Wednesday 12 August 2026
TL
Author

Temie Laleye

990 articles on New Dispatch

Money

Workers with anxiety and depression more likely to claim benefits after seeing Government job coaches

Workers were more likely to claim benefits three years after receiving employment support

Money

British Gas, Octopus and EDF customers could get £750 off energy bills - check if you're eligible

Roughly six million households across Britain now qualify for the annual discount

Money

Major pub chain puts 65 sites up for sale across Britain

The sale forms part of a broader strategic overhaul unveiled by Greene King in March this year

Money

Councils consider 'dynamic pricing' for public toilets as fees could rise at busy times

Two councils are currently considering the controversial approach

Money

Skipton Building Society launches new savings accounts offering 'the most competitive returns available'

By locking in for the full term, customers can enjoy the reassurance of a guaranteed return

Money

Andy Burnham plots £25billion tax raid on pensioners and entrepreneurs in first Budget, economists warn

Capital Economics says the new Prime Minister could shift the tax burden away from businesses and towards wealth, capital, and income

Money

Six million households urged to act or risk missing out on £150 energy bill discount this winter

Households have until August 23 to make sure their name is registered or risk missing out on the payment

Money

Wetherspoon to open 11 new pubs in the UK before Christmas - full list of locations

The expansion marks one of the most concentrated periods of growth for the pub operator

Money

Mortgage alert: 750,000 families to pay £2,040 more a year as sub-three per cent deals disappear

Mortgage rates have climbed again after lenders reversed a run of recent cuts

Money

HMRC plots 'two-tier' inheritance tax system for pensions as families face 64 per cent tax hit

HMRC's proposed approach risks "making a bad policy even worse"

Money

Octopus Energy offers FREE electricity to customers who cut usage during this week's solar eclipse

Wednesday's eclipse will temporarily wipe out a significant portion of the nation's solar output

Money

Skipton Building Society issues urgent warning as millions miss out on £800 savings boost

The lost return could be enough to pay for a seven-night package holiday abroad in 2027

Money

Entrepreneurs turn £10 social media posts into six-figure business without investors

The founders went years without paying themselves before discovering their platform was generating up to £10,000 a month

Money

Cash ISA warning as Labour shake-up 'will backfire'

Savers scramble to lock in allowance before limit cut

Money

Building Society launches 'excellent' regular savings account offering six per cent interest

Interest is paid when the account reaches the end of its 12-month term

Money

Two major supermarket chains could be banned from blocking rival stores opening nearby

New supermarket rules could give shoppers more choice and lower prices

Money

Inheritance tax: Bereaved families to pay levy on pension losses under Labour's 'two-tier' system

Labour has come under fire over inheritance tax proposals that would treat some inherited assets more favourably than others

Money

DWP mental health conditions that qualify for up to £748 a month

The DWP's official list includes more than 500 conditions

Money

HMRC warns 700,000 Britons are yet to claim £473 refunds as letter sent out

The tax authority has reminded taxpayers to check their P800 letters

Money

Major British firm cuts 1,267 roles in six months as jobs crisis deepens

The firm wants to save £500million annually by 2028, raising fears that more roles could be affected

Money

Over-55s turn to property wealth to fund retirement as average withdrawals hit £113,000

The Financial Conduct Authority has described later life lending as a "fourth pillar" of retirement income

Money

Thousands to get 50 per cent off train fares as Labour changes railcard rules

Under the previous rules, more than 70,000 people missed out on the full value of the railcard each year

Money

HMRC rule change leaves thousands of business owners at risk of new penalties - are you affected?

The deadline to submit the new information is January, 31 2027

Money

Santander launches new ISA range offering 'competitive' rates in boost for savers

Customers who switch can also get up to £400 in hotel vouchers

Money

Inheritance tax shake-up forces families to rethink where they hold wealth

Families risk leaving loved ones less as tax rules change

Money

Britain's biggest bakery chain to open 110 new stores this year as revenue hits £1.1billion

The company is also testing a new format called Greggs Express

Money

Savings alert as Britons offered market-leading five per cent return for first time since 2024

Some savers could get roughly £3,000 in interest over the full term

Money

British households could pay an extra £1,400 A YEAR under net zero plans, report warns

Net zero costs could reach £40billion by the end of the decade

Money

Bank of England issues major update for millions of mortgage holders ahead of base rate decision

Homeowners approaching the end of a fixed deal are also being encouraged to compare their options early

Money

Beloved UK coffee shop chain confirms sudden closure of ALL locations after 60 years

Staff across the chain's outlets were told of the decision on Monday evening

Money

Millions face £1,700 energy bills as gas stockpiles plunge to historic lows ahead of winter

Households have already begun rushing to secure cheaper fixed-rate deals before costs climb further

Money

Major restaurant chain announces final closing dates as 200 locations shut

The company is withdrawing from its standalone restaurant chains as it moves towards becoming a hotel-focused business

Money

Andy Burnham considers 10 per cent 'death tax' on all estates to pay for social care

Downing Street refused to rule out the policy on Monday

Money

Barclays and Lloyds customers report payment problems as money fails to appear in accounts

Lloyds and Barclays customers have reported being hit by payment delays

Money

Aldi reveals 160 'priority locations' for new UK stores - full list

Earlier this year, shoppers voted on where the supermarket should open its next stores

Money

John Healy issued urgent pension warning ahead of first Budget as savers risk losing £63,000

AJ Bell writes to the new chancellor calling for commitment to pension tax stability ahead of the Budget

Money

Benefit claimant legally getting paid equivalent of a £93,000 salary

The claimant brings in around £5,400 a month through part-time work, Universal Credit and help with rent and childcare

Money

Andy Burnham backs new pension fund investing £1billion of savers' money in British start-ups

It has been described as the first fund of its kind in the UK

Money

Teenagers on PIP get £100 a week more than part-time workers

Prime Minister Andy Burnham has pledged he will not be "squeamish" about bringing down the welfare bill

Money

Teenagers on PIP get £100 a week more than part-time workers

Prime Minister Andy Burnham has pledged he will not be "squeamish" about bringing down the welfare bill

Money

One million more Britons face income tax as average bill rises £640

The typical taxpayer is now paying £1,040 more in income tax than they were in 2023-24

Money

Pensioner reveals reality of renting in retirement after selling home to help son with house deposit

Rising living costs and longer retirements are forcing older households to rethink their housing plans

Money

Major UK restaurant chain confirms date ALL 106 sites will close for good - full list

Around 3,800 jobs are expected to be cut as Whitbread dismantles its branded restaurant business

Money

Dragons' Den star sells iconic British vitamins company to US giant in £1billion deal

US private equity giant Bain Capital is taking control of the company behind Pregnacare, Wellman and Wellwoman

Money

Five million homeowners face £1,300 mortgage bill rise as major lenders hike interest rates

Britain's biggest lenders are raising borrowing costs as hopes of an interest rate cut fade

Money

Treasury breaks silence on whether state pensioners will pay tax under Andy Burnham

Ministers have addressed concerns that rising state pension payments could leave millions facing HMRC bills

Money

Energy supplier with 300,000 customers put up for sale as owners pull plug

The future of So Energy is uncertain after its parent company launched a search for a buyer

Money

Retirement warning: Millions forced to work longer as state pension age to rise SEVEN years earlier

As many as five million people could lose around £12,500 due to the change

Money

UK economy at risk as bond yields send 'clear warning' to Andy Burnham that he 'cannot afford to ignore'

Higher borrowing costs could squeeze public spending, delay business investment and keep mortgage rates elevated

Money

Octopus and Santander launch mortgage deal offering up to 10 years with no energy bills

Eligible buyers could borrow up to £30,000 more under the new deal

Money

HMRC issues two-week warning to 864,000 Britons after income tax rule change

HMRC is stressing that registration remains open for anyone who has not yet enrolled

Money

Britain's biggest sugar supplier to close 114-year-old factory putting over 100 jobs at risk

The closure could leave Britain needing to import more sugar from places such as Brazil

Money

Andy Burnham housing shake-up: What his plans could mean for homebuyers and renters

A property expert has identified three areas that could shape the Government's approach to housing

Money

Major supermarket confirms FREE fruit offer at more than 800 stores - all you need to know

The scheme will run until August 30

Money

BBC considers blocking iPlayer access for households that dodge £180 licence fee

The BBC remains open to the idea as more households stop paying the licence fee

Money

Inheritance tax: Seven-year gifting rule explained as common mistake could cost you thousands

Gifts can include cash, investments, artwork, and property

Money

Major high street charity chain to close 87 stores across the UK - full list of locations

The closures affect high street shops and larger Home Stores across England, Scotland and Wales

Money

PhD researchers turn Instagram baking project into a 900-store brand tackling poverty and homelessness

The founders use company profits to support people facing homelessness, domestic abuse, and social isolation

Money

HMRC warning as pensioners face £17 monthly tax hit after Labour rule change

HMRC began recovering the money in April 2026 by changing tax codes

Money

Andy Burnham's strategist backed £24billion tax raid on personal wealth

The proposed two per cent annual levy would target people with assets worth more than £10million

Money

Thames Water investors prepare legal battle with Andy Burnham over nationalisation fears

The consortium is pursuing a £10billion rescue deal to avert temporary state control

Money

Energy bills could soar for decades as costs of Labour's net zero grid jump 467 per cent

Network charges are forecast to rise from £207 to £342 a year by 2030

Money

Free bus pass change to benefit more than 14 million people from August

The scheme will run until August 31 as the government aims to make all public transport more accessible

Money

Andy Burnham's multibillion-pound income tax sharing plan sparks warning over 'two-tier England'

Andy Burnham plans to hand income tax powers to Labour mayors, new reports show

Money

Betting giant cuts 500 jobs as Labour tax hike delivers £200million bill

The Ladbrokes owner is cutting two per cent of its workforce as higher taxes

Money

Southern Water hit with over £7million fine for illegally dumping sewage

The company is said to have caused harm from "a pattern of repeated incidents over several years"

Money

How Andy Burnham could change your pension, taxes and mortgage

The soon-to-be Prime Minister faces pressure to reassure financial markets as borrowing costs remain elevated

Money

ISA warning as savers hit with £9,000 bill for breaking tax rules

One of the most common mistakes involves moving money between providers without using HMRC's official ISA transfer process

Money

Landlords forced to forgo rent as eviction cases take up to 12 months

Tenants facing eviction for arrears now owe an average of 14.7 months’ rent by the time a tribunal reaches a decision

Money

Record 10 million pensioners to be caught in state pension tax trap this year

Seven out of ten who get the state pension now pay income tax

Money

Beloved British gin distillery collapses into liquidation after nearly 10 years

The company grew from a herb garden founded in 2012 before becoming a popular destination for gin tours and tastings

Money

Young people on benefits now less likely to find work than over-55s as jobs crisis deepens

Around one in eight people under the age of 24 are economically inactive in the UK

Money

Major British engineering company sold to overseas rival in £4.1billion deal

It marks the latest foreign swoop on a UK-listed company and deals another blow to the London market

Money

Nationwide hints at opening new branches as rivals continue to shut high street locations

Any new branch would need to be supported by sustainable, long-term demand, the building society said

Money

UK economy grows just 0.1 per cent as Rachel Reeves faces Number 11 exit

Experts believe the economy remains on course to deliver 0.2 per cent growth across the second quarter overall

Money

State pension age rise: Over-50s could offset one year's income for just £75 a month

The analysis comes after reports the state pension age could rise to 68 sooner than currently planned

Money

Scrapping state pension triple lock could save £60billion, OECD tells Andy Burnham

The OECD warned Britain has little room for further tax rises and urged ministers to focus on controlling public spending instead

Money

Martin Lewis issues state pension warning as HMRC error could leave 800,000 Britons underpaid

Those affected could lose out on thousands of pounds over the course of their retirement

Money

Andy Burnham warned to ditch 'sin tax' or risk breaking Labour manifesto

Mr Burnham has already announced plans to expand business rates relief for smaller firms

Money

BBC dealt fresh blow as 500,000 more Britons stop paying TV licence fee

The BBC's latest annual report shows TV licence holders have fallen to their lowest level since 1999

Money

Tesco to close stores early across England this weekend under special plans

The changes would apply only to Tesco Express stores in England

Money

Mike Ashley joins bidding to take over iconic British retailer

The Sports Direct owner has entered the race to buy Harvey Nichols, joining other interested bidders including Next

Money

Bank of England boss issues stark warning to Andy Burnham ahead of Number 10

The Bank of England Governor has urged the incoming Prime Minister to focus on one issue above all others

Money

Major bank launches market-leading savings account with eight per cent interest

Customers can save between £25 and £250 a month

Money

TV licence update as Netflix and Disney+ subscribers could be forced to pay BBC fee

Culture Secretary Lisa Nandy has backed plans to extend the TV licence fee to some streaming subscribers

Money

MPs urge Andy Burnham to let councils raise council tax by as much as they want

The proposal forms part of a wider report calling for greater fiscal powers for local authorities

Money

HMRC alert: Self-employed and landlords set to face new Labour monthly payment tax system

Self-employed workers and landlords could be required to pay tax every month under Government proposals

Money

DWP confirms 'biggest pension reforms for a generation' as millions could get £29,000 retirement boost

New rules will require pension providers to publish performance ratings, making it easier for savers to compare their scheme

Money

State pensioners issued 'wake-up call' as fears grow Andy Burnham could scrap triple lock

The Office for Budget Responsibility estimates the triple lock will cost £15.5billion a year by 2029-30

Money

Thousands could face HMRC investigations as tax crackdown ramps up after securing £10billion

The tougher approach is being driven by HMRC's expanding use of artificial intelligence and advanced data analytics

Money

Andy Burnham 'eyes £38billion tax raid'

Homeowners, savers and landlords are in the firing line under new plans

Money

Retirement warning as millions of pensioners face £400,000 housing bill

Nearly two million more pensioner households are expected to be renting by 2044

Money

Major energy provider to give away five years of free electricity every time England score this weekend

One pensioner said: "This will make a huge difference and help me enormously"

Money

Yorkshire Building Society launches new savings account paying monthly income

The product is designed to meet the needs of customers looking for both flexibility and consistency

Money

Households could get FREE air conditioning worth up to £2,500 for their home – how to apply

Applications for the grants are currently open to all homeowners in England and Wales

Money

Post Office closures: Full list of 52 branches shutting down this summer

The closures form part of Morrisons plans to shutter around 100 convenience locations

Money

DWP confirms pension system shake-up as Britons could secure £9,500 retirement savings boost

All pension schemes must connect to the dashboard by October 31, 2026

Money

UK staycation warning as Britons find phones connect to French networks and trigger extra charges

More than five million Britons have received a roaming alert or been charged despite never leaving the UK, research suggests

Money

Thousands of households can get free fans and blackout curtains under new £1million scheme

The programme will provide support worth up to £100 to as many as 10,000 eligible customers

Money

Thousands of families handed £1,000 boost as Labour confirms law change from September

The package includes free breakfast clubs, cheaper school uniforms and wider access to free school meal

Money

Ed Miliband's heat pump push could leave households paying £95 more a year, Labour report warns

The Government is rolling out heat pumps through its £15billion Warm Homes Plan

Money

Major UK department store to axe key service in 30 stores putting 200 jobs at risk

The announcement comes just three weeks after John Lewis unveiled plans to invest £50million across five stores

Money

UK travel company closes down for good as all trips cancelled

The company has shut down after 28 years in business

Money

Rachel Reeves's ISA shake-up fails to win support as just seven per cent back plans

Around 28 per cent said they were concerned about all of the proposed tax changes

Money

Best places to retire revealed as one country beats Spain and New Zealand

The study ranked more than 40 retirement destinations based on affordability, healthcare, safety, life expectancy and quality of life

Money

Labour accused of creating 'loophole' in £250 ground rent cap as some leaseholders could pay more

The consultation indicates that so-called "quid pro quo" leases could be excluded from the cap

Money

Nationwide slashes interest rates for the third time this month - full list of changes

Markets anticipate the base rate will remain unchanged for the rest of 2026, with the next decision due on July 30

Money

'You never quite feel settled': Pensioner, 85, opens up about renting in retirement

Many older people are now actively choosing to rent in later life

Money

Andy Burnham ally's 'double death tax' proposal could leave middle class families with £96,000 bill

Families inheriting property could face higher tax bills if ministers press ahead with changes

Money

Andy Burnham could raise more than £1billion by 'blocking wealthy retirees from the state pension'

Andy Burnham has already suggested there is "some room" for tax changes

Money

Major high street bank launches market-leading savings account offering eight per cent interest

Santander has shot to the top of the market with its new Regular Saver

Money

State pension warning as HMRC writes to over 370,000 Britons over missing payments

The DWP and HM Revenue and Customs are continuing a correction exercise to identify those affected

Money

Britons could use HALF their pension to buy first home under major shake-up

The radical proposals come as experts warn more Britons face retiring as renters with much lower incomes

Money

Free bus pass age rises in blow for millions of pensioners across England

The free bus pass age is officially changing for people who are in their mid-sixties

Money

State pensioners could get nine freebies and discounts worth £14,289 in July - full list of support

Pension Credit serves as the cornerstone benefit, now valued at an average of £4,300 yearly

Money

Inheritance tax explained as HMRC allows unlimited tax-free gifts under little-known rule

Gifting is one of the most effective ways to reduce a potential inheritance tax (IHT) liability

Money

Andy Burnham tipped to boost northern house prices in 'Burnham bounce'

Northern Ireland remained best performing region, with prices up 8.6 per cent year on year in Q2 2026

Money

HMRC confirms £200 clawback for state pensioners earning more than £22,453

The state pension now counts towards the £35,000 threshold

Money

Britons handed 'wake-up call' as Andy Burnham tax plans could force families to sell inherited homes

The changes could leave some people facing much bigger bills when inheriting property

Money

Halifax to disappear from UK high streets after 173 years as Lloyds confirms major change

The move follows years of branch closures and comes as more customers choose to bank online

Money

Major UK supermarket cuts prices on 160 grocery essentials in boost for shoppers

Britons could get spinach, chicken thighs, apples, and onions for cheaper

Money

NS&I announces two new £1million Premium Bonds winners for July 2026

NS&I; customers can check if they have won a prize on the NS&I; app or website from Thursday, July 2

Money

Energy bills to jump by £221 from Wednesday – but millions handed glimmer of hope

Despite the increase, analysts expect the price cap to remain broadly stable in October

Money

TV licence warning as £180 fee could hit £245 a year within a decade

The TV licence fee could climb to almost £245 a year by 2036

Money

DWP confirms full list of 46 mental health conditions that qualify for up to £114 a week

The DWP has confirmed the full list of qualifying mental health conditions for PIP

Money

UK fashion brand to close final stores this week as it quits the high street

JD Sports-owned Hip is closing two of its high street locations this week

Money

Capital gains tax could be 'brought closer to income tax rates' in blow for investors under new proposals

The proposals also include a new capital gains tax charge on inherited estate

Money

Payment warning as holidaymakers could find their card is not accepted - five mistakes to avoid

An expert has shared the five most common money travel mistakes and how to avoid them

Money

DWP breaks silence over plan to automatically deduct tax from state pension before it's paid out

Some changes to how the state pension is taxed are on the way, while others remain under consideration

Money

HMRC issues urgent warning as ONE MILLION Britons miss out on tax refund - act 'today'

Taxpayers may find themselves owed money for several reasons

Money

Wetherspoon cuts prices at ALL 800 pubs as summer tax break begins

Families can enjoy these discounts up until September 1

Money

Millions issued bank card warning as fraudsters could keep spending after card is cancelled

Some Britons have warned that fraudsters kept spending even after they got a new card

Money

DWP slammed over 'cost-cutting agenda' as nine offices face closure - 5,400 jobs at risk

The union said the plans are being driven by cost-cutting rather than improving working conditions or public services

Money

Poland tells citizens to claim British benefits before leaving the UK

The website points out that UK unemployment benefits are higher than those available in Poland

Money

Britain paying Europe 15 times the normal price for emergency electricity during heatwave

Emergency imports added an estimated £11million to electricity bills after Britain turned to Europe for extra power

Money

Jobs crisis deepens as firms rush to sack workers before Labour's new laws take effect

The number of UK job vacancies fell to its lowest level for five years as businesses cut back on recruitment

Money

Pension tax relief should only reward savers who invest in Britain, Andy Burnham ally says

The UK spends more than £50billion a year on pension tax relief, prompting calls for reform

Money

Major UK airline under fire over 'questionable' policy that could leave customers paying more

BA has defended the choice as optional

Money

HMRC plans automatic bank account deductions under new powers

HMRC can already take money directly from the accounts of debtors who owe more than £1,000

Money

HMRC plans automatic bank account deductions under new powers

HMRC can already take money directly from the accounts of debtors who owe more than £1,000

Money

Major UK restaurant chain with 50 branches unveils survival plan with multiple closures - full list

The company said it continues to face significant economic pressures affecting the wider hospitality sector

Money

DWP admits state pension failings as major overhaul announced - everything you need to know

The changes follow the Government's response to the WASPI Ombudsman investigation

Money

Major brewery to give away £1MILLION in free beer if England, Scotland or USA reach World Cup final

The promotion will run on a first-come, first-served basis

Money

Andy Burnham eyes plan to let regions control your income tax

A senior advisor has said constitutional devolution was a key theme for Mr Burnham

Money

Greggs closes 11 stores including flagship branch amid heatwave - full list of locations

Temperatures across the country are expected to climb as high as 40C

Money

Lifetime ISA holders hit with £10,600 penalties as more savers face charges than buy homes

The Lifetime ISA withdrawal penalty is 25 per cent of the total amount one withdraws

Money

Major British retailer 'owes millions' after collapse as 21 stores face closure

Radley operates across the UK, Europe and the United States, selling handbags, accessories and luggage

Money

State pension triple lock under threat as Andy Burnham advisers push for overhaul

A group of leading economists believes it's a 'no-brainer' to abandon the pledge

Money

Grieving families face 75 per cent rise in charges in 'already-failing' system

The costs of applications are set to soar from £300 to £526

Money

Treasury confirms 22% tax on cash interest in stocks and shares ISAs in major savings shake-up

The Government is committed to ensuring more of savers' money is invested in the UK stock market

Money

Treasury confirms 22% tax on cash interest in stocks and shares ISAs in major savings shake-up

The Government is committed to ensuring more of savers' money is invested in the UK stock market

Money

State pension warning as 35 years of National Insurance contributions may not secure full payment

Thousands of retirees could miss out on a full year of contributions

Money

NS&I increases interest rates across range of accounts in boost for savers - full list

New Issues of 1, 2, 3, and 5-year fixed-term British Savings Bonds on sale today

Money

EasyJet rejects £4.7billion takeover bid as airline says US investor is trying to buy it 'on the cheap'

Under rules covering takeovers, Castlelake has until Friday to make a firm offer or walk away

Money

North Sea energy transition to put 18,000 offshore jobs at risk, damning report finds

The offshore energy sector has entered a "make-or-break" period as it shifts from oil and gas towards renewable energy

Money

StubHub ordered to refund 50,000 customers over hidden charges

The watchdog found that StubHub failed to display mandatory fees in the headline price shown to customers

Money

Landlords issued warning as they face £7,000 fines from today under Labour housing crackdown

Councils across England will gain a new power to issue landlords fines of up to £7,000

Money

Grandparents can boost state pension by £7,000 with little-known HMRC credit

The success rate is 79 per cent

Money

Ftse 100 slips as markets react to Labour leadership turmoil

The Prime Minister announced his resignation just two years after securing a landslide election victory

Money

Santander UK issues staff update as lender announces £433million cost-cutting drive

The move follows concerns over technology's impact on jobs after Standard Chartered announced 7,800 job cuts

Money

Pound hits two-month low as Labour leadership fears rattle markets

The pound dropped by 0.1 per cent versus the euro as the country faces the prospect of a seventh prime minister in a decade

Money

Retiree now rents and lives off his pension after selling home and giving money away to his children

A former homeowner revealed why he gave away most of his housing wealth and chose to rent in retirement

Money

TV licence eligibility update as Netflix and Amazon Prime users receive BBC funding verdict

The decision provides clarity for millions as questions remain over the future of BBC funding

Money

The growing dilemma facing British savers: Owning a home or funding a comfortable retirement?

The number of retired households renting privately is expected to almost triple, raising concerns about retirement affordability

Money

Thousands of pensioners hit with surprise tax bills after popular retirement move

Thousands of pensioners face unexpected HMRC bills in retirement

Money

Major UK supermarket reveals near £1BILLION loss after slashing prices to win back shoppers

The company came under pressure from a botched IT upgrade last year

Money

HMRC rakes in £730m as major inheritance tax change to hit 10,500 more estates - how to cut bill

HMRC estimates around 42,000 estates could face inheritance tax by 2027/28

Money

Cash ISA alert as provider tops savings table with 'attractive' market-leading rate

The increase comes as the Bank of England held the base rate on Thursday

Money

Tesco boss issues warning to Rachel Reeves over 'unnecessary' supermarket price caps

The warning comes after Rachel Reeves floated plans to cap the price of everyday essentials

Money

HMRC alert as 30,000 graduates to see student loan balances reduced after data error

Plan 2 loans apply to students who started university between 2012 and 2023

Money

Pension savers urged to act as millions make five mistakes costing them thousands

Experts explain that regularly checking in on one's retirement savings can prevent years of costly mistakes

Money

'End of an era' as iconic UK shopping centre to close its doors for good today after 50 years

Multiple retailers inside have already closed down after being on the decline for years

Money

Rachel Reeves warned she cannot 'act surprised' as one million pensioners face tax bills for the first time

The Government has pledged to make the tax system simpler for pensioners whose only income comes from the state pension

Money

Winter Fuel Payment warning as pensioners risk losing up to £300 under key rule

To qualify, people generally need to have been born on or before June 27, 1960

Money

Retirement crisis looms as millions of over-55s face poverty despite owning homes worth £400,000

Millions are choosing lower living standards in retirement rather than selling their homes, new research shows

Money

Nationwide expands branch offering across UK high street - full list of new locations

The move will take the total number of locations across Nationwide's UK-wide branch network to 475

Money

NS&I saver with just £270 in Premium Bonds wins £100,000 from Bond bought in 2000

Several bondholders who purchased their investments just months ago have also landed six-figure sums this June

Money

Major energy provider giving away free electricity during England and Scotland World Cup matches

The offer means supporters could charge devices, operate appliances and cook dinner without paying a penny for their electricity usage

Money

PIP claimants hit four million for first time as benefit paid out for bedwetting, acne and anxiety

There are now 504,784 people receiving PIP primarily for anxiety disorders

Money

Major restaurant chain sold in £2billion deal after UK store closures put 1,200 jobs at risk

The deal means Pizza Hut will have separate owners in China and the rest of the world

Money

Benefit claimants can rent seven-bedroom London homes for less than £750 a month

London renters face £1,100 bills for a room while social tenants pay £744 for seven bedrooms

Money

Major bank closing branches for good this week - full list

The banking group has pledged to invest £50million to upgrade its remaining branch network

Money

HMRC warning as taxpayer complaint delays hit five-year high despite hiring 3,000 extra staff

The decline in performance comes despite HMRC increasing its workforce

Money

Pension warning as millions face 'double tax hit' under major rule change - everything you need to know

Pension savers face 'double tax' hit as inheritance rules change from April 2027

Money

Young workers could get early access to £12,548 state pension lump sum under new plan

According to the think tank, the scheme could cost the Treasury up to £7billion in its first year

Money

Millions of Nationwide customers to get £100 bonus from tomorrow - are you eligible?

Nationwide has paid out over £1.5billion in total to eligible members since 2023

Money

Final Denby piece signed off as historic pottery firm closes its doors after 217 years

The final piece has left Denby's kilns, bringing 217 years of pottery making to an end

Money

Older homeowners could unlock more cash under mortgage shake-up

Interest-only mortgages would become more accessible under the proposals

Money

Rachel Reeves urged to scrap stamp duty as MPs warn it's 'damaging the economy'

The Housing Committee has called for a consultation on alternatives to stamp duty

Money

Major British pharma firm agrees £8billion takeover deal for US cancer drug company

The deal is expected to boost GSK's cancer treatment offering and create new sales growth opportunities from 2027

Money

UK economy under pressure as growth forecast SLASHED and 200,000 jobs set to disappear

Unemployment is forecast to climb to 5.5 per cent, representing roughly two million people out of work

Money

DWP alert: PIP bill for under-25s set to cost £9.2billion a year as nearly 900,000 to claim by 2040

The amount of young people claiming PIP is set to hit 511,000 this year

Money

State pension warning as retirees left with just £22 tax-free under latest HMRC update

The standard UK Personal Allowance is £12,570 per tax year

Money

M&S launches traineeship for 1,000 young people without degrees amid youth unemployment crisis

Both existing M&S; staff and external applicants, including school leavers, are eligible to apply for the scheme

Money

UK debt has grown faster than every nation apart from Botswana

Britain's debt-to-GDP ratio has climbed from 30.4 per cent to 95.5 per cent today

Money

Historic British food company sold to US rival in major £2.7billion takeover deal

The acquisition brings together two major players in the food and beverage ingredients sector

Money

Award-winning UK furniture brand collapses owing £1.4million

The company has come under significant financial pressure, leaving its future uncertain

Money

ISA alert: Savers scramble to make key tax move before Rachel Reeves's tax raid bites

With changes to ISAs looming, many Britons may be wondering how to make the most of it before the tax year ends

Money

Amazon takes on Tesco and Sainsbury's with fresh food now available for same-day delivery

Vegetables, meat, poultry, seafood, dairy, bread, eggs and frozen foods will be available for rapid delivery

Money

Third of employers ‘likely to make staff redundancies by start of 2027’

Last year's redundancy payouts totalled £478million

Money

Major UK supermarket chain to cut up to 1,000 jobs and replace workers with robots

The changes are linked to plans to move its George online clothing business into a single facility

Money

Bank of England issues update for anyone with a mortgage ahead of interest rate decision

Buyer demand remains resilient, but borrowers are still facing mortgage costs around £1,000 a year higher than last summer

Money

Lloyds, Halifax & Bank of Scotland app DOWN as thousands of customers unable to make payments

Customers have been left unable to make payments

Money

Donald Trump threatens UK with fresh tariffs in trade crackdown over 'forced labour'

The US is now consulting on the proposed tariffs, with hearings due on July 7

Money

Thousands of Universal Credit claimants to receive £2,580 less a year under new rules

The changes affect new Universal Credit health claimants, who now receive around half the support available before April 2026

Money

Britons can gift unlimited amounts inheritance tax-free using little-known relief ahead of pensions tax raid

Nearly three-quarters of UK adults are unaware they may be able to gift money immediately free of inheritance tax

Money

Why retirees are in the firing line under Rachel Reeves's 22 per cent tax on ISA cash interest

The reforms are set to come in April 2027

Money

Thousands of married pensioner couples entitled to DWP payments worth £4,300 a year - can you claim?

The means-tested benefit can deliver an average of £4,300 in additional assistance over the next year

Money

PIP paid to 11 people with condition linked to 'pretending' to be ill

The figures come as forecasts show the total benefits bill will reach £407billion by 2030-31

Money

Beloved British kitchenware brand closes down for good today after nearly four decades

A well-known glassware company is set to close due to rising costs as bosses have said they are "heartbroken"

Money

Ed Miliband branded a 'nimby' as Net Zero policies 'wreck' British industry

The trade body is pushing for a new scheme, which will reduce bills by up to 25 per cent from April 2027

Money

Barclays issues update as customers get free £200 payments in their accounts

Barclays has issued a statement about future bonus payments for customers

Money

Bank of England prepares biggest banking rule shake-up since financial crisis

The Bank of England is preparing to relax lending regulations as part of the Chancellor's growth strategy

Money

Royal Mail handed boost as Labour welcomes pay rise despite another year of missed delivery targets

The postal company attributed its poor results to challenging winter conditions,

Money

British Gas, OVO, and Octopus energy customers could be sitting on £212 cash - how to check

Credit steadily builds up in accounts throughout spring and the warmer months

Money

EasyJet targeted for cut-price takeover after £25million fuel cost blow

US private equity interest follows a near 23 per cent fall in the airline's shares this year

Money

Retirees forced to pay tax on 'modest' pension incomes as seven million 'dragged' into HMRC net

The number of pensioners paying income tax has shot up by more than one million

Money

Bank unveils range of market-leading savings accounts with 'competitive' rates

Recognise Bank launches market-leading one year and two year fixed rate savings accounts

Money

Labour urges unemployed young people to join the military

The number of young people neither working nor learning could reach 1.25 million within the next five years

Money

Major supermarket strikes deal with Ocado in shake-up for millions of online shoppers

The rollout will begin in 2027

Money

Britain's fastest-growing seaside property hotspots as house prices rise by 11 per cent - full list

The news comes as the average asking price across the country fell by 0.3 per cent in the year to May

Money

Octopus Energy launches 'no‑brainer' tariff cutting social housing energy bills by up to £200

The cost of solar panels has fallen sharply in recent years, but installers warn the period of ever-cheaper systems may soon be coming to an end

Money

Millions of landlords face £7,000 fine if they fail to send key document this week - what you need to know

Any tenants with verbal agreements also need their arrangements formalised by the same date

Money

Youth joblessness hits record post-pandemic high as more young people just stop looking for work

The number of young people neither working nor learning could reach 1.25 million within the next five years

Money

Major bank under fire as saver reports 'missing' £20,000 and six-week transfer delays

A new £1,000 customer incentive sparked a surge in applications for ISA transfers

Money

Rachel Reeves 'comically out of touch' as avocado and quinoa among 'everyday essentials' set for tariff cuts

The Government has published the list of 125 'everyday essentials' that will see lower prices due to planned tariff cuts

Money

Over 120,000 Britons have spent their entire adult lives on Universal Credit, damning report finds

Around 8,000 25-year-olds have been on Universal Credit for the past seven years

Money

Major British retailer to disappear from the high street as 21 stores set to close in rescue deal

The takeover deal will result in 42 job losses

Money

Energy bills to jump more than £200 a year from July as price cap rises 13 per cent

Ofgem said gas bills are increasing by around 24 per cent, while electricity bills will rise by about five per cent

Money

Energy bills to jump more than £200 a year from July as price cap rises 13 per cent

Ofgem said gas bills are increasing by around 24 per cent, while electricity bills will rise by about five per cent

Money

Oil giant sacks chairman less than a year into role over 'serious' governance and conduct concerns

Albert Manifold has been removed as BP chair with immediate effect

Money

Next boss warns of youth unemployment 'crisis' after dramatic fall in entry-level jobs

The Next boss blamed higher labour costs and slow growth in the UK economy for the shrinking of vacancies

Money

Taxpayers 'ripped off' as record number of £50,000 households given social housing under Labour

The rise comes after Labour abandoned plans to introduce income thresholds for social housing applicants

Money

Award-winning entrepreneur runs business with just pen and paper after giving up mobile and computer

John Foley has fully embraced what he calls 'analogue mode'

Money

British families face £50 grocery bill hit as Labour refuses to scrap £2billion packaging tax

Further price rises are on the horizon as packaging charges are set to increase later this year

Money

Energy bills to rise by £75 a year to cover unpaid customer debts

EDF said household energy debt is now "out of control"

Money

Millions of Nationwide customers to get free £100 bonus next month - are you eligible?

The payment marks the fourth consecutive year that Nationwide has shared profits with its members

Money

BBC calls in debt collectors as licence fee evasion hits record levels

The move comes after licence fee dodging almost doubled in five years

Money

Rachel Reeves under fire as long-term unemployment hits 10-year high after Labour tax raid

Almost half a million people are now facing prolonged spells without work, raising concerns over the strength of the UK economy

Money

Britons could cut up to five years off their mortgage without dipping into savings

Around 61 per cent of UK homeowners say that they can’t afford to retire until their mortgages are paid off

Money

Rachel Reeves eyes new 22 per cent tax on cash held in stocks and shares ISAs

The move comes as Rachel Reeves presses ahead with plans to cut cash ISA allowances for savers under 65

Money

Labour could hit holidaymakers with tax raid in some of England's most popular tourist destinations

Tourist levies are already in place in Manchester and Liverpool

Money

Ed Miliband under pressure as plug-in solar panel rollout fails to reach shelves

In March, Labour vowed to ensure that plug-in solar panels were available in supermarkets 'within months'

Money

Cash ISA shake-up as bank tops savings tables with market-leading rate

Vanquis Bank has increased the rate on its range of Fixed Rate Cash ISAs this week

Money

Co-op confirms takeover of almost 200 supermarkets in rescue deal for struggling UK chain

Southern Co-op members overwhelmingly backed the merger in a vote held on May 21

Money

May Bank Holiday supermarket closing times: Tesco, M&S, Asda, Sainsbury's and more

This long weekend marks the second bank holiday of the month

Money

Rachel Reeves plots £1BILLION stealth tax on family holidays

The plans have emerged just hours after Rachel Reeves announced a VAT cut for family days out

Money

Major UK supermarket chain eyes 100 store closures in latest blow to the high street

The closures are part of wider efforts by the supermarket to cut costs and simplify the business

Money

Major fashion retailer to leave the high street with ALL stores set to close by the end of June

Up to 500 jobs could be lost

Money

Investors face tax hit as calls grow to align capital gains tax with income tax

The MP says the current system is unfair and his idea would result in a 'wealth tax that works'

Money

Rachel Reeves to unveil free bus travel scheme and cheaper food in major cost-of-living package

Britons could get cheaper biscuits, chocolate, dried fruit and nuts

Money

HMRC warning as savers forced to overpay thousands in tax after system errors

Savers are being wrongly hit with tax bills worth thousands after HMRC was given access to bank account data

Money

Almost 900,000 pensioners could cut their TV licence bill from £180 to zero - check your eligibility

Applying for Pension Credit is usually a simple process that takes around 16 minutes to complete

Money

Bank of England issues warning to Rachel Reeves as supermarket food price cap 'not sustainable'

The proposed cap would freeze prices on around 20 essential items, including bread, milk and eggs

Money

Energy bills set to rise further as Labour pushes ahead with £38BILLION Sizewell C project

Sizewell C is expected to increase electricity prices as high as £19 by the time it opens

Money

Nationwide Fairer Share scheme explained as millions could get another £100 this week

Four million customers will be eligible for the payment

Money

Supermarkets urged to cap prices on essential food items under Treasury plan

In return, ministers are said to be offering incentives to retailers

Money

NS&I to contact thousands of families over £367million missing savings scandal

Estates with holdings of £10 or more will be contacted

Money

Landlords rush to use little-known protection as Labour crackdown risks £19,000 bills

Legal expenses are now projected to reach a minimum of £3,000 for each eviction case

Money

State pension payment date to change for millions this week

DWP benefit claimants will receive their payments slightly earlier than usual

Money

UK homeowners face bigger mortgage shock than US and Europe

Around 1.8 million fixed-rate deals are set to expire this year, according to UK Finance

Money

Major bank offers attractive seven per cent interest plus £200 free cash in boost for savers

A free cash offer can be a huge boost for consumers

Money

Premium Bonds warning as millions 'sacrifice thousands of pounds' keeping money in NS&I accounts

Premium Bonds remain one of the UK's most popular savings products, held by around a third of the population

Money

Thousands of state pensioners face double blow after missing out on £3,000 in payments

A petition calling on the Government to scrap the frozen pension policy has gathered more than 7,300 signatures

Money

Homeowner turns £800 electricity bill into £0 after making energy switch - 'It felt like a risk!'

The savings came through a combination of generating electricity at home and exporting surplus power back to the grid

Money

State pension warning as 'vast majority' to be hit with income tax bills despite Labour pledge

Less than one million pensioners are expected to qualify for the protection scheme

Money

Store closures update: UK high street could lose up to 60 Post Office branches in major restructuring

The proposed contract changes would make it easier for Post Office branches inside TGJones stores to close

Money

Retirees warned you're 'paying more tax than you need to' as 500,000 rush to withdraw pensions

There has been a 75 per cent increase in 65-74-year-olds withdrawing their pensions in full

Money

HMRC warning as families could be denied 50 per cent of pensions for up to 15 months under new laws

Pension providers can withhold funds for as long as 15 months after someone dies

Money

Households earning £60,000 could be missing out on an extra £35,562 as wealth gap grows

Seven in ten with a financial plan feel more assured about their position

Money

Rachel Reeves's pension tax raid to cost one million households £900 a year

Higher earners are set to lose most from the National Insurance reforms

Money

Lloyds Bank issues savings update as customers could be £3,500 better off with banking app tool

Homeowners who switch at the optimal moment could save approximately £1,600 annually

Money

Inheritance tax gifting allowance slashed by 78 per cent as families hit with 'stealth tax'

The frozen threshold has steadily reduced how much families can pass on to children and relatives tax-free

Money

State pension warning as millions of over-40s could miss out on £42,700 in payments

The triple lock could cost up to £40billion a year by 2050

Money

Landlords to be hit with 'double lock' rent cap under new proposals

Critics have warned that rent controls would backfire, reducing supply and ultimately driving prices higher

Money

Thousands warned over little-known six-month deadline ahead of Labour's pension inheritance tax raid

Thousands of people aged 55 and over are rushing to withdraw money from their pensions amid fears their families could face large inheritance tax bills

Money

Major energy provider offers free electricity for one year - how to apply

The promotion runs until May 31

Money

Millions of landlords risk £7,000 fine per property if they fail to act before key May deadline

Some 2.3 million private landlords must distribute the document by the deadline

Money

Ftse 100 down as election losses 'erode confidence' in Labour stability

Reform made sweeping gains overnight as results filtered through, heaping pressure on Prime Minister Keir Starmer

Money

Ed Miliband warned Net Zero upgrades could 'backfire' as families use more heating, not less

A report found that energy savings from Net Zero upgrades could be lower than expected

Money

South East Water boss resigns after major outages left thousands with no running water

South East Water confirmed Mr Hinton's resignation this morning

Money

Co-op to take control of almost 200 supermarkets in major rescue deal for struggling UK chain

A second member vote on 21 May will now determine whether the merger can formally go ahead

Money

Skipton Building Society launches new savings account offering 'highest rate currently available'

The account offers the market-leading rate for an 18-month fixed ISA

Money

Pension warning as thousands of UK firms collapse owing £140MILLION in unpaid contributions

Nearly 23,000 employers have entered insolvency while owing pension contributions

Money

'Trouble ahead' for UK economy as inflation set to hit 5.8 per cent

If price pressures prove persistent, interest rates may need to remain higher for longer

Money

Ed Miliband backs secret court hearings to give energy firms warrants to break into homes

Campaigners have urged the Government to change the law with the upcoming Energy Independence Bill

Money

Rachel Reeves under pressure as UK firms brace for worst redundancy round in a decade

Last year saw combined redundancy payouts reach £478million

Money

Labour donor's Net Zero airline enters liquidation without ever taking off

The airline had hoped to launch routes between Edinburgh and Southampton

Money

Mortgage costs could rise by £3,000 a year as 'Trumpflation' hits Britain

The Bank of England has shared "Trumpflation" stress scenarios showing how severely the Iran conflict could hit household finances

Money

Martin Lewis shares 'rule of thumb' for how much you should pay into your pension

The state pension age has begun its gradual rise from 66 to 67

Money

Major restaurant chain to close 16 stores in blow to the high street - full list of locations

The decision will result in approximately 225 job losses across the affected sites

Money

Digital ID fears grow as expert warns Britons would need approval to use their own money

The Government will seek views on both potential uses for digital ID and the concerns people harbour about its implementation

Money

Airlines axe millions of seats amid warning jet fuel could fall to 'critically low levels'

The European Commission has warned they are not sure how long this situation will last

Money

Banking giant hit with £960million blow after UK fraud charge

HSBC did not disclose the companies involved

Money

Lidl launches new loyalty scheme offering customers rewards, discounts and 100 free points

The new points system represents the latest addition to the Lidl Plus app

Money

Rachel Reeves's mansion tax to cost £380million before raising a penny

The Government faces a £150million bill simply to identify and assess homes that fall within the levy's scope

Money

UK on track for record one million children on disability benefits

The research found GPs increasingly concerned that young people are being pushed into medical and welfare pathways rather than their needs being met early through family, school and community support

Money

Iran war to push 200,000 British households into poverty

Rising energy bills, petrol prices and food costs will drive up the cost of living

Money

Retirement plans at risk as over-55s forced to sell properties ahead of Labour crackdown

The Renters' Rights Act is coming into force on May 1

Money

Thousands rush to 'pull lever' that can cut £40,000 off your mortgage - 'It's so popular right now!'

As many as 67 per cent of home buyers are using this method to try to become mortgage-free by 40, analysis from TSB shows

Money

Tesco customers handed 50 free Clubcard points every Saturday in May - check how to claim

Those who take part can accumulate up to 250 Clubcard points

Money

Britons could access their state pension early under Tony Blair Institute's triple lock overhaul

Without reform, pension spending is forecast to rise from around five per cent of GDP today to 7.8 per cent by 2070

Money

Landlords now face £40,000 fines as Labour's Renters' Rights Act comes into force - full list of changes

One of the biggest changes is the scrapping of Section 21 "no-fault" evictions

Money

'Shadow state' warning as quangos handed £391billion of public funds, damning report finds

Quangos in Britain are now responsible for nearly one in every three pounds of Government spending

Money

State pension payments ranked as UK retirees left six times worse off than European counterparts - full list

British pensioners are among the worst off in Europe when it comes to how far their state pension actually stretches

Money

Rachel Reeves's HMRC tax raid drags over 300,000 more people into paying higher rates

The number of additional rate taxpayers jumped to 893,000 at the end of 2024

Money

Bank of England issues warning to anyone with a mortgage as interest rates to rise SIX times

The Monetary Policy Committee opted to maintain the base rate at 3.75 per cent following today's meeting

Money

British Gas, EDF and Octopus Energy customers could save £230 on energy bills with 'small changes'

Energy experts have revealed their top tips that can help slash up to £230 on energy bills

Money

Hundreds of thousands of landlords risk £19,000 bill under Labour crackdown

Under the new rules, Section 21 "no-fault" evictions will be scrapped

Money

Ed Miliband raises heat pump grants to £9,000 despite warnings they could add £138 a year to bills

The £9,000 grant will be available until the end of the year

Money

Cash transactions hit record high as retirees rush to physical money to manage spending

Households and businesses continue to rely on cash

Money

NS&I launches new issues of British Savings Bonds - full list of 'higher rates'

NS&I; has put new issues of its British Savings Bonds on sale with higher rates

Money

Rachel Reeves considers rent freeze as Iran war pushes household costs up

The plans have emerged as officials fear the impact of global tensions on mortgages and living costs

Money

Skipton Building Society unveils new savings account offering 'one of the highest rates' on the market

Customers choosing the fixed-rate route benefit from a guaranteed return over the term

Money

State pension age rise to 68 likely to 'accelerate' as healthy life expectancy falls

Healthy life expectancy has dropped two years in the past decade

Money

'I'll have to sell my property': Landlord warns tenants will pay more under 'very damaging' reforms

One landlord said he plans to sell his property shortly, meaning the changes are unlikely to affect him

Money

Retirement warning: Millions unable to retire until 83 as pension savings fall short

Britons aged 55+ have an average of £146,668 saved for retirement

Money

Britons face fresh cost of living blow as food inflation to jump to seven per cent

Bank of England data shows firms now expect higher inflation, which will push food prices on

Money

'I rent out two rooms to make ends meet': Retiree turns to lodgers amid rising costs

Around 27 million Britons have admitted they have felt embarrassed about their living situation

Money

British supermarket chain on brink of collapse as 300 stores at risk of closure

Thousands of jobs are at risk as the supermarket faces going bust

Money

Inheritance tax receipts hit £8.5bn as HMRC sees 'record year' - But there's an easy way to cut your bill

Inheritance tax hits another record, with pressure set to intensify significantly

Money

Nationwide Building Society confirms major cut to mortgage rates - full list of changes

Some high street lenders are making a further round of mortgage rate cuts this week

Money

'I'm 65 years old with a £100,000 pension pot - how much can I get in retirement?'

Annuity rates have risen significantly in spring 2026 as soaring UK gilt yields, driven by economic uncertainty from the Iran war

Money

Thousands of pensioners overtaxed by £3,160 each due to major 'error' in HMRC system - how to claim

HMRC repaid more than £44.1million to pensioners who had been incorrectly taxed when accessing their retirement funds flexibly

Money

British Gas, OVO, EDF, and Octopus customers warned of 'vampire devices' adding £140 to energy bills

Phantom power consumption can represent up to 23 per cent of a home's total electricity usage

Money

Central London house prices drop £37,000 in a year as northern market rises

Several factors have combined to drive this dramatic decline in prime central London

Money

State pension triple lock 'cannot exist forever' as calls grow to introduce double lock system

Politicians across the political spectrum remain firmly committed to the triple lock despite mounting criticism

Money

Pension savings at risk as Britain's biggest provider pours £30billion into less regulated markets

The state-backed pension fund will invest £30billion of savers' money into private markets by the end of the decade

Money

HMRC 'botched' crackdown leaves thousands facing huge tax bills - 'A profound failure'

Thousands of contractors were left with large retrospective tax bills after following third-party advice

Money

Inheritance tax trap: Families hit with £61million bills after gifting mistake

To reduce inheritance tax, the asset must be fully given away and the person cannot continue to use or benefit from it

Money

UK's best places to retire ranked as almost 50 per cent of Britons plan to stay local

The rankings consider life satisfaction levels, property affordability, access to GP services and availability of parks and open spaces

Money

'I haven't paid a penny on energy since August 2025': Man explains how he cut his bill to £0

Octopus' Zero Bills tariff enables customers to move into these green homes with no home energy bills guaranteed for at least 5 to 10 years

Money

Bank of England to hold urgent crisis talks as new system could drain Britain's cash machines

Hackers could seize control of ATM systems and force them to dispense their entire cash contents

Money

Rachel Reeves issued warning as £75billion tax raid pushes Britain to 'peak taxation'

Experts have warned excessive taxation discourages work and enterprise, ultimately reducing overall tax receipts

Money

Families on benefits rush to little-known DWP scheme to cover mortgage costs

The number of households claiming from the support hit 14,500 in November 2025

Money

State pension warning as 450,000 Britons miss out on £575 triple lock boost

Both the basic and new state pensions increase by 4.8 per cent under the Triple Lock guarantee

Money

Households to be PAID to use more electricity under new energy scheme

Operators face growing challenges in keeping supply and demand balanced across the network

Money

Pension savings to be hit by 'double tax' under Labour overhaul – what you need to know

Many savers are already taking action to reduce their potential exposure to the new tax regime

Money

Energy bills set to jump £196 in July as Strait of Hormuz turmoil keeps costs high

This projected increase is notably smaller than earlier predictions had suggested

Money

Oil prices plunge over 10 per cent as Strait of Hormuz declared open

Brent crude dropped by around 10 per cent to roughly $89 per barrel

Money

Skipton Building Society issues warning as £100,000 pension pot to only last four years in retirement

Someone starting at 30 would need to save roughly £89 monthly to accumulate £100,000 by age 65

Money

Middle-class customers risk paying more for their shopping as retailers tailor prices

The growth of AI means retailers can increasingly tailor prices to individual customers

Money

Council tax overhaul announced after households risk money being taken from wages or benefits

The reforms will take effect from next April

Money

British Gas launches new tariff £250 below predicted July price cap - but deadline to apply looms

Locking in a fixed rate can shield households from market fluctuations

Money

Labour wins vote to seize powers over private pension pots

The Tories have promised to scrap the policy should they win the next election

Money

Octopus Energy offers zero bills scheme guaranteeing 'no energy bills for 10 years'

These homes can generate their own electricity and store any extra energy for later use

Money

Britain's biggest pub chain sells more than 100 venues as debt climbs to £3.8billion

The Slug and Lettuce owners have to cut down their estate after an increased debt pile and borrowing costs

Money

Andrew Bailey issues inflation warning as global economy set for 'very big energy shock'

The IMF's economic outlook shows the UK is facing the biggest downgrade to growth among the G7 group of countries

Money

Major high street discount chain closes ALL 137 shops for good with thousands of jobs axed

The Original Factory Shop collapsed into administration earlier this year

Money

State pension tax error warning as HMRC reveals £624million in unclaimed refunds

About 730,000 tax refunds went unclaimed last year

Money

UK economy grows by a surprise 0.5 per cent before Iran war

February's stronger growth is unlikely to ease stagflation fears, with fresh energy and supply chain shocks from the Middle East already overshadowing the rebound

Money

Marks & Spencer unveils major shake-up to Sparks loyalty scheme offering shoppers real cash rewards

Customers could earn £10 in rewards when they spend £50 on Fashion, Home & Beauty

Money

UK energy firm collapses into administration after £5.4million loss - all staff made redundant

The firm has stopped trading entirely and dismissed its entire workforce

Money

Retirement warning as Britons urged to 'prepare for a world where state pension doesn't exist'

The Government is now spending more money on benefits than it gets from people paying income tax

Money

Millions of households could get energy bill refund up to £500 under two-month rule

Energy suppliers are holding £3billion of households' money

Money

NatWest glitch leaves customers unable to access savings as funds 'disappear'

NatWest said the issue had affected less than 500 of its customers

Money

UK growth forecasts SLASHED as Rachel Reeves warned risk of recession 'rising fast' amid Iran war

The IMF said the outbreak of war risks throwing the global economy "off course"

Money

Universal Credit claims rise by 63,000 in one month with 25,000 not required to look for work

Universal Credit claims have risen to 8.40 million

Money

Major UK supermarket chain to cut 'hundreds of jobs' in AI restructuring after closing 103 stores

The retailer said the initiative aims to focus on activities customers value most and AI technology to boost performance

Money

Renters' Rights Act explained as landlords now face fines up to £40,000

Landlords will now be barred from discriminating against people who have children or those receiving benefits

Money

DWP cost of living update as households can claim £50million in 'immediate support' – are you eligible?

The average household could end up £480 worse off due to the Iran conflict's impact on energy markets, new analysis suggests

Money

Blackout fears as Ed Miliband's solar power push threatens to overwhelm electricity grid

The grid operator is preparing to pay households and factories to use surplus electricity

Money

Thousands of benefit claimants to have debts reduced or cancelled under latest DWP overhaul

Some unpaid carers can now earn roughly £10,000 annually while still receiving Carer's Allowance

Money

HMRC alert as 178,000 taxpayers miss out on £800 rebate – how to reclaim

Around £144million has been left unclaimed with HMRC

Money

State pension warning as thousands of Britons could see £77,000 wiped off retirement income

Approximately 450,000 British pensioners living abroad already find themselves caught by the frozen pension policy

Money

Energy bills will 'inevitably' rise in July as UK households warned they'll be '£480 worse off'

Middle and higher earners are worse off, with the small pay rises they expected now turning into losses

Money

Energy bills will 'inevitably' rise in July as UK households warned they'll be '£480 worse off'

Middle and higher earners are worse off, with the small pay rises they expected now turning into losses

Money

UK economy under pressure as firms slash jobs at fastest pace this year

Vacancies dropped across both the private and public sectors

Money

Retirees issued urgent warning as one in six forced back into work amid savings crisis

Three in 10 retirees said their standard of living is worse than before they retired

Money

Student loan reforms to generate £679million windfall for Treasury

The deadline for submitting evidence to the inquiry is tomorrow, 14 April

Money

UK fashion chain to close website in days as stores stay open for 'limited time' - 22 shops at risk

The upmarket British fashion retailer fell into administration earlier this year

Money

Barclays issues urgent warning to all UK customers over 'direct debit refund'

The bank posted an alert to all UK customers in a social media message

Money

Zero-deposit mortgages hit five-year high as Britons struggle to save

A total of 574 no-deposit mortgages were approved in the first nine months of last year

Money

HMRC sending out letters to millions of pensioners who must repay their Winter Fuel Payment

The payment is worth up to £300 to help with rising heating bills

Money

Britain's wages 'more equal than Soviet Union', economist says

Uk income distribution is 'flatter than Soviet Union' as minimum wage hits £22,555

Money

State pension warning as 8.2million pensioners miss out on full triple lock boost

Fewer than two in five retirees were given the full 4.8 per cent uplift to all their payments, new analysis shows

Money

Millions of Britons issued urgent warning over Apple Pay scam draining bank accounts

Victims are then pressured to act quickly, often told to move money to a so-called 'safe' account

Money

Labour-run council scraps 300 per cent council tax premium on second homes after eight days

Councils across Britain are reassessing their approach to second home taxation amid concerns the levies are harming local economies and property markets.

Money

Working families pay £111 while benefit claimants pay just £4 at top UK attractions

Benefit support climbs as millions of workers are pulled into higher tax bands

Money

Santander launches 'top of market' 4.5 per cent ISA range in a boost for savers

Isa providers are increasing their rates to tempt savers, as the new tax year gets under way

Money

More than five million Britons overpaying tax after HMRC error - how to check

Tax code errors led to an estimated £3.5billion in overpaid income tax

Money

Mortgage payments could fall £100 a month as markets react to US-Iran ceasefire

Experts predict mortgage rates could fall to 4.3 per cent for borrowers with 25 per cent deposits

Money

Inheritance tax rules explained as Britons can gift 'any amount' tax-free

There are various gifting allowances that families can make use of

Money

High street giant plunges into administration - full list of 40 stores at risk of closure this month

A major British high street fashion chain has revealed the full list of stores at risk of closing before the end of the month

Money

Donald Trump threatens 50 per cent tariffs for any country supplying weapons to Iran

The president threatened the tariffs just hours after agreeing to a ceasefire with Tehran

Money

Savings alert: Bank offers £275 free cash plus 4.40 per cent interest rate as new tax year begins

New customers the opportunity to claim a combined total of £275

Money

UK borrowing costs surge as Donald Trump's Iran threat sends markets into chaos

Investors fear a further escalation in the war will drive up inflation and government debt

Money

Homeowners hit with £27,000 council tax bills under new 500 per cent premium

The premium would be applied based on how long a property has been used as a second home

Money

Britain's middle earners face £29,000 bill under Rachel Reeves's stealth tax raid

Middle earners could pay almost £30,000 in extra income tax

Money

Recession warning: UK economy weak even before Iran war as Labour branded 'economically naive and ignorant'

Experts have warned the outlook for growth across the rest of this year is "darkening"

Money

Royal Mail hikes stamp prices as Britons forced to 'dig deeper into pockets for a failing service'

These latest rises mean first class postage now costs nearly three times what it did a decade ago

Money

Britons warned of 'single biggest risk' to UK mortgages - and it could cost an extra £324 a month

About 5.2 million UK mortgage holders could face an increase in their repayments by the final quarter of 2028

Money

State pension update as three major changes hitting bank accounts from today

The state pension triple lock comes into effect from today

Money

Rachel Reeves issued urgent warning as UK firms to cut jobs and raise prices under new rules

The reforms threaten to unleash turmoil for companies across the country, especially for those responsible for hiring decisions and workforce management

Money

Santander to close 13 bank branches this month in blow to the high street - full list of locations

The closures will begin on April 28

Money

State pension payments RANKED as UK lags behind global peers in 20th place – full list

There are three European countries where the state pension covers more than twice the basic cost of living

Money

Yorkshire Building Society launches cash ISA offering 'competitive return' ahead of tax free allowance cut

Their Fixed Rate ISA range has relaunched with higher rates

Money

Rachel Reeves's 'mansion tax' to hit 165,000 homeowners, OBR warns

The policy is predicted to raise £400million by 2028/29

Money

Rachel Reeves's 'mansion tax' to hit 165,000 homeowners, OBR warns

The policy is predicted to raise £400million by 2028/29

Money

Council tax warning as thousands miss out on 50 per cent discount because they don't apply

Full relief is available when the relative residing in the annexe is aged 65 or older

Money

Award-winning British alcohol brand sold in Tesco goes bust with £195,000 debt

The company entered liquidation on March 25

Money

O2 launches rewards scheme offering free Greggs, £10,000 prizes and up to £200 monthly savings

This spring, O2 says it will distribute hundreds of thousands of rewards

Money

HMRC warning as pensioners face tax hit over £700 next year

The freeze will pull more than 6 million additional people into the income tax system by the end of the decade

Money

Major UK bank to exit US in 'strategic' move that will cut 50 jobs

Existing customers can continue to use their accounts until June

Money

Bank of England issues warning as 1.3million households face rise in mortgage payments due to Iran war

Around 58 per cent of mortgage holders nationwide face higher repayments

Money

Top 6 affordable European towns where you can live for under €2,000 a month

Britons moving abroad can gain a sense of community, a healthier pace of life, and "everyday experiences that feel more meaningful"

Money

'I don't spend a penny on energy bills!' Pensioner explains how he cut his bill to £0 in retirement

The retiree said one of his main goals was to minimise his monthly expenses in retirement

Money

Major supermarket to shut 229 stores in England next week for 24 hours

Major supermarkets will have different opening hours over the Easter period

Money

Net Zero could cost pension savers £178,000 in retirement, damning report warns

The report sets out several legislative changes it argues are necessary to protect savers

Money

Energy bills could rise for 500,000 homes as Iran war hits supply

Those worried about rising costs are advised to contact their supplier promptly

Money

Britain's unemployment capital revealed as nearly 40 per cent claim benefits

Welfare spending is set to rise by £18billion to £333billion this year

Money

Major UK furniture firm collapses into administration putting hundreds of jobs at risk

The company has come under significant financial pressure, leaving its future uncertain

Money

'My state pension covers the cost!': Pensioner ditches mortgage for 'flexible alternative' in retirement

More working adults could choose retirement living as the pension age rises

Money

DWP issues state pension change update as three million letters are sent out

A state pension age increase from 67 to 68 has been scheduled for implementation between 2044 and 2046

Money

Nationwide, Barclays and NatWest to contact millions of homeowners facing higher mortgage costs

Each homeowner will be given personalised advice specific to their situation

Money

KPMG to cut almost 600 UK jobs as partners take home £880,000

Those affected are primarily qualified accountants working at assistant manager level

Money

'Go for North Sea gas - but there's a better solution', Octopus Energy boss says

Octopus Energy warns North Sea oil won't cut energy bills

Money

Millions to receive pension boost within days as major provider pays out £199million profit

Individual payouts will amount to around £80 per person

Money

Rachel Reeves under pressure as UK firms prepare for 'unfortunate record year for redundancies'

Increased competition, cost of living, taxation, and wage inflation are all key contributing factors

Money

NS&I scandal victims face double blow as £476million repayments may trigger tax implications

Around 37,500 beneficiaries of deceased NS&I; savers were denied £476millions due to operational failures

Money

Millions of homeowners face 'sudden' £788 mortgage jump as rates surge above five per cent

Millions of homeowners face a sudden increase in monthly repayments at a time when wider living costs are still under pressure

Money

Yorkshire Building Society launches new range of 'enhanced' savings accounts with 'competitive rates'

YBS has distributed more than £1.5billion in additional interest to savers over the past five years

Money

Iconic British shoe chain cuts prices in huge closing down sale after collapsing into administration

The 145-year-old retailer entered administration earlier this year after years of financial difficulties

Money

Households warned they are 'dramatically exposed' to energy price shocks as volatility set to last

Industry figures say those who remain passive consumers of electricity face the greatest risk

Money

State pension warning as millions of retirees could be caught out after rule change

Britons are urged to look at their finances ahead of a crucial deadline

Money

Major banking rule change coming next month as 453,230 accounts shut in just one year

Banks will need to provide a clear explanation to customers in writing if they want to close an account

Money

Pensioners could be up to £900 better off each year as US-Iran war rattles markets

Pensioners looking to secure an annuity for a regular income could see a boost to the rates on offer in the weeks ahead

Money

Mike Lynch estate faces bankruptcy after £920million hit in HPE fraud ruling

Payouts over the fraudulent sale of the late entrepreneur's company risk draining his estate

Money

Mike Lynch estate faces bankruptcy after £920million hit in HPE fraud ruling

Payouts over the fraudulent sale of the late entrepreneur's company risk draining his estate

Money

DWP benefits bill at risk of huge surge as 'sickinfluencers' teach Britons to 'game the system'

Growing evidence suggests some claimants are gaming the system, driven by social media influencers at taxpayers' expense

Money

State pension payment date to change for millions next week

DWP benefit claimants will receive their payments slightly earlier than usual

Money

Lidl shoppers can get £50 off their food shop from this week - what you need to know

The promotion stops on April 4, giving participants just over a week to participate

Money

Bank increases interest rates across Cash ISA range in 'competitive' end of tax-year boost

Experts explain that savers earning below four per cent should consider switching as there are much higher rates available

Money

British Gas, Octopus and OVO customers urged to act now as clocks go forward or miss out on £340 in savings

British Gas is advising households to stick to a four-minute shower rule as part of efforts to cut energy and water bills

Money

DWP confirms almost 500,000 to receive state pension payment boost

The state pension received a 4.1 per cent increase from April this year under the triple lock guarantee

Money

Thousands of households can apply for cost of living cash up to £500 - check your eligibility

Funds are limited and prioritised for the most vulnerable low-income households

Money

Council tax alert: Residents hit with 3,000% hikes as parish councils exploit stealth tax 'loophole'

Households across England are being stung by soaring parish precepts, as councils exploit a legal exemption

Money

Nationwide announces major shake-up to mortgage rules meaning homeowners can borrow more

This significant change applies whether customers are buying their first home, moving house or remortgaging

Money

UK restaurants quietly hike service charges to 15 per cent as US-style tipping creeps in

Hospitality staff are facing slashed hours and lower take-home pay

Money

Iceland announces store closures within weeks in major blow to shoppers

The closure follows several other Iceland shutdowns in recent months, including branches in Welling, Borehamwood and Exeter

Money

Best savings accounts of the week: Savers urged to 'act quickly' to secure top deals up to 7.5 per cent

Those who want to instil the savings habit are urged to consider the top-paying regular savings account

Money

Mortgage warning: Over 800k homeowners 'in the dark' about interest rate shake-up affecting payments

Interest rates are a critical factor in determining mortgage costs

Money

Rachel Reeves to launch massive ISA shake-up as pressure mounts to cut £20,000 tax-free allowance

There are over 22 million ISA holders in the UK

Money

Retirement warning: 90% of baby boomers rely on savings to cover everyday costs

With nearly half cutting back on essentials, UK’s retirees are being hit hardest by the cost of living crisis and global economic uncertainty

Money

UK’s largest energy suppliers pay out £7m after overcharging thousands of customers - are you owed?

The compensation and refunds come after customers with multiple electricity meters at their properties were charged incorrectly

Money

DWP warning: Claimants could see their payments stopped for failure to act as 355,940 lose benefits

Acting promptly on migration notices is the safest way to ensure continued financial support

Money

Lloyds Bank to close eight more branches next week in blow to high street - full list of locations

This extensive closure programme will see 166 Lloyds branches disappear from high streets across the UK

Money

Bank of England interest rates DROP to 4.25% in win for thousands of homeowners - but inflation pressure mounts

While inflation has eased recently, it’s still expected to creep back above three per cent

Money

DWP issues update on cost of living payments 2025 - check if you can claim an extra £300 free cash

Thousands can get extra cash payments at a time when household bills have increased

Money

Universal Credit website DOWN leaving hundreds unable to access accounts

Multiple government websites crashed leaving users locked out of vital services and unable to access support

Money

State pension triple lock in question after Winter Fuel Payment cuts lose the 'grey vote'

Experts argue the Labour Government will have a lot to think about after the success of Reform in the local elections

Money

Economy in crisis: UK teeters on edge of stagflation as services sector shrinks for first time in 18 months

UK’s services sector shrank last month for the first time since October 2023

Money

Pensioner homeowners could be missing out on extra £1,800 a year due to 'common assumption'

Take up of state benefits has come under greater scrutiny recently following the restriction of the Winter Fuel Payments

Money

Labour's pension system overhaul under fire as savers could be left worse off in retirement

Experts warn that attempts to boost the British economy could come with a cost to retirement pots

Money

Deliveroo agrees £2.9bn sale to US rival DoorDash

Deliveroo boss has agreed to sell his stake and will stay on to help with the transition

Money

HMRC tax rules explained as thousands of pensioners owed £3,000 refund - check if you can claim

New rules will speed up tax refunds for regular pension withdrawals

Money

Donald Trump announces new tariffs which risk crippling major UK industry

'The retaliation will kill our industry,' William Reinsch, a former senior commerce official said

Money

Bank of England warned of 'underlying inflationary pressure' that could delay interest rate cuts

Economists are divided on the pace of future rate cuts

Money

State pension payments could drop next year as DWP introduces two major changes

Despite the triple lock in place, upcoming changes could reduce how much state pensioners receive in retirement

Money

NS&I saver with just £2 in Premium Bonds wins £10,000 after buying Winning Bond 68 years ago in 1957

The first Premium Bonds draw was held in June 1957 - so it’s very rare for a bond from that year to win a prize today

Money

Migrant benefits claims hit £1.1bn as Keir Starmer blasted over 'loss of border control' - 'Costing taxpayers billions!'

The rising costs come amid record numbers of migrants crossing the Channel in small boats

Money

State pension age to start rising in just months with Britons forced to work longer from next year

The decision to raise the state pension age is based on the Pensions Act 2014

Money

NS&I announces new £1million winners for May 2025 Premium Bonds prize draw

The Premium Bonds prize checker will be updated on May 2

Money

HMRC 'leaves no stone unturned' in tax crackdown as they collect over £105m in underpaid inheritance tax

This marks the fourth consecutive record-breaking year for inheritance tax collection

Money

State pension warning: Triple lock at risk as thousands face new tax bill next year

A typical full state pension is now just £600 below the income tax threshold - raising concerns about future rises

Money

Global recession fears grow as US GDP shrinks 0.3% in first quarter as businesses rush to get ahead of Trump tariffs

Trump says economy figures have 'nothing to do with tariffs'

Money

HMRC warning: Millions of Britons face fines up to £900 if they fail to act before crucial deadline

The quickest and simplest way to prevent additional charges is to fill out HMRC’s online form

Money

House prices continue to drop but buyers now hit with extra £10,000 bill upfront

Conveyancing delays meant some buyers missed the deadline, leaving them with unexpected tax bills just as household costs surged

Money

Top savings accounts this week pays 7.5% interest rate– but experts warn the 'do NOT wait around'

Those who want to instil the savings habit are urged to consider the top paying regular savings account

Money

Retirement in crisis as over 85s twice as likely to pay tax on their state pension - 'intuitively unfair!'

By April 2027, experts believe most new state pensioners will become taxpayers regardless of any other income

Money

Cheapest UK supermarket named as food inflation hits highest level in a year – beating Tesco Clubcard prices

This comparison by Which? compared Lidl, Aldi, Asda, Morrisons, Ocado, Sainsbury’s, Tesco and Waitrose

Money

Capital gains tax: Thousands to be hit with 'unexpected tax bills' as new HMRC rules kick in

The overhaul aims to modernise and reform HMRC systems and processes to simplify the experience for individuals

Money

Smart meter warning: Over 300,000 homes face higher bills and loss of hot water as meters set to stop working

Smart meters offer key benefits, including automatic adjustment of circuit switching times based on a customer's tariff

Money

Marks & Spencer hit by £800m blow as shoppers left waiting for refunds and online orders frozen for fourth day

A cyberattack disrupted contactless payment systems and click-and-collect services across various stores

Money

Savings alert: Thousands 'completely in the dark' over account change costing you £1,048 a year

With living expenses rising and incomes stretched, failing to maximise savings returns could mean missing out on much-needed cash

Money

DWP confirms state pension and benefit payments to come early this week - check if you're affected

Those expecting payments on either bank holiday should be aware of these changes to their usual payment schedule

Money

UK economy in crisis: Rachel Reeves under pressure as growth forecasts slashed for 2025 AND 2026

Businesses are expected to limit investment over the next two years as a result of the unpredictable global market

Money

Inheritance tax alert: Families seize 'golden opportunity' to save thousands on bills – but time running out

The strategy also offers capital gains tax advantages

Money

DWP benefit worth £441 a month scrapped for thousands in major shake up – all you need to know

This change only affects people with Scottish postcodes

Money

Bank of England set to cut interest rates within weeks – what it means for your savings, pension and mortgage

With interest rates poised to fall, the big question for savers, borrowers and retirees is: what does it mean for their money?

Money

State pension boost: Thousands get back payments up to £11,725 - full list of those affected

Thousands of women have been given their cash boost already

Money

State pension warning as 'unfair' tax rule could cost you thousands in retirement - here’s how to avoid it

The new figures follows years of criticism that the rules were "unfair, confusing, and disproportionately punitive"

Money

DWP update: Winter Fuel Payment cuts to hit 150,000 MORE pensioners under Labour

The projected fall in Pension Credit recipients suggests the number of pensioners receiving Winter Fuel Payments will continue to decline each year to 2030

Money

Martin Lewis issues urgent Cash ISA warning as tax year begins

Martin Lewis has offered advice to people who have money in an ISA

Money

'Pension tweak' could help Britons cut tax by up to 62% under new National Insurance rules

With take-home pay squeezed, workers are being urged to explore tax-efficient ways to boost long-term savings

Money

Rachel Reeves faces jobs pressure as wage growth slows and unemployment remains stagnant

The pace of wage rises has slowed and came in lower than expected, official figures show

Money

State pension warning: Deferring past retirement age could leave you worse off

Retirees are urged to weigh up the risks of waiting too long

Money

Free government pension payouts landing by post – but HMRC says most won’t claim

The payments will not be added to pension pots but instead paid directly to individuals’ bank accounts

Money

HMRC confirms £104 payment for thousands before Easter - check if you can claim

Early payments are being made to avoid delays over the Easter weekend

Money

Energy warning: 418,000 households face £313 hike in bills if they don't act now

Thousands face higher bills as fixed energy tariffs come to an end this month

Money

Trump exempts iPhones and laptops from tariffs after tech stocks plunge in major 'game-changer scenario'

Major tech firms win temporary relief as Trump signals more tariffs could follow

Money

Tariff turmoil: What Trump’s trade war means for your mortgage, pension and savings

As global markets wobble, Britons are urged to review finances and lock in deals

Money

Barclays paying out free cash to customers - check your bank statement for this code

Some customers have reported getting up to £600

Money

Universal Credit claimants could get freebies and discounts worth over £10,000 in April - check what you can claim

These benefits are designed to provide crucial financial relief for struggling households across the UK

Money

Fresh DWP benefit cuts 'inevitable' as insiders warn Labour blew 'one chance' to fix spiralling welfare bill

The number of people on sickness or disability benefits has surged from 2.8 million to 4 million since 2019

Money

WeightWatchers on the brink of bankruptcy as Ozempic boom takes its toll

Weight-loss drugs like Ozempic have been blamed for slump in subscribers and sales

Money

Rachel Reeves under fire as UK job market suffers worst downturn since the pandemic

The sharp rise in jobseekers comes as businesses cut back on hiring amid rising costs and economic uncertainty

Money

China hits US with 125 per cent tariff in major trade war escalation

This is up from 84 per cent announced on Wednesday

Money

UK economy unexpectedly grows 0.5 per cent in February in major boost for Rachel Reeves

Experts had expected much slower growth - around 0.1 per cent

Money

UK economy unexpectedly grows 0.5 per cent in February in major boost for Rachel Reeves

Experts had expected much slower growth - around 0.1 per cent

Money

Recession fears grow as MPs push to ban money printing emergency lifeline amid Donald Trump trade war

Debate is growing over whether to keep a policy that helped stop past recessions

Money

Wetherspoon boss eyes up 'all-night' opening hours as 13 new pubs set to open across the UK in 2025

The expansion comes as Wetherspoons continues to grow its portfolio of 796 pubs across the UK and Ireland

Money

Major UK travel firm collapses putting thousands of holidays at risk - are you affected?

The company primarily operated as an agency selling cruises and affordable package holidays to British travellers

Money

Inheritance tax alert: 'Little known' rule could cut your bill by thousands thanks to stock market slump

Stock market losses could unlock thousands in tax relief for estates — but strict rules apply

Money

US markets edge higher even as global trade tensions rise with new tariffs from China, EU and Canada

The S&P; 500 rose slightly on Wednesday as global trade tensions escalated

Money

China raises tariffs on US goods to 84% as global trade war deepens

The increase in tariffs on U.S. imports will be effective from April 10, 2025

Money

Ftse 100 plunges over 2 per cent as Trump’s tariffs spark global sell-off

UK stocks fell sharply again on Wednesday morning as Donald Trump’s worldwide tariffs came into effect

Money

Pension warning: Britons warned employer 'pension errors' could be costing you over £12k in retirement

At a time when finances are stretched to the limit, Britons are warned they could be missing out on valuable pension contributions

Money

Recession fears grow as UK economy grapples with stagflation in major blow to Rachel Reeves

Economists warn sluggish growth and persistent inflation could push the UK into a downturn

Money

Nationwide announces major branch changes - find out if your area is impacted

Banks and building societies in the UK have closed approximately 6,303 branches as customers switch to digital banking

Money

WHSmith agrees plans to sell ALL UK high street stores in mega £76m deal

The deal will trigger a change of name for the high street arm

Money

HMRC scam warning: Britons hit by fresh wave of fake emails offering 'tax refunds' and stealing personal data

The fraudulent text claimed the recipient was eligible for a £327.45 tax refund

Money

Premium bonds warning: NS&I 'likely to cut' interest rates AGAIN after update in Spring Statement

Financial experts are now warning that additional cuts could be on the horizon

Money

State pension crisis deepens as retiree incomes 'come up short' for 15 years

Despite a modest rise, the average pensioner income now sits at £407 per week—just £15 more than in 2010, new figures show

Money

Spring Statement 2025 calculator: Will you be £500 richer after Rachel Reeves's announcements??

Chancellor Rachel Reeves has set out her plans for the UK economy during her Spring Statement in the House of Commons, but what do the announcements mean for your finances?

Money

Martin Lewis casts doubt on Rachel Reeves's £500 income boost for millions- 'It's not that rosy!'

Martin Lewis questioned the 'unspecific' figures touted by Rachel Reeves as he offered his reaction to her Spring Statement this afternoon

Money

Rachel Reeves announces £4.8bn in welfare cuts by DWP

Rachel Reeves has announced that the new eligibility rules will hit claimants across the UK

Money

Pension system overhaul under fire as Labour's reforms 'will see increase in identity fraud'

An expert has warned more needs to be done to educate trustees and pensioners on data security risks of the changes to come

Money

Tax trap warning: Britons warned of 'sneaky way' Labour could add an extra £416 to bills

Many people may not realise they are paying more simply due to this inflationary effect

Money

UK economy at huge risk as Rachel Reeves' inheritance tax raid threatens £15bn blow

Family-owned businesses, described as "the backbone of the UK economy," are facing significant disruption

Money

State pension at tipping point as means testing seen as 'ONLY viable option' to secure future of payments

Calls grow for the Government to move beyond Triple Lock debates and pension age tweaks, as experts urge serious consideration of means testing the state pension

Money

Spring Statement’s missing £24bn answer: Reeves urged to consider 'simple way' to grow the economy

An investor has explained a "simple way" the Chancellor can grow the economy

Money

Economy warning: Britons to 'pay the price' as Rachel Reeves's borrowing soars to £10.7bn and growth plan stumbles - 'Another major blow!'

Reeves is not expected to make any tax hikes when she delivers the statement next Wednesday

Money

Inheritance tax alert: Families turn to ‘little-known’ methods as HMRC rakes in record £7.6bn

Inheritance tax receipts have hit record highs with one month still remaining in the 2024/25 financial year

Money

Bank of England HOLDS interest rates at 4.5% in blow to mortgage holders - millions stuck paying 8% rates

The MPC voted by a majority of 8–1 to maintain the Bank Rate at 4.5 per cent

Money

UK economy in jeopardy as US urges Labour to scrap £800m digital tax to avoid extra Trump tariffs

The UK economy is at risk as Donald Trump prepares sweeping tariffs

Money

Rachel Reeves to unveil biggest spending cuts since austerity – but Autumn tax hikes still on the table

Any cuts announced follow approximately £5billion worth of reductions to benefit payments, mostly affecting disabled people

Money

UK unemployment sticks at 4.4% as pressure mounts on Rachel Reeves over jobs crisis

Economists attribute this slowdown to anticipated tax pressures on businesses

Money

Shepherd Neame: UK’s oldest brewer to hike prices in huge blow for Britons as Reeves' tax raid slammed 'most unwelcome'

The English brewery and pub operator has around 303 pubs and hotels in the South East

Money

Ex-high street giant teases comeback with new website launch – Shoppers told 'watch this space!'

The teaser comes five years after the fashion retailer disappeared from British high streets

Money

Santander to close 95 more bank branches this year as 750 jobs put at risk - full list of locations

Santander's latest closures are part of a major overhaul of its branch network

Money

Ikea to open new Oxford Street store in major high street revival - when it opens and what to expect

The new shop will open after a three-year transformation of the historic Grade II listed building at 214 Oxford Street

Money

PIP changes confirmed: DWP crackdown tightens benefit rules in major Labour reform – what it means for you

Changes to PIP and Universal Credit have been announced as part of a major £5bn welfare crackdown

Money

Bank of England crisis: Homeowners warned 'tipping point' could keep payments higher for longer

Interest rates have been raised by the Bank of England in recent years in an attempt to rein in inflation

Money

DWP crackdown: What changes could be announced to PIP and Universal Credit?

The announcement comes ahead of Chancellor Rachel Reeves' Spring Statement on March 26

Money

Asda takes on Tesco, Sainsbury's and M&S in price war as supermarkets lose £3.5bn

Tesco and Sainsbury’s will now have to lower prices to compete, analysts say

Money

UK economy takes major hit as growth forecast slashed after Trump’s trade war sparks global downturn

The UK's economic forecast has been cut to 1.4 per cent in 2025 and 1.2 per cent in 2026

Money

Council tax warning: Over 90% face maximum tax hikes from April - full list of increases

Only three councils have opted for lower increases

Money

Pressure mounts to SCRAP Cash and Shares ISAs as Reeves eyes up major tax-free savings reform

Vanguard's CEO has called for a combined ISA holding cash deposits and shares in the same pot

Money

UK 'on the brink of recession' as Reeves' spending cuts trigger biggest job losses in a decade

The Chancellor is expected to update the country on public finances in next week's statement

Money

Millions warned 'nasty shock' looms as interest rate decision next week could be 'particularly painful'

The next Bank of England interest rate decision will be announced on Thursday, March 20, 2025

Money

Energy bill alert: UK households in these areas could save £250 on their bills – full list of locations

Labour's new pylon plans could slash electricity bills for thousands

Money

Contactless card shake-up: Britons warned of possible payment changes ahead — what you need to know

Any changes would need to support good customer outcomes as required by the Consumer Duty rules, the FCA said

Money

State pension age rise under review as Labour minister signals possible shake-up to come

Planned pension age increases face uncertainty due to slowing UK life expectancy

Money

Full list of state pension changes coming in from DWP next month

The state pension is set to increase by 4.1 per cent in April

Money

New inheritance tax ruling could see families slash bills by thousands as HMRC suffers setback

Death duty receipts totalled £639million in January alone

Money

Donald Trump issues new threat to Europe as trade war set to ESCALATE amid market turmoil

The European Commission emphasised that it remains open to negotiations as higher tariffs benefit no one

Money

HMRC warning: Pensioners 'worst hit' by Reeves' tax raid as millions to 'pay back state pension' payments from April

The state pension is on track to exceed the personal tax allowance by 2027

Money

State pension warning as almost 500,000 Britons set to miss out on £470 triple lock boost next month

Labour’s 'frozen pensions policy' leaves thousands of UK expats without a state pension increase

Money

DWP crackdown to push '700,000 PIP claimants into poverty' as thousands denied benefit payments

The rumoured £6bn worth of benefit cuts could have a 'catastrophic impact' on vulnerable households, charities warn

Money

HMRC’s ‘damaging’ stealth tax trap forces middle earners to pay ‘eye-watering’ rates meant for the rich

Millions more taxpayers are being forced into higher brackets as inflation pushes up wages

Money

Retirees face £20k tax hit as they rush to withdraw pensions ahead of Reeves’ inheritance tax raid

The Chancellor's inheritance tax changes mean unspent pension wealth will be included in death duty calculations from April 2027

Money

'I'm 65 years old with a £100,000 pension pot - how much can I get in retirement?'

Annuity incomes have soared once again, reaching their highest levels in over 16 years

Money

Reeves' inheritance tax raid on pensions could face major delays as experts warn: 'Do nothing!'

Labour's plan to tax inherited pensions could generate an estimated £40billion for the Treasury over the next two decades according to analysis

Money

Millions of homebuyers hit with £4,200 mortgage hike - Top 10 cheapest UK locations revealed

The average house price in the UK last month was £298,602

Money

Millions of savers face 'punishing new tax' as Reeves' ISA allowance cut could cost up to £5,132

The UK currently ranks low among European countries in how much household disposable income is saved

Money

Santander banking app DOWN: Hundreds of customers left unable to make payments - 'Sort it out!'

Customers have been left unable to transfer money between accounts

Money

Stamp Duty 'knife edge' to hike homebuyer bills from zero to £6,250 overnight

The impact will be most severe in Southern England, particularly the South East, and the East of England

Money

Bank of England sounds alarm on 'substantial' risks to UK economy – 'Rapid interest rate cuts unlikely!'

The interest rate is currently 4.5 per cent

Money

Tax warning: Spain accused of ‘fleecing’ foreigners as British expats hit with unexpected bills

British expats have complained that their "lives have been ruined" by tax probes

Money

Rachel Reeves 'plans BILLIONS in spending cuts' – DWP benefits face axe in Spring Statement

The Chancellor is set to present these 'politically painful' cuts to the Office for Budget Responsibility today

Money

Universal Credit website down: Hundreds of users unable to access accounts

There have been over 100 reports in the last 24 hours of users struggling to log into their Universal Credit accounts

Money

Council Tax Warning: Local authorities 'hoarding millions' while hitting residents with higher bills

Three councils had over £10,000 in usable reserves per resident

Money

Taxpayers left to cover £24bn public sector pay bill after Rachel Reeves's 'reckless jobs tax'

Critics argue that the National Insurance raid still constitutes a tax on those in work

Money

Gender pay gap REVERSES as 'men are falling behind' in the workplace, new report shows

Experts warn: 'We have let down a generation of young boys and men'

Money

Mortgage price wars heat up as Barclays slashes interest rates AGAIN to 'market leading' levels – full list of cuts

This is the second time Barclays has announced mortgage rate cuts over the past month

Money

British Gas, OVO and Octopus customers urged to act now or risk overpaying on energy bills as price cap set to rise by £200

A significant price cap increase is set to hit households across Britain from April 1

Money

NS&I announces Premium Bonds winners ahead of prize fund rate cut - who took home £1million prize?

The Premium Bonds prize checker will be updated on March 4

Money

State pensioners urged to check for extra £434 a month as retirees' job hunting surges by 900%

Attendance Allowance is a benefit for pensioners offering up to £108.55 a week, adding up to an total of £5,644 a year

Money

Retirees looking to downsize can get £12k stamp duty relief before April deadline - can you claim?

The offer applies to customers reserving a new home at participating developments between March 1 and May 31

Money

Tax codes explained with millions of workers urged to check payslips as HMRC issues refunds

A tax code determines how much tax an employer deducts from a worker's salary before it is received

Money

More tax hikes 'highly likely' this month: Five key areas Rachel Reeves could target

The Chancellor may announce further tax hikes in the Spring Statement on March 26

Money

Retirees warned common mistake could 'deplete your pension pot a decade too soon'

Many retirees could be set to empty their pension pot by their late 70s

Money

DWP confirms 57,000 benefit claimants will get compensation up to £5,000 after court ruling

The DWP has confirmed it has begun the process of compensating all affected claimants

Money

Rachel Reeves warned 'immediate action is needed' as UK employers prepare for 'biggest redundancy round' in a decade

UK unemployment sits at 4.4 per cent

Money

NS&I announces cut to Premium Bonds prize fund rate - slashing number of high value prizes from April

NS&I; has confirmed the odds of winning will not change

Money

Martin Lewis shares HMRC tax tip that can increase your personal tax free allowance to £13,830

Couple can increase their Personal Tax Allowance

Money

DWP alert: Those on state pension and other benefits may see delay to triple lock boost in April payments

The DWP confirmed that the new rates will come into force on April 7

Money

TSB to shut eight more branches across UK this year on the exact same date - full list of locations

The move comes after TSB announced plans last May to cut 250 jobs from its fraud and central operations departments

Money

State pension warning as Labour's 'cruel double whammy' tax raid set to WIPE OUT triple lock

New research highlights the regions in the UK where pensioners will be hit the hardest

Money

Labour issues new update on state pension age compensation for WASPI women

Despite the Government's rejection of compensation, WASPI campaigners have pledged to keep fighting

Money

Inheritance tax alert: Britons warned 'under the radar' Budget change may drag you into paying levy

Inheritance tax (IHT) receipts have hit £6.3bn for the first three quarters of the 2024/25 financial year

Money

State pension warning as Britons may find National Insurance contributions DO NOT count

Those who have a shortfall on their National Insurance record, could find they aren't entitled to the full state pension

Money

Full list of countries offering incentives to buy homes as Spain considers 100% property tax

The policy could lead to similar actions in popular British holiday home destinations, with France, Greece, and Portugal also considering similar restrictions

Money

State pension forecast explained as some users left 'confused' when checking if they qualify for full amount

There are only two months left to boost State Pension by filling gaps in National Insurance records from 2006 onwards

Money

Retirement warning: State pensioners living alone face £2,897 shortfall to meet minimum income living standard

A single pensioner would need a pension fund of £50k to meet the minimum standards of retirement coupled with the State Pension

Money

Pension withdrawals explained as over 55s hit with £97,500 tax bill as 'they don't know better'

Nearly a third of over 55s are puzzled about the different options for withdrawing money from a pension, according to new research

Money

Mortgage warning: Britons urged to lock in sub 4% deals as millions face £3k rise in payments

The average buyer could face mortgage payments rising by £272 monthly

Money

Annuity rates hit a 10-year high - check how much you could get for a £100,000 pension pot

More people are seeking guaranteed income solutions - making annuities an attractive option

Money

HMRC 'vastly underestimating' tax evasion: MPs push for crackdown as 'bad actors' utilise 'loopholes' in system

Between five per cent and 20 per cent of all UK registered companies were fraudulent in 2023

Money

Santander becomes first major lender to cut mortgage rates below 4 per cent since November

The new rates will be available from February 13

Money

Tesco, Sainsbury’s and M&S warn Reeves the high street faces 300,000 job cuts by 2028

Seven major retail chains have united to challenge Rachel Reeves' Budget changes

Money

Inheritance tax: More families opt for '100% tax free gifting' option to cut bill ahead of Reeves's pension raid

Estate gifting is predicted to rise as taxpayers seek to avoid the most hated levy

Money

Mortgage price wars heat up as five major lenders cut interest rates after Bank of England decision

Yorkshire Building Society, Halifax, Santander, and Virgin Money have all unveiled rate cuts across their product ranges

Money

Lidl announces 'sector leading' pay rise for 28,000 employees next month despite Reeves's business tax raid

The pay increase comes as rival supermarkets announce job cuts to cope with the Chancellor's £25bn increase in employers' National Insurance contributions from April

Money

UK at risk of £18bn hit as firms flock to America following Trump’s tax cuts

The president's corporate tax plans could negatively impact Britain

Money

State pension set for huge increase from April - pensioners could get almost £12,000 a year

The state pension age is 66-years-old for both men and women - but this is set to rise in the upcoming years

Money

DWP alert: Thousands of benefit claimants could get payouts over £5,000 after court ruling

Over 200 claimants have already been awarded up to £3,000 in damages

Money

Mortgage crisis deepens: Thousands trapped in 9% interest deals as Labour rejects inquiry call - 'I'm at breaking point'

Mortgage prisoners are paying interest rates about four per cent higher than normal - costing them hundreds of extra pounds each year

Money

State pension boost: DWP error could see thousands get back payments up to £8k

Around 493,813 people have used the online tool to check if they can boost their state pension payments

Money

Tesco announces major change to Clubcard prices giving some customers even bigger savings

Shoppers selected for the trial receive new personalised deals every Wednesday through the Tesco app

Money

Store closures update: 700 farm shops at risk of closing down for good over Rachel Reeves' tax measures

Farmers have staged multiple protests against the Budget changes across the country

Money

Rachel Reeves under pressure to raise taxes or cut spending as £9.9bn fiscal headroom 'evaporates'

Economists have warned the Chancellor will have no choice but to cut spending or increase taxes

Money

Top savings accounts of the week: Savers urged to act and secure 8% interest as Bank of England set to cut rates

The Bank of England could cut interest rates for the first time this year on Thursday

Money

Thousands boost state pension payments by £113 a week but 'time is running out' - can you claim?

Pension savers have just two months left to fill gaps in their National Insurance records dating back to 2006

Money

Reeves warned 'reform is needed' in Budget as ISA savers hit with £11k penalties when withdrawing cash

New reports are suggesting Rachel Reeves should also considering scrapping tax-free cash ISAs entirely

Money

Pound set for biggest gains against Euro in FOUR YEARS after Trump hints UK to escape tariffs

Sterling has emerged as a standout performer against the euro amid global trade tensions

Money

HMRC inheritance tax crackdown to hit thousands as officials suspect they underpaid £325m

Inheritance tax underpayments are expected to rise sharply as the Government aims to raise extra £2bn through IHT increases

Money

HSBC warning as thousands locked out of pensions with no access to savings

More than £3bn in pension savings are being withheld from 126,500 Hong Kong exiles

Money

Lloyds and Halifax banking apps down as customers unable to access cash

An issue which left Lloyds Bank and Halifax customers unable to receive payments has now been resolved.

Money

Martin Lewis issues urgent warning against common payment method at online checkouts - 'beware there's LITTLE PROTECTION!'

The money saving expert warned that while it may be tempting as a quicker and easier' option, it offers little protection

Money

Rachel Reeves mortgage shake-up could push house prices up by £20,000 - but there are ways to mitigate this

The Government's latest mortgage policy changes aim to help first-time buyers enter the property market by allowing them to borrow more money with smaller deposits

Money

Bank of England set to cut interest rates this week - here's what it means for your money

Traders are currently pricing in the chances of an interest rate cut at 84 per cent

Money

'I'm 65 years old with a £100,000 pension pot - how much can I get in retirement?'

Although experts predict interest rates will drop next week, pensioners can still secure high rates on their retirement pots

Money

Savings alert: Major banks accused of blocking savers from top interest rates - 'it’s disappointing'

Major banks say the new rule is optional - 'not mandatory'

Money

Retirement crisis: 500,000 pensioners stuck paying £766 in mortgage bills each month

On average, retired mortgage holders still owe more than £63,000

Money

Bank of England unveils safety net for pensions in wake of gilt market turmoil

The new tool helps non-bank financial institutions get quick cash from the central bank by using their assets as collateral during times of financial stress

Money

Post Office to cut 100 jobs to fund subpostmaster payouts after Horizon scandal

The cuts are part of an overhaul to boost subpostmaster pay by £25million over five years

Money

BBC licence fee could be EXTENDED as Labour considers slapping Netflix users with TV tax

Other ideas being discussed included switching to a Netflix-style subscription model for the BBC’s on-demand service

Money

HSBC cuts investment banks in UK and Europe to focus on Asia

Europe’s biggest lender will prioritise business in the Far East

Money

Council tax: DWP explains how your bill could be 'reduced by up to 100%'

More than four million households across England are facing council tax increases of up to five times the legal limits

Money

HMRC accused of 'deliberate poor service' as crucial deadline looms - taxpayers urged to act or face £900 fine

The deadline for the self-assessment tax returns is January 31

Money

Martin Lewis issues update as banks slam DWP over account 'spying' under benefit fraud crackdown rules

The new law would allow the Department for Work and Pensions (DWP) to reclaim money from accounts without a court order

Money

Recession fears grip UK as economy slows - retailers and consumers brace for 'dark days ahead'

Economists believe technical recessions in the UK will be more frequent in the coming years

Money

Mortgage warning: Thousands face debt 'well into their 70s' as state pension won’t be enough to cover costs

Retirees on fixed incomes may struggle to manage mortgage payments along with rising living costs

Money

DWP warning: State pensioner poverty soars as thousands miss out on £3,900 boost

The DWP is sending letters to 11 million pensioners explaining how they could get an extra £3,900

Money

Council tax raid: Britons warned of tax rises up to 35% as local authorities struggle to hit Labour targets

Any council that wants to raise taxes by more than the usual 4.99 per cent limit must get special approval from the Ministry of Housing and Local Communities

Money

Inheritance tax warning: Reeves's pension death tax to be a ‘slow-motion car crash’ as grieving families risk 90% charge

The changes have been described as 'flawed and potentially damaging' to grieving families

Money

Bank of England to cut interest rate six times by next year Goldman Sachs says

As concerns about the economic outlook rise, investors expect the Bank of England to cut interest rates in February

Money

HMRC to overhaul 'scandalous system' which overtaxed thousands of pensioners by £3,400 each

Over 470,000 pensioners have had to claim refunds on over-taxation from HMRC on their pension withdrawals

Money

Inheritance tax receipts hit £6.3bn as HMRC rake in 'record sums' in bonus for Government coffers

Inheritance tax receipts have risen by 11 per cent over the past year

Money

UK unemployment rises to 4.4% after Budget in blow for Rachel Reeves

In December 2024, the number of payrolled employees fell by 47,000 from November

Money

Pension crisis: Britons warned shortfall for moderate retirement grows to £31,000

The amount of money needed for a moderate retirement continues to rise making it hard for Britons to save

Money

Savings alert: 800,000 more Britons risk shock tax bills after 'unexpected pitfall' that eats into cash

Income tax thresholds were frozen until 2028 by the previous Conservative Government, and the decision has not been changed by Labour

Money

Smart meter warning: Ofgem urges thousands of Britons to 'act now or risk losing heating and hot water'

Ofgem is warning that an old-style meter system will be turned off 'in months'

Money

DWP warned 'urgent action needed' for benefits overhaul as system 'incentivises workers to say they're sick'

If 400,000 people who are out of work due to illness could find jobs, it could save around £10billion through higher tax revenue and reduced benefit cost, a new report has found

Money

Bitcoin hits all time high above $109,000 ahead of Trump inauguration

Bitcoin peaked at $109,036 at 06:55 am UTC, before quickly dropping back below $108,000, new data has shown

Money

Mortgage alert: Reeves considers relaxing mortgage rules in boost for homebuyers

The combined effect of potential rate cuts and simplified lending rules could make homeownership more accessible for many Britons

Money

State pension triple lock should not be kept ‘indefinitely’, says minister who introduced it

Conservative leader Kemi Badenoch has come under fire after suggesting she would look at means testing when asked about the future of the triple lock

Money

Tesco customers can get free Clubcard points worth £50 - check your eligibility

Tesco Clubcard has partnered with OVO to offer big rewards for new and existing customers

Money

Smart meter warning: Thousands of households to be forced to install units or risk higher bills

Those who do not switch could lose the heating and/or hot water in their home or business

Money

Top savings accounts of the week offer up to 8 per cent interest rate - full list

Nationwide Building Society, NatWest and Royal Bank of Scotland are offering some of the best savings interest rates of the week

Money

British families £2,300 worse off compared to German counterparts

The income gap also extends to Dutch and French families who also have more income than those in the UK

Money

Top 10 dream places to retire in the UK revealed - 'every day is like a holiday!'

The top three must-haves for a dream retirement location included being close to local amenities, good transport links and a decent supermarket

Money

Lloyds Banking Group announces major change across branch network prompting fears of MORE CLOSURES - are you affected?

Lloyds Banking Group is currently set to close at least 86 more locations in 2025

Money

Sainsbury's announces 'inflation-busting' pay rise for 118,000 employees

The supermarket chain, which also owns Argos, said it recognises the hard work of colleagues across the Christmas period

Money

Cold Weather Payments triggered: Full list of postcodes eligible for energy support

The first Cold Weather Payments of the year have been triggered

Money

Greggs warns of post-Budget hikes as price of sausage rolls rise AGAIN

The price of a Greggs' sausage roll has shot up by 30 per cent

Money

'The money I earn is a welcome boost to my pension!' Retiree shares side hustle that reduces energy bills and pays for lunch

Homesitting offers a combination of financial savings, travel opportunities, and meaningful work

Money

HMRC warning: Millions of Britons face 'automatic' fines up to £900 if they fail to act before crucial deadline

Taxpayers can appeal late penalties if they have a reasonable excuse

Money

Rachel Reeves could be forced to 'announce more tax rises' as fiscal headroom 'never been this low'

Government borrowing continues to 'surge' which is likely to place additional pressure on Chancellor Rachel Reeves

Money

Santander shares how homeowners could save nearly £13k in interest and knock 2 years off their term

In 2024, Santander customers collectively overpaid £2.2billion on their mortgages

Money

DWP issues three month warning as thousands risk having benefits stopped if they fail to act - are you affected?

Tax Credit claimants have been urged to act or risk losing their benefits

Money

Homebuyers face 'challenging' times ahead as tax bill set to rise £6,250 overnight

First-time buyers and existing homeowners face increased costs from April 2025

Money

How much can a £100,000 pension pot give you in retirement?

Average annuity rates have risen five per cent over the past year, despite two Bank of England base rate cuts

Money

DWP offers up to £500 free cash for thousands of households - check what you can claim

The funding aims to help households afford energy bills, food and other essential items during the winter months

Money

Recession fears grow as UK economy faces threat of 'stagflation' in 2025

The UK economy faces a threat of ‘stagflation’ after a bumpy 2024

Money

Best savings account of the week: Savers urged 'compare and switch' as banks offer up to 8%

The Co-operative Bank and NatWest are among the financial institutions offering market-leading interest rates on savings accounts for bank customers

Money

Key money dates you need to know about in 2025 - see list

Keeping track of these key dates and adjusting financial plans accordingly will be crucial for staying ahead

Money

Smart meter warning: Four million households to spend a third of their income on energy bills next year

A combination of higher gas and electricity prices and the typical seasonal increase in energy usage over the colder months would hit poorer families most

Money

High street closures: Blow to economy as 'cost pressures' close down 400 pubs in UK for good

UK pub numbers have plunged by more than 2,000 since the start of 2020

Money

Britons risk paying 'unnecessary inheritance tax bills' as they miss out 'huge step' in wealth planning

Having no Will could lead to an unwelcome distribution of assets at death

Money

Millions of families face 'January of discontent' as Labour's tax raid adds extra £8,000 to household bills

A New Year poll found that Britons believe 2025 will be worse for the country than 2024

Money

Major pension changes coming in 2025 including a pay rise and a key deadline for boosting contributions

Some pensioners could be around £470 better off next year

Money

Smart meter warning: British Gas, Octopus, Eon, EDF, and OVO customers urged to act or risk overpaying bills

The Energy Price Cap, which controls what most households pay for energy, will rise by one per cent on average from January 1, 2025

Money

Royal Mint unveils 5 new coin designs for 2025 - including £5 coin celebrating Queen Mother

All new coins will be available from January 2

Money

Quarter of council tax raised is spent on ‘unjustifiably generous’ staff pensions

The average household is effectively paying more than £230 a year directly into council staff pensions

Money

Major bank launches new tool which could help you save £667 in 2025

One lucky customer will win a £10,000 prize if they complete the 365-day challenge

Money

Council tax: Millions missing out on up to 100% off bills as UK debt orders hit 5,300 per day

Around one in five people are being taken to court over council tax debt in some of the poorest parts of England, new data has shown

Money

DWP and HMRC to implement 'new measures' which could affect your state pension payments

DWP and HMRC have issued a warning ahead of a major state pension deadline next year

Money

Energy price cap set to rise next week - what it means for your bills

The price cap is increasing in January, and then again in April, analysts predict

Money

HMRC alert: Taxpayers warned of 'unnecessary pain' as they face 'automatic £100 fine'

Britons are warned penalties will increase further for those who delay over three months

Money

Britons urged to consider 'increasingly popular' option to 'free up some money' in retirement

Older homeowners may be reassessing their housing needs following the Autumn Budget, experts suggest

Money

Morrisons 'system error' sees loyal customers lose out on discounts and Christmas orders cancelled

Morrisons has announced the top 100 More Card prices will become the regular price for all customers today and tomorrow as an apology

Money

Inheritance tax: 'Christmas comes early' for Labour as HMRC rake in an extra £600m from families - how to cut your bill

Inheritance tax (IHT) receipts will raise £7.5 billion in 2024-25 - a considerable boom for the Treasury

Money

Bank of England HOLDS interest rate at 4.75 per cent

At its meeting today, the MPC voted by a majority of 6–3 to maintain Bank Rate

Money

DWP announces Universal Credit and state pension payment dates to change for millions this Christmas

The DWP has released a detailed schedule of payment dates for benefit recipients over the Christmas period

Money

Bank of England expected to hold interest rates at 4.75% in blow for millions of households

Experts believe there is only a 10 per cent chance of an interest rate cut today

Money

Water bills set to rise by 36% over next 5 years - How much more will you pay?

The average bill will rise from £448 a year to £542

Money

Wage growth on the rise but job market still weak as companies cut jobs at fastest rate in 4 years

The UK jobless rate remained flat in the three months to the end of October, while growth in average earnings has risen

Money

British Gas, E.ON, EDF, and OVO customers could save £388 on energy bills after rule change

The rule change is part of the Government's broader initiative to tackle growing household energy debt and provide more flexible options for consumers

Money

Inheritance warning as Reeves’s tax grab to cost more than it makes: 'No one is safe!'

Thousands of businesses have signed a letter asking Rachel Reeves to reconsider the inheritance tax changes announced in the Budget

Money

Bank branch closures update: 100th Banking Hub rolled out across UK in a bid to protect access to cash

More than 6,000 bank branches have closed across the country in the past nine years, research shows

Money

British Gas, Octopus, and E.On customers urged 'small adjustments' could save over £100 a year on energy bills

Households are warned the energy price cap could rise again in April, marking the third consecutive increase, adding further financial strain to budgets

Money

Tax warning as higher earners face 'triple whammy' charges costing them almost £4k next year

HM Revenue & Customs figures revealed that in the last year, an additional 100,000 workers had been dragged into the 60 per cent tax trap

Money

Santander cuts interest rates across more than 70 products

The rate cuts affect two, three and five-year fixed rate mortgages

Money

Retirement crisis looms as over 1m Britons trapped in mortgage deals past state pension age

Current retirees are owing an average of £63,644 on their home loans

Money

Households warned energy bills could hit £1,762 in April - the second increase of 2025

The energy price cap could rise another one per cent in April in a blow to households across the UK

Money

Best places to retire 2025 ranked: 'Good-value places where retirees can live better for less'

Cost of living, housing, visas and benefits are just some of the categories used to decide the best places to retire to

Money

Tax blow as an extra 100,000 workers 'falling victim' to 60 per cent ‘tax trap'

Fiscal drag and inflation will pull thousands more into a 60 per cent marginal rate

Money

Villagers face 230% tax hike after parish council goes bust on community centre renovation

Councillors are looking to taxpayers for a lifeline in order to balance the books

Money

Marks & Spencer to knock down flagship Oxford Street store after three year battle

A high court judge ruled that the previous Government made a series of flawed decisions while trying to block the plans

Money

HMRC system error could mean parents with adult children are 'missing out on state pension'

Britons can find out if they're owed extra state pension in under five minutes

Money

Tesco announces major change to Clubcard scheme giving customers money off easyJet holidays

Tesco Clubcard holders can already save up to £385 a year through the loyalty scheme's regular discounts and offers

Money

State pension and Universal Credit payment date to change for millions this month in DWP shake-up

The Department for Work and Pensions (DWP), HM Revenue and Customs (HMRC) and Social Security Scotland are changing payment schedules to ensure claimants receive their money before the festive bank holidays

Money

Benefit claimants can get more money being off sick than doing a job, admits minister

The cost of benefits is set to rise to £100bn by 2030, as the system makes it hard for the long-term sick to find work, Alison McGovern says

Money

State pensioners can get freebies and discounts worth over £7,500 this December

From one-off payments to year-round discounts, these benefits cover essential costs including healthcare, housing, travel and utilities

Money

State pension put 'under pressure' as triple lock 'too expensive' - Britons risk means-tested system

A recent survey has shown that some Britons believe the state pension will still be in place when they retire, however it will not be under triple lock system

Money

Man with 'no money left' shares 5-year journey to making over £100m on Facebook

Adam Stott has become one of the UK's leading business speakers after a remarkable journey from humble beginnings

Money

Nationwide Building Society gains £2.3bn from Virgin Money takeover in welcome boost for customers

Virgin Money assets are now valued at £5.1billion despite its recent sale for £2.8billion

Money

Inheritance tax loophole announced in Budget could see thousands avoid 40% charge

The Budget has left millions of UK residents questioning whether to make the move to retire abroad for tax advantages

Money

Thousands of Britons can save £300 as major energy provider offers half price electricity

The discount aims to help customers manage their electricity usage more effectively

Money

HMRC issues urgent scam warning as 150,000 people targeted with fake tax rebate message

The warning comes as millions of people prepare to complete their self-assessment tax returns before the January 31, 2025 deadline

Money

Britons urged to 'check now or miss out' on free £150 to help with energy bills as deadline looms

The DWP confirms that around three million households could benefit from the scheme

Money

Thousands 'in the dark' about when they'll retire as state pension age 'on its way up' to 70

Taking control of retirement planning can mean people can get the desired retirement they have thought about

Money

Inheritance tax warning: Millions miss out 'two crucial steps' which could help reduce your final bill

Britons are urged to implement various inheritance tax saving measures as 'a lot more people' are being caught out and forced to pay thousands to HMRC

Money

HMRC rakes in extra £500m in inheritance tax as bill becomes 'issue for a lot more people'

From 2027, pensions will become part of an individual's taxable estate

Money

Little known loophole could see pensioners on higher incomes secure an extra £3,900 a year

Pensioners can still qualify for Winter Fuel Payments this year if they make a successful claim for Pension Credit before December 21, 2024

Money

British Gas, OVO and Octopus Energy offers customers up to £2k help this winter and free electric blankets

Energy customers are urged to check what aid is available to them as wholesale prices increased by 10 per cent in October

Money

Retirement crisis looms as 'dramatic shifts' see Britons working until 71 with no pension savings

The average age of retirement for women in the UK has increased by seven years in the last thirty years

Money

DWP issues urgent scam warning to Britons on state pension, PIP and Universal Credit

The link in the message leads to a scam website with UK Government branding asking for personal details

Money

250,000 energy customers to get refund after Ofgem found an error in provider system

E.ON Next will pay £14.5million in refunds and compensation, including writing off debts for nearly 150,000 former customers

Money

UK inflation rises to 2.3 per cent in October - the sharpest increase in two years

UK inflation has risen to its highest level since April driven by an increase in household energy bills, according to official figures

Money

The exact amount needed for a 'comfortable retirement' as thousands risk pension chaos

Pension savers are paying between £201 and £300 into their pension monthly

Money

Lloyds Bank launches new service to help customers claim up to £5,772 a year - check if you're eligible

The bank said the tool has already helped thousands seek support and extra cash

Money

UK retail bosses warn higher prices and job losses 'inevitable' after Budget

Tesco, Sainsbury's, Asda, Marks & Spencer and Next have signed an open letter expressing grave concerns about the impact of National Insurance changes announced in the Budget

Money

Smart meter warning: Energy customers risk overpaying on bills due to supplier 6-month delays

Customers of British Gas, Scottish Power and EDF are all affected

Money

Inheritance tax: Three key ways to cut your bill as new rules could see families pay an extra £234,000 to tax man

A two-decade long freeze on the inheritance tax (IHT) allowance could cost families almost a quarter of a million pounds by 2030

Money

Tesco customers face price rises as supermarket faces £1bn Budget bill

Customers could be hit with price hikes up to eight per cent

Money

Martin Lewis MSE explains how Tesco Clubcard customers can extend their vouchers as £18m set to expire this month

Tesco Clubcard holders are urged to check their voucher expiry date

Money

NatWest banking app down leaving thousands of customers unable to access their money

Over 1000 people complained about the issue, according to Down Detector

Money

State pension warning: Thousands of pensioners face unexpected HMRC tax bill from next year

Many older Britons will have to start paying income tax for the first time since retirement

Money

Lloyds Bank, Halifax and Metro Bank mortgage customers could have saved £347 overnight

Thousands of customers on tracker rates will have seen an automatic reduction in their mortgage prices

Money

Bank of England cuts interest rate to 4.75% - what does it mean for my savings, pensions and mortgage?

The Bank of England base rate has fallen to 4.75 per cent

Money

Bank of England cuts interest rate for the second time this year

The 0.25 percentage point reduction will make borrowing cheaper for households, though it will likely reduce returns for savers

Money

Tesla stocks rise 12% overnight as Elon Musk to benefit if Donald Trump wins US election

Trump has promised to appoint Musk as the head of a Government efficiency commission, if elected

Money

'Good news' for homeowners as Bank of England interest rate cut to see mortgage repayments drop by £384 a year

The Bank of England (BoE) is expected to reduce interest rates this week, providing a much-needed relief for borrowers

Money

Britons issued urgent scam warning as woman loses £190k in Ponzi scheme

Customers will not be refunded if the bank does not class the fraud as a scam

Money

Top savings accounts of the week: 'Good news for savers' as bank offers 'guaranteed return' of 8% interest

Britons are encouraged to check they are getting the best deal available

Money

Sainsbury's and M&S customers face increase to food prices after Rachel Reeves' budget

The grocery industry is expected to be among the hardest-hit by the changes to employer NIC

Money

State pension triple lock could be DITCHED in British territory due to spiralling costs

The island has modelled four different methods in a bid to replace the triple lock

Money

Inheritance tax changes explained as couple reassured they can still pass on pensions tax free

The Chancellor's recent Autumn Budget announcement has sparked questions about inheritance tax on pensions from April 2027

Money

Universal Credit legal battle launched as two mothers 'miss out on thousands' and blame 'discriminatory policy

Two mothers have claimed the two-child policy breaches their human rights

Money

Pension warning: Britons withdrawing £500 a month face 'very real threat' of running out of money in retirement

A pension mistake could see retirees run out of money by the time they turn 82

Money

From M&S to Wetherspoons to Homebase - full list of stores closing in November

Nearly 1,850 store closures have been recorded in the first half of 2024 alone

Money

Homebuyers warned tax bill could hit £11,250 as stamp duty deadline looms

Homebuyers are being warned costs are set to jump by thousands of pounds when the tax cut ends

Money

Pound suffers biggest fall in 18 months as UK borrowing costs soar day after Labour's tax-raising Budget

Over the past three days, the Pound Sterling has dropped by 1.2 per cent

Money

Martin Lewis issues 'bad news' for families after key change left out of Labour's Budget

Since the Child Benefit charge was introduced in January 2013, the threshold has not increased with inflation, drawing more families into paying the charge

Money

Labour's inheritance tax raid to cause 'urgent crisis' as Britons dip into pensions early to avoid death levy

Chancellor Rachel Reeves has announced a significant change to the UK pension system in her first Budget

Money

Budget 2024 in FULL: All the crippling tax and borrowing measures unveiled Rachel Reeves

The Chancellor announced the Labour's first budget in 14 years

Money

Rachel Reeves announces 'hidden pension benefit' which will boost retirement income for millions of people

Workers can benefit from an extra £112 a year in additional pension contributions

Money

Rachel Reeves announces 3 major changes to Inheritance Tax in Budget

Rachel Reeves has made sweeping changes to Inheritance tax in the Autumn Budget today in a bid to raise billions for the Government

Money

Rachel Reeves announces £1,400 'boost' for three million workers ahead of Budget

This increase, worth £1,400 a year for an eligible full-time worker, marks a substantial step towards delivering on the Government's promise of a genuine living wage

Money

DWP alert: 760,000 UK households warned there are just days left to claim free £150 boost for energy bills

A number of energy firms have started issuing the payment but it's not too late to qualify

Money

Credit card myths busted as bank refuses to refund woman £5,000 after holiday provider cancelled booking

Misunderstandings around a key credit rule can limit a consumer's chance of getting their money back after paying with a credit card

Money

Pension savers risk 'double tax' once they die as Labour's inheritance tax raid could cause 'unintended consequences'

Inheritance tax brought in £736m for the Chancellor last month alone, according to the Office for National Statistics (ONS)

Money

Martin Lewis urges two million couples to make 'quick' check to see if they can claim £1,006 before Christmas

Martin Lewis has shared valuable advice for married couples and those in civil partnerships

Money

Pensioners overtaxed by £3,691 each due to 'inherent flaw' in HMRC system - check if you can claim a refund

Around £44.3million has been repaid to people who paid too much tax when first accessing their pension

Money

DWP error means hundreds could see their benefit payments stopped

Households must apply for Universal Credit within three months of receiving their managed migration letter

Money

Savers being short-changed almost £1,000 - check if you're missing out

Some 2.3 million accounts earning one per cent or less, research shows

Money

Pensioner shares energy 'success' that cut £300 off her bills - 'I can't believe the difference!'

Britons can get solar panel installation in their homes with zero upfront costs

Money

Could Labour's pension system shake-up see boosted returns for savers post Budget?

The collective schemes being considered could offer pension savers higher returns – but there are risks involved

Money

DWP set to take money straight from bank accounts and wages in benefit fraud crackdown

Benefit fraud cost taxpayers a record £7.3bn last year

Money

Full list of banks offering customers free cash before Christmas including Nationwide and Lloyds

Customers should evaluate additional features such as overdraft facilities, linked savings accounts, and insurance perks before switching

Money

Homebuyers to be hit with a £2,500 tax rise as Rachel Reeves triggers property market ‘chaos’

The scheme introduced by the Conservatives will come to an end in March next year

Money

State pension warning as millions 'run out of money' and face £2,858 a year shortfall

Experts have warned the state pension will not sustain the kind of retirement people need

Money

State pension warning as 900,000 in 'worrying situation' that will leave them with lower payments

September's inflation reading - the final component in the triple lock equation - came in at 4.1 per cent in the three months to July

Money

DWP update: 120,000 pensioners at risk of losing £300 Winter Fuel Payment despite being eligible - check now

The up to £300 payment used to be issued to anyone of state pension age, currently 66, or older

Money

Martin Lewis urges households to do simple check to save £1,480 on energy bills

Eligible households can receive free insulation, new boilers, and heating controls

Money

UK inflation plunges to 1.7% ahead of the Budget - what it means for your household, mortgage, and savings

CPI rate falls below two per cent for first time in three years

Money

State pension forecast explained as Britons warned they may see money 'knocked off' their state pension

Many Britons have complained that a specific "COPE" figure has mysteriously disappeared from their state pension forecasts

Money

TV licence: 750,000 pensioners could cut their bill from £169 to zero but they don't know about it

Pension Credit acts as valuable gateway to further benefits such as a free TV licence and help with council tax

Money

Pensioners warned of energy devices that 'silently drain power' costing an extra £102 a year

These energy-saving measures could provide a much-needed buffer against rising costs

Money

Council tax raid: 4m pensioners to see finances 'shattered' if Reeves gives councils power over 25% discount

Many older adults are already struggling to keep up with the constant rise in the cost of living

Money

Inheritance tax: 7 year rule explained as grandparents 'gift £100k to grandkids'

Everyone has a £3,000 gift annual exemption, which can be carried forward one year if unused

Money

State pensioners set for automatic £150 boost after Winter Fuel Payment cuts

Customers of key energy firms such as British Gas, OVO, EDF, EON, and Octopus Energy will see the benefits of this policy

Money

700,000 state pensioners hit with unexpected £655 tax bill from HMRC

Many older Britons may have to start paying income tax for the first time since retirement

Money

Over 40s turning to parents to fund retirement amid fears state pension age could rise to 70

The state pension age is already scheduled to increase to 67 between 2026 and 2028, and to 68 between 2044 and 2046

Money

How wealthy do you need to be to worry about Reeves' tax raid in the Autumn Budget?

Asset wealth tends to peak at age 60-64, when Britons have an average of £380,100 in wealth, figures show

Money

Water companies ordered to hand back £158m to customers - but Britons won't get refunded

Ofwat assesses the performance of the 17 largest water and wastewater companies in England and Wales each year

Money

OVO energy are offering free heating for a year worth over £340 - how to apply

The programme unlocks up to £1,000 in exclusive savings and discounts

Money

Pensioners warned 'you have three months left' to act or risk losing DWP benefit

The warning comes as the Government continues its transition from legacy benefits to Universal Credit

Money

DWP benefits crackdown as fraudsters scam taxpayers out of £1bn a year

The Government estimates that these measures could save taxpayers £1.6billion over the next five years

Money

HMRC issues tax code warning as thousands could be paying too much - are you owed money?

Employer mistakes in reporting data to HMRC may also cause errors

Money

Smart meter warning: Units to be forced on thousands of households or they risk higher bills

Those who do not switch could lose the heating and/or hot water provisions in their home or business

Money

TV licence rules explained as Netflix viewers could be facing £1,000 fine next month

Live events are becoming more common on Netflix

Money

Bank of England issues update for anyone with a mortgage

Millions of homeowners coming off fixed deals this year face soaring mortgage costs

Money

Pension crisis looms as almost three millions older Britons face 'bleak retirement'

Millions of Britons face a ‘retirement crisis’ by 2040

Money

Barclays, NatWest and Nationwide customers could see bank payments delayed by 3 days

The move comes as part of efforts to combat the estimated £460million lost to fraud in the last year

Money

Care home costs hit £64,000 a year forcing Britons to dip into savings - check if you can claim £3.5bn help available

Rising inflation and wage increases are among the reasons care home costs in the UK have skyrocketed in the past year

Money

Tesco Clubcard customers have just two weeks to secure free cash in time for Christmas

The deadline to top up Clubcard Christmas Savers accounts is 11:59pm on October 17

Money

Over 450,000 pensioners miss out on triple lock boost and lose £4,900 in state pension payments each year

This freeze particularly impacts those living in Commonwealth countries, with more than 95 per cent of affected pensioners

Money

Octopus Energy and OVO Energy are offering free electric blankets - how to apply

The free energy saving products could help customers to cut costs and keep warm

Money

Smart meter warning: British Gas, Octopus, EDF, and OVO customers urged to act or risk overpaying bills

The Energy Price Cap, which controls what most households pay for energy, will rise by 10 per cent on average from October 1, 2024

Money

DWP explains four reasons why Pension Credit claimants will not get £300 Winter Fuel Payment

The new exclusions to Winter Fuel Payments could affect even those on Pension Credit

Money

Martin Lewis shares loophole which could help pensioners with higher income secure £300 Winter Fuel Payment

Pension Credit is a gateway benefit to many other freebies and discounts which could prove useful as bills continue to rise

Money

Nationwide Building Society launches 3 new benefits for customers including £175 free cash

Nationwide Building society has introduced a £175 switching incentive, one per cent cashback on debit spending, and £50 interest-free overdraft buffer for current account holders

Money

Labour's benefit clampdown: DWP officials set to have access to claimant bank accounts in a bid to stop welfare fraud

The Department for Work and Pensions (DWP) has estimated that 3.7 per cent of benefit spending was overpaid last year to people who weren't entitled to it

Money

TSB banking down as customers left without benefit and salary payments due to online glitch

TSB said the problems started in the early hours of the morning

Money

Tax trap warning as parents could be losing £20k after 'warped' rule change

Families where one parent earns more than £100,000 are excluded from this support

Money

HMRC rake in an extra £300m for inheritance tax sparking fears Rachel Reeves will 'no doubt' target levy in Budget

Chancellor Rachel Reeves could consider closing loopholes and targeting tax breaks as inheritance tax receipts surge

Money

Martin Lewis shares how savers can get an extra £175 before Christmas

Martin Lewis has urged Britons not to delay as the switch could be beneficial

Money

HMRC rule change means parents earning up to £60,000 could now get an extra £2,214 a year

Families are urged to check if they can get grants for computer equipment, musical instrument lessons, and school uniforms

Money

DWP payments could be stopped for failure to act as 280,000 lose their benefits - 'Don’t ignore crucial letter'

The warning applies to those receiving certain low-income benefits

Money

TGI Fridays collapses into administration with 87 sites at risk - full list of locations

The administration process has begun, but TGI Fridays restaurants continue to operate as normal for the time being

Money

Scam warning: Criminals use AI voice cloning to imitate family and friends to ask for cash

Some people could consider agreeing a “safe phrase” with close friends and family members to help them verify the caller is genuine

Money

Fed cuts interest rate by 0.5% - The first drop in four years

This is the first time the US central bank has cut the interest rate since March 2020

Money

Smart meter alert as Martin Lewis warns 'too many are broken'

Martin Lewis wrote to the Energy Secretary warning that installations are being prioritised over repairs

Money

Pension system under pressure as millions on track for 'disappointing' retirement income - 'ticking time bomb'

A fifth of UK workers still do not save in a workplace pension, missing out on extra cash from their employer

Money

British pensioners to see energy bills rise £500 this winter while French counterparts see costs fall - Here are four ways to save

In Britain, a 10 per cent rise in the energy price cap will push typical household bills from £1,568 to £1,717 annually from October 1

Money

Top savings accounts of the week as banks offer 8% ahead of BoE interest rate decision

The savings market has seen a few market-leading fixed rates cut over the past weeks

Money

State pension set for huge increase – check how much you could get

Thousands of pensioners are receiving less than £100 each week on their state pension because they failed to plan ahead, and check their National Insurance records

Money

Bank of England 'to cut interest rates two more times this year'

The next Bank of England Monetary Policy Committee (MPC) is scheduled for September 19

Money

Fears Starmer to target millions of pensioners in council tax shake up at Budget

The single-person discount provides a 25 per cent reduction in council tax

Money

Lloyds set to close an extra 55 bank branches by next year - full list of new locations

Lloyds Banking Group has confirmed they will shut at least 292 of their bank branches in 2024 and 2025

Money

NS&I announces interest rate cuts on a range of fixed-term products - are you affected?

The new interest rates will come in force today, September 11, 2024

Money

Yorkshire Building Society launches new savings account paying 8% interest

Savers can deposit up to £50 a month for 12 months

Money

Tesco customers can now earn double points in Clubcard shake-up...but not for long

This limited-time offer runs from September 9 to September 30

Money

State pension set to rise by hundreds of pounds in just months

State pensioners are set to receive over £400 extra each year, new data shows

Money

State pension shake up could see payments means-tested as older Britons warned 'tough medicine' still to come

As Labour warns of 'tough times ahead', there is speculation that the Chancellor may be looking to alter the state pension system

Money

Royal Mail to increase first class stamp prices next month - Check how much more you will be paying

This marks the fifth increase in less than three years, nearly doubling the price since March 2022

Money

Rachel Reeves told to rethink Winter Fuel Payment cuts as 800,000 'older lives put at risk'

Prime Minister Keir Starmer has defended the controversial decision, explaining the Winter Fuel Payments changes are an economic necessity

Money

DWP update: Thousands can qualify for £300 Winter Fuel Payment without having to claim Pension Credit

The DWP has confirmed that eligible individuals will receive payments directly into their bank accounts during November or December

Money

Labour's pension system overhaul could leave savers £217,000 better off in retirement

The Chancellor launched a landmark review to boost investment, increase pension pots and tackle waste in the pensions system

Money

HSBC, Barclays and NatWest to cut mortgage rates on range of products as competition heats up - How much can you save?

Competition is heating up as three major banks are cutting their rates from tomorrow

Money

Millions to get free cash and vouchers this winter as Household Support Fund extended

A further £421million extension has been added to the Household Support Fund

Money

Helping your child become a millionaire is 'more achievable than you think' as thousands amass £100k before turning 18

Britons can invest £20,000 into an ISA every year, tax-free

Money

'Nothing will be safe!' Middle class tax raid fears erupt as Starmer tipped to target three major areas ahead of 'painful' Budget

Savers fear they may have to sell shares and property to avoid losing cash if the Chancellor raises taxes in the upcoming budget

Money

Wetherspoon announces update as new pub set to open next week

The new pub will create 70 jobs at the venue

Money

'Pain is coming' - Starmer issues stark warning of crippling tax hikes and spending cuts in just weeks

Keir Starmer has warned the Autumn Budget in October "is going to be painful"

Money

DWP launches new tool to help state pensioners claim an extra £434 a month - can you apply?

Millions of state pensioners have been able to claim extra financial support via the DWP

Money

Barclays bank offers £175 free cash for new customers but not for long - check if you can claim

The switching deal comes to an end on August 30

Money

Rachel Reeves to 'capitalise on inheritance tax to fill gaps in public finances' at Budget as HMRC rakes in £2.8bn

The increase in inheritance tax receipts is partly due to the frozen tax thresholds

Money

Thousands of families missing out on £4,000 boost with special HMRC code - can you claim?

To claim this extra support, households must act before the deadline

Money

Inheritance tax: 7 year rule explained as thousands fall foul and hit with 'unexpected bill'

Gifting is a great tool to lower ones inheritance tax bill but done wrong can end up costing thousands extra

Money

Martin Lewis explains 'key rule' when making mortgage overpayments as one woman saves £21,000 in interest

Those with cash to spare will find that they may be able to cut years off their mortgage and save in interest too

Money

Yorkshire Building Society launches 'best buy' mortgage deal and reduces rates by up to 0.20%

This is the Building Society's second August rate cut to help prospective home buyers

Money

Energy price cap hike could raise bills by over £550 for thousands of households

The price cap, will rise 10 per cent in October, to an average of £1,717 a year, according to Ofgem

Money

Ted Baker 'a cautionary tale' as all stores disappear from high streets today

Ted Baker shops are to disappear from British high streets by the end of the day

Money

HMRC warns thousands of households could see benefit payments stopped as deadline to act looms

Parents can 'quickly and easily' extend their Child Benefit claim online

Money

Bank branch closures slammed 'a national disgrace' as town's last two banks set to shut its doors for good

As banks continue to close down, some Britons are left to travel miles to find their closest branch

Money

State pension inheritance explained as widow told she doesn't qualify as her late husband died too young

Those who lose their spouse before turning 66 are being urged to check they are not losing out on the state pension they can inherit

Money

US ‘teetering on the possibility of recession’ amid hints of interest rate cuts

US annual inflation rate dipped below three per cent in July for the first time since 2021

Money

Households could face a 9 per cent rise in energy bills this winter as price cap to jump to £1,714

Energy regulator Ofgem will announce the energy price cap for October to December on Friday, August 23

Money

DWP warns Carer's Allowance claimant her case 'will go to CPS' if she doesn't repay £3,900 breach

The carer had to pay a 50 per cent charge on top of an existing agreement to repay £2,600 in Carer’s Allowance overpayments

Money

Inheritance tax: Five ways to beat the death tax as HMRC rakes in a record-breaking £7.5bn

HMRC took a record-breaking £7.5 billion in inheritance tax (IHT) last tax year

Money

Popular coffee shop sees highest price rises in 5 years - more than rivals Starbucks and Costa

The seven most popular drinks have increased by at least £0.90 in the last five year, new research has shown

Money

HSBC promises no more bank branch closures until 2026

HSBC is planning to spend more than £50 million this year on updating and improving its branch network

Money

Top places to retire ranked: How much is needed to 'enjoy your later years' in Europe

Considerations such as average rent, cost-of-living index, number of green spaces, and how many cafés there are can make a significant difference when it comes to choosing where to retire

Money

Britons urged to check if they can get council tax discounts up to 100% as 1.3 million struggle to pay bills

Council tax arrears have risen to £6billion a year, new research has found

Money

How much is needed for a comfortable retire? Provider launches new tool to calculate it for you

Britons are urged to make a simple check to find out whether they are on track for the retirement they want

Money

State pensioners warned little known rule could 'catch you by surprise' and cost you £4,258 a year

Britons looking after family or friends can get £81.90 a week through Department for Work and Pensions (DWP) via Carer's Allowance

Money

Octopus Energy giving thousands of pensioners up to £200 following Winter Fuel Payment cuts

Octopus Energy has announced an extension to its £30million Octo Assist fund

Money

State pension warning as 500,000 Britons could miss out on £935 a month triple lock rise next year

Around 170,000 Britons have had their pension frozen for over 20 years, new figures show

Money

Martin Lewis MSE explains how Tesco customers can extend their Clubcard vouchers as £14m to expire this month

Around £14 million-worth of Clubcard vouchers are due to run out on Saturday August 31

Money

NS&I launches new range of British Savings Bonds for first time in 15 years

The move follows a cut in the Bank of England base rate last week, from 5.25 per cent to five per cent

Money

Stocks surge back as Asian markets on the recovery after worst day in decades

The FTSE 100 joined the rebound in global markets today as it rose by 0.3 per cent, after logging its worst fall in more than a year on Monday

Money

Nationwide Building Society's mortgage lender cuts interest rates in bid to remain 'most competitive'

Mortgage rates are being reduced following the base rate cut decision from the Bank of England last week

Money

Three water companies hit with £168million fines after failing Ofwat wastewater investigation

The penalties proposed will see Thames Water fined £104 million, Yorkshire Water fined £47 million and Northumbrian Water fined £17 million

Money

Virgin Money launches new savings account paying 10 per cent interest rate

Savers can put away £250 a month for 12 months and secure the high interest

Money

'Little known' state pension loophole could see thousands of women handed £45,604 from DWP

Women who reached state pension age before April 2016 could be among those eligible

Money

NS&I explains how thousands of customers can get access to a new exclusive interest rate

NS&I; has launched a new issue of its Guaranteed Growth and Income Bonds for existing holders

Money

Poundland customers could grab instant £1,000 cash for FREE in major giveaway

The 'Grand in Your Hand' promotion will begin on Saturday, August 3

Money

Thousands get up to £800 discount on council tax bills as people in arrears hit £6bn - can you claim?

Outstanding council tax arrears in England have risen by 67 per cent in the past five years

Money

Full list of cheapest energy fixes as price cap to rise 10 per cent this winter

The next energy price cap review is set to take place in August and will be effective from October 1, 2024

Money

Rachel Reeves plots 'great betrayal' as she admits 'I will have to raise taxes'

The Chancellor announced a package of cost-saving measures to come as she attempts to fill a £22billion hole in the public finances that she claimed had been left by the last Government

Money

Three million savers could be missing out on £1,200 savings boost - can you claim?

Savers can get a 50 per cent government boost on their savings

Money

British Gas to start paying energy bills for thousands of customers

British Gas will match energy payments made by customers who are struggling and most in need of help

Money

Millions of households can cut their BBC TV licence bill from £170 to £0 - check if you're eligible

Britons need a TV licence to watch live television

Money

HMRC to send tax demand to 140,000 pensioners in weeks for the first time since they retired

More and more pensioners are now paying tax into retirement because their state and private pension income is exceeding the frozen income tax threshold

Money

State pension triple lock increases to cost taxpayers an extra £1,200

An expert has warned many taxpayers are continuously being hammered with something they will not likely enjoy for themselves

Money

Skipton Building Society launches new mortgage range including £1,500 cash back

Terms of up to 40 years are available and Skipton Building Society will lend up to 5.5 times loan to income

Money

Martin Lewis warns 1m state pensioners missing out on 'crucial support' worth £3,700 a year - can you claim?

An 89 year old woman was able to secure an annual increase of £7,956 after claiming this crucial support for pensioners

Money

Woman earning £50,000 fears 'I won't ever own a house and it's just depressing'

Average private rent prices in the UK increased to £1,310 in June 2024, according to official figures

Money

Households risk £190 increase in energy bills due to 'storage fears' in Ukraine

The prediction follows the recent jumps in energy futures contracts

Money

Inheritance tax warning as families have just months to pay bill once loved one passes away - 'timing is crucial'

HM Revenue and Customs (HMRC) will charge interest if a family does not pay inheritance tax by the due date

Money

Best places to retire in the UK ranked with average house prices as low as £180,000

Considerations such as property prices, crime rates, amenities, and entertainment can make a huge difference when it comes to choosing where to enjoy retirement

Money

HMRC rakes in an extra £1.9bn in personal tax despite National Insurance cuts

Income Tax, Capital Gains Tax and National Insurance Credits receipts for April 2024 to June 2024 have hit £108.3billion

Money

Millions warned they may face wage delays next week as global IT outage hits payroll systems

Cybersecurity firm Crowdstrike has stated that a "defect" in a software update has caused the IT outage currently affecting all sectors worldwide

Money

Bank of England hit with 'global payments issue' delaying house payments

The Bank said it was working to resolve the issue with the CHAPS system

Money

Yorkshire Building Society launches new savings bond offering 4.25 per cent interest rate

For each bond that is opened, the Building Society will make a one - off payment to FareShare charity

Money

Savings warning: 'Top-pick' account to be cut within hours - 'last chance' to claim 5.1% interest

The offer is available for new and existing customers

Money

Over 500,000 Britons caught in 60% tax trap and pay more than those on higher salaries - how to avoid it

The number of people caught by the 60 per cent tax rap went up by 23 per cent in the past year, new figures show

Money

Yorkshire Building Society reduces mortgage rates for second time in two weeks

Competition between mortgage lenders continues as the Bank of England base rate decision looms

Money

Bank of England August rate cut 'unlikely' as new government faces 'uphill struggle' to boost UK economy

The stronger than anticipated GDP forecast means that the Bank does not need to rush to cut interest rates

Money

JD Wetherspoons announces 10 more pubs up for sale - full list of closures in 2024

In the past year, Wetherspoons has opened two pubs but sold or surrendered the lease on 26 pubs

Money

'I have to sacrifice so much so they have enough' - Man forced into Buy Now Pay Later schemes to afford his parents' care fees

The demand for people searching for elderly care services has more than doubled since the beginning of the year

Money

Aldi to open new stores across the UK 'in coming months' - full list of new openings

Aldi is on track to open 35 new stores in total this year

Money

'Dad's dead - what next?': Six documents you need to help transfer wealth to loved ones after you pass away

Ensuring the right documents are in place after a loved one has died is "crucial" for the inheritance tax declaration and the distribution of the estate

Money

Barclays launches £175 free cash offer plus 5.12 per cent interest rate

Barclays has become the latest bank to offer free cash as a switching incentive for new customers

Money

Inheritance tax: 'The one effective strategy' which can save you tens of thousands off your bill

More families are being caught in the inheritance tax net because the threshold has been frozen since 2009

Money

Rachel Reeves warns 'there's not a huge amount of money' after assessing UK's finances

The new Chancellor of the Exchequer said she would lean on the private sector to cover the shortfall

Money

Sainsbury’s to close 20 Argos stores on the high street

Sainsbury's has shut 72 standalone Argos stores since March 2023

Money

The simple change that could help you retire 3 years earlier with a £20k pension boost

With effective retirement planning, Britons could potentially buy themselves more retirement time

Money

Universal Credit claimants could get freebies and discounts worth thousands this July

Around 6.7million people currently claim Universal Credit in the UK, according to the latest statistics

Money

Inheritance tax shock as 3.6m couples at risk of unexpected bill - 'stressful and expensive'

There are several tax benefits cohabiting couples miss out on as they are not recognised as being in a "legal relationship"

Money

Last day to get free £100 cash boost from Nationwide - eligibility explained as millions miss out

Around 3.85 million people are eligible for the £100 Fairer Share Payment from Nationwide Building Society

Money

HSBC issues apology after banking app outage sees thousands of customers unable to access their accounts - 'I have bills to pay!'

According to DownDetector, over 7,000 users reported issues with the HSBC banking app

Money

UK economy rebounds from recession as GDP growth 'stronger than expected'

The UK economy grew by 0.7 per cent between January and March

Money

Savers urged 'now is the time to fix' as leading accounts could offer £1,057 boost

The Bank of England are expected to drop the base rate in August meaning savers could be running out of time to secure higher interest rates

Money

Tesco customers can get free Clubcard points worth £50 - check your eligibility

Tesco Clubcard has partnered with OVO to offer big rewards for new and existing customers

Money

State pension alert as Britons £900 better off since 2010 - 'Pensioners are the biggest winners'

Even with state pension age rising in past years, the number of people claiming the state pension went up by around 570,000, new research has shown

Money

Grandparents urged to claim 'valuabe credits' this summer which can boost state pension by over £6,000

More than 123,000 applications for Specified Adult Childcare Credits (SACCs) have been approved, latest figures from HMRC have shown

Money

Best savings interest rates of the week as banks offering 8%

As the base rate remains at 5.25 per cent, savers are urged to secure the interest rate possible on their savings

Money

'Biggest hit to tax' could see thousands paying £620 more

The Chancellor confirmed that numerous personal tax thresholds will remain frozen until April 2028

Money

TSB offers free £160 cash plus choice of reward - but deadline looms

TSB is offering new customers the chance to earn double cashback

Money

Millions of Britons 'will still pay tax on their state pension' under triple lock plus policy

Cuts to the real value of income tax allowances and big increases in the value of the state pension have led to an increase of more than two-thirds in the number of over-65s paying income tax since 2010

Money

State pensioners with certain health conditions can get up to £434 extra a month from DWP - can you claim?

Nearly 1.6 million older people were receiving additional financial support through Attendance Allowance, the latest DWP figures have shown

Money

Martin Lewis explains how to boost your inheritance tax free allowance to £500,000

Less than four per cent of estates paid inheritance tax in 2020/21, but this is set to rise to more than seven per cent by 2032/33.

Money

UK households at ‘breaking point’ as unsecured debt set to rise by over £1,600

Unsecured debt could see a real-terms surge of 9.4 per cent per household on average

Money

NatWest cut mortgage rates ahead of BoE interest rate decision

The reductions follow the inflation figures released today which saw the consumer Prices Index (CPI) rise by two per cent in the 12 months to May 2024

Money

HMRC 'leave no stone unturned' in inheritance tax crackdown as they recover unpaid £1.39bn - how to avoid bill

The amount of inheritance tax recovered following investigations increased to £285million in 2023/24, up from £251million in the previous year

Money

Millions of Nationwide customers set to receive free £100 bonus in their accounts from this week

Payments will be made to eligible customers between June 13 and June 28

Money

'Pensioners could soon be taxed on state pension income' as Labour fails to rule out stealth tax changes

The Labour Party revealed its manifesto today ahead of the General Election on July 4

Money

DWP shake up leaves 1.6 million Universal Credit claimants £2,000 worse off

Once Universal Credit has been fully rolled out, around eight million families will be entitled to the benefit

Money

Skipton Building Society launches new three year income bond offering pensioners an extra £93 a month

The product is for Skipton members aged 66 or over and pays a monthly income

Money

Yorkshire Building Society launches new range of fixed rate bonds offering up to 4.75% interest rate

All new bonds can be opened with a minimum balance of £1,000

Money

Provider offers top 5.2% easy-access cash ISA - and it pays more than top savings too

As the base rate remains at 5.25 per cent, Britons are urged to get the highest interest possible for their savings

Money

Full list of high street store closures in June 2024 - including Clarks, Marks and Spencer and WHSmith

High street shops across the UK continue to close as Britons grapple with the cost of living crisis

Money

Saffron Building Society launches 'market leading' 8% regular savings account - but for a limited time only

The Members’ Month Loyalty Saver is a limited-edition account for existing members

Money

NS&I quietly increases interest rates across savings accounts

National Savings and Investments (NS&I;) has increased the rates on two of their accounts last week

Money

Labour and Tories rule out a rise in VAT if they win election

Jeremy Hunt has ruled out any changes to income tax, national insurance and VAT if the Conservatives win the General Election

Money

TSB issues apology after major outage left customers unable to access their accounts

More than 1,700 users reported issues with their TSB app, according to DownDetector

Money

Pensioners swindled out of over £20,000 on their doorstep in growing scam

People in their 80s are most likely to be targeted by criminals carrying out courier fraud, new data shows

Money

Martin Lewis explains if now is a 'strong time to fix' on energy tariffs as cheapest deal 9% below price cap

There are four standalone energy fixes which are cheaper than the current energy price cap

Money

Rishi Sunak pledges £2.4bn tax cut for pensioners with 'triple lock plus'

The “triple lock plus” is estimated to cost £2.4billion a year by 2029/2030

Money

NatWest 'sorry' for banking app and website 'glitch' which left thousands unable to access accounts

NatWest customers were left unable to access their mobile banking app and internet banking for hours this morning

Money

'Inheritance tax warning as 'common mistakes' could leave you paying thousands more

Inheritance tax receipts were £85million higher in April 2024 than in April 2023

Money

Best places to retire ranked: 'Fantastic' areas which offer 'the best value for money'

Considerations such as overall satisfaction rating, the typical cost of a home in each area, local crime rate, proximity to parks, and distance to essential facilities have been analysed to determine the best areas to retire in the UK

Money

TSB launches up to £160 free cash to new customers who switch bank accounts - plus choice of free reward

TSB's cashback offer is being raised from £5 to £10 a month

Money

What the General Election could mean for pensions, mortgages and tax rules

Prime Minister Rishi Sunak announced that a General Election will be held on Thursday July 4, 2024 which could mean a change to people's finances

Money

Nationwide Building Society launches three new benefits for customers including return of £100 bonus payment

Nationwide Building Society's second round of the Fairer Share Payment will be paid directly into eligible current accounts next month

Money

Relief as inflation drops close to BoE target for first time since 2021

The inflation cut will put further pressure on the Bank of England to cut interest rates from their 16-year-high of 5.25 per cent.

Money

'Concerning' state pension knowledge gap leaves retirees with less than expected

One in seven retirees are receiving less money from the state pension than expected, new research shows.

Money

German property market worsens as foreign buyers drop to 10 year low

International investors are evading German property deals as they attempt to steer clear of a market in its worst crisis in a generation

Money

Pension savers risk missing out on average over £9,000 in retirement - check if you are owed sum

Putting off pension admin could mean losing out on thousands in retirement

Money

Best savings accounts this week as savers urged to consider all interest rate options and consider switching

As interest rates remain high, savers are urged to get the best rates possible on their savings

Money

Cash warning as nearly half of people expect to see the UK go cashless in their lifetime

In 2023, legislation was passed as part of the Financial Services and Markets Act, to protect access to cash

Money

Clarks confirms date 'superb' branch will close its doors for good - customers have just weeks left to shop

So far this year, Clarks has already announced the closures of six other stores

Money

Octopus Energy launches 'zero bills mortgage' guaranteeing 'no energy bills for 10 years'

The Zero Bills initiative offers Britons a lower rate mortgage if they opt for buying a sustainable home

Money

TSB branch closures to leave town bankless - sparking fears local businesses will end up refusing to accept cash

Residents will now have to go to neighboring towns to access any banking facilities

Money

‘Little known fact’ that can help you pass down ‘significant sums’ inheritance tax-free

The average inheritance tax bill could increase to £243,000 in the 2023/24 tax year

Money

DWP slams calls to make state pension over £200 a week for all pensioners

An online petition is advocating for equal pay between those on the basic state pension and the new state pension

Money

Santander launches £175 free cash and you don't have to bank online to get it

Those who switch to Santander will get paid within 90 days of starting the switching process

Money

Thousands of divorced women could be missing out on pension savings worth £4bn

Individuals could be missing out on £30,000 of pension savings, on average

Money

British Gas launches new scheme to pay bills for thousands of customers

British Gas says the new ‘You Pay: We Pay’ scheme will launch in June

Money

British Gas and E.On bosses call for 'progressive social tariffs' to 'end postcode lottery' on energy bills

If the changes go ahead, customers could see standing charges being abolished

Money

Martin Lewis issues 'important' message to those under 73 to check if they can turn £800 into £5,400

Britons can pay to plug their National Insurance gaps back to 2006, however the deadline to do this is fast approaching

Money

Homeowners could save over £100 a month on their mortgage with a small change

As mortgage rates remain high, many Britons will be looking for ways to cut down on their monthly bills.

Money

Tesco warns 'time is running out' as £17million Clubcard vouchers to expire this month

The vouchers need to be used by midnight on May 31

Money

Rishi Sunak rules out hiking state pension age to 75

Scrapping National Insurance would cost the Government £46billion, according to Labour

Money

Rishi Sunak fails to rule out raising state pension age to 75

Rishi Sunak was pressed on a proposal to raise the state pension age to 75 during Prime Minister’s questions (PMQs) yesterday

Money

Attendance Allowance is changing in Scotland - key dates to note

Those eligible for the new benefit can receive between £290 and £434 a month depending on their needs

Money

Millions of Britons are missing out on council tax support worth £1,513 each

Households across England have seen their council tax bills rise on average by five per cent

Money

MPs press DWP over potentially underpaid state pensions to divorcees

The DWP is being urged to investigate whether divorcees have potentially received underpaid state pensions

Money

HMRC boss won’t rule out future phone line closures as it’s ‘part of strategy’

HMRC halted its decision to close its tax return phone line for six months each year after a backlash from MPs and trade bodies

Money

Pensioner had no idea she was missing out on state pension top-up Pension Credit

Pensioners entitled to Pension Credit but not claiming it are missing out on £2.162billion in support, according to research by Policy in Practice

Money

British Gas customers save £450 on energy bills with 'small hacks'

Energy saving hacks include replacing traditional lighting with LED bulbs and reducing the heating temperature

Money

Britons warned high pension charges could cost up to £18,000 in retirement

There are around 2.8 million lost pensions in the UK worth around £26.6billion

Money

Millionaire explains how he grew wealth with an ISA - and what 'made a difference'

The young millionaire started investing in an ISA when he was 18

Money

Superdry to close 'exceptional' branch today after 12 years

Retailers have pointed to a drop in sales as one of the reasons behind store closures

Money

PIP claimants could be owed up to £12,000 in back pay after DWP rule change

A court ruling in 2019 has changed the DWP's PIP assessment rules

Money

Boots could be set to open new store in boost for high street

Boots Opticians is set to open in Coney Street, York

Money

UK faces 'hidden poverty crisis’ among over 60s as state pension age rises

The UK is facing a “hidden poverty crisis” as almost 1.2 million Britons aged 60 to 65 live in poverty, figures have shown

Money

Britons risk ‘very bleak future’ as thousands empty pension pots before retirement

The Pensions Freedom Act in 2015 opened up ‘Pandora’s box’ as an increasing number of savers are withdrawing too much from their pensions too early on, an expert has said

Money

NatWest and Barclays to limit cash deposits - is your bank imposing strict new rules?

The Financial Conduct Authority has encouraged banks across the UK to impose cash deposit limits, in a bid to stop money laundering

Money

Barclays is introducing new cash deposit limit within weeks

The new limit on cash deposits will be introduced for all customers from July 1

Money

Britons could get £7,500 energy upgrade but £173m unclaimed

The Boiler Upgrade Scheme offers households a £7,500 grant towards the cost of heat pump installation

Money

Abolishing stamp duty land tax relief could see 60,000 jobs at risk in just months

A stamp duty land tax loophole will be abolished from June 1, 2024

Money

'Hidden horrors' for retirement planning could cost you an extra £300 a month

State pension age is currently 66, however it is set to rise to 67 and then 68

Money

British Gas customers could get 50 per cent off electricity each week – are you eligible?

The PeakSave Sunday scheme has been extended until September 8

Money

How much can opting out of your workplace pension actually cost you?

Millions are choosing to opt out of pension contributions in order to afford their basic daily living costs

Money

Royal Mail stamps: How to spot a 'counterfeit' stamp

Britons have been charged with a £5 penalty for their post due to “counterfeit” stamps, despite being bought from reputable places such as Post Office, a GB News investigation has found

Money

Lloyds Bank launches 'first of its kind' ready made pension service

Millions of customers will now be able to combine up to 10 existing pension pots

Money

Thames Water £18billion debt pile to come 'at huge cost to the taxpayer

Thames Water has previously suggested taking shorter showers and watering plants less often to save money

Money

Slash benefits and taxes to get more people into work as 9.25m unemployed, IMF says

Unemployment levels have risen to 9.25 million people in the UK

Money

Benefits warning as ‘honest mistake’ sees carer lose £16,000 inheritance to DWP

Over 145,000 carers were asked to repay sums relating to earnings breaches last year, the DWP has said

Money

Households in Scotland to pay up to £780 less in council tax and water bills than England and Wales

Scotland now has six tax bands, compared to other parts of the UK

Money

Millions of Britons missing out on free savings boost sparking call to check savings accounts

Millions of Britons could be missing out on hundreds of pounds extra each year

Money

Millions of workers to get £900 pay boost from tomorrow as new tax year begins

Around 29 million workers in total will benefit from the tax cuts

Money

Millions on tracker mortgages could see their monthly repayments cut by £300 a month

Analysts predict the Bank could lower the base rate by 0.25 percentage points in their June meeting

Money

485,000 families to see £1,260 boost from next week

The threshold for the High Income Child Benefit tax Charge (HICBC) is increasing from £50,000 to £60,000

Money

Bank branch closures to create 'banking desert' in 400 towns - full list of areas affected

At least 245 bank branches are set to close this year creating a ‘banking desert’ across the UK

Money

Stealth tax raid to hit 1.6 million more pensioners

Approximately 9.3 million older people will be paying income tax by 2028

Money

‘Hidden pension benefit’ could see workers retiring with an extra £37,000 ‌

The National Living Wage for those aged over 21 will increase from £10.42 an hour to £11.44

Money

Thames Water boss won’t rule out bill increases of up to 40 per cent to save company’s future

A rescue funding plan drawn up in July has fallen through ahead of the first payment

Money

Nationwide announces interest rate cuts on range of products up to 0.40 per cent

The new rates have come into effect today, March 26

Money

Papa Johns set to close 43 sites - full list of locations

The company will attempt to find redeployment opportunities for staff members who will be affected by the closures

Money

4 million British Gas, OVO, Octopus and EDF customers warned their smart meters may not be working properly

The number of smart meters not operating properly in UK has reached 3.9million, new figures have shown

Money

Royal Mail announces ‘convenient' change for shoppers in 1,500 areas from next month

Royal Mail customers will be able to use lockers for the first time to send packages

Money

15,000 Waspi women demand action as Hunt confirms triple lock but refuses to commit to compensation

The Government have been urged to compensate thousands of women, including Waspi (Women Against State Pension Inequality) campaigners, who were affected by short notice changes to their state pension age

Money

Millions of over 55s unaware they may face 40% tax – check if you’re affected

Rising house prices and frozen thresholds means more and more families are unexpectedly being caught in the inheritance net, forced to pay thousands to HMRC

Money

HMRC rakes in extra £400million in inheritance tax but there’s an ‘easy way’ to cut bill ‌

As inheritance tax receipts continue to rise, Britons are reminded they can claw back some cash from the taxman with effective tax planning

Money

DWP still owes £1billion in ‘underpaid’ state pension payments

Many people did not receive the state pension they were entitled to under their husband’s National Insurance record due to historic DWP errors

Money

Bank of England holds interest rates at 5.25 per cent despite inflation drop

The Bank of England hiked the base rate 14 consecutive times between 2021 and 2023 in an attempt to mitigate the impact of inflation on the economy

Money

State pension amounts falls £200,000 short of basic standard of living in retirement

The full new state pension is currently £10,600 per year

Money

Martin Lewis suggests ‘stocking up’ on stamps now as Royal Mail price hike looms

Royal Mail has announced the price of a first class and second class stamp will increase by 10p to £1.35 and 85p respectively from April 2

Money

Savers warned ‘clock is ticking’ as inflation fall could spark cuts to high interest accounts

As inflation falls to its lowest level in two years, savers are urged to secure the highest savings rates they can find as a reduction in interest rates could follow

Money

Best Junior ISAs: Young savers can get up to 5.5 per cent interest rate

As the tax year end approaches, Britons may want to act quickly to make the most of their children’s Junior ISA allowance in 2023/24

Money

Marks and Spencer plans to close a popular high street store - check if you're affected

M&S; explained the proposed closures are due to a consistent decline in sales