Press Releases
Savers encouraged to lock in fixed rates now as interest rates fall | Personal Finance | Finance

Savers are encouraged to take advantage of fixed rate savings accounts before interest rates fall. Many experts are anticipating the Bank of England will hold the base interest rate at 5.25 percent again with many savings providers already dropping their rates. Sarah Coles, head of personal finance at Hargreaves Lansdown, said: “If you don’t need […]

Updated: Jan 26, 2024
Allicia Bank offers market-leading 5.15 percent interest rate on fixed savings account | Personal Finance | Finance

Allicia Bank has increased the interest rate on its 12-Month Fixed Term Savings Account to 5.15 percent, earning an “excellent” Moneyfacts rating. Commenting on the deal, Caitlyn Eastell, said: “Allica Bank improves its position in the top 10 tables for its sector this week by increasing the rate on its 12-Month Fixed Term Savings Account. “Now […]

Updated: Jan 26, 2024
Martin Lewis scam warning as fraudsters impersonate Money Saving Expert brand | Personal Finance | Finance

Martin Lewis has warned Britons that doorstop scammers are approaching people pretending to be from his group, Money Saving Expert. The founder of Money Saving Expert (MSE) shared a tweet on X from a person who said they had been visited by cold calllers claiming to be from the group. He said: “Sadly the door […]

Updated: Jan 26, 2024
Jeremy Hunt’s £20bn Budget tax cut will be your LAST. Enjoy it while you can | Personal Finance | Finance

It’s a naked political bribe, obviously, and will do little to reverse the fiscal onslaught that Hunt and Rishi Sunak have unleashed in recent years. We should still celebrate, though, because we won’t be getting another one for a very long time. The Tories are supposed to be the tax-cutting party, but it doesn’t feel […]

Updated: Jan 26, 2024
Workplace parental leave policies play a major role in planning to start a family | City & Business | Finance

Half of parents claim the lack of parental leave at work has impacted their decision to start a family, research has found. A study of 500 adults, who have had a baby in the last five years, or plan to do so, found 48 percent cited parental leave as a major factor in their plans. […]

Updated: Jan 26, 2024
Netflix boasts 13 million more subscribers in the wake of its password sharing crackdown | City & Business | Finance

Netflix has signed up more than 13 million more subscribers in the wake of its password-sharing crackdown. The growth in the three months to the end of December – the most for any quarter since 2020 – is likely to spark fresh price rises. Last year, the streaming giant stopped allowing users to share passwords […]

Updated: Jan 25, 2024
Energy bills: New calls to abolish daily standing charges in certain parts of UK | Personal Finance | Finance

There are new calls to abolish daily standing charges for energy which could save households up to £303 a year. Martyn Day, SNP MP, has raised a petition in Parliament on behalf of his Linlithgow and East Falkirk constituents in a bid to help lower energy bills. The standing charge currently costs around £303 per […]

Updated: Jan 25, 2024
DWP PIP offers Britons with asthma over £8,000 a year – check if you can claim | Personal Finance | Finance

Personal Independence Payment (PIP) can help with extra living costs if someone has both a long-term physical or mental health condition or disability and difficulty doing certain everyday tasks or getting around because of their condition. People who have respiratory conditions, such as severe asthma or sleep apnoea could be eligible for the benefit. The […]

Updated: Jan 25, 2024
Atom Bank increases interest rate on savings account to pay ‘excellent’ 5.1% | Personal Finance | Finance

Atom Bank has increased the interest rate on its one-year fixed savings account to 5.1 percent, earning an “excellent” Moneyfacts rating. The account can be launched with just £50 and interest can be paid monthly or annually on the anniversary of opening. Commenting on the deal, Caitlyn Eastell, a spokesperson at Moneyfactscompare.co.uk, said: “This week, […]

Updated: Jan 25, 2024
Thousands of pensioners claw back £3,200 in overpaid tax – see if you’re due refund | Personal Finance | Finance

Pensioners have been urged to check if they are due a refund from HMRC after thousands of people clawed back overpaid tax from the Chancellor over the past few months. New figures from the Government show more than 12,000 tax repayment claims were processed over the last three months of 2023, with over £38.7million paid […]

Updated: Jan 25, 2024