Press Releases
Martin Lewis warns ‘under radar change’ by UK credit card company could ‘double’ debt | Personal Finance | Finance

Martin Lewis is warning Britons of an upcoming change soon to take effect for Barclaycard customers. From July 22, Barclaycard will be reducing minimum monthly credit card repayments, meaning people will be able to pay back less per month. However, the Money Saving Expert founder described the change as “a huge danger signal” that could […]

Updated: Apr 25, 2024
HMRC to push ahead with controversial move to close helplines despite backlash | Personal Finance | Finance

HMRC still plans to close its helplines despite a backlash and the fact millions more people are being dragged into paying taxes. The taxman was forced into a U-turn on closing its helplines earlier this year following pressure from the Chancellor, Jeremy Hunt, and MPs. However, the organisation’s chief executive, Jim Harra, has told MPs […]

Updated: Apr 25, 2024
Inheritance tax ‘mistakes’ to watch out for as HMRC receipts hit £7.5bn | Personal Finance | Finance

‘Biggest’ inheritance tax mistakes to watch out for as receipts hit £7.5bn (Image: Getty) Inheritance tax receipts hit a record-breaking £7.5billion in the year to April 2024, the latest HMRC data shows. This marks a £400million increase from the same period in the previous year, continuing the upward trend fuelled by years of soaring house […]

Updated: Apr 25, 2024
Falling baby formula sales dent Reckitt’s revenues | City & Business | Finance

Consumer goods giant Reckitt’s first quarter revenues have dropped 4.6 percent to £3.7billion, after its US baby formula sales plunged due to resurgent competition there. Reckitt had become the dominant baby milk formula in the US in recent years due to shortages there, which were exacerbated last year after a safety scare shut down a […]

Updated: Apr 25, 2024
Martin Lewis urges action after thousands receive eight-word message | Personal Finance | Finance

Martin Lewis has issued a “please report” plea after around 20,000 people received the same eight-word message. The consumer champion who offers financial advice on programmes such as This Morning and Good Morning Britain as well as his own Martin Lewis Money Show took to X to explain his concerns. He wrote: “Please report ‘sorry […]

Updated: Apr 25, 2024
Energy providers are sitting on £3 billion of your money – what it means for you | Personal Finance | Finance

Energy suppliers are sitting on £3 billion of households’ money with the average home in credit having £210 left with their provider, new research shows. 16 million households (56 percent) have credit with their energy supplier at the end of this winter, despite households usually leaving winter with no credit having used it during the […]

Updated: Apr 25, 2024
Almost 1.5m households are missing out on major £170 saving | Personal Finance | Finance

New figures released this week reveal that nearly 1.5 million homes are failing to claim their share of £249 million in free TV licences. A TV licence is required if you watch or record live TV programmes, regardless of the device used – be it a TV, desktop computer, laptop, tablet, or phone. Additionally, using […]

Updated: Apr 24, 2024
HMRC issues urgent new QR scam warning as fraudsters stealing personal details rises | Personal Finance | Finance

HMRC is urging Britons to be vigilant of a new scam flagged last week that sees fraudsters stealing people’s personal information. The new scam is targeting businesses and invites them to scan a QR code. HMRC noted: “While we use QR codes, we will never take you to a page where you have to input […]

Updated: Apr 24, 2024
Martin Lewis says 20m Britons could make massive savings – what you need to do | Personal Finance | Finance

Millions could be paying more for their mobile and broadband bills than they need to, according to Martin Lewis. The founder of MoneySavingExpert.com says that as many as 20 million people who are ‘out of contract’ could make massive savings with a few simple switches. He describes taking the time to check whether you are […]

Updated: Apr 24, 2024
WASPI DWP compensation alert as ‘further update’ confirmed following damning report | Personal Finance | Finance

The Government has issued a response to calls for a review into providing compensation for WASPI (Women against state pension inequality) women. Labour MP Mark Hendrick asked Work and Pensions Secretary, Mel Stride, about “whether he plans to undertake a review into the potential merits of issuing compensation to all women impact by changes to […]

Updated: Apr 24, 2024