Santander Closing 27 UK Branches, 4 in West Midlands
Santander is closing 27 branches across the UK in May 2026, including four in the West Midlands, as part of a broader shift toward digital banking services announced earlier this year.
Category : Finance Banking
Lloyds Bank 30-Day ISA Deposit Rule Explained
Lloyds Bank has issued a clarification regarding its 30-day deposit rule for fixed rate ISAs, following customer confusion over adding funds in new tax years.
26-Day Rule Saves Drivers £445 on Car Insurance
Money expert Martin Lewis explains how searching for car insurance quotes 26 days before renewal can cut costs by nearly half, based on analysis of millions of quotes.
Energy Bills Cut for Major Suppliers in Cost of Living Boost
Millions of households with British Gas, Octopus, and Eon will see energy bills fall by £117 annually due to government measures shifting green charges, though this relief may be short-lived as prices are forecast to rise again from July.
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Martin Lewis Shares £1,000 Savings Strategy for Volatile Markets
Financial expert Martin Lewis recommends a 'pound-cost averaging' tactic to mitigate risk when investing in stocks and shares ISAs during economic turmoil triggered by global conflicts.
Married Couples Save £252 with HMRC Allowance Transfer
HMRC's Marriage Allowance enables couples to transfer £1,260 of Personal Allowance, potentially reducing tax by up to £252 annually. Eligibility requires one partner earning below £12,570.
HMRC Boosts Tax-Free Allowance for UK Couples to £16,320
UK couples can increase their tax-free Personal Allowance to £16,320 each by sharing income from the rent-a-room scheme, as HMRC rules allow splitting the £7,500 tax-free earnings threshold.
Santander's 4.5% ISA with £50 Bonus for Tax Year
Santander introduces a 4.5% interest Cash ISA for the new tax year, offering vouchers up to £400 for deposits over £100,000, with a £50 bonus for £10,000 deposits.
Quiver Delivery Collapses, Second UK Courier Firm to Fail
Quiver Delivery LTD has entered liquidation, with joint liquidators appointed. This follows the recent collapse of Winn & Pepworth, marking a turbulent period for the UK delivery sector.
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NatWest Changes Biometric Data Processing from May 20
NatWest is notifying customers about a shift in how it processes biometric data, moving from consent to 'legitimate interests' for security purposes. No action is required from customers.
Energy Price Cap to Rise by £196 in July
The Ofgem energy price cap is projected to rise by £196 to £1,837 for typical households in July, a 12% increase from April but below earlier estimates of a £332 surge.
British Gas Warns of Bill Errors for New Homeowners in 2026
British Gas has issued essential guidance for home buyers to avoid paying for previous occupants' energy usage, highlighting key checks like meter readings and alarm tests.
Premium Bonds Holders Told to Move Money to ISAs
Financial experts advise Premium Bonds customers to consider transferring savings to ISAs due to potential rate cuts and better guaranteed returns.
Arnold Clark Data Breach: Thousands Can Sue
Thousands of Arnold Clark car dealership customers have been given the green light to pursue legal action after a major cyber-attack compromised their personal data. The Court of Session in Scotland ruled that claims can proceed, with sensitive informatio
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British Gas Customers Urged to Act Before Midnight Friday
British Gas has launched a fixed tariff priced below the current energy price cap, offering significant savings compared to predicted future rates. The exclusive deal closes at midnight on April 17 and is only available through Compare the Market.
Ecology Building Society Opens First UK Branch in Porth
Ecology Building Society, the UK's youngest mutual, opens its first physical branch in Porth, Rhondda Cynon Taf, transforming a former hardware store with community space and innovative savings products.
Energy Customers Told to Act for £200 Savings Now
British Gas, EDF, EON, Ovo, and Octopus customers are being advised to lock into fixed energy tariffs immediately to save more than £200 annually, as prices are expected to rise significantly in July.
Four Banks Cut Mortgage Rates in Boost for Buyers
HSBC, TSB, Halifax, and Santander have reduced mortgage rates, providing a welcome break for borrowers after weeks of rising costs. Experts caution that market uncertainty remains.
HMRC Sends Automatic Tax Bills After Bank Reports
HMRC has clarified that banks automatically report savings interest, leading to automatic tax bills for households exceeding allowances, with most people able to earn some interest tax-free.
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State Pensioners Get £855 Refunds as HMRC Reveals £624m Unclaimed
HMRC has disclosed that £624 million in tax refunds went unclaimed last year, with state pensioners among 730,000 taxpayers eligible for an average £855 payment.
PayPal Email Scam: 1p Trick to Drain Bank Accounts
PayPal users are warned about a sophisticated email scam where fraudsters send 1p payments to trick victims into calling fake support numbers and handing over personal information.
HMRC Tax Shake-Up Costs Business Owners £350 Each
Millions of freelancers and landlords earning over £50,000 must now submit quarterly digital tax updates under HMRC's Making Tax Digital scheme, with initial setup costs estimated at £280–£350 per business.
Shoppers Urged to Claim Free £210 Banking Bonus
Martin Lewis and Money Saving Expert highlight a First Direct switching deal offering £175 cash and a £35 supermarket voucher to new customers meeting specific criteria.
Energy Customers Can Claim £500 Refunds Under Two-Month Rule
Millions of households with British Gas, Octopus, EON, EDF, and Ovo have built up credit in their energy accounts and can request refunds of up to £500 if they exceed two months' worth of payments.
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HMRC Taxes £2,700 Savings Interest Couple Never Received
A downsizing couple from the East Midlands faces a £575.40 tax bill from HMRC on £2,700 of savings interest they didn't actually keep due to early withdrawal penalties, sparking outrage over unjust taxation practices.
HMRC Sends Automatic Tax Codes to 2M Pensioners After DWP Change
HMRC has automatically issued new tax codes to two million state pensioners following a DWP rule change, introducing a clawback for those with incomes over £35,000 who receive winter fuel payments.
Claim £855 HMRC Tax Refund Before Deadline
Taxpayers are urged to check for overpaid tax as £624 million in refunds went unclaimed last year. The average refund is £855, with a deadline approaching.
New HMRC Tax Rule Could Push Up Rents, Experts Warn
The UK government's Making Tax Digital system is now live, requiring landlords to keep digital records. Experts warn the compliance costs could be passed on to tenants through higher rents, potentially reducing rental supply.
Nationwide Warns of Fake Cash with 'For Props Only' Stickers
Nationwide Building Society alerts customers in Birmingham and beyond to a surge in counterfeit banknotes, urging vigilance for notes marked 'for props only' on hologram stickers.
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Act Fast on Cash ISAs or Miss £25,000 in Growth
New analysis reveals UK households who invest their full ISA allowance at the start of the tax year could gain £25,000 more than those who wait until the deadline.
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