Category : Finance Banking


26-Day Rule to Cut Car Insurance by £499

Experts, including Martin Lewis, highlight a 'sweet spot' for renewing car and home insurance, which can lead to savings of up to £499 and nearly half the cost.

HMRC Updates ISA Rules: Even £1 Accounts Affected

HMRC has issued significant new guidance on Lifetime ISAs, clarifying rules for all account holders including those with minimal balances, following government acknowledgment of product limitations.

UK Bank: Earn £10,000 Interest for Businesses

Allica Bank, a fast-growing UK challenger bank, reveals its Business Rewards Account could yield up to £10,000 in annual interest for firms holding larger balances, plus cashback on spending.

HMRC Pays £3,388 to 13,000+ Pensioners

HMRC has refunded £46 million to pensioners who overpaid tax on flexible pension withdrawals in Q4 2025, with over 13,000 individuals receiving an average of £3,388 each.

IHT Pension Deadline Crisis for UK Households

A Lords committee warns the six-month deadline for paying inheritance tax on pensions is unrealistic, urging extension to 12 months to prevent financial hardship for estate executors.

ONS Revamps UK Inflation with Scanner Data

The Office for National Statistics will transform UK inflation measurement by incorporating over a billion supermarket scanner records, replacing manual collection for greater accuracy.

Santander to Close 44 UK Branches

Santander is closing 44 branches across the UK, affecting 291 jobs, due to a significant shift towards online banking and changing customer behaviour.

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