UK Energy Bills Set to Rise by £202 in July
UK households face a £202 energy bill rise in July as Ofgem's new price cap is expected to increase due to Middle East tensions, with two-thirds unaware.
Category : Finance Banking
Nationwide to Confirm £100 Bonus Payments in May
Nationwide is set to announce £100 bonus payments for eligible customers as part of its Fairer Share scheme, likely returning this summer.
Martin Lewis' 3-Question Rule to Stop Spending
Martin Lewis shares his 'golden rule' of three questions to ask before buying anything, helping Brits avoid overspending and make smarter financial choices.
UK Tumble Dryer Ban: £40 Extra Cost for Households
Labour's Ed Miliband proposes banning traditional tumble dryers to cut emissions, promoting heat-pump alternatives costing £40 more. Critics slam the move.
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State Pensioners Born 1951-1960 Face HMRC Tax Bills
State pensioners born between 1951 and 1960 risk HMRC clawing back cash as frozen tax thresholds push pensions closer to taxation. The full new state pension now stands at £12,547, just £23 below the personal allowance of £12,570.
HMRC and Reeves Start £5m Monthly Debt Collection Drive
HMRC is spending over £5 million a month on private debt collectors to recover unpaid taxes, sparking criticism from businesses facing higher costs and interest rates.
UK Households Face £202 Energy Bill Hike in July
Millions of UK households risk 'sleepwalking' into a £202 energy price rise in July. Experts urge switching to fixed tariffs to save up to £233.
DVLA: £1,410 Petrol Car Tax from April 2026
The DVLA has revealed new first-year car tax rates for vehicles registered from April 2026, with typical petrol cars facing a £1,410 charge. Standard rate rises to £200.
Turning off heating in May could cost you more, experts warn
Gas engineers warn UK households that switching off boilers completely in May may lead to costly autumn repairs. Regular short use is advised.
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DWP Pension Changes to Boost Pensions by £29k
New Pension Schemes Act becomes law, aiming to increase average worker pension pots by £29,000 through automatic consolidation and value-for-money requirements.
Transavia Cancels May and June Flights Due to Fuel Costs
Transavia, a budget airline owned by Air France-KLM, is cancelling flights in May and June 2026 due to rising aviation fuel prices linked to the Middle East conflict. Affected customers will be notified and offered rescheduling, vouchers, or refunds.
HMRC Tax Band Change Hits 900,000 Households
Nearly 900,000 households moved into a higher tax bracket as HMRC freezes thresholds, affecting teachers, nurses, and police officers amid fiscal drag.
Six UK banks face complaints as customers get £215 payouts
Six major UK banks received the most complaints in late 2025, with customers getting average payouts of £215. Lloyds, Santander, Barclays, HSBC, and NatWest lead the list.
DWP New Pension Rules: £31,000 Boost for 22 Million
The DWP has confirmed the Pension Scheme Act is now law, benefiting 22 million workers with up to £31,000 more in retirement savings through lower costs and higher returns.
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HMRC: 654,000 More in 40% Tax Bracket
HMRC data reveals 5.76 million people were in the higher 40% tax bracket in 2023/24, up 654,000 from the previous year, due to frozen thresholds and rising incomes.
HMRC Cracks Down on Landlord Tax Loophole Using LLPs
HMRC warns landlords against using LLPs to avoid tax, stating the scheme does not work and risks penalties, interest, and higher tax bills.
Rachel Reeves Cancels Fuel Duty Rise for 2026-27
Chancellor Rachel Reeves cancels the inflationary increase in fuel duty for 2026-27, saving motorists over £90. Oil prices remain above $100 amid Middle East conflict.
Santander Issues Update on £829 Payouts Amid Profit Slump
Santander UK updates customers on £829 motor finance compensation payouts, as profits fell 44% in Q1 due to £179 million provision for mis-selling scandal.
£516 Cost of Living Payments Moved to July 2026
Jersey Government advances £516.50 Community Costs Bonus to July, providing early cost of living support to eligible households in 2026.
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Millions risk £202 energy price hike in July
Nearly 12 million UK households on standard tariffs face a £202 energy price hike in July, with many unaware of the upcoming increase, new research reveals.
Santander customers can claim free £50 by Thursday
Santander customers can get a free £50 Amazon voucher by opening an Everyday account, but the offer ends at 1pm on Thursday, April 23. Martin Lewis' MSE alerts users.
NS&I Raises Interest Rates on British Savings Bonds
NS&I has increased interest rates on its fixed-term British Savings Bonds, including Guaranteed Growth and Guaranteed Income Bonds, with rates up to 4.50% AER.
DWP Told to Shift Thousands Off Universal Credit in Overhaul
Iain Duncan Smith backs Tony Blair Institute's call for welfare reform, noting six million workers earn less than some claimants and urging DWP to use Universal Credit tools.
Three UK Banks Pay £40 Goodwill to 80,000 Customers
Over 80,000 Lloyds, Halifax, and Bank of Scotland customers may receive £40 after a data glitch allowed others to see their transactions.
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UK households risk £348 extra on energy bills from July
Households on standard tariffs could pay £348 more annually for energy from July, as the price cap rises 12%. Fixed deals offer savings of up to £384 for high-use homes.
Nationwide Partners with PayPoint for Cash Deposits
Nationwide Building Society partners with PayPoint, allowing members to deposit up to £300 daily at over 3,000 locations across the UK, expanding cash management options.
Amazon and eBay Shoppers Warned Over Pay by Bank
Money Saving Expert warns Amazon and eBay shoppers that using 'Pay by Bank' may forfeit Section 75 and chargeback protections, urging caution for big purchases.
Turn April Pay Rise into £50,000 Pension Boost
Millions of UK workers who received an April pay rise are urged to divert the extra cash into their pensions, potentially turning a modest increase into over £50,000 by retirement.
HMRC Urgent Child Benefit Letters to 1.5 Million Households
HMRC is sending urgent letters to 1.5 million parents in May to remind them to extend Child Benefit claims for 16-to-19-year-olds in education or training.
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Avoid £100 Passport Mistake: Expert Tips After 2026
BBC expert warns UK passport holders of costly mistakes after 2026 price hikes. Save £15 by applying online and avoid intermediary sites charging up to £100.
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