1 Million Pensioners Face Shock Tax Bills on Savings
Over one million UK state pensioners will be dragged into paying tax on their savings in 2025 due to frozen allowances and high interest rates. Discover the full impact.
Category : Search result: savings rate reduction
New UK bank account pays 4% interest, no strings attached
LHV Bank launches a groundbreaking current account paying 4% AER interest on balances up to £1 million, tracking the Bank of England base rate until 2027. Switch today for a fairer deal on your everyday money.
1 Million Pensioners Face HMRC Tax on Savings
HMRC data reveals over a million state pensioners now face tax on savings interest due to frozen thresholds and high rates. Discover how this affects you.
Universal Credit health element cut for new claimants
New Universal Credit claimants with health conditions will receive nearly 50% less support from April 2026. Discover how these controversial changes affect disability benefits.
Foster's Lager Alcohol Content Reduced from 2026
Heineken UK confirms Foster's lager ABV will be reduced in 2026. Learn about the recipe change and the industry's call for an alcohol duty freeze.
Over a Third of UK Pubs Risk Closure, Warns BII
The British Institute of Innkeeping warns 35% of pubs could close without immediate government intervention in the Autumn Budget. Urgent tax cuts are needed.
Martin Lewis: Get 4.5% Savings as Bank Holds Rates
Money expert Martin Lewis reveals how UK households can secure savings rates up to 4.5% following Bank of England's decision to maintain interest rates at 4%.
35 million overpay on energy bills - urgent warning
35 million UK households remain on costly Standard Variable Rate energy tariffs. Experts warn switching suppliers could save up to £679. Act now before winter.
Midlands personal trainer up for national award
Ian Northcott, a 60-year-old personal trainer from Bromsgrove, is a finalist for the UK Coaching Change a Life Award for his transformative work with older clients. Discover his inspiring story.
Cadbury's Paper Heroes Tubs Trial Sparks Christmas Joy Row
Cadbury trials 300,000 recyclable paper Heroes tubs in Tesco, adding Flake. Critics say it 'takes joy out of Christmas'. Share your feedback via QR code.
Wales unemployment reaches 5.7%, highest in UK
New ONS data reveals Wales has the highest unemployment rate of any UK nation at 5.7%, its highest level outside the pandemic in nearly a decade. Explore the figures and political reactions.
UK Unemployment Rate Climbs to 5%, Highest Since 2021
UK unemployment rate rises to 5%, the highest level in over four years. Wage growth slows and payroll numbers fall, signalling a cooling labour market. Discover the economic implications.
State Pensioners Face 63% Tax Demand from HMRC
HMRC letters demand 63% tax from pensioners as Labour's 2p tax hike for high earners breaks election pledge. Autumn Budget set for November 26.
UK unemployment hits 5% as payroll numbers decline
UK unemployment reaches post-pandemic peak of 5% with 32,000 fewer payrolled employees in September. Wage growth slows but remains above inflation-comfort levels. What's next for the economy?
Starbucks changes coffee beans ahead of UK sugar law
Starbucks is trialling naturally sweeter coffee beans to reduce sugary syrup use ahead of new UK legislation. Discover the customer reaction and store closure plans.
Council Tax Reductions for Households Under £27k
Exclusive investigation reveals how families across Britain could be paying hundreds less on council tax - but many don't know they're eligible for this crucial support.
Santander cuts savings rates in blow to customers
High street banking giant Santander announces significant cuts to popular savings accounts, leaving customers facing reduced returns amid ongoing cost of living pressures.
Smiths News launches strategic review with £10m savings target
UK's leading newspaper wholesaler Smiths News launches strategic overhaul targeting £10m savings as print media landscape evolves. Company considers all options including potential sale.
NS&I warns Premium Bond holders about text scams
National Savings and Investments warns Premium Bond holders about sophisticated text scams targeting their savings. Learn how to protect your money from fraudsters.
UK unemployment set to hit 4.2% in 2024
New analysis reveals UK unemployment is forecast to rise significantly to 4.2% by mid-2024, with the Bank of England's interest rate hikes creating challenging conditions for businesses and job seekers alike.
Nationwide: £200 Switch Bonus & 5.5% Savings Rate
Nationwide launches a double financial boost for savers - a £200 switching incentive plus a competitive 5.5% savings rate for qualifying members. Discover how to maximise your money in the current economic climate.
Major ISA Rule Change Coming in November
A significant shake-up to cash ISA regulations this November will allow savers to open multiple accounts of the same type for the first time, potentially revolutionising how Brits manage their tax-free savings.
Critical ISA Deadline: Don't Lose Your Tax-Free Allowance
UK households are being warned about a crucial ISA deadline that could see them lose valuable tax-free savings allowances forever. Experts reveal how to protect your money.
Single Parent Financial Support: Complete UK Guide
Discover the essential financial support available for single parents in the UK, from Universal Credit to childcare grants and council tax reduction.
Lloyds Bank slashes credit card interest rates
Millions of Lloyds Banking Group customers to benefit from significant APR reductions on credit cards as bank responds to cost of living pressures.
Keskine Hair Removal: Salon Results At Home
Discover how the innovative Keskine IPL handset is transforming at-home hair removal with professional-grade technology at an accessible price point.
Amazon's Smart Heater Deal: Winter Warmth for Less
Discover how Amazon has dramatically reduced the price of a feature-packed smart heater, making winter warmth more affordable and convenient than ever.
ISA Allowance Too Low? Experts Demand Major Boost
Leading financial experts are calling for a radical overhaul of ISA rules, arguing current allowances are failing to keep pace with inflation and leaving savers behind.
Cash ISA Rush: Savers Scramble Before Tax Year End
UK banking customers are flocking to open cash ISAs as the tax year end approaches, with experts warning of potential delays and highlighting significant benefits for savers.
Save £1,200 in 10 Minutes: Simple Money Hacks
Discover how Birmingham residents are saving hundreds of pounds using straightforward financial tricks that take just minutes to implement. From council tax reductions to forgotten refunds.
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