Martin Lewis issues tax warning to savers with £20,000
Money expert Martin Lewis warns households with over £20,000 in savings could be taxed on interest due to frozen tax bands. Learn how to protect your savings legally.
Money expert Martin Lewis warns households with over £20,000 in savings could be taxed on interest due to frozen tax bands. Learn how to protect your savings legally.
A shocking new report reveals over 342,000 vehicles were stolen in the UK between 2022-2025, with a recovery rate of just 13%. Discover the high-risk areas and the 10 models thieves target most.
Millions face higher tax bills as Labour cuts Cash ISA allowance to £12,000, freezes savings allowance & hikes rates. See how it impacts you.
Brokers forecast a mortgage price war in early 2026, with rates potentially falling below 3.5%. Leeds Building Society has already cut rates, signalling a competitive start to the year.
Over 12 million UK current accounts pay 1% or less interest on balances above £5,001. Experts warn savers are missing out on hundreds of pounds annually. Learn how to boost your savings now.
Martin Lewis details the January energy price cap fall of 1%, warning bills are still double pre-crisis levels. He advises on meter readings and fixed deals.
NatWest promotes a simple 1p daily savings challenge, endorsed by Martin Lewis, that can grow to £667.95 in a year. Learn how small daily steps can build a significant nest egg.
Moneyfactscompare unveils the best savings rates for the week of Dec 29, 2025. Expert urges switching to beat inflation. Discover top regular, fixed-rate and Cash ISA deals.
Nearly half of UK mortgage holders will see bills rise by £768 a year as fixed deals expire. The Bank of England warns of payment shocks despite recent rate cuts.
With UK inflation at 3.6%, experts offer six actionable strategies to protect your finances. Learn how to calculate your personal rate, cut food costs, and find inflation-busting savings.
HMRC has clarified the 'starting rate for savings', a 0% tax band on up to £5,000 of savings income for eligible UK households. Find out if you qualify and how it works.
NatWest reveals three simple savings challenges, including a 52-week plan, that could help UK customers build a pot of up to £1,378. Start your savings habit today.
UK households face higher tax on savings interest from 2027. Learn how the personal savings allowance and new ISA caps will affect your money. Act now to protect your savings.
Monzo reduces interest on its popular savings pots, including the viral 1p Challenge, following the Bank of England's rate cut. Savers face lower returns from January 6.
HMRC is reducing interest on late tax payments from 8% to 7.75% from January 9, following the Bank of England's base rate cut. Learn the new rates and key self-assessment deadlines.
Monzo is reducing the interest rate on its 1p Savings Challenge and Instant Access Pots from January 6, impacting customer returns. Find out how this change affects your savings.
UK homeowners and first-time buyers set for lower monthly costs after the Bank of England's base rate cut this week, unlocking pent-up housing demand. Read expert analysis.
Nationwide research reveals UK savers earned £436 interest on average in 2025. Ambitious 25-34 year olds plan to save nearly £15,000 next year. Discover how to maximise your savings returns.
UK mortgage rates are poised to fall below 3% by spring after a Bank of England rate cut, with lenders expected to launch a competitive price war in January. Discover what this means for homebuyers.
A key HMRC rule means anyone can increase their Personal Allowance by £1,000 through side hustles. Learn how to earn tax-free and use other savings allowances.
HMRC announces lower interest rates for late tax payments and repayments following the Bank of England base rate cut. New rates take effect from 29 December 2025. Find out how this affects you.
UK inheritance tax receipts reach £5.8bn in eight months, driven by frozen thresholds. Experts warn the 'quiet' revenue raiser is forecast to hit £14.5bn by 2031. Read the full analysis.
Moneyfactscompare experts urge savers with major banks to act after crucial warning. Top rates slashed post-BoE cut. See the best accounts for your cash now.
Prime Minister Keir Starmer welcomes the Bank of England's latest interest rate cut, highlighting government action on the cost of living. Read the full story.
Over 500,000 UK homeowners on tracker mortgages will see monthly payments fall by nearly £29 after the Bank of England's decision. Find out what it means for you.
Nationwide Building Society will reduce its Standard Mortgage Rate by 0.25% to 6.49% from 1 January 2026, following the Bank of England's base rate cut. Find out what this means for your repayments.
The Bank of England has cut the base interest rate to 3.75%. Martin Lewis explains what this means for your mortgage, savings, and loans. Read his full analysis.
The Bank of England has cut the base rate to 3.75%, signalling a shift for savers and borrowers. Experts urge immediate action to secure top savings deals before banks follow suit.
UK business owners call on Bank of England Governor Andrew Bailey to slash interest rates as inflation falls. A cut could boost mortgages but hit savers. Read the latest ahead of the BoE's crucial decision.
Nationwide reveals UK households aim to save £7,535 on average in 2026, but one in ten won't save a penny. Get expert tips to grow your savings.