Category : Finance Banking


UK Mortgage Rates May Rise Four Times This Year

Financial experts warn that the Bank of England may raise interest rates four times in 2024, potentially pushing mortgage costs from 3.75% to 4.75% due to inflation fears from the Middle East conflict.

Zero Banking App Closes: Withdraw Funds Now

The Zero Sustainable Money App has ceased trading and will close all customer accounts by 31 March 2026. Money Saving Expert advises users to withdraw deposits immediately.

UK Savers Losing Thousands in ISA Loyalty Penalty

New analysis reveals millions of UK savers could miss out on up to £13,000 in interest by sticking with outdated Cash ISA accounts, highlighting a significant gap between best and worst rates.

Couple Saves £7,800 on Mortgage with App Hack

Nick and Sarah Rutter from Suffolk have reduced their mortgage costs by approximately £7,800 over the full term by using the Sprive app to turn everyday spending into automatic overpayments.

HMRC to Enforce Child Benefit Charge on High Earners

HMRC has issued a reminder about the High Income Child Benefit Charge, which affects UK households earning over £60,000. The charge claws back benefits through the tax system, with full repayment required for incomes above £80,000.

Monzo's Urgent ISA Deadline Warning to Customers

Monzo has alerted thousands of customers that they have just 15 days left to use their remaining ISA allowance for the 2025-2026 tax year, or risk losing it. The digital bank offers both Cash ISAs and Stocks & Shares ISAs, with tax-free savings and invest

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