Oil prices surge to a seven-month peak over $70 per barrel, driven by potential US strikes on Iran. Experts warn this could spike petrol costs and reignite inflation, threatening recent economic gains.
Virgin Media O2 reports a net loss of nearly 400,000 mobile subscribers in 2025 after implementing a £2.50 monthly increase, with 164,800 leaving in the final quarter alone.
Debt advisors warn scrapping the £100 contactless cap on March 1 could trigger impulsive spending, debt, and fraud. Vulnerable groups identified and safeguards recommended.
British Gas reports a sharp drop in profits as nearly a third of customers move to fixed-rate energy deals. The energy price cap is also forecast to fall by £117 from April 2026.
HMRC has issued a critical warning about common tax errors that can lead to steep penalties, interest charges, and legal action. Failing to declare Capital Gains Tax or missing the £3,000 tax-free allowance are among the top mistakes highlighted as the Ap
Motorists across the UK could miss out on billions in compensation from the car finance scandal as the Financial Conduct Authority considers scaling back redress schemes.
Megan Smith Evans, a 33-year-old shopaholic from Birmingham, paid off £13,000 of debt in just 12 months by following strict rules like a no-spend January and colour-coded tracking.
HMRC is investigating 14,000 bereaved families for potential inheritance tax underpayments, with investigations increasing by 41% in the past year. The tax authority is using substantial powers to examine estates going back up to 20 years.
Virgin Media broadband customers face a 7.7% price increase this April, with millions on older contracts tied to unpredictable inflation-linked rises.
The UK government is expected to water down proposals to tax cash held in stocks-and-shares ISAs, following industry consultations. Investment platforms express cautious optimism about more proportionate rules.
Inflation in the UK has decreased to 3%, its lowest point in nearly a year, but electricity prices have risen by 5.3%, leading households to overpay by £276 annually on average.
MoneySavingExpert.com highlights Santander, Nationwide, and Co-op Bank accounts with cash incentives up to £225, plus perks like high-interest savings and cashback.
Sky announces price increases for broadband and TV packages, but includes Netflix, Disney+, and HBO Max for free, potentially saving customers £240 annually.
The UK's inflation rate decreased to 3% in January 2026, down from 3.4% in December, while unemployment rose to 5.2%, the highest level since 2021, according to the Office for National Statistics.
UK inflation dropped to 3.0% in January, its lowest level in nearly a year, driven by falling petrol and food prices. This decline strengthens expectations for a Bank of England interest rate cut in March.
Barclays announces lucrative cash incentives up to £1,000 for customers switching to Premier accounts and ISAs, with eligibility requiring £75,000 income or £100,000 savings.
A district nurse accidentally discovered she overpaid nearly £3,000 in tax after comparing payslips with colleagues. She urges everyone to verify their tax codes to avoid similar financial losses.
Savvy savers can legally raise their income tax threshold to £18,570 using HMRC loopholes. Learn how to combine allowances to reduce your tax bill and reclaim overpaid tax.
Millions of state pensioners are being taxed without receiving proper documentation, making it nearly impossible to verify HMRC's calculations. Experts warn the system creates confusion and hardship for retirees.
New research reveals nearly half of self-employed individuals lack understanding of Making Tax Digital requirements, with many missing necessary software as the April 2026 implementation approaches.
Tesco introduces a new perk allowing Clubcard members to convert vouchers into travel insurance, helping Brits save on holiday costs amid rising travel demand.
Finance experts warn savers to reassess their accounts as the annual ISA tax-free allowance drops from £20,000 to £12,000 for under-65s from April 2027, with fraud risks highlighted.
The average credit card purchase APR has surged to 35.8%, the highest level in two decades, with experts warning about rising debt and advising consumers to monitor spending closely.
NatWest has launched a new cash-switching offer, providing free £150 payments to new customers who move their accounts. The deal includes access to a high-interest savings account and requires a minimum deposit.
HMRC has recovered an additional £246 million in underpaid inheritance tax last year, with investigations rising to nearly 4,000 UK households as the tax authority uses AI and data-matching tools.
Lloyds Banking Group has divested its European life insurance division, Scottish Widows Europe, to FTSE 250 firm Chesnara in a €110 million deal, adding significant assets and policyholders.
HSBC is providing a switching offer for high earners, offering up to £750 in cashback and access to a digital private GP service for those who meet eligibility criteria by April 30, 2026.
NatWest is providing a £150 cash incentive and a competitive 7.00% AER savings rate to customers who switch to its Select or Reward accounts, with funds deposited within 30 days of meeting conditions.
UK homeowners can legally earn £20,070 tax-free by combining the personal allowance with the Rent a Room Scheme, which allows £7,500 annually from renting a furnished room.
Mobile and broadband provider Giffgaff reduces its 200Mbps broadband plan to £29 monthly, offering relief as competitors implement significant price increases up to 13.4%.