Tax take on savings rises again with HMRC set to rake in | Personal Finance | Finance
HMRC is expected to rake in more than £10billion this year in tax on savings, new data shows. According to the Government’s latest income tax take report, this marks a staggering £9billion increase compared to 2020. This comes following two years of record-high savings interest rates and frozen tax allowance thresholds. AJ Bell’s Laura Suter More...
Major UK bank to slash savings rates below 4% next week | Personal Finance | Finance
A major British bank is set to reduce its savings account rates to below 4% next week. Starting from July 8, Metro Bank will decrease the rate on its variable Current Limited Edition Savings account to 3.95%. Although More...
‘I’m an energy expert – these simple tips can save you money this summer’ | Personal Finance | Finance
With energy bills having reduced again this month, households are being urged to check if they can make even more savings throughout this summer. Ofgem reduced the energy price cap by seven percent on July 1st, More...
ISA returns could pay for your summer holiday | Personal Finance | Finance
The average annual ISA returns over the past 12 months were enough to pay for a seven-day package holiday, a new analysis shows. But those who opted for one certain type of ISA, according to real estate investment More...
HMRC Tax Credits warning to 10,000 people before July 31 deadline | Personal Finance | Finance
HM Revenue and Customs (HMRC) has revealed that approximately 730,000 individuals on Tax Credits will receive their annual renewal pack in the post before June 19. However, not everyone will need to act upon More...
PIP claimants could face 10-year wait for payment uplift | Personal Finance | Finance
Benefit claimants face an agonising 10-year wait for a potential uplift due to a staggering backlog in reviews, it has been revealed. Tens of thousands of Personal Independence Payment (PIP) claimants are stuck More...
Sensory shopping to revive high street stores | City & Business | Finance
Hopes are rising for the high street with retailers eyeing new openings where they wow shoppers with dazzling digital displays and immersive experiences, new research from workspace tech expert Aura Futures More...
Full list of new energy price cap rates for UK regions | Personal Finance | Finance
The energy price cap is due for a reduction after this weekend. Ofgem has confirmed that the cap will be lowered from £1,690 to £1568 starting July 1 – an overall decrease of £122. However, it’s More...
Broadband tariff that could save pensioners hundreds | Personal Finance | Finance
The charity Independent Age is urging internet providers to better promote their broadband social tariffs, so more older people who are financially struggling can realise they could be paying as little as £12.50 More...
Pensioners warned they may need extra £200k in pot just for ‘comfortable retirement’ | Retirement | Finance
Pensioners planning for retirement have been warned that they might need an additional £200,000 in their pension pots to secure a “moderate comfortable retirement“. New calculations from Interactive More...
