Category : Search result: savings bonus


DWP claimants can get £1,200 HMRC bonus

Chancellor Rachel Reeves announces the Help to Save scheme is now permanent, offering Universal Credit claimants a 50% bonus on savings, up to £1,200. Learn how to apply.

Debenhams CEO's £150m Bonus Scheme Unveiled

Debenhams launches a controversial executive bonus scheme, with CEO Dan Finley in line for up to £148.1m if the retailer's share price soars. Read the full details of the high-stakes turnaround plan.

Scrap DWP £10 Christmas Bonus, Writer Urges

A Telegraph writer argues the UK can no longer afford the £186m annual DWP Christmas Bonus paid to over 18 million people. Discover who qualifies and the debate.

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.

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.

HMRC Christmas Bonus Tax Warning Issued

HMRC warns a Christmas work bonus could push you into a higher tax bracket. A £10,000 bonus risks 40% tax. Experts recommend 'bonus sacrifice' into your pension.

HMRC's Christmas bonus tax warning for UK workers

HMRC issues a warning to UK employees receiving Christmas bonuses. Experts explain how tax bands can slash your take-home pay and offer smart strategies, like pension sacrifice, to protect your money.

Urgent warning for UK savers ahead of rate cut

Finance experts urge UK savers to move their money as the Bank of England is tipped to cut the base rate from 4% to 3.75% this week. Find out how to protect your savings.

Millions Warned to Withdraw Cash Now

UK savers are urged to act as billions in interest is lost due to account inertia. Experts warn now is the time to move money for better rates.

HMRC Sends New Tax Codes to UK Households

HMRC is issuing revised tax codes midway through the 2025/26 tax year, impacting savers. Check your code now to avoid over or underpaying tax on your savings interest.

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