Category : Search result: late payment interest


Mortgage shock for 4.5 million UK households

Nearly half of UK mortgage holders will see bills rise by £768 a year as fixed deals expire. The Bank of England warns of payment shocks despite recent rate cuts.

HMRC slashes interest rate for late taxpayers

HMRC is reducing interest on late tax payments from 8% to 7.75% from January 9, following the Bank of England's base rate cut. Learn the new rates and key self-assessment deadlines.

Former Wolves player's wine bar could lose licence

Chill Wine Bar in Tettenhall, owned by ex-Wolves defender Mo Camara, faces a licence review after further late-night breaches. The council cites a 'blatant disregard' for rules. Read the full story.

UK GDP growth slows to 0.1% in Q3

The UK economy slowed sharply between July and September, with GDP growth of just 0.1%. A slump in car manufacturing and falling household savings highlight the pressures. Read the full analysis.

HMRC hikes penalties for late tax returns in 2026

HMRC introduces stricter late-filing penalties and higher interest rates for the January 2026 tax deadline. Learn how to avoid costly fines and ensure your tax return is filed on time.

Monzo cuts interest rates on savings pots

Monzo is reducing the interest rate on its 1p Savings Challenge and Instant Access Pots from January 6, impacting customer returns. Find out how this change affects your savings.

Pensioners due £308 after DWP PIP error

Thousands of UK state pensioners may be owed a £308 back payment due to a DWP legal error on PIP mobility awards. Check eligibility and how to claim now.

HMRC cuts late payment interest from 29 December

HMRC announces lower interest rates for late tax payments and repayments following the Bank of England base rate cut. New rates take effect from 29 December 2025. Find out how this affects you.

Cash ISA Rates Cut After Bank of England Move

Trading 212 cuts interest rates on its Cash ISA and other products following the Bank of England's decision to lower the base rate to 3.75%. Find out what it means for savers.

Bank of England cuts interest rate to 3.75%

Prime Minister Keir Starmer welcomes the Bank of England's latest interest rate cut, highlighting government action on the cost of living. Read the full story.

Nationwide Slashes Mortgage Rates from January 2026

Nationwide Building Society will reduce its Standard Mortgage Rate by 0.25% to 6.49% from 1 January 2026, following the Bank of England's base rate cut. Find out what this means for your repayments.

Bank of England cuts interest rates to 3.75%

The Bank of England has cut interest rates for the first time since August, reducing Bank Rate to 3.75% in a tight 5-4 vote. Governor Andrew Bailey cited rising unemployment and moderating inflation. Read the full analysis.

Bank of England Cuts Base Rate to 3.75%

The Bank of England has cut the base interest rate to 3.75%. Martin Lewis explains what this means for your mortgage, savings, and loans. Read his full analysis.

Bank of England cuts interest rates to 3.75%

The Bank of England has cut the base rate to 3.75%, signalling a shift for savers and borrowers. Experts urge immediate action to secure top savings deals before banks follow suit.

BoE Cuts Interest Rates to 3.75% After Budget

The Bank of England has cut interest rates to 3.75%, its sixth reduction since the election. Governor Andrew Bailey warns of a 'sharper downturn' risk as growth forecasts are slashed. Read the full analysis.

Major bank savings rates fail to beat inflation

Savers with Lloyds, Halifax, HSBC, NatWest and Santander are seeing their wealth eroded as interest rates lag behind CPI. Experts urge considering investments to protect long-term finances.

UK inflation falls more than expected to 3.2%

UK inflation fell sharply to 3.2% in November, the lowest rate in eight months. The surprise drop, driven by food prices, makes a Bank of England interest rate cut highly likely. Read the full analysis.

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