£830 Car Finance Scandal: FCA Warns Lenders
Motor finance lenders admit they are "very concerned" about the FCA's £9bn compensation scheme, with average payouts of £830 per claimant.
Motor finance lenders admit they are "very concerned" about the FCA's £9bn compensation scheme, with average payouts of £830 per claimant.
Households with British Gas or Octopus may claim up to £200 from credit built up on direct debit accounts. Experts advise checking balances before requesting refunds.
Chancellor Rachel Reeves confirms a £120 discount for drivers through fuel duty freeze, as petrol costs expected to fall after Iran war ends.
Charlotte Cox, who won £1 million on a scratchcard, is being sued by her ex-boyfriend Michael Cartlidge for half the winnings after she ended their relationship.
Martin Lewis warns that Brits have been 'programmed' to expect rising insurance costs, but data shows prices are actually falling. He urges consumers to shop around.
HMRC is sending brown envelopes to people earning over £1,000 from side hustles, reminding them to complete a tax return and keep accurate records.
Martin Lewis shares a timing tip that could save hundreds on car and home insurance. The sweet spot is 26 days before renewal for car insurance and 15-20 days for home insurance.
The Student Loans Company is contacting 71,000 Plan 2 customers about balance corrections due to technical errors in interest calculations.
A 22-year-old earning £25,000 could increase their pension pot by £69,000 by saving the cost of a World Cup train fare each month, according to Standard Life.
HMRC warns that people earning over £1,000 from side hustles, self-employment, or rental income may need to file a tax return. Check deadlines to avoid penalties.
Illegal money lending specialist Cath Wohlers shares five critical red flags to help you avoid predatory lenders who may be hiding in plain sight within your social circles.
Octopus Energy is adding £512 credits to customer accounts, with smart tariffs saving nearly £1 billion. Customers can win credits via survey.
HMRC is targeting 144,000 savers with £5,000 tax demands on savings interest, up from 52,700 in 2022-23. Over 2.7 million savers face tax bills in 2026-27.
Martin Lewis explains how customers of Barclays, Lloyds, Halifax, and Santander can earn extra cash through bank switching and Lloyds Rewards prize draws.
HMRC's Marriage Allowance and Rent-a-Room scheme can boost your Personal Tax-Free Allowance to £21,330, cutting tax bills by up to £252 a year.
From rising energy bills to new BNPL rules, five key financial changes will affect every UK household from July 2026. Learn what to expect.
Barclays, NatWest, and First Direct are each offering £200 to new customers who switch accounts, with additional perks like cashback and savings rates.
HMRC is sending tax letters demanding £641 on average from basic rate taxpayers as savings tax hits double the number of people in three years, rising to 2.79 million.
The number of savers paying £5,000+ in tax on savings interest has surged 173% in four years, reaching 144,000 in 2026-27, according to Paragon Bank FoI data.
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.
Pensions 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.
Marks & 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.