NatWest Warns of Cash ISA Changes from April 2027
NatWest is writing to customers about cash ISA changes from April 2027, including a £12,000 cash ISA limit and new restrictions on transfers and cash-like investments.
Category : Finance Banking
State Pensioners Can Reach £36,000 Yearly
Hundreds of retirees receive state pensions of at least £36,000 annually, three times the full new state pension, due to old system complexities.
Young Adults Urged to Claim £2,200 Child Trust Fund
More than 750,000 young people born between 2002 and 2011 could be owed an average of £2,200 in unclaimed Child Trust Funds. The government urges checking HMRC's free online tool.
Bus Drivers Win Over £100k on EuroMillions Ticket
Three bus drivers from Birmingham have won more than £100,000 on a EuroMillions ticket, with plans to spend the winnings on mortgages, holidays, and cars.
HMRC owes 730,000 households £855 each in unclaimed refunds
More than 730,000 UK households failed to claim PAYE refunds last year, with unclaimed refunds worth £624 million total, averaging £855 each, says ICAEW.
£338 Warning for Premium Bonds Holders
Premium Bonds holders who never won could have earned £338 instead of £128.91, says AJ Bell, urging a review of savings strategy.
Forgotten Bank Accounts: Millions Missing Out on Billions
Finance expert Laura Pomfret warns that billions of pounds sit unclaimed in forgotten bank accounts and pensions, urging people to check using free tools like My Lost Account.
Solihull Man Charged Over Alleged £100k Fraud
Mohammed Choudhury, 48, of Solihull, has been charged with five counts of fraud by false representation in connection with an alleged £100,000 personal banking and credit card fraud.
Burnham's CGT change could hit families with £120,000 bill
Andy Burnham's proposed removal of capital gains tax 'uplift on death' could leave families inheriting homes with bills up to £119,280, warns Rathbones.
Car Finance Ruling Allows Mass Complaints
Court of Appeal dismisses lender appeal, paving way for mass car finance commission complaints, potentially bypassing FCA scheme.
Car Finance Compensation Suspended Until 2027
Millions of drivers must wait until 2027 for car finance compensation as the FCA suspends the £830 payout scheme due to legal challenges.
Check Payslip Code for £689 Refund
Nearly one third of UK adults who checked their tax code were wrong, overpaying HMRC by an average of £689, or £5.8 billion nationally. Workers urged to verify code.
Drivers Face £924 Cost to Get Driving Licences
New study reveals average learner spends £924 on lessons and tests, with one in five considering giving up due to costs.
Drivers Over 65 Face £431 Charge to Stay on Roads
Drivers over 65 in England face a £431 annual car insurance premium, up from £407 in Q1 2026. Young drivers in London see costs rise to nearly £3,000.
Labour Defends NI Hike as Health Investment
Skills minister Jacqui Smith defends Labour's National Insurance rise during a Dudley visit, arguing it funds the NHS and reduces worklessness among young people.
Santander Offers £2,400 Back with 8% Savings Account
Santander confirms it will give £2,400 back to thousands of customers who save £200 monthly for 12 months at 8.00% AER/gross (variable) interest rate.
Pensioners Rush to Buy Annuities Ahead of 2027 IHT Rule Change
Retirees are rushing to purchase annuities before Labour's 2027 pension inheritance tax rule change, with Standard Life reporting a fourfold increase in over-75 buyers in early 2026.
West Midlands Car Insurance Prices Rise
Car insurance premiums in the West Midlands have increased by 4% in the last quarter, with average costs now reaching £1,050, according to new data.
HMRC Issues £2,200 Warning for 11 Major UK Banks
More than 750,000 young people have unclaimed Child Trust Fund accounts worth £2,200 on average. HMRC meets with 11 banks to reunite owners with funds.
Reeves ISA Rule Change: 22% Tax on £300 Interest
Chancellor Rachel Reeves plans a 22% tax on cash interest in stocks and shares ISAs, alarming experts who warn it undermines the ISA brand and adds complexity.
BBC Licence Fee Could Soar to £245 by 2036
Analysis shows BBC TV licence fee could hit £245 by 2036 if 3.14% annual increases compound, with current fee at £180 and rising pressures on households.
Scottish Widows Tool Finds Lost Pensions Worth £31.1bn
Scottish Widows launches an in-app tool to help trace 3.3 million lost pension pots worth £31.1bn, with 1 million registrations and £1.2bn consolidated since 2024.
Rachel Reeves rule warning for £10,000 savings holders
Households with £10,000 in savings face tax risk due to frozen tax bands and reduced personal savings allowance, warns Martin Lewis.
Monthly car insurance costs 30% more, drivers warned
Insurers charge drivers nearly 30% extra for monthly car insurance payments compared to annual lump sums, according to Which? analysis, with nine brands imposing 29.9% APR.
State Pensioners May Get £352 Boost After Starmer Quits
State pensioners could see a £352 rise under the triple lock retained by Sir Keir Starmer, who has resigned as Prime Minister. The policy is expected to continue under his successor.
Cash ISA Changes: Savers Face 22% Charge from 2027
Chancellor Rachel Reeves confirms a 22% charge on cash interest in non-cash ISAs from April 2027, as the tax-free limit drops to £12,000 for under-65s.
Car insurance rises to £719 for first time in three years
Car insurance costs have risen to an average of £719 per year, the first increase in three years, with claim payouts up 42% since 2020, according to Confused.com.
UK savers with £20,000 warned over missing £322 a year
Savers with £20,000 in a closed easy-access account earning 2.39% could miss out on £322 a year by not switching to a 4% account, warns Moneyfactscompare.co.uk.
Banks Give Mortgage Customers Up to £2,000 Free Cash
HSBC, Skipton, Yorkshire Building Society, and Accord Mortgages offer up to £2,000 cashback on selected mortgage deals, easing moving costs for buyers.
Pension Warning for Side Hustlers: £154,000 Blow
49% of people have a side hustle, but only 5% save into a pension. PensionBee warns this could cost up to £154,000 in retirement savings.
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