Press Releases
NatWest to hike fees on some bank accounts – how to avoid the extra charges | Personal Finance | Finance

NatWest is set to make a significant alteration to bank account fees, with some customers paying an extra £60 annually. The change would see an increase in the monthly cost of some of its packaged bank accounts, which feature additional perks such as insurance cover, but at a price. NatWest plans to raise the monthly […]

Updated: Apr 26, 2024
Full list of most unaffordable capital cities in Europe – check if you should move | Personal Finance | Finance

London is the most expensive capital city in Europe, followed by Monte Carlo and Dublin, new research has found. Personal finance experts at Finansvalp gathered data from the cost-of-living website Numbeo in order to create their affordability index, which included every European capital city. Each city was scored out of 100 based on eight factors, […]

Updated: Apr 26, 2024
Bill bombshell over tax thresholds change hitting 100,000 couples – see if you’re affected | Personal Finance | Finance

More than 100,000 married couples face shock bills because of the Government’s decision to freeze tax thresholds. The marriage allowance, which was introduced by former Conservative chancellor George Osborne, allowed a higher-earning spouse to transfer £1,260 (10 percent) of their personal allowance to their partner. However a freeze on tax thresholds means that an estimated […]

Updated: Apr 26, 2024
HMRC issues record-breaking £42m worth of pension tax refunds | Personal Finance | Finance

HMRC has refunded an astounding £42million in overpaid tax on flexible pension withdrawals in the first three months of 2024. According to the newly released figures, this takes the total tax repayments for the previous tax year (2023/24) to over £198million, marking a record amount for any one tax year. In total, over £1.2billion has […]

Updated: Apr 26, 2024
WASPI ‘debacle’ teaches one key lesson to pension savers, expert says | Personal Finance | Finance

A pensions expert has warned there is an important lesson to take from the WASPI dispute for all people planning for their retirement. Campaigners are pushing to secure DWP compensation for the WASPI (Women against state pension inequality) generation of pensioners. Neil Rayner, head of Advice at True Potential, told Express.co.uk: “The WASPI debacle is […]

Updated: Apr 26, 2024
One simple trick could help save you £146 a year on household bills | Personal Finance | Finance

Brits with water meters could save £146 per year by switching to a water saving shower head, new research has found. On average, a regular shower head has a 12 litre per minute flow, whereas a water saving shower head has an average 5.7 litre per minute flow. This hefty difference could reduce Brits water […]

Updated: Apr 26, 2024
WASPI campaigner points to ‘real’ cause of DWP compensation row | Personal Finance | Finance

A Conservative MP backing the WASPI campaign has placed the blame for the DWP compensation controversy on a previous administration. John Penrose MP has pointed out that it was under a previous Labour Government – led by Sir Tony Blair – that the DWP failings took place – but acknowledged that his Government needs to […]

Updated: Apr 26, 2024
Martin Lewis issues warning to 365,000 workers who are being underpaid | Personal Finance | Finance

Martin Lewis has issued a warning to people paid minimum wage (Image: ITV) Martin Lewis has issued a stark warning to 365,000 workers who are being underpaid by their employers after wage increases earlier this month. The founder of Money Saving Expert (MSE) shared the alert in a recent MSE newsletter, explaining that from April […]

Updated: Apr 26, 2024
Insurers commit to new principles on cost of paying monthly for motor cover | Personal Finance | Finance

Members of the Association of British Insurers (ABI) have pledged to implement new measures to control the costs for motorists who opt to pay their insurance premiums monthly. The principles of premium finance, which include transparency, affordability, fair value, proportionality and accountability, are designed to manage these costs. Recent findings from consumer group Which? suggest […]

Updated: Apr 25, 2024
Nationwide, Barclays and Lloyds ‘winners’ in current account switch battle | Personal Finance | Finance

Nationwide Building Society, Barclays, and Lloyds Bank emerged as the top beneficiaries in the final quarter of 2023 because of gains made through the Current Account Switch Service (Cass), according to industry statistics. The data published by Cass indicate that from October 1 to December 31, Nationwide saw a net increase of 163,363 full account […]

Updated: Apr 25, 2024