Category : Finance Banking


Lloyds Bank Ends Cheque Deposits at Post Office

Lloyds Bank has stopped accepting cheque deposits at Post Office branches, replacing it with a postal service. Age UK warns this change disproportionately affects older, lower-income customers who rely on cheques.

Save £1,056 a Year with Rainy Day Savings App

A little-known savings account feature allows Brits to save £1,056 annually by automatically transferring money when it rains. The Plum Rainy Days Rule uses weather forecasts to set aside funds.

Nationwide Updates on App Feature Customers Want

Nationwide Building Society has responded to customer inquiries about transaction notifications in its app, confirming the feature is in development. The society also highlights its alert system and a £175 switching bonus.

UK Urged to Save 3 Months' Pay for Financial Emergencies

New research reveals alarming savings gaps in the UK, with one in five people having less than £1,000 saved. Experts warn younger people and women are particularly vulnerable, urging households to build a three-month emergency fund.

168 Lloyds, Halifax, Bank of Scotland Branches Closing in UK

The Lloyds Banking Group has confirmed the closure of 168 branches across Lloyds, Halifax, and Bank of Scotland, with six locations in Birmingham affected. The closures are scheduled for 2026 and 2027, following a recent announcement of 95 additional clos

Nationwide Warns of Card Blocks Over Fraud Alerts

Nationwide Building Society has issued a warning that it will block customer cards and send fraud alert messages if suspicious activity is detected, following concerns raised by a parent about messages sent to their son.

Ultra-Rare Edward VIII Coin Worth £1 Million in UK

An ultra-rare King Edward VIII coin has been identified as the most expensive in the UK, with one version selling for £1 million in 2020. Experts warn collectors to verify authenticity due to high replica risks.

Nationwide Update on UK Building Society Rule Changes

Nationwide Building Society has issued an update regarding Treasury legal changes affecting customer services and funding rules for UK building societies, with potential impacts on mortgages and economic growth.

HMRC Tax Warning for Earners Over £50,000

HMRC has issued a critical warning to self-employed individuals and landlords earning over £50,000 about new Making Tax Digital rules starting April 6. Approximately 864,000 people must prepare for digital record-keeping and quarterly submissions.

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