Sir Jon Cunliffe Receives Knight Grand Cross in Honours
Sir Jon Cunliffe, former Bank of England deputy governor and water reform chair, receives Knight Grand Cross for public service in King's Birthday Honours.
Sir Jon Cunliffe, former Bank of England deputy governor and water reform chair, receives Knight Grand Cross for public service in King's Birthday Honours.
Millions of UK households are unaware of an HMRC inheritance tax relief on gifts from surplus income, which can be exempt immediately. Experts stress proper records are crucial.
UK households over 50 are urged to check their pensions as a new report shows few will achieve a moderate retirement lifestyle without action.
Nationwide addresses a customer's question about whether its 5% Member Exclusive Online Bond is available as an ISA, promising future ISA deals and highlighting its competitive savings range.
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RecommendedPensions UK warns that UK households need £845,000 for a comfortable retirement, with updated living standards showing many face a sharp income drop.
With the prize rate dropping to 3.3% in April, we examine how Premium Bonds work, the likelihood of winning, and whether they still offer value compared to savings accounts.
Nationwide is depositing £100 into accounts of four million eligible members between June 10-30, 2026. Check your banking app now to see if you qualify.
Lloyds Bank launches new rewards hub with monthly prize draws of £2,026 for 50 customers, plus a £5,000 prize for switching bills, and more perks.
State pensioners born before 1962 are exempt from Rachel Reeves' cash ISA changes from 2027, with under-65s facing reduced allowance.
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RecommendedMarks & Spencer has cut prices on 68 everyday items following a £30 million investment. The reductions include salmon, eggs, and vegetables, aiming to help customers eat well without compromise.
The DWP has rejected WASPI compensation payouts of £2,950 recommended by the Ombudsman for state pension injustices, citing fairness and taxpayer value.
Two men who piloted overcrowded migrant boats across the Channel have been jailed under new border security laws, the first such sentences in the UK.
HMRC is issuing £5,000 tax demand letters to 144,000 households as savings interest triggers higher tax bills. Paragon Bank warns numbers have doubled since 2022-23.
Petrol and diesel prices are expected to continue falling in the coming weeks, with unleaded down by at least 4p and diesel by up to 8p, according to RAC analysis.
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RecommendedNationwide starts paying £100 Fairer Share bonus to 4.4 million members from June 10. Look for 'Nationwide Fairer Share Payment' on your statement. No application needed.
The DWP announces new safeguards to combat pension fraud, as victims lose an average of £38,400. The measures aim to block suspicious transfers automatically.
Investing after retirement helps combat inflation, preserve purchasing power, and fund a longer retirement. Discover why continuing to invest is wise.
Lifestyle inflation is straining finances, but experts share ways to cut costs without sacrificing social life. Learn how to set boundaries, track spending, and avoid FOMO.
Nationwide confirms £100 Fairer Share payments for 4.4 million eligible customers from June 10, with most receiving funds on the first day.
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RecommendedHundreds of thousands of state pensioners will lose money due to Rachel Reeves' frozen tax bands, dragging more retirees into income tax and canceling triple lock increases.
A radical plan to allow younger people to take their first year of state pension as a lump sum has been criticized by financial experts and campaigners.
NS&I Premium Bonds holders are warned not to depend on winning prizes. Experts clarify misconceptions as the prize fund rate rises to 3.80% in July 2026.
Nationwide warns that its £100 Fairer Share bonus payment will be reduced for some recipients and is subject to income tax, reported to HMRC.
One in five UK drivers are reducing car use or household spending to afford fuel amid the cost-of-living crisis, according to a new survey by the Money and Pensions Service.
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RecommendedHigh-income UK households face a £12,000 'breadwinner penalty' when one partner earns over £100,000, due to HMRC tax cliffs and benefit tapers.
The Government has confirmed a £150 Warm Home Discount for all Universal Credit claimants, helping six million households with energy bills this winter.
The FCA has proposed five new mortgage rules to help first-time buyers, self-employed, and older borrowers. Changes include flexible repayments, foreign currency lending, and updated affordability guidance.
Discover how much state pension you can expect, how to boost your income, and what Pension Credit offers. Expert advice on retirement planning.
Deciding between a fixed-rate and variable mortgage? We break down the benefits and drawbacks of each to help you choose based on your budget and market outlook.
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RecommendedNationwide will start paying £100 Fairer Share payments to four million customers from June 10, with money arriving automatically in accounts.