accounts right now offering up to 5.3 per cent
NatWest Group bank Ulster Bank Limited is currently offering the highest interest rate for easy access savings right now

Cold Weather Payment Scheme will open within weeks and eligible people could get £25 during very cold weather
The Cold Weather Payment Scheme no longer runs in Scotland, but people might get an annual £50 Winter Heating Payment instead

Wilko asks customers what products they’d like to see return as final stores close down
The Wilko brand has been saved by The Range, but all 400 stores have now closed

Nationwide Building Society announces major update for all 605 branches
Nationwide Building Society is the UK’s largest building society

Low income Britons urged to check to see if they can ‘substantially’ reduce water bill
Millions of Britons are set to pay more for their energy bills this winter than last, and those struggling to make ends meet may want to see if they can cut costs elsewhere, such as on their water bills

Low income Britons could get £150 energy bill discount – eligibility criteria explained after scheme changed
The Warm Home Discount Scheme changed in winter 2022, which meant more than 200,000 disabled households were no longer eligible, a charity warned

Boots scam warning as 10,000 targeted by fake email designed to steal your bank details
Fake emails, some of which purport to be from Boots, claim to offer a free Oral-B iO Series 9 Electric Toothbrush

TSB announces deadline for people to get free £150 before Christmas
TSB is currently offering a switch incentive worth more than £200

NS&I pulls ‘market-leading’ savings option after thousands secured high rate
NS&I; launched the new issues of these two savings products on August 30

Wilko tells customers to keep ‘eyes peeled’ as online store is ‘coming soon’
All Wilko stores will have closed by the end of this week but customers could still be able to purchase products from Wilko.com soon

HMRC issues tax refund scam alert as fraudsters attempt to steal bank details
Fraudsters are purporting to be from HMRC and pretending to offer people a tax refund

HSBC UK increases interest rate on savings account to 5.7 per cent
HSBC UK savers have until the end of October 18 to apply and get the special rate

Martin Lewis shares top ‘stand-out’ accounts right now as saver wonders where to put £80,000 inheritance
Martin Lewis highlighted some of the best savings accounts for interest rates right now

Yorkshire Building Society launches new savings account and increases interest rate on easy access option
Yorkshire Building Society said it will allow members to benefit from a “competitive return” on their money for a year

Nationwide, Lloyds Bank, TSB and first direct are offering free cash and you could get up to £200
The banks and building societies are hoping to draw in new customers with their current account switch incentives

British Gas customers struggling with energy bills could get up to £1,500 grant
British Gas has committed £100million in energy bill support since the start of energy crisis

-State pension triple lock ‘was never intended to last forever' – Rishi Sunak urged to set out new plan
The state pension looks set to rise by at least 8.5 per cent in April 2024 under the current triple lock mechanism

Poundland shares full list of 10 former Wilko stores reopening this week
Poundland owner Pepco agreed a deal with Wilko administrators PwC to buy up to 71 Wilko stores last month

Britons warned where they put thermostat could mean they risk higher energy bills
Ofgem’s energy price cap has fallen this month, but millions of Britons are facing similar or worse energy bills this winter compared to last

Water companies ask for bills to rise by £156 by 2030 to fix sewage crisis
Households face even more pressure on their monthly budgets as water companies plot to hike bills

John Lewis boss to become shortest-serving chair in partnership's 100 year history
The John Lewis Partnership said Dame Sharon White has asked the partnership board to initiate the process to appoint a successor

National Living Wage will rise to at least £11 an hour, Jeremy Hunt confirms
The national living wage sets out the minimum amount workers aged 23 and over can be paid per hour

NS&I announces the two new Premium Bonds millionaires in October 2023
NS&I; improved the odds of winning in the Premium Bonds prize draw from last month

Energy prices fall but millions of households face paying more this winter than last
Ofgem’s new energy price cap for October to December has come into effect today

Coventry Building Society launches new ‘top rate’ account paying 5.2 per cent
Coventry Building Society has announced another new savings account, on top of the new product it unveiled earlier this week

Skipton Building Society launches new account offering 5.04 per cent interest rate
Skipton Building Society’s new savings product includes a 1.24 per cent uplift for the first year

Martin Lewis shares ‘surprising’ first thing to do as family struggles to pay £741 energy bill debt
Martin Lewis suggested what a man struggling to pay his energy bills should do as he answered questions from members of the public

10 former Wilko stores to reopen as Poundland on Saturday
Poundland said it would prioritise former Wilko workers for the jobs

British expats will need £100,000 for fee-free Barclays global account as bank to close UK accounts
Barclays customers who live overseas will no longer be able to hold a UK current or savings accounts with the bank

Inheritance tax can be reduced through gift allowances
Inheritance tax could be reformed, with the Prime Minister Rishi Sunak and Chancellor Jeremy Hunt reportedly considering cutting the inheritance tax rate in the next Budget

Married couples may be able to save thousands of pounds with little-known tax trick
Interest rates on savings have been rising amid Bank of England base rate hikes, meaning savers are more likely to be caught in the tax net

Coventry Building Society launches new market-leading ISA paying 4.9 per cent
Coventry Building Society savers can choose from annual or monthly interest

Santander urges Wilko closing down sale shoppers to watch out as hundreds targeted by scammers
Wilko shoppers looking to grab a bargain in the retailer’s closing down sale are being urged to be vigilant of scammers

Wealthy savers could be set to enjoy tax cuts worth tens of thousands of pounds in ISA reform
Jeremy Hunt is reportedly considering reforming the tax-free savings system

Wilko confirms when final stores will close with full list of 111 closures
Wilko employed 12,500 workers and had 400 stores when it collapsed into administration last month

Inheritance tax rate cut could mean you pay less IHT as tax branded ‘deeply unfair’
Inheritance tax is often referred to as the UK’s “most-hated tax”

NatWest confirms another bank branch closure
NatWest is among a number of banks to have closed hundreds of its bank branches over the past few years

NatWest addresses cash deposit glitch after customers complained money wasn’t in account
NatWest customers took to X, formerly known as Twitter, to seek help from the bank

Bank of England holds interest rates after 14 hikes in a row
The Bank of England Base Rate is currently at its highest level in 15 years

Lloyds Bank, Halifax and Bank of Scotland to close 35 more bank branches – full list
Lloyds Bank, Halifax and Bank of Scotland are all part of Lloyds Banking Group

Nationwide launches new savings account offering 8% interest rate: ‘Highest rate on the market’
Nationwide Building Society has launched a new £200 switching incentive as well as the account paying an eight per cent interest rate

UK inflation falls to lowest rate in 18 months piling pressure on Bank of England
The Bank of England inflation target is two per cent

Wilko announces 111 more stores will shut next week – full list of the affected stores
Wilko is set to close all of its 400 stores by early October

Bank of England urged not to hike interest rates as housing market recovery ‘very fragile’
The Bank of England’s Monetary Policy Committee is set to make a decision on any changes to the base rate this Thursday

Over 55s needing ‘short-term’ income boost urged to beware tax rule
Pension savers are being urged to watch out for the “bear trap” during Pension Awareness Week

Amazon Prime rules are changing next week with members facing new £1.99 charge
Amazon Prime members will need to pay a fee on certain orders under the new rules

Wilko brand to be saved by discount retailer The Range
Wilko administrators have announced the sale of the retailer’s brand name

Ofgem chief warns energy bills will be ‘worse than last year’ for some households
Ofgem’s chief executive said he is fully focused on protecting households this year

Half a million pensioners won’t see state pension increase at all next year
The state pension triple lock looks set to rise by at least 8.5 per cent in April 2024 – for those living in qualifying countries

State pension triple lock could be changed after ‘door left open’ to ‘tinker’ with mechanism
The state pension rises by whichever is highest out of average earnings, inflation and 2.5 per cent under the triple lock guarantee

Santander UK to withdraw 5.2% easy access savings offer
Santander UK launched the best buy easy access savings product last Monday

Barclays bank to cut over 450 staff roles
Unite union members have been warned Barclays will cut hundreds of jobs

'Stealth taxation' to drag over half a million more pensioners into income tax net
The income tax thresholds have been frozen until 2028

Wilko announces full list of 124 stores closing down next week
Administrators for Wilko have confirmed all Wilko stores will close

State pension to reach £11,501 next year - pensioners to see at least 8.5% rise under triple lock
Another bumper state pension rise is expected in April 2024 after the state pension increased by 10.1 per cent this year

Wilko name to disappear from High Street with all 400 stores 'to close by early October'
A rescue deal for around 200 Wilko stores has fallen through, it was confirmed earlier today

More Wilko job losses loom as Putman rescue deal collapses
Administrators for Wilko are expected to strike deals with The Range and Poundland’s owner after rescue talks with HMV owner Doug Putman failed, according to reports.

Savers may need to complete Self-Assessment tax return and deadline looms
Taxpayers who need to complete a Self Assessment tax return but haven’t sent one before must tell HMRC by the deadline next month, or they could be fined

Inheritance tax calculator shows how much IHT could be due
The standard inheritance tax rate is 40 per cent on any amount above the threshold

Moneybox launches market-leading 4.65% savings account
Moneybox said the account aims to encourage people to grow their savings tax-free over the medium-long term

Skipton Building Society set to pay millions in interest on 7.5% account
Skipton Building Society members can open the account, as long as they joined before June this year

B&M under fire for leaving 1,000 jobs at risk in deal to buy 51 Wilko stores
B&M; announced this week it planned to buy 51 Wilko stores in a £13million deal

Major bank launches new feature showing if you're on phone to scammer
Monzo said it is the first feature of its kind from a UK bank that lets people verify if the caller is from the bank or not

Wilko confirms full list of 52 stores closing next week
Administrators for Wilko confirmed there will be redundancies for the team members working at these stores

Coventry Building Society relaunches ‘competitive’ 4..80% savings account
Coventry Building Society said their range of limited access savings products is “really popular”

Book of first-class stamps to hit £10 for first time as Royal Mail increases prices again
Royal Mail is raising the price of a first-class stamp in October 2023

Santander UK is closing two bank branches this week
Santander UK is among a number of banks and building societies to close bank branches in recent years

'Struggling' pensioner couple awarded over £1,050 and extra support
The couple discovered they could claim Attendance Allowance as well as Carer’s Allowance and the state pension age benefit Pension Credit

Wilko to make 1,332 workers redundant and close 52 stores
The locations of the 52 Wilko stores set to close will be published tomorrow, once affected team members concerned have been informed

Universal Credit recipients may be able to save hundreds on broadband
People who get Universal Credit and other benefits may be able to apply for low-cost broadband and phone packages known as social tariffs

Wetherspoon is slashing food and drink prices to highlight tax burden
JD Wetherspoon founder and chairman Tim Martin said he wants to expose the “vast disparity” in how pubs and restaurants are taxed, compared with supermarkets

Asda is offering customers chance to get up to £100 off shopping
Asda has announced it will give away £15million to customers throughout September

Santander launches ‘top of market’ easy access savings account
Santander customers can deposit up to £250,000 for 12 months

Thousands of people could get free state pension age benefits help
The one-hour Attendance Allowance claim form session could help make the process “less daunting”

Premium Bonds’ ‘big selling point’ may seem even ‘more attractive' as interest rates rise
Premium Bonds savers are in with a chance of winning prizes in the monthly draw but there are other aspects which may make it more appealing

Pensioners can get up to £600 to help with energy bills this winter
Pensioners will get up to £300 cost of living payment within their Winter Fuel Payment this winter

Pound 'to plummet' as house prices fall
House prices have fallen at the sharpest annual rate in 14 years

Britons urged to get state pension forecast now
A state pension forecast can be accessed online or by post

Ofgem launches new rules to thwart 'excessive' electricity bill profits
Ofgem has banned a practice used by generators which see them make “excessive profits” through inflexible generation

Wilko job cuts confirmed as last-minute bid for entire business collapses
Wilko administrators have confirmed more than 270 job roles will be made redundant

Tesco Clubcard customers warned £11.5million points set to expire tonight
Tesco Clubcard points must be redeemed within two years

Skipton Building Society is offering 7.5 per cent on regular savings
Skipton Building Society members could earn more than £100 in interest via the account

New state pension age benefit will launch next year replacing Attendance Allowance for thousands of people
The Pension Age Disability Payment will not involve any face-to-face assessments

Number of property sales on track for 10-year low
Higher mortgage rates and cost of living pressures are having an impact on the housing market, but faster wage growth is improving housing affordability, analysis suggests

NS&I launches new savings option paying 6.20 per cent
NS&I; has increased interest rates again just days after releasing new Issues on Green Savings Bonds

Premium Bonds prize fund rate to hit highest level since March 1999 this week
NS&I; is improving Premium Bonds odds to the best level since the April 2008 prize draw

Wilko redundancies suspended but retailer ‘not out of woods yet’
Wilko collapsed into administration recently, putting 12,500 jobs and more than 400 stores at risk

Retirees with average pension pot have just a quarter of recommended amount
Millions of Britons do not have any pension savings at all

Pensioner fuming to find 10.1% state pension rise is wiped out by tax bill
The retiree has been hit by the six-year freeze to income tax allowances

Millions of Britons could benefit from £1,200 boost
Hundreds of thousands of people have already opened the savings account offering the cash boost

Ofgem price cap falls to lowest level since March 2022
The Ofgem energy price cap headline rate has fallen but millions of people will still pay more this winter than last

NatWest increases interest rates on ten savings accounts
NatWest has emailed customers to let them know about the changes

Thousands of customers could save money on energy bills by changing when they use electricity
Eligible households could use the oven or run the dishwasher or washing machine with free electricity via the scheme

Homes ‘more affordable but borrowers stretched’ as mortgage costs soar
Inverclyde in Scotland has been named the most affordable place to buy a property in the UK

Vinted seller shares how she made over £300 in her first month
The Vinted seller says researching trending items and being descriptive about products can pay off

Inheritance tax bill continues to surge as HMRC takes £2.6bn in 3 months
HMRC is set for a record-breaking year for inheritance tax receipts, an expert said today

Building society launches new savings account with ‘extremely competitive’ interest rate
The new triple-access savings account has been rated “excellent” by money comparison website Moneyfacts

Basic rate taxpayers could be hit with ‘high income’ tax charge
Parents may want to check whether they will be affected by the “high income” tax charge

Millions of pensioners could get council tax discount worth thousands of pounds
Hundreds of thousands of people are entitled to claim a gateway benefit, which could unlock the council tax discount

NatWest is offering £200 in free cash if you switch bank account
NatWest customers who meet all the criteria could get the cash within a week

Lloyds Bank is closing more branches - full list of closures this year
Lloyds Banking Group, which owns Bank of Scotland, Halifax and Lloyds, is closing a total of 155 sites in 2023 and 40 in 2024

State pension under pressure as birth rates hit 20-year low
The state pension is paid via National Insurance contributions, meaning the working generation funds the generation older than them

Mortgage borrowers may be able to save thousands of pounds with overpayments
Mortgage overpayments could shorten a mortgage term and mean a borrower is able to save a substantial sum - but it's not right for everyone

State pension can be increased by deferring payment
State pension age is currently rising, meaning a person may have to wait longer than they previously would have to claim or defer the payment

Council tax costs more than 10 per cent of average pay in parts of UK
The national council tax burden in relation to median average earnings has soared by 108 per cent from its introduction in 1993 to 2022

Average house price rises by £5,000 in 12 months but remains below peak
The fall in house price inflation was “gentler” than seen in previous months, the ONS said today

UK rate of inflation falls again to 6.8 per cent
Rishi Sunak and Jeremy Hunt have set a target of bringing inflation down to under five per cent by the end of the year

Britons urged to check state pension forecast as 1.75 million get less than £100 a week
12.6 million people got the state pension as of February 2023, of which 3.2 million get the new state pension, new Department for Work and Pensions (DWP) figures show

HSBC is closing 114 bank branches this year
HSBC said it will provide free tablet devices and one-to-one coaching for selected customers as part of its post-closure strategy.

‘Forgotten’ pensioners devastated to find state pension frozen
Half a million pensioners are estimated to miss out on an uprated UK state pension due to where they live.

You might get your state pension payment early this month
The date some state pension payments will be made is temporarily changing in August 2023.

Wilko collapses into administration with 12,000 jobs and 400 stores at risk
Wilko's CEO said they had "no choice but to take the difficult decision" to appoint administrators.

HSBC UK increases interest rates on five savings accounts
HSBC UK said it’s important customers “regularly review their accounts” to see if they can get better savings accounts or interest rates.

'Little-known tax trap' to hit one million more taxpayers this year
The Chancellor is being urged to take action to protect people with up to £20,000 savings.

State pension triple lock explained as annual review nears
The state pension increased by 10.1 per cent this year via the triple lock mechanism.

Side hustlers could boost income by 'game-changing' £24,000 a year
Side hustles are “no longer just an option” in today’s economy, a retirement expert has warned.

Boots is closing 300 stores and 8 have been named
Boots announced plans to close 300 stores over the next year in a recent update.

UK house prices fall again but market ‘shows resilience’
The housing market is displaying some resilience with industry data showing increased activity, according to experts.

‘Glimmer of hope’ for thousands of women who missed out on higher state pension
A woman in her 80s missing out on a higher state pension rate can now expect the uplift to be backdated to 2008, plus interest and compensation.

Coventry Building Society increases interest rates
Coventry Building Society has today announced various changes in response to yesterday’s Bank of England base rate rise.

Hundreds of thousands of pensioners could get up to £3,500 boost
Nearly 1.4 million pensioners across Britain claim Pension Credit but many are still missing out.

Caring for your grandchildren this summer? You may be able to boost state pension
The amount of state pension someone gets is determined by a person’s National Insurance record and grandparents could boost payments by filling gaps for free.

What happened to Wilko? Shoppers share shock at ‘empty’ stores
A Wilko employee told GB News they were absolutely devastated by the news the retailer is on the brink of administration.

Nationwide Building Society increases interest rates on 10 savings accounts
Nationwide’s interest rate rises come shortly after the Bank of England increased the base rate for the 14th consecutive time.

Yorkshire Building Society to boost savings interest rates
Yorkshire Building Society's interest rate boost marks the eleventh time it has passed rises on to savers since February last year.

Bank of England increases interest rates to 5.25 per cent - highest since 2008
The Bank of England base rate rise marks the 14th consecutive increase in interest rates.

Giving your loved ones a gift could slash inheritance tax bill to zero
There are several ways people can legally reduce their inheritance tax liabilities before they die, including following the rules on gifts.

Iceland shoppers can get grocery items for just 1p - how to get the discount
Iceland shoppers will need to act fast to get today's deal, as the discount is only available for 24 hours.

State pension age is rising and the way it increases has changed
State pension age changes mean Britons are having to wait longer before they can claim the payment from the Department for Work and Pensions (DWP).

Bank branch closures sweep the UK - full list of branches closing this year
Bank and building society branch closures are widespread with thousands of branches having closed over recent years.

State pension could rise by £742 but 500,000 pensioners will miss out
The state pension increased by 10.1 percent in April via the triple lock, and pensioners could be set for another bumper increase.

UK house prices fall at fastest rate in 14 years
House prices have come under more and more pressure as mortgage costs have increased following the Bank of England base rate rises.