Press Releases
Martin Lewis student loan refund tip could see millions of people owed thousands | Personal Finance | Finance

Martin Lewis is urging Britons to check if they could be due a refund from the student loan company as many are thought to have overpaid. The financial journalist and Money Saving Expert founder issued the alert during last night’s Money Show, explaining that more than one million people paid more than they should have […]

Updated: Dec 6, 2023
Mortgages repayments set to skyrocket by hundreds, Bank of England says | Personal Finance | Finance

Almost five million UK homeowners are still set to see their mortgage repayments jump by hundreds of pounds over the next three years, as rising interest rates have heightened risks in the global financial markets, the Bank of England has said. The Bank’s Financial Policy Committee (FPC) also found that British banks are strong enough […]

Updated: Dec 6, 2023
No-win no-fee law firms could be charged money for bringing claims under new rules | Personal Finance | Finance

The Financial Ombudsman Service (FOS) is looking at charging claims management companies and no-win, no-fee law firms to make complaints in a U-turn just a year after ruling out the move. The FOS vowed to keep complaints free for consumers but is now launching a consultation on charging for complaints from claims management companies (CMCs) […]

Updated: Dec 6, 2023
Jeremy Hunt urged to simplify tax rules for self-employed as 25% consider going it alone | Personal Finance | Finance

Jeremy Hunt has been urged to simplify tax rules for the self-employed after research found that swathes are considering ditching their 9-5 jobs. Almost a quarter of workers have said they are considering working for themselves amid the continued boom in flexible working patterns that exploded during the coronavirus lockdowns. New research found that 24 […]

Updated: Dec 6, 2023
JN Bank UK hits £300million in customer deposits as more savers snap up top rates | Personal Finance | Finance

Challenger bank JN Bank UK has announced it has hit £300million in customer deposits. The bank, which is part of the JN Group headquartered in Jamaica, said deposits have tripled in the last two months alone as more savers turn to its market-leading savings accounts. Paul Noble, CEO of JN Bank UK, commented: “We are delighted […]

Updated: Dec 6, 2023
First direct slashes mortgage rates by 0.45% in ‘good news’ for homeowners | Personal Finance | Finance

Here is a full list of the new changes to mortgage rates being introduced by first direct: Repayment Range – New Business Mortgage Customers Two Year Fixed Fee Saver rates at 60 percent, 75 percent, 80 percent, 85 percent, 90 percent and 95 percent LTV have decreased by up to 0.45 percent Two Year Fixed […]

Updated: Dec 6, 2023
Martin Lewis urges millions to check if they can claim thousands back in new PPI payout | Personal Finance | Finance

Martin Lewis is urging people who took out payment protection insurance (PPI) between 1990 and 2011 to see if they can claim back thousands. On the Martin Lewis Money Show, the personal finance expert warned against the “biggest financial scam” costing billions of pounds. PPI was often sold with credit cards, high street store cards, […]

Updated: Dec 5, 2023
‘We’re DINKS with no kids – the extra income means we couldn’t be happier’ | Personal Finance | Finance

A couple faced a mass social media backlash after boasting about the financial benefits of both partners earning an income – with no children to spend the money on. Their TikTok video, which has been viewed over 3million times in the span of a day, is the latest in a new trend of people branding […]

Updated: Dec 5, 2023
Britons could avoid paying the planned TV licence hike and get a discount up to 100% | Personal Finance | Finance

As the cost of living crisis continues, many will be looking at ways to avoid the potential price hike as they won’t be able to afford another financial burden being placed on their already stretched budgets. Currently, the BBC licence fee is set at £159, and has been at this level for the past two […]

Updated: Dec 5, 2023
Selling a few old clothes online? HMRC has new powers to tax you from January | Personal Finance | Finance

Christmas is coming and plenty of us will be getting items of clothing we never asked for and have absolutely no plans to wear. One option is to return them to the shop, but only if you can get hold of the receipt somehow. Another is to pass them on to some unsuspecting soul, through […]

Updated: Dec 5, 2023