Category : Finance Banking


Pension Lump Sum Faces £100k Cut in Budget

Labour may slash the tax-free pension lump sum from £268,275 to £100,000 in the Autumn Statement, breaking a 20-year retirement planning cornerstone. Discover the financial impact.

Warning over new £12,000 cash ISA limit

Chancellor Rachel Reeves may set the cash ISA limit at £12,000, not £10,000. Experts warn this could push savings out of the UK. Discover the potential impact on your finances.

How to boost your State Pension by thousands

Discover how National Insurance records affect your State Pension amount and learn practical strategies to increase your payments, including buying missing years and deferral options.

Lloyds Bank pays £200 to new customers

Lloyds Bank is offering £200 to customers who switch from rival banks. Discover how to claim this cash incentive and compare other current account offers available now.

State pension to trigger income tax for millions

Millions of UK pensioners face an income tax bill as the state pension is set to overtake the personal allowance threshold by 2027. Discover how frozen tax bands are creating a 'stealth tax'.

New £2,000 Salary Sacrifice Cap in Autumn Budget

Chancellor Rachel Reeves is set to impose a £2,000 annual limit on salary sacrifice pension schemes, triggering National Insurance on excess amounts. Experts warn this could discourage retirement saving.

Chancellor Scales Back ISA Changes After Backlash

Chancellor Rachel Reeves is set to announce a less severe cut to the cash ISA allowance, reducing it to £12,000 after pressure from building societies. Discover the details ahead of the November 26 Budget.

HMRC pension tax changes threaten retirees

Chancellor Rachel Reeves' Autumn Budget may slash pension tax-free lump sums and relief. Experts warn this undermines retirement planning for millions. Discover the potential impact.

Halifax customers hit with duplicate withdrawal shock

Thousands of Halifax banking customers are reporting duplicate cash withdrawals draining their accounts overnight. The major banking glitch has left families struggling to pay bills as the bank scrambles to fix the error.

Lloyds Bank Closing 45 Branches Across UK

Lloyds Banking Group reveals plans to shut 45 branches across England and Wales in 2024, citing changing customer habits and digital banking shift. Find out which locations are affected.

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