UK Savers Risk Losing £322 a Year on Closed Accounts
UK households with savings accounts could lose £322 annually by keeping money in closed accounts. Finance expert urges switching to better rates.
Category : Business
Top 10 Cheapest Cars to Insure in UK: BMW in Third
Discover the top 10 cheapest cars to insure in the UK, including the MGB at £83 and a BMW model in third place. Save on car insurance with these affordable options.
HMRC Fines UK Households £900 After Three-Month Grace Period
Nearly 1 million UK households missed the January 31 tax return deadline, triggering £100 fines. Three months later, extra daily penalties of £10 apply, up to £900.
UK Drivers Face £560 Car Insurance Premium in Q1 2026
UK drivers now pay £560 average car insurance, up £1 from late 2025 but down £20 year-on-year. Repair costs rise 3% as ABI calls for action.
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HMRC Alert: Unclaimed £2,200 in Child Trust Funds
HMRC reveals £1.6 billion unclaimed in Child Trust Funds, with an average of £2,200 per account. Thousands of 21-year-olds are urged to check if they have forgotten savings.
UK savers urged to switch accounts for extra £180 yearly
Skipton Building Society analysis reveals 80 million UK savings accounts earn 0% interest. Switching to top-paying accounts could yield £180 extra annually.
Lloyds Bank Rolls Out AI Platform for Better Customer Service
Lloyds Bank has introduced Envoy, a secure and scalable platform for building AI agents responsibly, aiming to improve customer experiences and colleague efficiency across the Group.
Barclays warns Middle East conflict may disrupt UK housing
Barclays warns the Middle East conflict is causing UK customers to rethink housing plans. 27% overpay mortgages to hedge against future rate rises.
Savings Alert: £1,000 Could Be Costing You Thousands
New analysis shows £1,000 in savings grows to £1,205 in 10 years, while investing could yield £3,350. Hargreaves Lansdown urges savers to consider investing for better returns.
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British Gas Offers £1,641 Free Energy Prize
British Gas is giving away £1,641 in free energy to one customer in its May draw. Over 1,000 prizes are available, including weekly £31.50 credits. Sign up free.
Key North East appointments and promotions this week
Swinburne Maddison promotes multiple lawyers, Knight Frank hires Gavin Walker, CECA NE appoints Lauren Parsons as chair, British Esports names Alice Dearing co-vice chair, and Energy Solicitors promotes Ryan McDonald to partner.
New HMRC Rule Costs Taxpayer £2,500: 'Ridiculous'
A glass installer from Essex faces £2,500 in extra accountancy fees due to new Making Tax Digital rules, despite earning only £3,680 in rental income.
House Prices: Halifax and Nationwide Data Split Explained
Halifax reports a 0.1% monthly fall in house prices, while Nationwide shows a 0.4% rise. A mortgage broker explains why both can be right and what buyers should know.
Energy customers can save up to £230 with simple changes
Households with British Gas, EDF, EON, OVO and Octopus could cut energy bills by up to £230 through small adjustments like using bubble wrap on windows and turning off boiler pre-heat.
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UK Families Rush to Transfer Cash to Children Ahead of HMRC Bills
Affluent UK families are accelerating pension withdrawals to gift cash to adult children before April 2027 inheritance tax changes, which could bring an average £34,000 increase in tax bills.
HMRC Raises Personal Allowance to £13,830
HMRC increases personal tax-free allowance by £1,260 to £13,830 for eligible married couples through Marriage Allowance, potentially saving up to £1,260.
Reckitt Confirms Job Cuts at Hull Facility
Reckitt has confirmed job cuts at its Hull research and development facility, though the exact number of roles affected remains undisclosed. The company says it remains committed to Hull.
£47,000 Pension Scam Warning for Private Savers
Standard Life warns of pension scams ahead of 2027 Inheritance Tax changes, with average losses of £47,000. Scammers exploit confusion over new rules.
Expandable EasyJet Cabin Bag on Sale at Amazon
Shoppers praise the expandable COOLIFE cabin bag for easyJet as 'much better than expected'. It fits underseat, expands for extra space, and is on sale at Amazon.
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Two Men Charged with Drink-Driving After Dudley Crashes
Stanley Garrett and Jordan Bell are charged with drink-driving following two separate collisions in Dudley. Bell faces additional charges including driving while disqualified.
Midland first-time buyers use 'doer-uppers' to enter dream areas
Nearly two-thirds of West Midlands first-time buyers purchase fixer-uppers to afford homes in desired locations, with many tackling more DIY than expected, Nationwide survey finds.
UK households face £203 tax allowance shortfall from HMRC
Many higher-rate taxpayers mistakenly believe they can earn £703 in savings interest tax-free, but the real allowance is only £500, leading to a £203 shortfall.
Pet Owners Face Subscription Creep as Pet Costs Rise
Pet owners face 'subscription creep' as repeat pet essentials like food and flea treatments become recurring monthly expenses. Pet Drugs Online's PetSaver memberships aim to help save money.
Birmingham City Goalkeeping Overhaul: One Out, Contract Call
Birmingham City's goalkeeping department faces a summer reshuffle with James Beadle's loan ending, Ryan Allsop's contract extended, and Brad Mayo's future uncertain.
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Birmingham Boutique Autograph Closes After 38 Years
Autograph, one of the last independent shops in Birmingham city centre, has closed after 38 years. The owner warns of worse to come, but plans a new concept in the Jewellery Quarter.
Get Golf in Tamworth Seeks Alcohol Licence
Get Golf Ltd has applied for a premises licence to sell alcohol and provide late night refreshment at its Tamworth site. The consultation period runs until 22 May 2026.
Amazon Deal: Samsung SmartTag2 at £10 Each
Amazon offers a pack of four Samsung Galaxy SmartTag2 Bluetooth trackers for £42.96, reducing the cost to about £10.74 each, a 75% saving compared to Samsung's price.
Universal Credit Claimant: £1,000 Monthly Not Enough
A Universal Credit claimant receiving £1,119 monthly from the DWP says the money is insufficient, listing high rent and utility costs. Reddit users offer advice on budgeting.
Review: Kamado Joe Deal Finally Made Me Upgrade
After years using a ProQ smoker, I finally upgraded to a Kamado Joe ceramic grill thanks to a deal under £810. The temperature control and heat retention are game-changing.
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Firefighter Experience Days in Haverfordwest and Newtown
Mid and West Wales Fire Service invites you to Experience Days in Haverfordwest and Newtown this June. Try on kit, learn equipment, and ask questions before applying.
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