HMRC Issues £2,700 Tax Bills on Savings Interest Many UK Households Never Kept Thursday, April 16, 2026 hmrc tax savings interest penalty withdrawal taxbill ukhouseholds pensioners finance HM Revenue & Customs (HMRC) is sending UK households tax bills based on the gross amount of savings interest, even when early withdrawal penalties drastically reduce the actual interest received. A pensioner couple from … Read More
Santander Launches New ISA With Up to £450 Bonus for Customers Saturday, April 11, 2026 santander isa savings interest bonus vouchers fixedrate banking finance investment Santander has introduced an attractive new ISA account that could significantly enhance customers' savings. Offering a fixed interest rate of 4.5%, this ISA allows savers to lock in their money and earn substantial returns … Read More
Mortgage Bills to Jump by £788 Annually as Major UK Banks Raise Rates Wednesday, March 18, 2026 mortgage rates money lenders borrowing finance interest inflation bankofengland uk Mortgage costs for UK households are set to increase by an average of £788 a year as major lenders raise their rates. According to Money Facts Compare, prominent banks such as Barclays, HSBC, Lloyds Bank, NatWest, and … Read More
Lloyds Bank and Halifax to Increase Credit Card Interest Rates This May Monday, March 9, 2026 lloyds creditcards interestrates halifax mbna finance banking interest hike creditlimits Lloyds Bank, Halifax, and MBNA— all part of Lloyds Banking Group—are notifying thousands of customers about impending increases to their credit card interest rates starting in May. Many affected customers will see their … Read More
Interest on All Plan 2 Student Loans in England Could Be Abolished Monday, February 23, 2026 studentloans interest education conservatives labour debt plan2 university graduates policy The Conservative Party has pledged to eliminate the high interest rates on Plan 2 student loans if they win the next general election, aiming to relieve graduates from mounting debt burdens. Kemi Badenoch, the Tory leader, … Read More
NatWest, Barclays, Nationwide, Santander Savers Warned Over Potential Losses on £10k Deposits Sunday, February 22, 2026 savings interest banks natwest barclays nationwide santander savers finance deposits Savers holding £10,000 in accounts at major high street banks such as NatWest, Barclays, Nationwide, and Santander have been cautioned about the possibility of losing significant returns. Experts highlight that focusing … Read More