Lloyds, Halifax, Bank of Scotland Compensation Update After Outage
Lloyds Banking Group issues a compensation update after an outage affected Lloyds, Halifax, and Bank of Scotland customers in Birmingham and across the UK.
Category : Finance Banking
Energy Firms to Pay £200: How to Claim Cash Now
Energy customers can claim up to £200 back from suppliers like British Gas, Octopus, and Eon. Experts say now is the perfect time to check your credit balance.
Which Debts to Pay Off First: 4 Priority Types
Learn which debts to prioritize: priority debts like mortgage, council tax, and utilities, plus avalanche and snowball methods for non-priority debts.
DWP: 9 State Pension Rate Changes Coming in June
Nine state pension rates change this June following April's uprating. The triple lock ensures increases based on earnings, inflation, or 2.5%. New and basic rates rise 4.8%, while other elements increase 3.8%.
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DWP State Pension £2,000 Shortfall Alert for Ages 66-75
Debbie Abrahams warns that the state pension alone leaves millions aged 66-75 with a £2,000 annual shortfall, urging government action.
HMRC to Raid Bank Accounts, Seize Cash Under £5,000 Rule
HMRC has raised £13 million by threatening to raid bank accounts under new direct recovery powers, seizing cash from those owing under £1,000.
Emergency Savings: How Much You Really Need
Discover how much emergency savings you actually need, where to keep it, and tips to build your fund quickly with expert advice and ISAs.
Pension Savings Guide: How Much You Need by Age
Most Brits are not saving enough for retirement. Learn the recommended pension pot sizes by age 30, 40, 50, and 60 according to Pension UK's guidelines.
Rachel Reeves Pension Tax Change May Reduce Family Inheritance
From April 2027, unused pension funds will be included in estates for inheritance tax, potentially reducing what families inherit. Experts advise reviewing plans.
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Nationwide ISA Update: Members to Get Exclusive Deals
Nationwide Building Society has announced plans to reward members with exclusive deals, including potential ISA offers, following customer inquiries about its Member Exclusive Online Bond.
Nationwide £100 Bonus for 4 Million Customers This June
Nationwide has announced its Fairer Share scheme will pay £100 to over 4 million eligible customers automatically between June 10 and 30, 2026.
State Pensioners Face £32,800 Shortfall for Comfortable Retirement
New data reveals state pensioners need an extra £32,800 for a comfortable retirement, with only 9% on track. Experts warn of a pension 'cliff edge'.
DWP Issues State Pension Age Change Warning for Over 55s
The DWP warns over 55s as state pension age rises from 66 to 67. Many are accessing private pensions early to adjust work hours before retirement.
Bank Rule Change May Reduce Consumer Compensation Access
A planned Treasury shake-up of financial services rules could weaken consumer protections, leaving vulnerable customers without compensation when wronged by banks.
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UK Labour Faces Backlash Over New 8-Hour Rule
Labour's plan to ban zero-hours contracts with a guaranteed 8-20 hour week faces criticism from unions and employers, affecting over 1 million workers.
BBC Licence Fee May Hike to £191 Amid Inflation Shock
The BBC TV licence may increase from £180 to £191 for some households due to inflation from the US-Israeli conflict with Iran, making it the second most expensive in Europe.
M&S Bank Customers Moving to HSBC: Key Details
Millions of M&S Bank customers are being transferred to HSBC from June 1. Accounts, direct debits, and card numbers remain unchanged. Savings and ISAs now held with HSBC.
HMRC to Send Automatic Tax Letters from June
HMRC confirms it will issue tax calculations from June after reviewing records. Taxpayers may receive refunds or owe extra tax via P800 letters.
NS&I Confirms £376M Handout for Premium Bonds Holders
NS&I announces over £376 million in tax-free prizes for June 2026, with two £1 million jackpot winners from Leeds and Cheshire & West Chester.
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NS&I Premium Bonds Prize Rate Rises to 3.80% from July
NS&I confirms Premium Bonds prize fund rate will increase to 3.80% for July 2026 draw, with odds improving to 22,000 to 1, adding £60 million to prize pot.
Petrol Drivers Face £123 Charge in June
Petrol drivers in the UK face paying £123 in June as average petrol prices rise to 159.48p per litre, driven by Middle East conflict and fuel duty policies.
Petrol Drivers Save £9 Per Tank with Fuel Finder in June
The CMA confirms petrol drivers in England can save £9 per tank using the Fuel Finder tool, as retail margins remain high despite no evidence of price manipulation from the Iran conflict.
Tories Plan Benefit 'Ration Cards' for Convicts
The Conservative Party proposes replacing cash benefits with payment cards for offenders to prevent spending on alcohol, cigarettes, and gambling, calling it immoral to waste taxpayer money.
Fuel Duty Freeze Extended for 9 Driver Groups
Chancellor Rachel Reeves extends 5p fuel duty cut until 2027, saving drivers £120. Nine groups affected including households and businesses.
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Rachel Reeves Scraps £912 Charge for Drivers
Chancellor Rachel Reeves introduces 12-month road tax holiday for hauliers, saving up to £912 per vehicle, to combat rising transport costs from Iran war.
Rachel Reeves Urged to Give Fuel Duty Rebate to Three Driver Groups
The Road Haulage Association calls on Labour to introduce a fuel duty rebate for truck, van, and coach operators to curb rising costs and inflation.
Rachel Reeves Cuts Car Tax to £1 for Thousands of Drivers
Rachel Reeves slashes car tax to a nominal £1 charge for thousands of drivers. Hauliers get a 12-month road tax holiday saving up to £912 per vehicle.
Rachel Reeves' £500 Tax Hike for EV Owners from 2028
Chancellor Rachel Reeves confirms new pay-per-mile tax and standard vehicle tax for EVs, costing average driver £500 annually from 2028, sparking concerns over EV adoption.
Energy Bills Set to Rise Another £100 Warn Experts
Network charges alone will add £104 to the average annual energy bill, with total costs predicted to reach £1,970 by 2030, hitting households hard.
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Aldi Warns Against Storing Potatoes in Common Kitchen Area
Aldi issues urgent advice on potato storage, warning against keeping them near onions and suggesting fridge storage to extend shelf life by three times.
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