Press Releases
British Gas takes £3,300 from man’s account – despite him never being a customer | Personal Finance | Finance

In a mix-up, British Gas has deducted over £3,300 from a pensioner’s account, even though he was never their customer. Retiree Lawrence Cannon, 67, only spotted the improper charges in November last year. From Halewood, Merseyside, Mr Cannon shared with The Mirror: “I don’t bank online and, to be honest, don’t often go through my […]

Updated: Feb 23, 2024
Martin Lewis shares ‘cheaper’ alternatives to using tumble dryer as Brits cut | Personal Finance | Finance

Martin Lewis, the consumer guru, has offered much-needed advice on how Brits can cut costs and dry their clothes quickly without resorting to expensive tumble dryers. In his Martin Lewis podcast, he warned that the high-running costs of tumble dryers make them a “demon” appliance. With food prices and energy bills rising, people across the […]

Updated: Feb 23, 2024
Ryanair says UK airports are at ‘enormous disadvantage’ because of air tax | Personal Finance | Finance

Ryanair has warned that UK airports are at a ‘huge disadvantage’ due to the air passenger duty (APD). Jason McGuinness, the airline’s Chief Commercial Officer, said that many airports outside London are being ‘hamstrung’ as the tax hinders growth in flight capacity. Economy passengers for UK departures are charged an APD of £6.50 for domestic […]

Updated: Feb 23, 2024
NS&I explains after man tracks down long-lost Premium Bonds and is ‘surprised’ | Personal Finance | Finance

A man who found some old Premium Bonds his mum bought for him as a child reached out to provider NS&I for help about how to check his winnings. His mum purchased the Bonds over 50 years ago in 1973, when he was around four years old, but she had forgotten about them until her […]

Updated: Feb 23, 2024
Martin Lewis brands £230 energy price cap plunge figure ‘meaningless’ | Personal Finance | Finance

Martin Lewis today branded expected savings of more than £230 on energy bills as a “meaningless” figure following this morning’s energy price cap announcement. Today it was announced that in April families will save on average hundreds from their annual bill with the Ofgem price cap at its lowest level since February 2022. The founder […]

Updated: Feb 23, 2024
Energy price cap to fall from April with families to save over £230 a year on bills | Personal Finance | Finance

Energy bills will fall in April as the energy price cap for the average dual fuel household drops from the current £1,928 a year to £1,690 a year. This means a typical home that pays by direct debit will see bills drop by £238 a year, with the price cap to fall to its lowest […]

Updated: Feb 23, 2024
Mortgage meltdown warning as almost 500,000 will miss key payments in next six months | Personal Finance | Finance

Nearly half a million mortgage holders are set to miss a payment in the next six months, new data shows. Experts attribute the ongoing crisis of debt and default to the rapid rise in mortgage interest rates, driven by the Bank of England’s successive interest rate hikes since March 2022 and August 2023. Data from […]

Updated: Feb 23, 2024
Council tax to increase by over £80 – check how much your bill is going up | Personal Finance | Finance

Council tax bills are going up from April with average bills for a Band D property increasing by £84. Millions of people in a Band D home will see their bils increase to more than £2,000 a year with other household bills also increasing from April. Local authorities can increase council tax by up to […]

Updated: Feb 23, 2024
‘I’m an economics expert, here’s how Jeremy Hunt can put £250 in Britons’ pockets’ | Personal Finance | Finance

Jeremy Hunt is under pressure to cut taxes to help working Britons (Image: Getty) Jeremy Hunt unfreezing the personal allowance would be the biggest Budget benefit to Britons, putting around £252 into employees’ pockets, an economics expert has said. The Chancellor is being urged to deliver tax giveaways on March 6, a crucial date for […]

Updated: Feb 22, 2024
Nearly half of Brits have financial regrets – like not saving more when they were younger | Personal Finance | Finance

Nearly half of Brits have financial regrets – with not saving more when they were younger topping the list, research has found. A study, of 4,000 adults, also found one in three wish they had started saving for a comfortable retirement earlier in life – with this rising to more than half among over-55s. And […]

Updated: Feb 22, 2024