Martin Lewis's tax warning on fixed savings accounts
Martin Lewis explains the £1,000 savings interest allowance and warns HMRC may be taxing interest incorrectly. Learn how to check and challenge your tax code.
Martin Lewis explains the £1,000 savings interest allowance and warns HMRC may be taxing interest incorrectly. Learn how to check and challenge your tax code.
Lloyds Bank has issued a clarification on the rules for its cash switching incentive, specifically for couples opening a joint account. Key steps and eligibility criteria explained.
Savers can earn 5% interest with Yorkshire Building Society's popular Christmas Regular Saver, helping build a festive fund. Open now for a stress-free 2026.
Savers with Nationwide and other banks are being reminded of the Personal Savings Allowance. Earning over £1,000 in interest could lead to an unexpected HMRC tax bill. Learn the rules to protect your savings.
Lloyds Bank advises customers to phone its Switcher Team on 0345 604 9956 if they haven't received a confirmation email for a cash incentive offer. The bank responded to queries on social media amid the cost of living crisis.
Nationwide Building Society announces major mortgage rate cuts effective 15 January, with a new headline rate of 3.50%. Experts predict a boost for the 2026 property market.
Barclays bank reveals a simple 'vanishing trick' using rare £2 coins to build savings effortlessly. Discover how small daily habits can add up to over £100 a year.
HMRC is contacting UK households with savings over £12,500 as the 31 January self-assessment deadline approaches. Check your Personal Savings Allowance now to avoid a surprise tax bill.
TSB has launched a new £200 switching incentive for its Spend & Save accounts. Learn the criteria and how it compares to rival offers from Lloyds and Santander.
Halifax launches a new 12-month Regular Saver account with a 5.5% fixed interest rate. Learn the key details, eligibility, and how it compares to recent mortgage rate cuts.
Nationwide Building Society is reducing rates on 13 savings products from February 10, following the Bank of England's rate cut. Find out which accounts are affected.
Lloyds Bank has reduced rates on its Club Lloyds mortgages, offering the market's cheapest two-year fix. Experts warn against switching just for the rate. Discover if you're eligible.
Nationwide Building Society announces reductions to numerous savings products from 10 February, following the Bank of England's December rate cut. Find out which accounts are affected.
Money Saving Expert Martin Lewis predicts a 7% drop in the energy price cap from April 1, aligning with a planned £150 government cut. He urges households to seek cheaper fixed tariffs now.
A personal finance expert warns UK consumers about the pitfalls of chasing bank switch bonuses. Learn the crucial checks to make before switching your current account.
Lloyds Bank has responded to customers who missed out on a £200 switching bonus. The bank advises affected clients to contact them via the mobile app for resolution.
UK households with savings over £3,500 could face surprise tax bills as HMRC tightens checks on bank interest. Learn your Personal Savings Allowance and how to prepare.
Money experts warn Nationwide customers with over £5,000 savings to act now. Online banks offer better deals as high street giants prepare to slash rates following Bank of England cut.
Nationwide Building Society has emailed millions of members about a new fixed-rate loan offer, with repayments from just over £190 per month. Get your personalised quote now.
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.
Barclays slashes purchase and remortgage rates from 9 January, joining HSBC and Halifax. Experts predict fierce lender competition in 2026. Read the latest.
A promised £150 energy bill saving won't arrive until April, leaving households exposed to high winter costs. Experts warn of a 'winter gap'. Discover how to protect yourself now.
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.
Tens of thousands of UK homeowners face a sharp rise in mortgage costs as five-year fixed-rate deals from 2021 expire. Expert advice on navigating the remortgage shock.
Three men have been prosecuted and ordered to pay over £900 in total after failing to pay Fixed Penalty Notices for littering in Walsall. Walsall Council warns residents to dispose of waste responsibly.
Following NS&I's latest rate reduction, finance expert Kevin Mountford urges savers to shop around for better deals. Discover top fixed and easy-access alternatives available now.
NS&I has launched new issues of its fixed-term British Savings Bonds with reduced interest rates. Find out the new rates for 1 to 5-year terms and what it means for your savings.
With a £150 energy bill cut not effective until April 2026, learn how locking in a fixed tariff now can shield your budget from winter price spikes. Discover Utility Warehouse's bundled approach to savings.
A fast-growing UK bank is offering businesses the chance to earn substantial 'quiet interest' on spare cash, with potential returns of up to £10,000 in 2026. Discover how to make your money work harder.
UK households are urged to check savings accounts this week as leading fixed rates fall. Experts advise shopping around for inflation-beating deals from building societies and digital banks.