Savings Tax Hike Warning for Millions of UK Households
A major building society warns millions could face unexpected tax bills due to a planned hike on savings interest and frozen allowances. Discover how to protect your savings now.
A major building society warns millions could face unexpected tax bills due to a planned hike on savings interest and frozen allowances. Discover how to protect your savings now.
Nearly 900,000 UK households with £3,500 or more in savings may receive HMRC letters about tax on interest. Check your Personal Savings Allowance now to avoid surprises.
Nationwide's subsidiary, The Mortgage Works, slashes switcher rates by up to 0.20% for existing landlord customers, effective from Thursday 4 December 2025.
UK households have amassed £207 billion in Cash ISAs, a 14% annual rise, despite Chancellor Rachel Reeves slashing the tax-free cash allowance to £12,000 from 2027.
Nationwide data shows annual house price growth softened to 1.8% in November. Market shows resilience with a 0.3% monthly rise. Read the full analysis.
British pubs warn of soaring bills and closures as a £150 million business rates increase looms. Industry leaders call for urgent government support to save local pubs.
Money expert Martin Lewis reveals who Premium Bonds truly benefit and compares NS&I's guaranteed savings rates. Find out if they're right for you.
Nationwide's latest index shows UK house prices rose by £772 in November to £272,998. Experts discuss market resilience and the outlook for 2026. Read the full analysis.
The Bank of England's latest data shows new mortgage rates have dropped to 4.17%. Experts analyse the market ahead of the crucial interest rate decision. Read the full report.
The Bank of England is expected to cut interest rates on December 18, with markets predicting a 90% chance. This has already triggered mortgage rate reductions from major lenders, offering hope to home buyers.
Millions of UK households risk losing value on savings held in zero-interest current accounts. Experts urge moving funds to beat 3.6% inflation. Act now to protect your cash.
The new Midlands Metro line into Dudley passes through some of the borough's most deprived wards, revealing stark inequalities in unemployment and housing. Discover the data behind the divide.
NS&I customers warned about Premium Bonds prize rate cuts as new British Savings Bonds launch with higher interest rates. Expert analysis reveals what this means for your savings.
UK households can earn up to £135 in free interest by switching to high-rate 7% regular savings accounts. Discover how to make your money work harder against inflation.
Solihull's smoking rate is 12.8%, below England's average. However, rates in northern wards like Chelmsley Wood reach 26.7%, prompting targeted council action to reduce health inequalities.
UK savers with Cash ISAs are losing real money as inflation outpaces interest rates. Discover how to protect your savings and beat the 3.6% inflation rate.
Chancellor Rachel Reeves announces a double blow for savers: a cut to the Cash ISA allowance and an increase in tax rates on savings interest from April 2027.
NS&I increases its Net Financing target to £13bn for 2025-26, offering positive news for 24 million Premium Bonds holders after previous rate cuts. Discover what this means for your savings.
Asda rewards Christmas Savings Card users with up to £15 in surprise payments. Discover how the scheme works and how to get your bonus for 2026.
Millions of UK state pensioners will receive a £575 annual increase from April 2026. Discover how the triple lock policy impacts your pension payments and what it means for you.
Co-op is investing £1bn in the UK economy, cutting prices on 1,000 items and supporting British farmers. The move responds to the cost-of-living crisis and new business rates.
North West business leaders give mixed reactions to Chancellor Rachel Reeves' Budget, with many warning of a lack of growth strategy and concerns over regional investment. Read the full analysis.
Liverpool Chamber of Commerce members express relief at 'no surprises' Budget but call for a clearer government vision for long-term economic growth. Read the full analysis.
Chancellor Rachel Reeves unveils major tax rises on property, pensions and EVs in her Autumn Budget 2025, while scrapping the two-child benefit cap. Full analysis of the economic impact.
Savings expert Alex Sitaras reveals smart strategies to shield your money from Rachel Reeves' planned ISA allowance cuts. Act now to maximise tax-free savings.
Tesco, Sainsbury's, Aldi and Lidl face millions in new business rates after Treasury reversal. Find out how this will impact shoppers.
Savers are rushing to lock in high-interest accounts as Bank of England rate cuts loom. Discover the top-paying providers and why switching from major banks is crucial now.
Chancellor Rachel Reeves' plan to slash the cash ISA allowance by 40% risks reducing savings, limiting mortgage lending and pushing up rates for borrowers.
Barclays and HSBC cut fixed mortgage rates. Over 40 lenders have reduced deals since November. Experts urge households to secure a new deal now before potential changes.
Chancellor Rachel Reeves is set to slash the cash ISA allowance from £20,000 to £12,000 in the Autumn Budget. Experts warn this could damage the building society ecosystem and lead to higher mortgage rates. Read the full analysis.