Ovo Energy to Pay £2.7m Over Discount Delays
Energy firm Ovo will compensate thousands of customers after delays to government-backed warm home discount payments left vulnerable households without support during winter months.
Category : Finance Banking
OVO to Pay £400 After Missing Discount Deadline
Energy supplier OVO will compensate thousands of customers with £400 payments after failing to deliver Warm Home Discount rebates on time, with regulator Ofgem calling the delays unacceptable.
HMRC Swaps Fines for Points System in Tax Trial
HMRC introduces a penalty points system replacing fines for late tax returns, starting with 100 taxpayers in the Making Tax Digital trial this month.
Amazon's £25 Dehumidifier Fights Winter Damp
Shoppers praise the compact Aroeve Dehumidifier, now under £25 on Amazon, for effectively tackling condensation and mould in wardrobes, cupboards, and small rooms.
WRU's £55m Debt Deal with HSBC and Goldman Sachs
The Welsh Rugby Union has refinanced its debt with a new £55m facility from HSBC and Goldman Sachs, replacing previous arrangements with NatWest and the Welsh Government.
State Pension Deferral Can Add £694 Yearly
UK pensioners can increase their State Pension by £694 per year for life by deferring claims, with experts advising careful consideration of Pension Credit eligibility.
Pub Spending Cuts Could Add £173k to UK Pensions
New research shows UK adults spending £375 monthly on socialising, with many regretting costs. Redirecting half could boost retirement savings by £173,000.
Broadband Alert: Act Before April to Save £203
UK broadband and mobile customers face price hikes up to 13.4% from April. Experts urge households to switch contracts to avoid compounding increases and save £203 annually.
Halifax Customers Urged to Update Details for Visa Switch
Millions of Halifax customers are being urged to update their contact information as the bank begins migrating credit cards from Mastercard to Visa, with 10 million cards expected to switch by 2026.
National Lottery Digital Platforms Offline for 24-Hour Upgrade
National Lottery players across the UK are being alerted to a significant 24-hour digital shutdown this weekend as all online platforms undergo major system improvements.
HMRC Fraud Alert: £57m Scam Warning
HM Revenue and Customs warns taxpayers after a major phishing attack compromised 100,000 PAYE accounts, resulting in £56.7 million in fraudulent tax repayments.
Martin Lewis: 'By Far' Best £455 Savings Deal
Money expert Martin Lewis highlights Marcus's 4.55% fixed savings account, offering £455 interest on £10,000, with unusual early access flexibility.
UK Families Missing Out on Unclaimed Inheritance
New research reveals common surnames on the Government's list of over 5,000 unclaimed estates, with many families unaware they may be entitled to inherit.
Lloyds £250 Switch Bonus for £29k+ Earners
Lloyds Bank is providing a £250 payment to new customers who switch to Club Lloyds, but applicants must earn over £29,000 annually to avoid a £5 monthly fee.
HMRC 10-Day Warning Over £100 Fines
HMRC urges taxpayers to use its official app ahead of the January 31 Self Assessment deadline, warning of escalating penalties for late submissions.
15 Million Face UK Pension Crisis
New analysis reveals 43% of UK workers are not saving enough for retirement, with experts warning of a looming state pension disaster affecting millions.
BBC Expert: HMRC Pension Relief 'Feels Like Free Money'
A BBC personal finance expert explains how UK households can claim tax relief on pension contributions, potentially recovering thousands in overpaid taxes.
Reeves' 22% ISA Tax & £12k Allowance Cut Plan
Chancellor Rachel Reeves proposes a 22% flat-rate tax on cash in stocks & shares ISAs and cuts the cash ISA allowance to £12,000 from 2027, impacting millions of savers.
EON Cancels £13k Bill to Dead Woman After Guardian Exposé
Energy giant EON has cancelled a staggering £12,960 bill it sent to a deceased woman's family, but still owes £3,360 in disputed credit, following a national newspaper investigation.
Nationwide Expands Mortgage Lending to Six Times Income
Nationwide Building Society announces major policy change allowing home movers and remortgaging customers to borrow up to six times their annual income.
UK Sleepwalking into Retirement Crisis
New research reveals 79% of UK pensioners have little idea of their retirement savings, with experts warning of a looming financial crisis.
Mobile Users Warned Over 'Dangerous' Out-of-Contract Bills
New analysis reveals 8 million broadband and mobile customers face £17.4 million monthly bill increases this spring as inflation-linked contracts trigger price hikes.
HMRC Warning: Check Your Tax Code on Every Payslip
HMRC has issued a crucial warning to thousands of UK workers, urging them to verify their tax code on every payslip to prevent significant year-end adjustments.
Martin Lewis: Check Mobile Contracts to Save Hundreds
Martin Lewis advises 14 million mobile users to text 'INFO' to check if they're out of contract and could switch to cheaper SIM-only deals, potentially saving hundreds annually.
HMRC: Thousands Could Claim Hidden £2,242 Savings
HMRC reveals 758,000 people may have forgotten Child Trust Funds worth £2,242 on average. Those born 2002-2011 should check eligibility for tax-free savings.
Pension Age Rise to 57 Forces Two-Year Wait for Savers
The minimum age to access defined contribution workplace pensions without tax charges rises from 55 to 57 in 2028, potentially forcing thousands to wait longer.
Brits Have £10bn in Unused Tech at Home
New research shows 73% of Brits have old phones at home, with total unused tech valued at £10 billion. A new partnership offers instant cash payments.
Lloyds Bank Closes Five More Branches This Week
Lloyds Banking Group confirms the closure of five more branches this week, citing changing customer habits and a nationwide trend towards digital banking.
Santander Urges Account Closures Before May Fee Increase
Santander is contacting UK customers about a monthly fee increase for its 123 Current Account from May 2026, offering free account closure options.
Full State Pension for Those Who Never Worked in UK
The Department for Work and Pensions has acknowledged a technical loophole allowing certain expatriates to claim the full UK state pension without having worked in Britain.
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