Warning for Brits with £10,000 in bank accounts
Millions are losing money as inflation erodes large cash balances in zero-interest current accounts. Experts urge a switch to easy-access savings or Cash ISAs to protect your savings.
Millions are losing money as inflation erodes large cash balances in zero-interest current accounts. Experts urge a switch to easy-access savings or Cash ISAs to protect your savings.
Nationwide Building Society is offering a 4% fixed-rate cash ISA, paying £400 interest on a £10,000 deposit. Experts urge savers to act fast as banks cut rates.
Nationwide Building Society's 'Fairer Share' initiative could see members receive a £100 bonus in 2026, with new joiners eligible for an extra £175 switch offer, totalling £275.
Coventry Building Society urges savers to act as the ISA tax-free allowance is confirmed to fall from £20,000 to £12,000 in April 2027. Experts advise on protecting savings now.
Nationwide reveals cash withdrawals hit a new high of £4.2bn in 2025, but warns the trend is 'exacerbated' by widespread bank branch closures. Discover the full story.
HMRC plans to close a Cash ISA loophole, potentially hitting Birmingham households with a £162 tax charge. Learn how the 2027 reforms affect your savings.
UK savers deposited a record £5.1bn into Cash ISAs fearing a Budget cut. The new £12,000 cap from 2027 impacts affluent savers. Learn how to protect your savings.
Chancellor Rachel Reeves's Autumn Budget changes will force savers to invest £8,000 of their ISA allowance. Experts warn it penalises low-risk savers and complicates retirement planning. Read the full analysis.
Chancellor Rachel Reeves confirms the cash ISA annual limit will be cut from £20,000 to £12,000 from April 2027. However, state pensioners aged 65+ will retain the higher £20,000 allowance. Read the full details.
HMRC tells savers to 'wait' for a letter if they overpaid into an ISA. Find out the tax implications and the crucial steps you must take now to avoid penalties.
Financial experts urge parents to start teaching children about money as young as three. Discover the best savings accounts, Junior ISAs, and long-term strategies to build lifelong financial resilience.
UK households could be hit with a £162 tax penalty under new HMRC rules targeting cash held in Stocks & Shares ISAs. Learn how the 2027 changes affect your savings.
Experts warn of 'unnecessary tax' as the cash ISA limit drops to £12,000 in 2027. Learn how to protect your savings and maximise your personal savings allowance.
Savings expert Matthew Jenkin warns UK bank customers could miss out on £333 interest on £10k by not switching from high street banks. Find out how to maximise your savings in 2026.
Personal finance expert Matthew Jenkin reveals how sticking with familiar banks could cost UK savers hundreds. Discover how to find better rates and protect your savings.
UK households with savings under £12,000 are urged to review their accounts ahead of major ISA rule changes in 2027. Experts advise using your tax-free allowance now to maximise long-term growth.
Millions face higher tax bills as Labour cuts Cash ISA allowance to £12,000, freezes savings allowance & hikes rates. See how it impacts you.
A UK-first trial will give 125 homeless people in London and Belfast £2,000 each with no spending rules. The study aims to see if direct cash improves long-term outcomes. #Homelessness #SocialPolicy
Financial experts urge UK households with £5,001+ in savings to move their money. Inflation and low rates are eroding wealth. Learn how to protect your cash.
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.
Chancellor Rachel Reeves slashes cash ISA allowance to £12,000 from 2027. Experts reveal how using the new £8,000 stocks & shares allowance could leave you £300,000 better off.
UK households now hold £207 billion in cash ISAs, a 14% annual rise, as savers build buffers against economic uncertainty. New Autumn Budget rules will change limits from 2027.
New data reveals UK children received inflation-busting pocket money rises in 2025, averaging £10.73 weekly. Discover regional differences and how kids are earning their cash.
Chancellor Rachel Reeves's Autumn Budget sparks a 'double tax raid' on UK savings via ISA reforms and frozen tax thresholds. Discover the impact on your money and what you can do.
HMRC urges parents of children who just turned 18 to check for unclaimed Child Trust Funds, averaging £2,200. Learn how to locate and access these tax-free savings.
UK households are urged to act on a five-point financial plan following Chancellor Rachel Reeves's Autumn Budget. Experts advise using ISA allowances, reviewing salary sacrifices, and strategic gifting to mitigate tax changes.
A new ISA limit of £12,000 from April 2027 means millions could pay tax on savings interest. See how basic and higher-rate taxpayers are affected.
Millions face a tax bill after the cash ISA allowance was cut from £20,000 to £12,000. Analysis reveals higher-rate taxpayers could lose £1,216. Explore tax-free alternatives now.
HMRC unveils strict measures to prevent savers circumventing the new £12,000 cash ISA limit from April 2027. Experts warn of 'stealth tax' on investors.
Following the Autumn Budget, experts advise UK households on three key strategies using ISAs, pensions, and SIPPs to protect savings from new tax rules. Act now to optimise your finances.