Press Releases
Premium Bonds update issued as NS&I explains how to add old certificates to accounts | Personal Finance | Finance

NS&I has issued an update to explain how to add old Premium Bonds to an account. A customer contacted the savings giant over X to ask: “I have found some older Premium Bond certs of mine that I previously mislaid. “I’d like to add them to the Premium Bond account that I set up last […]

Updated: Apr 16, 2024
UK firms relying more on overseas markets for sales growth | Personal Finance | Finance

A survey has found that more UK businesses are turning to international markets for sales growth, as they grapple with challenging economic conditions domestically and post-Brexit trade barriers. According to Santander UK’s trade barometer, over a quarter of firms who have expanded overseas now anticipate that more than half their revenue will come from abroad […]

Updated: Apr 16, 2024
Interest rates cut could be on the cards as BoE ‘takes note’ of key development | Personal Finance | Finance

The Bank of England may be persuaded to drop interest rates could drop this summer as the unemployment rate has risen. The unemployment rate was at 4.2 percent in the latest figures, with total unemployment rising by 85,000 in the December to February quarter, increasing to 1.44 million. Rob Wood, chief UK economist at Pantheon […]

Updated: Apr 16, 2024
Criminals using AI and deepfake technology to steal consumer details | Personal Finance | Finance

Criminals are escalating their use of social engineering and artificial intelligence (AI) to steal consumer details, according to fraud prevention body Cifas. The organisation has noted a rise in AI-enabled identity fraud, including sophisticated phishing scams and deepfake technology, amid growing cost-of-living pressures. In its Fraudscape report, Cifas revealed that over 374,000 fraud cases were […]

Updated: Apr 16, 2024
Martin Lewis explains inheritance tax rules and when you have to pay | Personal Finance | Finance

Inheritance tax has been a hot topic of debate recently, with numerous voices clamouring for its abolition, yet no changes have been implemented so far. The complexities surrounding the tax can leave many scratching their heads over who should fork out for this levy on the deceased’s estate, which includes property, money, and belongings. Thankfully, […]

Updated: Apr 16, 2024
Two-thirds of Brits who set financial goals for this year have already abandoned them | Personal Finance | Finance

Financial goals set at the start of the year have already fallen by the wayside – as motivation wanes to see them through, research has found. A poll of 2,000 adults found that over half (56 percent) set themselves money-related goals for this year – but 67 percent of those have given up after just […]

Updated: Apr 16, 2024
DWP warning as thousands of pensioners miss out on free BBC TV licence worth £169 | Personal Finance | Finance

People of state pension age have been urged to check if they can get a free TV licence which usually costs £169.50 a year. Thousands of people are thought to be needlessly paying for their TV licence, when over-75s who claim Pension Credit can get it for free. You need to be of state pension […]

Updated: Apr 15, 2024
WASPI woman who worked for DWP for 36 years issues damning verdict | Personal Finance | Finance

A WASPI pensioner who worked for the DWP for 36 years has said the department has made a “monumental mess” of the situation. She said it was a huge shock when she found out she would not get her state pension for another six years. She told inews: “We all know there is insufficient money […]

Updated: Apr 15, 2024
Women are six times more likely to put their money into savings – than to invest it | Personal Finance | Finance

One in five women believe investing is only for men, research has revealed. A poll, of 2,000 adults, found 74 percent of females are more inclined to save their money, rather than attempt an investment (12 percent). But just 63 percent of men would put their spare money into a savings account – with one […]

Updated: Apr 15, 2024
Full list of State Pension changes in April including pay rise | Personal Finance | Finance

Pensioners are encouraged to read up on four key changes coming into effect from this month. Millions of older Britons will benefit in April as their payments increase. Meanwhile there are other policy changes people may need to act on. From a state pension increase to a scrapped allowance to encourage people to work, there […]

Updated: Apr 15, 2024