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Lloyds walks away from Reeves £50bn pensions deal | Personal Finance | Finance

Rachel Reeves has come under pressure after Lloyds Bank’s pension arm, Scottish Widows, refused to back a plan to see £50 billion of workers’ pensions diverted to investment in new businesses and infrastructure. The government and many in the investment industry insist the scheme will boost the pension pots of millions of Britons and help More...

by admin | Published 2 months ago
By admin On Monday, May 12th, 2025
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Oxbury Bank launches new savings account with ‘excellent’ 4.4% interest rate | Personal Finance | Finance

Oxbury Bank earned an “excellent” rating with the launch of a new fixed savings account paying 4.4% interest. The interest rate is fixed for two years, and savers can open an account with a minimum deposit More...

By admin On Sunday, May 11th, 2025
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Donald Trump tariffs could cut UK pensions by 20% | Personal Finance | Finance

UK pensioners may face a staggering 20% cut in their income due to Donald Trump‘s tariffs, the Society of Pension Professionals (SPP) has warned. The imposition of tariffs by the Trump administration is More...

By admin On Saturday, May 10th, 2025
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Retirees paying £2,700 more to keep their lifestyles exactly the same | Personal Finance | Finance

Pensioners are having to pay thousands more every year to keep living the exact same lifestyle they had four years ago. New analysis has highlighted the devastating impact of stealth tax raids like the frozen More...

By admin On Friday, May 9th, 2025
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Cash-strapped homebuyers lifeline with delayed mortgage | Personal Finance | Finance

Skipton Building Society has introduced a new mortgage deal aimed at giving first-time buyers a leg up onto the property ladder by allowing new homeowners to delay mortgage repayments for the initial three months. More...

By admin On Thursday, May 8th, 2025
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Labour explains how it will fulfil £300 energy bills reduction promise | Personal Finance | Finance

Labour has provided fresh details on its plans to cut energy bills by £300 a year by 2030. The Labour Party repeatedly made the pledge during its General Election campaign last year and Prime Minister Keir More...

By admin On Wednesday, May 7th, 2025
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5 household habits that may cost you hundreds of pounds | Personal Finance | Finance

British heatwaves can cause real trouble for Brits trying to save their money, as the temptation to blast any available air conditioning becomes overwhelming. But Jamie Wall, a Personal finance strategist at More...

By admin On Tuesday, May 6th, 2025
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Martin Lewis investigation into Holland & Barrett prompts major change | Personal Finance | Finance

Holland & Barrett’s ‘Subscribe & Save’ scheme is designed to provide regular customers with “the best value”. However, following an investigation carried out by Martin Lewis’s More...

By admin On Monday, May 5th, 2025
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Cash ISA stampede as savers flocked to beat rumoured tax changes | Personal Finance | Finance

A frenzy of saving gripped Britain in March as rumours of a looming crackdown on Cash ISA allowances sparked a rush to shelter money in tax-free accounts,. Savers poured an astonishing £4.2 billion into ISAs More...

By admin On Sunday, May 4th, 2025
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HMRC £10 a day penalties to be charged to thousands of people | Personal Finance | Finance

May marks the start of new penalties for people who are yet to pay their self assessment tax returns. It’s officially three months since the deadline, so if you haven’t settled with HMRC yet, new More...