Tag: interest rates
Anyone with £10,000 savings given £300 warning to act today over Bank of England change
Financial experts say that people need to take urgent action to avoid missing out. …
Rachel Reeves set to target millions of Brits with £2,300 savings tax
Figures released by HMRC show that 2.64 million people could be hit by the tax. …
Bank of England base rate could plummet to 2.75%
Inflation remains at 3.6%, well above the Bank’s 2% target …
Halifax to shake up popular bank account used by thousands of customers with ‘cash deal’
From October 1, account-holders will be paid interest on balances – a move that effectively will bring free money to thousands …
Martin Lewis issues warning over 7% interest regular savings accounts
Martin Lewis says these ‘regular savings accounts’ are often called ‘a con’ by many of his listeners due to the rules on how they pay out. …
HMRC sending £1,600 fine letters to taxpayers from Thursday
HMRC is hitting people with fines worth up to £1,600 over 12 months following this Thursday’s deadline. …
Building society launches new savings account paying ‘appealing’ 6% interest rate
The new savings account comes alongside the launch of the building society’s brand new app. …
New NS&I bonds on sale from today with ‘increased rates’ that ‘buck trend’
They are available from Thursday …
Building society launches new savings account with ‘excellent’ 4.55% interest rate
The new savings account is currently offering some of the best returns on the market. …
Tax bill warning for people with more than £14,500 in savings accounts
Over seven million more Brits are expected to fall into the higher-rate tax band this year. …
