Four Major Banks Raise Mortgage Rates, Affecting Customers Nationwide Saturday, July 18, 2026 mortgage rates nationwide barclays virginmoney housing borrowers interest lenders uk Four prominent banks—Nationwide, Barclays, Virgin Money, and the Co-operative Bank—have recently increased their mortgage rates, delivering an unwelcome blow to borrowers across the UK. The new rates took effect Thursday, … Read More
HMRC Targets 144,000 Savers with £5,000+ Tax Demands on Savings Interest Monday, June 15, 2026 hmrc tax savings interest cashisa treasury investment finance taxation savers HM Revenue & Customs (HMRC) is intensifying its efforts to collect tax from savers, sending £5,000-plus tax demand letters to 144,000 individuals. According to data obtained through a Freedom of Information request, the … Read More
£5,000 HMRC Charge to Impact 144,000 Savers by 2026 Saturday, June 13, 2026 hmrc tax savings interest paragon savers finance isa accounts balance A recent Freedom of Information request by Paragon Bank reveals a sharp rise in the number of savers expected to pay £5,000 or more in income tax on their savings interest. HMRC forecasts that 144,000 people will owe at least … Read More
NS&I Issues Important Reminder to 22 Million Premium Bonds Holders Ahead of Rule Changes Wednesday, June 10, 2026 ns&i premiumbonds savings prizes finance investments lottery interest government hmtreasury National Savings and Investments (NS&I) has cautioned its 22 million Premium Bonds holders not to rely on the product as a guaranteed source of income. Although Premium Bonds are a favored savings tool backed by the … Read More
Nationwide Offers Exclusive Fixed Savings Deal: Earn Up to £631 on £10,000 Deposit Sunday, June 7, 2026 nationwide savings fixedrate interest buildingsociety memberexclusive bond themortgageworks mortgage buytolet Nationwide is presenting an exclusive opportunity for its account holders to earn a competitive fixed rate on their savings. With its Member Exclusive Bond, customers can earn a 5% AER/gross fixed interest rate annually for … Read More
Rachel Reeves Proposes 22% Tax on Interest from Stocks and Shares ISAs Wednesday, May 27, 2026 isa tax investment savings reform stocks interest treasury finance government Chancellor Rachel Reeves is reportedly preparing to impose a 22% tax charge on interest earned within stocks and shares ISAs. This move forms part of the Labour government’s plans to reform Individual Savings Accounts (ISAs), … Read More