Nationwide Cuts Savings Rates, Customers Lose £38
Nationwide Building Society is reducing interest rates on 37 savings accounts, costing average savers around £38 annually. Experts urge customers to switch providers for better returns.
Category : Business
JLR Solihull Strike Threat as DHL Staff Ballot
Around 300 DHL logistics workers at Jaguar Land Rover's Solihull plant are being balloted for strike action after the company failed to present a pay offer for 2026, potentially causing severe disruption.
Black Castle Capital Wins Global 100 Venture Capital Award
London-based consultancy Black Castle Capital Partners has been honoured with the Global 100 2026 award for Best Venture Capital & Private Equity Business of the Year in the United Kingdom.
UK Law Firm Shuts Down, 600 Jobs at Risk
PM Law, a UK legal firm specialising in personal injury and conveyancing, has closed all five branches, putting 600 jobs at risk across Yorkshire, Cumbria, Berkshire, Kent and Derbyshire.
Spain & Portugal Issue 'Extraordinary' Weather Warning
UK tourists are warned as Spain and Portugal declare red alerts after Storm Leonardo causes fatal flooding, evacuations, and major transport disruption.
Vianet Seals Major US Restaurant Contract
North East tech firm Vianet announces a significant multi-year deal with a US restaurant group, alongside a robust trading update showing growth despite economic headwinds.
UK Construction Company Collapses into Liquidation
Spectre Construction and Development LTD, based in Plymouth, has appointed liquidators after nearly six years in business, with Anderson Brookes overseeing the voluntary winding-up process.
Historic Cheltenham Department Store Closes After 200 Years
Cavendish House, Cheltenham's oldest department store operating since 1823, has permanently closed. The building will be demolished for redevelopment, displacing small businesses.
HMRC Digital Tax Rules for 864,000 High Earners
From April 2026, over 864,000 sole traders and landlords earning above £50,000 must adopt HMRC's Making Tax Digital for Income Tax, requiring quarterly digital submissions.
Nationwide Cuts Savings Rates on 37 Accounts
Nationwide Building Society is reducing interest rates on 37 savings accounts from Wednesday, February 10, impacting millions of members. Financial experts advise savers to compare rates and consider switching providers to maximise returns.
Tesco Beats Asda as UK's Cheapest Supermarket
Tesco has dethroned Asda as the UK's cheapest supermarket for a large trolley shop, according to Which? data. The victory hinges on Clubcard loyalty scheme savings, sparking debate over pricing inclusivity.
UK Hiring Recovery Emerges with Millennials Most Vulnerable
New data reveals UK vacancies rose in late 2025, marking the first year-on-year increase in six quarters, though millennials account for 76% of payrolled employment reductions.
loveholidays Sale 2026 Breaks Still Available
As the loveholidays Sale enters its final weekend, discover which well-reviewed European package holidays for 2026 are still showing availability, including properties in Turkey, Portugal, Malta, Spain, and Greece.
Premium Bonds Tax-Free Trap: Martin Lewis Warning
Martin Lewis cautions savers that Premium Bonds' tax-free prizes often yield minimal returns compared to savings accounts, with experts highlighting better alternatives.
NatWest Mortgage Rates Rise Up to 0.24%
NatWest has announced mortgage rate increases of up to 0.24%, following similar moves by Barclays, HSBC, and Nationwide this week, as the Bank of England prepares its latest interest rate decision.
One Third of Shoppers Face BNPL Ban Under New Rules
New regulations from July will require Buy Now Pay Later firms to conduct affordability checks, potentially excluding millions of UK consumers from using these services.
US Interest in Financing Cornish Tin Mine Project
Cornish Metals reveals potential US government financing for South Crofty mine revival, aiming to supply tin to America and boost UK mining sector.
Bank of England to Hold Rates as Inflation Rises
The Bank of England is likely to keep interest rates at 3.75% this week as policymakers balance inflation control with economic growth, following December's unexpected CPI increase.
Top 100 UK Restaurants 2026 Revealed by SquareMeal
Discover the UK's finest dining spots as SquareMeal releases its prestigious 2026 restaurant rankings, highlighting regional champions and culinary excellence across the nation.
Boots, TK Maxx Recall Eye Cream Over Safety Risk
Boots and TK Maxx urgently recall Hello Sunday eye cream after tests reveal it fails to meet labelled SPF50 protection, posing skin damage risk to customers.
Tesco Apologises for Welsh Signs in Cornish Stores
Tesco has issued an apology after mistakenly installing Welsh language signs in a Cornish supermarket, sparking criticism from language campaigners who called the error 'embarrassing'.
HMRC Fines One Million UK Households £100 for Late Tax Returns
HM Revenue and Customs has issued automatic £100 penalties to an estimated one million UK households who missed the January 31 self-assessment tax return deadline, with interest charges also applying on unpaid tax.
Save £540 on Car Insurance by Renewing 28 Days Early
UK motorists could earn a £540 boost by renewing car insurance 28 days before expiry. Experts reveal timing and policy tweaks like adding a spouse can slash premiums.
North East Space Sector Delegation Visits Florida
A delegation from Space North East England has returned from Florida Commercial Space Week, where they showcased regional capabilities and built international partnerships to boost investment.
UK Holidaymakers Warned Over Passport Errors Insurance Won't Cover
New research reveals 6.9 million British travellers are at risk of losing holidays due to passport rule ignorance, with insurance rarely covering such costly errors.
Late Payments Cost UK £11bn, Close 14,000 Firms Annually
Research reveals late payments cost the UK economy nearly £11 billion yearly, causing 14,000 business closures. Major corporates impose 120-day terms despite government crackdown plans.
Lloyds Urges Two Cuts to Lower Bills Fast
Lloyds Bank advises customers to cancel unused subscriptions and check benefit eligibility as the fastest route to significant monthly savings and financial security.
Free Pints at Midlands Pubs for Six Nations Reunions
Greene King pub chain launches 'Fans Reunited' campaign offering free pints to customers booking tables for Guinness Six Nations matches across Birmingham and the Black Country.
Ninja Foodi StaySharp Knife Block Price Drops Again
Amazon has reduced the price of the popular Ninja Foodi StaySharp knife block for the second time this month, offering significant savings on the charcoal six-piece set.
Pre-1956 Pensioners Risk £717 Yearly Income Loss
Retirees over 70 face significant income gaps in later retirement, with analysis revealing differences of up to £717 annually between best and worst annuity providers.
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