Five unthinkable taxes Rachel Reeves may hike to plug her black hole | Personal Finance | Finance

Labour’s disability benefits U-turn has blown a £3billion hole in her plans, possibly more. That’s on top of the £1.5billion cost of reinstating winter fuel payments. PM Keir Starmer has promised to spend more on defence too. And her second autumn Budget is just over three months away. Before the benefits debacle, experts warned she’d need More...

Martin Lewis issues ‘bad news’ for UK household bills due to ‘Middle East’ | Personal Finance | Finance
Money expert Martin Lewis is telling gas and electricity customers that their prices are set to increase due in part to the ongoing conflict in the Middle East. Although prices are set to fall by 7% next Tuesday More...

Everyone born in these years set for £634 boost from DWP state pension rule | Personal Finance | Finance
Everyone born in these years is in line for a boost to their state pension worth over £634 a year. That’s because the Triple Lock forecasts show that right now, the benefit is set to increase by 5.3% next More...

HMRC warns Brits earning up to £60,000 they could be ‘missing out on cash boost’ | Personal Finance | Finance
The tax office has urged parents to check their Child Benefit entitlement as a threshold change could mean many may be missing out on a “cash boost”. As of April 2024, households can now earn up to £60,000 More...

Energy expert reveals common mistake costing 60% of Brits £140 a year more | Personal Finance | Finance
By making one common energy mistake in the home, households could be paying up to £140 extra every year. New research by online TV retailer AO found that six in 10 Britons leave their TV on standby at least More...

Brits urged to ‘act swiftly’ as ‘top’ savings accounts face interest rate cuts | Personal Finance | Finance
With interest rates poised to fall further in the coming months, UK savers are being encouraged to act quickly to secure the top deals before they go. The Bank of England recently held the base rate steady at More...

New DWP Universal Credit rules confirmed as one payment slashed | Personal Finance | Finance
The government has confirmed new DWP Universal Credit rules will be put in place as part of wide-ranging reforms to welfare benefits, especially those targeting sickness and disability. In its newly unveiled More...

Martin Lewis’s MSE shares update on £70 payout from Mastercard | Personal Finance | Finance
Martin Lewis’s Money Saving Expert (MSE) has issued an update on the legal case against Mastercard. The credit card company previously agreed a £200 million settlement which would see customers get up More...

Pensioners can make ‘magic’ move to nearly half tax bill | Personal Finance | Finance
As uncertainty continues to loom large over Rachel Reeves‘ plans to raid pension pots, savers are scrambling to save as much money as they can while the old rules still apply. One major way pensioners More...

Santander to close 37 more bank branches next month | Personal Finance | Finance
Santander is set to close 37 more branches next month in another blow to the high street. The decision comes as the bank responds to a drop in in-person visits, with more customers opting for digital banking More...