Category : Search result: electric vehicle savings


AA: Pay-per-mile tax could backfire on Labour

AA President Edmund King warns Chancellor Rachel Reeves' new 3p per mile electric vehicle tax, due in 2028, may discourage drivers from switching. Discover the potential impact on EV sales and the industry's response.

Octopus Changes EV Charging Rules After New Tax

Octopus Energy is altering its popular EV tariffs, limiting cheap charging to six hours daily. This follows Chancellor Rachel Reeves' new 3p per mile electric vehicle tax. Read the full details.

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.

Birmingham EV firm Petalite cuts jobs, seeks buyer

Birmingham-based electric vehicle charging manufacturer Petalite enters administration, leading to job losses. Administrators seek a buyer for its proprietary technology. Read the latest.

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.

Young Brits miss £512 free cash from LISA scheme

Millions of 18-28 year olds are missing out on £512.77 in free government money by not using a Lifetime ISA. Discover how this simple savings trick could have earned young adults over £3.1bn.

Jaguar unveils electric car launch next year

Jaguar announces its first fully electric vehicle for next year as it turns 90. The news comes as Chancellor Rachel Reeves introduces a new pay-per-mile levy for EV drivers from 2028.

New 3p Per Mile EV Tax Could Increase for Drivers

Drivers of electric vehicles could face a higher pay-per-mile tax rate if they under-declare mileage. The new Labour eVED scheme will involve annual checks, sparking industry concerns about fairness and the switch to EVs.

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