Northern Families Miss £2,900 Child Trust Fund Savings
Thousands of families in northern UK are missing out on £2,900 in savings from forgotten Child Trust Fund accounts, with the North East having the highest unclaimed rate at 23.1%.
Thousands of families in northern UK are missing out on £2,900 in savings from forgotten Child Trust Fund accounts, with the North East having the highest unclaimed rate at 23.1%.
Millions of UK households are warned to check their tax codes in seconds via the HMRC app to prevent overpaying tax or facing unexpected bills due to errors from job changes or multiple incomes.
Nationwide Building Society issues a 48-hour warning for customers hoping to qualify for £100 Fairer Share Payments in 2026. Eligibility requires meeting criteria by March 31.
HMRC is cracking down on undeclared income from platforms like Vinted and eBay, with average side earnings of £470 per month now under tax scrutiny. Experts warn households to prepare for potential fines.
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RecommendedHMRC reveals 15 Birmingham businesses and individuals owe over £153 million in taxes, with a management consultancy topping the list at £87.4 million. A takeaway, plastic surgeon, and carpenter are among those named for deliberate defaults.
The Financial Conduct Authority will announce final decisions on compensation for unfair car finance agreements, potentially affecting 14 million deals with average payouts of £700.
Asda boss Allan Leighton warns of temporary petrol shortages at some pumps due to supply issues from the Gulf crisis, as UK fuel prices hit highest levels since 2024.
Royal London, a major mutual pension firm, will distribute £199 million in profits to 2.4 million eligible customers starting April 1, with payments based on individual pension savings values.
Thousands of families receiving compensation from NS&I's operational failures between 2008 and 2025 could face unexpected inheritance tax bills on their payments.
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RecommendedThe National Lottery mobile app has experienced a major outage, preventing thousands of players from logging in, viewing tickets, or making purchases since early morning.
Santander is offering a £200 cash incentive to customers who switch to its Edge current account by March 31, requiring a £1,500 deposit and active Direct Debits.
Lloyds Banking Group has compensated thousands of customers with £38 payments after a software defect allowed users to view others' transactions in mobile apps.
Money expert Martin Lewis advises households on mitigating imminent increases in water, council tax, mobile, and broadband bills, offering practical steps to reduce costs.
Lloyds Bank announces £139,000 compensation for 3,525 customers after an IT meltdown allowed nearly 500,000 strangers to view private bank account information.
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RecommendedVodafone announces price increases effective from Wednesday, citing network investment needs. The telecom provider acknowledges customer dissatisfaction but highlights protections for vulnerable groups.
The High Court has ordered Revolut Bank to hand over names and addresses of 304 subscribers and 10 resellers to Sky as part of a major illegal streaming crackdown.
National Savings and Investments faces a major scandal after failing to pay nearly £500 million to bereaved families. A compensation plan will be published in May.
NS&I savers could receive unexpected tax bills from HMRC after compensation for nearly £500m in missing payments to bereaved families, potentially pushing estates into higher tax brackets.
EE is shifting from inflation-linked increases to fixed monthly hikes of £4 starting March 31, affecting mid-contract customers with older agreements.
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RecommendedNational Savings and Investments CEO Dax Harkins has resigned following revelations the bank must repay up to £476 million to customers over bereavement claim errors, with interim leader Sir Jim Harra appointed to investigate.
Drivers who financed cars between 2007 and 2021 could be entitled to compensation due to hidden interest rate increases by dealers seeking higher commissions. Learn the signs of potential mis-selling.
The Department for Work and Pensions has announced that inheritance tax will be extended to include pensions from April 2027, impacting state pensioners with private pots.
National Savings and Investments confirms compensation for up to 37,000 customers affected by a Premium Bonds scandal, with bereaved families among those impacted.
The Zero fintech banking app is closing all accounts next week, with over 20,000 customers urged to withdraw funds immediately before the March 31 deadline.
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RecommendedBritish Gas, Octopus, EDF, EON, and Ovo customers must submit meter readings and take photos by Wednesday to avoid overcharging under the new April 1 price cap.
Retirees born before 1960 are being sent HMRC letters they must not ignore, including overdue payment notices and tax assessments, as income changes may push them into new tax brackets.
Money expert Martin Lewis has detailed the key differences between Lifetime ISAs and Help to Buy ISAs, revealing which scheme offers greater flexibility and which provides larger potential bonuses for first-time property buyers.
Money expert Martin Lewis advises Lifetime ISA savers to open accounts now ahead of Chancellor Rachel Reeves' potential reforms, warning the product may close to new applicants.
National Savings and Investments could pay hundreds of millions in compensation to 37,000 customers, including bereaved families, due to missing savings and service failures.
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RecommendedHMRC's Making Tax Digital initiative begins on April 6, requiring landlords and sole traders earning over £50,000 to file quarterly digital tax returns using approved software, with experts warning many are unprepared.