Category : Search result: late payment interest rate


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.

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.

Mortgage rates set to plunge below 3% in price war

UK mortgage rates are poised to fall below 3% by spring after a Bank of England rate cut, with lenders expected to launch a competitive price war in January. Discover what this means for homebuyers.

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.

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 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.

UK inflation drops to 3.2%, an 8-month low

UK inflation fell more than expected to 3.2% in November, driven by lower food prices. Discover what this means for your cost of living and future interest rates.

DWP Winter Support: Up to £1,085 for UK Households

The DWP is distributing crucial winter payments, including Cold Weather and Winter Fuel Payments, worth up to £1,085. Check if you qualify for this vital financial support before Christmas.

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