Up to 1.1 million people missed the deadline to submit their tax returns, according to new figures released by HMRC, which means they could be on the hook for late filing penalties. People had to submit self-assessment tax returns for the 2022/23 tax year by midnight on January 31, 2024. HMRC is now urging anyone […]

As the cost-of-living crisis rages on millions of Brits will now be hit with huge hikes to their water bills. The rises of up to £71 a year from April 1 come as there is concern over shareholder dividends handed out by water companies and outrage over sewage flowing into the seas. Hafren Dyfrdwy has […]

Millions of people are due to receive £299 from the DWP as early as next week. The money comes in the form of the third and final Cost of Living Payment for this fiscal year, and the funds are expected to be distributed between February 6 and February 22. The payment will be sent automatically […]

More water companies are being urged to use profits to help bolster support for struggling households. The Consumer Council for Water (CCW) has called for action from water companies on the same day Water UK confirmed the average household water and sewerage bill in England and Wales will rise by around £27 to £473 from […]

Aldermore has increased the interest rates on a range of its fixed rates savings and ISA accounts. The boosted savings rates are mostly effective immediately with the one year fixed rate saver now at 4.85 percent while the one fixed year fixed rate ISA has a rate of 4.8 percent. Alex Myers, director of savings […]

Instead, it held base rates at a 16-year high of 5.25 percent despite admitting that inflation will fall to its two percent target between April and June. It claims that inflation will rise again after that but we can’t rely on the world’s worst economic forecaster on these matters.  Capital Economics is predicting that inflation […]

Nationwide raises mortgage prices today as interest rates put on hold (Image: Getty) Nationwide has hiked selected mortgage interest rates by up to 0.3 percent hike across its fixed range, taking effect today. The announcement comes after the Bank of England decided to hold the Base Rate at a historic 16-year high of 5.25 percent this […]

HMRC has clarified how a person’s tax code determines their state pension entitlement after a worker asked the tax body to explain how the system works. They contacted the authority over X to initially ask: “How does HMRC calculate the amount of State Pension it includes in my PAYE code?” The group responded to simply […]

Payments are increasing 8.5 percent in April when the full new state pension will be uprated to £221.20 a week while the full basic state pension will be worth £169.50 a week. The state pension increased by 10.1 percent last year due to high levels of inflation, raising the question of whether or not the […]

Barclays Bank has announced the closures of at least 77 branches over this year and 2025. This is in addition to the 157 branches it closed in 2023. The popular high street bank will close another 20 branches after already announcing it will shut more than 50 sites this year. A spokesperson for Barclays said […]