Six-Figure Payout After Van Hits Woman in Parking Bay
A 68-year-old woman has received €170,564 in compensation after a van struck her knee while she stood in a parking bay. The judge rejected her €1.75 million loss of earnings claim as unrealistic.
Category : Finance Banking
HMRC Digital Tax Warning for Sole Traders and Landlords
HMRC warns 860,000 sole traders and landlords must adopt digital tax reporting from April 2026, as part of Labour's tax system overhaul to boost economic growth.
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.
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.
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.
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.
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.
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.
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.
Disney+ £18 Discount Trick Without Cancelling
Disney+ viewers can save £18 over three months by clicking cancel and declining a pause offer, plus expert tips on annual payments and cheaper plans.
Martin Lewis: Premium Bonds Savers 'Better Off' with Traditional Accounts
Money saving expert Martin Lewis has issued fresh advice to UK savers, suggesting that traditional savings accounts may offer better returns than Premium Bonds for some individuals.
E.ON Next Launches Cheapest Two-Year Energy Fix
E.ON Next has introduced a new two-year fixed energy tariff priced at £1,658 for typical use, undercutting the current Ofgem price cap by £100 and offering households long-term price stability.
Premium Bond December Buyers: Check for £100k Wins
Four National Savings & Investments customers who purchased Premium Bonds in December 2025 have won £100,000 each in the monthly prize draw, prompting a check-your-accounts alert.
NatWest Announces 32 More Branch Closures in 2026
NatWest Group reveals plans to close 32 more bank branches across the UK in 2026, citing changing customer banking habits and digital shift.
Energy Theft Adds £50 to UK Household Bills
UK energy customers face a £50 annual surcharge due to widespread meter tampering, costing £1.4 billion. Cases have surged 400% since 2021.
FCA Warning: Drivers Could Lose Car Finance Compensation
The Financial Conduct Authority warns drivers may lose significant compensation if using claims firms in the car finance mis-selling scandal affecting millions.
Contactless Payment Changes Coming to UK Supermarkets
New FCA rules from March 2026 will let banks set their own contactless limits, potentially affecting shopping at Sainsbury's, Tesco, Aldi, Asda and other major retailers.
Santander UK Profits Rise 14% Despite £478m Provisions
Santander UK reports a 14% profit increase to £1.51bn for 2025, despite setting aside £478m for motor finance mis-selling. The bank warns of cost-cutting and branch closures in 2026.
HMRC Warns One Million Over Tax Fines and Interest
Over one million taxpayers missed the self-assessment deadline and face immediate £100 fines, daily penalties, and interest charges. HMRC urges urgent filing.
Santander Closing 44 Branches, 300 Jobs at Risk
Santander confirms plans to close 44 UK branches in 2026, putting 300 jobs at risk, citing business simplification and automation as key drivers.
HMRC Probes 4,000 UK Homes Over Inheritance Tax
HMRC investigations into underpaid Inheritance Tax have increased, targeting nearly 4,000 UK households and recovering £246 million through advanced data tools.
Becoming an ISA Millionaire: A Realistic Guide for UK Savers
Financial experts reveal how disciplined ISA contributions and long-term investment returns can help Britons build a £1 million tax-free portfolio, with achievable monthly savings targets.
Nationwide Customers: Act Now for £624 Savings Boost
Nationwide Building Society is cutting savings rates across 37 accounts from February 10. Experts urge customers to switch providers to secure better returns, potentially gaining £624 extra interest annually.
Pension Mistakes Costing Brits Over £40,000
Finance expert warns over 10 million UK adults risk losing thousands due to common pension errors, including fund choice and early withdrawal penalties.
Sky Customers Face £3 Monthly Broadband Price Hike
Sky broadband and TV customers are receiving emails about a £3 monthly contract increase, with experts advising on cancellation rights and switching options to save money.
Santander Updates on £700 Customer Payouts
Santander increases car loan compensation fund to £461 million as millions await £700 payouts, while reporting 14% profit rise and branch closures.
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