National Savings and Investments CEO Dax Harkins has resigned following revelations the bank must repay up to £476 million to customers over bereavement claim errors, with interim leader Sir Jim Harra appointed to investigate.
Drivers who financed cars between 2007 and 2021 could be entitled to compensation due to hidden interest rate increases by dealers seeking higher commissions. Learn the signs of potential mis-selling.
The Department for Work and Pensions has announced that inheritance tax will be extended to include pensions from April 2027, impacting state pensioners with private pots.
National Savings and Investments confirms compensation for up to 37,000 customers affected by a Premium Bonds scandal, with bereaved families among those impacted.
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The Zero fintech banking app is closing all accounts next week, with over 20,000 customers urged to withdraw funds immediately before the March 31 deadline.
British Gas, Octopus, EDF, EON, and Ovo customers must submit meter readings and take photos by Wednesday to avoid overcharging under the new April 1 price cap.
Retirees born before 1960 are being sent HMRC letters they must not ignore, including overdue payment notices and tax assessments, as income changes may push them into new tax brackets.
Money expert Martin Lewis has detailed the key differences between Lifetime ISAs and Help to Buy ISAs, revealing which scheme offers greater flexibility and which provides larger potential bonuses for first-time property buyers.
Money expert Martin Lewis advises Lifetime ISA savers to open accounts now ahead of Chancellor Rachel Reeves' potential reforms, warning the product may close to new applicants.
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National Savings and Investments could pay hundreds of millions in compensation to 37,000 customers, including bereaved families, due to missing savings and service failures.
HMRC's Making Tax Digital initiative begins on April 6, requiring landlords and sole traders earning over £50,000 to file quarterly digital tax returns using approved software, with experts warning many are unprepared.
Chancellor Rachel Reeves' reduction of the Cash ISA allowance from £20,000 to £12,000 is projected to raise £95 million from savers over the next five years, affecting 1.3 million individuals.
Sole traders and landlords earning over £50,000 must switch to quarterly digital tax updates from April 2026, replacing the annual Self Assessment with five submissions yearly.
New research reveals one in ten savers abandon pension transfers due to excessive delays of up to 15 months, with industry leaders calling the current system outdated and unfit for purpose.
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National Savings and Investments faces a £400 million compensation payout to 37,000 customers following a missing savings scandal, with taxpayers potentially footing the bill.
Millions of UK households face broadband bill increases in April, but switching providers or exploring social tariffs can help cut costs significantly.
Hargreaves Lansdown has introduced a competitive Cash ISA with a 4.5% interest rate fixed for one year, as demand surges ahead of tax year end and potential allowance changes in 2027.
Virgin Money increases mortgage rates by up to 0.75% and Santander by up to 0.53% as the property market declines. Experts warn of lender nervousness and global inflation concerns from the Iran conflict.
Virgin Money is providing a limited-time offer of up to £250 to help UK households cover early exit fees when switching to their broadband services. The deal includes three main bundles with varying speeds and prices, but customers must act before April 1
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E.ON Next has announced significant price reductions on its 15-month fixed tariff, with savings passed on from government measures, offering households lower bills and stability.
The UK's inflation rate remains at 3% for February 2026, with clothing prices as the main driver. Experts warn next month's figures will reflect rising petrol costs from the Iran conflict, potentially fueling a new cost-of-living crisis.
NatWest Group has announced the sale of its Mentor consultancy business to Empowering People Group, marking the first major divestment of this service since its launch in 1997.
Santander UK has confirmed the appointment of Andy Booth as Head of Retail & Business Banking, alongside key promotions to its Executive Team, impacting all 14 million customers.
State pensioners born after 1953 could receive HMRC letters demanding £58 payments as the Triple Lock increase pushes pensions closer to the tax threshold.
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NatWest has sold its Mentor HR advisory division to Empowering People Group as CEO Paul Thwaite continues strategic streamlining, with 220 staff transferring in the undisclosed-value deal.
UK inflation remained at three percent in February, well above the Bank of England's two percent target, with economists warning of further pressure from Middle East conflict-driven energy price spikes.
A new study reveals that making six simple financial changes this spring could save households more than £800 annually, with 'bills bosses' leading the charge in managing finances effectively.
Government-backed bank NS&I could be forced to pay substantial compensation after complaints doubled in three years, with families reporting delayed payouts, withheld prizes, and lost investments.
Average annual car insurance premiums have dropped to £711, a £66 decrease from last year, reaching the lowest point in nearly three years. Experts advise drivers to shop around and lock in rates before potential increases.
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Nationwide Building Society has issued urgent guidance to customers in Birmingham and across the UK about holiday frauds and scams as summer approaches, detailing common tactics used by criminals.
