Press Releases
Royal Mail to bring in huge ‘convenient’ change to 1,500 areas across the UK | Personal Finance | Finance

Royal Mail customers will be able to use parcel lockers for the first time next month. The lockers will initially allow customers to drop off returns and pre-paid parcels before expanding to offer customer collections too. The new service comes as part of a new partnership between Royal Mail and global parcel locker operator Quadient […]

Updated: Mar 25, 2024
Health workers to receive one-off payments of up to £3,000 | Personal Finance | Finance

The Government will fund over 27,000 non-NHS healthcare workers in England to receive two one-off payments – worth at least £1,655 and up to £3,000 – in a major boost for the workforce. Community nurses, sexual health workers, speech and language therapists, physiotherapists, and other crucial frontline workers are all set to benefit. According to […]

Updated: Mar 25, 2024
Investment: Rising dividends and more share buybacks on the cards | Personal Finance | Finance

UK investors are predicted to see rising returns this year on the back of higher dividends and share buy back schemes, it is claimed. At the same time, the share prices of companies listed on UK markets are trading at a discount compared to others around the world, particularly the USA. That suggests there is […]

Updated: Mar 25, 2024
Treasury grabs tax windfall on back of spiralling insurance bills | Personal Finance | Finance

The Treasury is set to collect a record windfall of more than £8billion this year from levies imposed on car, home, and pet insurance. The huge windfall comes from the Insurance Premium Tax (IPT) which is little known or understood by most consumers. More than four-fifths of British households pay the levies, which are expected […]

Updated: Mar 25, 2024
Martin Lewis reveals ‘only’ energy tariffs he’d consider ahead of April price cap change | Personal Finance | Finance

Money Saving Expert founder Martin Lewis shared the “only” energy tariffs he would consider ahead of April’s price cap change. On April 1, energy regulator Ofgems’ price cap will drop by around 12 percent leaving millions of households benefiting from cheaper gas and electricity unit rates. With more fixed energy tariffs returning to the market, Mr Lewis shared […]

Updated: Mar 25, 2024
Close Brothers Savings raises interest rate on fixed account to ‘excellent’ 5.26% | Personal Finance | Finance

Close Brothers Savings has increased the interest rate on its one-year fixed account to 5.26 percent, earning an “excellent” Moneyfacts rating. The account is aimed at savers with larger sums to invest as it requires a minimum deposit of £10,000 to open. However, more sizeable returns can be expected. To give an example of the […]

Updated: Mar 25, 2024
Calls for Commons vote on WASPI compensation as 15,000 state pensioners call for action | Personal Finance | Finance

More than 15,000 WASPI campaigners have called on the Government to grant a Commons vote on providing compensation for women affected by the issue. A report this past week from the Parliamentary and Health Service Ombudsman ruled there should be compensation, recommending a level of payments between £1,000 and £2,950. The WASPI (Women Against State […]

Updated: Mar 25, 2024
Experts predict when interest rates will drop as Bank of England holds rates again | Personal Finance | Finance

Interest rates will likely drop over the coming months despite the Bank of England holding the base rate again in its latest decision, experts have said. Inflation fell to 3.4 percent in the latest figures renewing hopes the bank could soon start to drop rates. Peter Stimson, head of Product at mortgage lender MPowered, said: […]

Updated: Mar 24, 2024
China’s real estate ‘black hole’ is coming for UK economy – dire warning | City & Business | Finance

China is “looking into a black hole” when it comes to its ailing property sector – and British businesses could also be sucked in, a UK tax consultant has warned. And Bob Lyddon has listed four ways in which the impact is likely to be felt domestically, highlighting a particular risk of the residential market […]

Updated: Mar 24, 2024
Energy bill dodgers stealing electricity in record numbers during cost-of-living crisis | Personal Finance | Finance

Reports of energy theft have skyrocketed by 62 percent since 2021 as the cost of living crisis drives energy bills higher. Data from Crimestoppers found that in 2023 alone there were 11,552 reports of energy theft, the highest number ever recorded. Stay Energy Safe, a service powered by the charity Crimestoppers, has appealed to the […]

Updated: Mar 24, 2024