309 results for "bank"

Addressing inflation requires sacrifices from UK workers, including accepting reduced income deals, and necessitates organizations to regulate their profits. This cautionary stance is emphasized by a Bank of England official,...

Economists, including those at the National Institute of Economic and Social Research (NIESR), warn that the Bank of England's reluctance to share its plans for interest rate cuts may lead...

Central banks must ensure they have fully addressed inflation concerns before considering interest rate cuts this year, according to the Organization for Economic Co-operation and Development (OECD). Despite revising its...

A cross-party coalition of Members of Parliament is urging ministers to promptly allocate £4 billion to bolster English town hall budgets. This call for action aims to avert an imminent...

Analysts are increasingly noting the Bank of England's likely recognition of the unexpected progress in curbing inflation. However, the central bank remains hesitant about initiating interest rate cuts. The Bank...

On Thursday, the European Central Bank decided to maintain its current interest rates, emphasizing a commitment to keeping them elevated for an extended period. The central bank's primary objective is...

In a surprising move, Pan Gongsheng, the Governor of the People's Bank of China, announced that the country is planning to reduce the reserve requirement bank ratio in early February...

UK households will experience a set of changes in October 2024, which will impact various financial rules and support payments.

The DWP is informing people about available support to cope with rising living costs as many families face higher bills for essentials like heating, food, and mortgages.

Drivers are set to benefit as Saudi Arabia plans to increase oil production, causing Brent Crude prices to drop. This move has already led to lower fuel prices at the…

Money Saving Expert founder Martin Lewis has shared a simple method to get £175 in free cash just in time for the holiday season.

State pensioners living in certain areas in the UK can benefit from the Winter Heating Payment, a lesser-known scheme aimed at helping with heating costs during the colder months.

First-time buyers and those with smaller deposits are beginning to feel the effects of recent mortgage rate reductions as competition among lenders intensifies. Major players such as Nationwide and Clydesdale...

The European Central Bank (ECB) has implemented its second interest rate cut of the year, reducing its main rate to 3.5% from 3.75%. This decision follows a widely expected 25...

In the aftermath of a recent interest rate cut by the Bank of England (BOE), more mortgage offers with interest rates under 4% are becoming commonplace, which can be nothing...

Households have only a limited time to claim free payments from the Household Support Fund (HSF), which is offering more than £57 million in unclaimed support. This allocation of funds,...

The FTSE 100 danced tantalizingly close to its all-time record on Friday, soaring above the 8,400 mark before losing momentum and closing the day slightly in the red. The London...

The Bank of England has reported a significant increase in mortgage approvals for home buyers, reaching the highest level since the mini-budget delivered under former Prime Minister Liz Truss. In...

A continuing cost-of-living crisis has gripped the people of the UK, ringing in difficulties in day to day life expenses for millions of families. Whether it's shopping or even making...

If you are a bank account holder, it is possible that you are missing out on some serious savings. Finance guru Martin Lewis and his Money Saving Expert team are...

HMRC is urging millions of UK households to claim a handout valued at £2,380 before the looming Saturday deadline. HMRC Urges Parents to Apply for Tax-Free Childcare by Saturday to...

Drivers and road users have been warned not to be on the roads this week as Britain braces for chaos. Experts have urged motorists, drivers and road users across the...

Towards the start of this summer, the Scottish Government announced that almost 89,000 one-off Carer’s Allowance recipients received £288.60 each. This was a total of 25.6 million pounds in June...

Millions of people receiving benefits have been informed about upcoming changes in August. Because of the bank holiday, payments including Universal Credit, PIP, and Pension Credit will be made earlier...

There’s been a persisting inflation over the last couple of years such that many people in the UK are struggling with payments, afford basic requirements and have a roof over...

A sum of £150 is expected to be automatically deposited into the bank accounts of English, Scottish, and Welsh state pensioners following the Government’s Warm Home Discount scheme this winter....

Later this year, old age pensioners will receive a notification about getting extra money. A significant number of elderly people’s bank accounts will increase in November when the Warm Home...

Over 221,000 individuals from across the UK have signed an online petition initiated by Age UK, calling on Chancellor Rachel Reeves to overturn the decision that requires means testing for...

Many struggling UK households are set to receive cost of living grants of up to £600 to help cover their daily expenses. The payments are part of the Household Support...

Since 1997, British elderly citizens have been given heat allowances that are not taxed. This Winter Fuel Payment was initiated years ago by the Labour Government and used to give...

People who submit their taxes directly to HMRC through Self-Assessment are being urged to meet the deadline today, July 31. If they fail to do so, they could face a...

Universal Credit and other benefits are about to change a lot in April. You should understand these changes well and the possible impact on your family. Tax Credit Deadline There...

HMRC, the government's tax authority, is set to send an important tax letter to hundreds of thousands of UK residents this month urging them “not to ignore it”. UK Households...

Wilko, the popular British retail chain, has returned to the high street, launching five new stores to date, with a sixth on its way! Wilko Set for Comeback: New Ownership...

High street bank Santander has issued a stark warning to its customers, highlighting the risk of losing over £1,500 to holiday scams. The bank is urging holidaymakers to stay vigilant...

Boots, the well-known and established pharmacy and health and beauty retailer, has announced the closure of hundreds of its stores by the end of the summer. Amongst its 300 shops,...

Later this year, thousands of disabled children and young people across Scotland will get a one-off payment worth £251.50to help cover higher heating costs during the 2024/25 winter. Winter Payment...

Industry experts have welcomed new measures announced in the King's speech on Wednesday, aimed at helping individuals increase their pension savings. However, they note that further efforts are required.  The...

The research shows that by 2026 million pensioners could suffer from so-called “retirement tax” on their state pension. Labour will hold the current tax threshold at £12,570 up to 2027-28....

Inflation has been on the rise in recent years, with cost of living crisis that has made prices to go up, which have burdened millions of households from payment of bills...

Due to the upcoming bank holidays, payment dates are set to change as revealed by the Department for Work and Pensions (DWP). The first bank holiday, observed only in Scotland,...

According to the Department for Work and Pensions, there are more than 3.5 million adults all over Great Britain currently claiming Personal Independence Payment (PIP), with around 173,000 residing in...

People receiving Personal Independence Payments (PIP) have to inform the Department for Work and Pensions (DWP) about any changes in their circumstances or could risk having their benefit entitlement revoked,...

A set of four new videos recently appeared on the Department for Work and Pensions (DWP) website about Personal Independence Payment (PIP) with an aim to inform people about the...

According to the most recent figures from the Department for Work and Pensions (DWP), there were 6.9 million people across England, Scotland and Wales, getting financial help through Universal Credit at...

The Department for Work and Pensions (DWP) has provided clarifications on whether investigators can reach out to claimants' neighbours if a claim of benefit fraud is made against them.  In...

People who have reached State Pension age and are receiving disability benefits may qualify for an extra £326 each month State Pensioners on Disability Benefits or Carer’s Allowance Eligible for...

Very soon, a £500 payment is to be made to several households from the government’s Household Support Fund (HSF) Amid the cost of living Crisis. The funds are allocated by...

New figures reveal that the two-child benefit cap affects about 440,000 families in the UK, as pressure grows on the new Labour government to end the “cruel” policy. Controversial Two-child...

The 2024 rise in the amount of households wanting to fix their mortgage rate for just a couple of years is an indication of the fact that homeowners are hopeful...