Press Releases
HSBC banking app down as frustrated Black Friday shoppers slam ‘worst timing ever’ | Personal Finance | Finance

HSBC UK is investigating “as a matter of urgency” as customers have been struggling to access banking services on Black Friday. Thousands of customers have been left without access to their internet banking as the Bank tries to resolve the matter. A message posted by the bank on X, formerly known as Twitter, said: “We […]

Updated: Nov 25, 2023
Black Friday shoppers warned over being caught out by sneaky selling tactic | Personal Finance | Finance

Shoppers on the hunt for huge discounts this Black Friday have been warned by Klarna not to get caught out by paying for a product that is actually discounted after a previous price hike. Top discounts on video games include the Playstation 4 and Xbox Series X being slashed in price by up to 43 […]

Updated: Nov 25, 2023
Premium Bonds savers warned prize fund set to fall and NS&I to offer ‘less generous rates’ | Personal Finance | Finance

NS&I savers are being warned interest rate cuts could be just around the corner as new figures show the Government-backed savings provider has already reached its fundraising target for the 2023/24 tax year. Figures released by NS&I, which also provides Premium Bonds, showed it delivered £7.7 billion of net financing in the second quarter of […]

Updated: Nov 25, 2023
Moneybox increases interest on ISA to 5.09% and earns ‘excellent’ rating ‌ | Personal Finance | Finance

Moneybox has increased the interest rate on its Cash ISA to 5.09 percent AER, earning an “excellent” Moneyfactscompare rating. ISA interest rates have been falling in recent weeks following the Bank of England’s decision to freeze the Base Rate at 5.25 percent for the second consecutive time. According to Moneyfacts’ data, the average easy access […]

Updated: Nov 25, 2023
Log burner rules could slap Britons with £300 fine – what you need to know | Personal Finance | Finance

Britons warned they could be slapped with £300 fines for lighting log burners (Image: GETTY) As the weather grows increasingly colder, Britons are being warned they could face hefty fines and even a criminal record for lighting up their log burners. Under current regulations, the amount of smoke new stoves can emit per hour has dropped […]

Updated: Nov 25, 2023
Carer’s Allowance slammed ‘inadequate’ – Unpaid carers offered ‘lifeline’ worth £250 a day | Personal Finance | Finance

Unpaid carers are lacking emotional, financial, and practical support from their local authority (Image: GETTY) Unpaid carers are lacking emotional, financial, and practical support from their local authority, and face the toughest winter yet. There are millions of carers in the UK on low or no pay, with many of them missing out on vital […]

Updated: Nov 25, 2023
HMV boss: I had deal to save 10,000 Wilko jobs | City & Business | Finance

The owner of HMV has revealed he was within 12 hours of saving homeware chain Wilko and up to 10,000 jobs. Canadian tycoon Doug Putman claims the rescue was thwarted by a handful of the store’s big suppliers. Wilko collapsed shortly afterwards in August, with 12,500 staff left out of work. Mr Putman, 39, who […]

Updated: Nov 25, 2023
DWP alert as millions of pensioners set to receive £600 Winter Fuel Payment | Personal Finance | Finance

Millions of pensioners are set to receive payments of up to £600 directly in their bank accounts for the second year running. As well as this cash boost, pensioners are set to receive a 8.5 percent increase to their state pension after the prime minister Rishi Sunak came through on his pledge to halve inflation […]

Updated: Nov 25, 2023
Frozen thresholds to see low earners to pay £401 more tax next year despite NI cuts | Personal Finance | Finance

Low earners are due to pay up to £401 more tax in the next financial year compared to if tax thresholds kept pace with inflation, analysts have said. This comes despite the upcoming cuts in National Insurance (NI) announced in the Chancellor’s Autumn Budget, which will see the rate reduced from 12 percent to 10 […]

Updated: Nov 24, 2023
Savers could get £95,000 boost if they use their money wisely after National Insurance cut | Personal Finance | Finance

Savvy savers could boost their funds by £95,000 if they take advantage of the cut in National Insurance (NI) announced in the autumn statement this week. Wealth firm True Potential calculated a person on the national average salary of £32,963 a year will save £448 as the NI main rate is falling from 12 percent […]

Updated: Nov 24, 2023