Exeter City's £350k Profit Masks £4m Loss and Crisis
Exeter City posted a £348,214 profit for 2024-25, but only due to £4.9m in transfer income. The club recorded a £4m+ operating loss, with wage bills soaring and loans needed from owners.
Category : Finance Banking
Ofcom Rules Backfire, Enable £186M Broadband Price Hikes
New research reveals Ofcom's 'pounds and pence' regulations have failed, allowing ISPs to raise bills by £4 monthly and profit £186 million extra.
Zero Banking App Closes - Withdraw Funds Now (31.03.2026)
The Zero Sustainable Money App is shutting down permanently today, March 31, 2026. All 21,500 registered users must withdraw their balances immediately or follow specific procedures to recover funds after closure.
Nationwide Savings Rate Overhaul Before ISA Deadline
Nationwide Building Society has launched new ISA and fixed rate bond options with updated interest rates just days before the April 5 financial year deadline.
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600,000 Pensioners Face Triple Lock Tax Shock
Frozen tax bands will push hundreds of thousands of retirees into paying income tax as the state pension rises under the triple lock, creating a 'stealth tax' storm.
UK Savers Hit by Tax as Personal Savings Allowance Stagnates
The Personal Savings Allowance marks its 10-year anniversary unchanged, with fiscal drag and higher interest rates pushing millions into taxable territory, costing basic-rate taxpayers over £4.7 billion in the past decade.
Martin Lewis Slams 'Unfair' Lifetime ISA Penalty
Money expert Martin Lewis has condemned the penalty for Lifetime ISA savers as 'ridiculously unfair' on his podcast, highlighting the frozen £450,000 property limit that leaves first-time buyers penalised.
State Pension £575 April Boost Confirmed, Not for All Over-65s
Annual state pension increases take effect in April, but retirees on the old basic pension receive less than those on the new full version, highlighting ongoing fairness concerns.
HMRC One-Week Warning Over Mandatory Tax Change
HM Revenue & Customs warns taxpayers earning over £50,000 have just one week to prepare for Making Tax Digital system launch on April 6, requiring quarterly digital submissions.
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Car Finance Scandal: £830 Average Payout Announced
The Financial Conduct Authority has confirmed that victims of the car finance scandal will receive an average payout of £830, though eligibility has been narrowed to 12.1 million loan agreements.
State Pensioners Get HMRC Letters Over Tax Bills
Retirees with modest incomes are receiving unexpected letters from HMRC after discovering state pensions are taxable, with Triple Lock hikes increasing tax liability risks.
UK Drivers Eligible for £830 Car Finance Compensation Payouts
The Financial Conduct Authority announces a £7.5 billion compensation scheme for 12.1 million mis-sold car finance agreements, with average payouts of £830 per agreement and 75% of eligible consumers expected to claim.
Virgin Media Free Easter TV Upgrade with £250 Credits
Virgin Media is providing a free Ultra HD TV channel with films, concerts, and documentaries over Easter, plus up to £250 in bill credits for new customers switching by April 1.
HSBC Raises Fixed-Rate Cash ISA to 4.5% with Bonuses
HSBC UK has increased its Fixed Rate Cash ISA interest to 4.5%, offering cash incentives for new deposits ahead of the tax year end, positioning it as a top high-street savings option.
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Claim £252 Tax Savings Before April 5 Deadline
Married couples in the UK are being advised to act quickly to transfer unused personal allowances before the financial year ends, potentially saving up to £252 annually.
New UK Energy Standing Charges Start Wednesday
UK energy customers face updated daily standing charges from Wednesday, with electricity at 57.21p and gas at 29.09p per day, alongside unit rate changes under the price cap.
Halifax 10-Day Warning on ISA Deadline as Tax Year Ends
Halifax has sent urgent letters to customers about the April 5 ISA deadline, with the £20,000 tax-free allowance set to drop to £12,000 for under-65s from 2027.
HMRC Personal Allowance Deadline Nears with ISA Changes
Brits are warned that the HMRC personal allowance deadline is just days away, with significant ISA changes set for 2027. Financial experts advise strategic planning to maximize tax efficiency and avoid last-minute scrambles.
NatWest Mortgage Rates Rise 0.28% Amid Conflict
NatWest has increased all mortgage rates by 0.28% due to rising swap rates and oil price inflation from the ongoing Middle East conflict, with experts warning rates could hit 6% by April.
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ISA Savers Face Easter Deadline for Tax-Free Allowance
With the new financial year starting on April 5, ISA savers must act before the Easter weekend deadline to maximize their £20,000 tax-free allowance before it drops to £12,000 in 2027.
Lloyds Bank £66m Court Battle with 30,000 Car Loan Customers
Lloyds Banking Group confronts a £66 million omnibus claim from 30,000 car loan customers who fear being short-changed by the official redress scheme, with average payouts at stake.
Fuel Card Fraud: Trio Stole £20k, Collected Nectar Points
Three men involved in a £20,485 petrol scam where company fuel cards were used illegally to purchase fuel, which was then sold at discounted rates. The mastermind avoided prison with a suspended sentence.
FCA to Announce Car Finance Compensation Details
The Financial Conduct Authority will today outline the final structure of a nationwide redress programme for millions mis-sold vehicle loans, with payouts potentially averaging £700 per contract.
Slumberdown Heated Blanket Sale: £26.50 on Amazon
A best-selling Slumberdown heated blanket is now available for £26.50 on Amazon, offering a 56% discount. This energy-efficient blanket features 10 heat settings and is machine washable, providing a cosy way to save on heating costs during lingering cold
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Millions of UK Drivers May Get £700 Car Finance Payout
Up to 14 million car finance agreements from 2007 to 2024 are eligible for an average £700 payout under a major FCA redress scheme, with experts urging drivers to check eligibility now.
Nationwide Customers Urged to Act for £100 Bonus
Nationwide Building Society members risk missing out on a £100 Fairer Share loyalty bonus if they fail to meet eligibility criteria by the March 31 deadline. Customers may need to move money or activate accounts.
Mobile Networks Announce April Price Hikes for Mid-Contract Users
EE, Vodafone, Three, and O2 will increase prices from April 1, affecting mid-contract customers with specific monetary rises detailed for each provider.
UK Scraps Work From Home Tax Relief, Workers Lose £140
The UK government will abolish work from home tax relief from April 6, 2026, costing employees up to £140 annually. Employers must update policies and inform staff about the changes.
Nationwide Customers Could Get £400 in Bonus Payments
Nationwide Building Society has announced that select customers may receive up to £400 through its 'Fairer Share' profit-sharing scheme, with eligibility based on account holdings.
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Save £800 a Year with Six Simple Financial Switches
Research reveals that UK households can save £800 annually by making six straightforward financial changes, with a designated 'bills boss' helping to manage expenses effectively.
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