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 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.
Unemployment in Wales has surged to 6.1%, affecting 94,000 people, while economic inactivity remains stubbornly high at 24.5%. Explore the latest ONS data and political reactions.
Santander is reducing the interest rate on its Edge Up current account from 2.5% to 2.1% from December 17. Find out how this change affects your balance and what other perks remain.
UK unemployment rises to 5.1% with 22,000 fewer payrolled workers in September. Wage growth cools as the Bank of England faces pressure to cut rates. Read the full analysis.
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.
Dozens of UK bank branches are set to close in early 2025, impacting NatWest, Santander, Lloyds, Halifax, and Bank of Scotland customers. See the full list of affected locations.
Experts warn UK savers to lock in top bond rates now before a potential base rate cut. The top one-year bond rate rose in November for the first time since July.
LHV Bank unveils a competitive 4.25% AER easy-access savings account. Discover the details and how recent ISA changes make this a timely option for UK savers.
Santander is offering customers £100 cashback to take out a new life insurance policy. The offer comes as Nationwide announces significant mortgage rate cuts.
Nationwide Building Society has cut selected fixed mortgage rates to as low as 3.58%, offering a Christmas boost for home buyers and movers. Read the full details and expert reaction here.
Nearly 900,000 UK households with £3,500 or more in savings may receive HMRC letters about tax on interest. Check your Personal Savings Allowance now to avoid surprises.
A new Santander report reveals 71% of UK customers feel financially knowledgeable, but 48% wish they learned more about pensions. Mandatory school lessons are coming.
Allica Bank's new digital account offers UK businesses high interest on idle cash and cashback, potentially earning firms £10,000. Discover how to boost your bottom line effortlessly.
Santander UK issues 10 urgent demands to the Labour government, calling for a consumer-first payments strategy as fraud prevention tops public priorities. Read the full report.
Santander UK has passed the Bank of England's 2025 stress test, confirming its capital strength. The bank says customers can be confident it will continue lending. Read the full update.
The Bank of England's latest data shows new mortgage rates have dropped to 4.17%. Experts analyse the market ahead of the crucial interest rate decision. Read the full report.
The Bank of England is expected to cut interest rates on December 18, with markets predicting a 90% chance. This has already triggered mortgage rate reductions from major lenders, offering hope to home buyers.
Millions of UK households risk losing value on savings held in zero-interest current accounts. Experts urge moving funds to beat 3.6% inflation. Act now to protect your cash.
Santander launches a new current account switch incentive, offering up to £225 and a free Kids Pass. Learn how to claim the bonus before Christmas.
NS&I customers warned about Premium Bonds prize rate cuts as new British Savings Bonds launch with higher interest rates. Expert analysis reveals what this means for your savings.
Santander, Lloyds and Halifax customers face branch closures as over a dozen locations shut in November. Discover the impact on local communities and access to cash.
UK households can earn up to £135 in free interest by switching to high-rate 7% regular savings accounts. Discover how to make your money work harder against inflation.
Frozen tax thresholds have dragged over 720,000 more people into the 45% additional rate band, taking the total beyond one million. Discover how this 'stealth tax' impacts the economy.
Santander warns of a 143% surge in weight loss injection scams, with customers losing £120 on average. Learn how to protect yourself from social media fraud.
Santander urges customers to keep £100 in their accounts by 30 November 2025 for a chance to win £100,000 in a Christmas prize draw. Learn how to enter and stay safe from scams.
UK savers with Cash ISAs are losing real money as inflation outpaces interest rates. Discover how to protect your savings and beat the 3.6% inflation rate.
Nationwide Building Society and Virgin Money announce significant mortgage rate cuts of up to 0.19%, offering relief to UK borrowers after the Autumn Budget.
UK households earning over £50,000 face £8,165 tax demands due to frozen thresholds. Discover the impact on savings and capital gains and how to protect your finances.
The UK government extends the income tax threshold freeze to 2031, a move set to raise £7.6bn and pull millions into higher tax brackets. Discover the full impact.
Savers are rushing to lock in high-interest accounts as Bank of England rate cuts loom. Discover the top-paying providers and why switching from major banks is crucial now.