The UK government is preparing to send out tax demands to savers, with HM Revenue and Customs (HMRC) expecting to collect an estimated £9.1 billion from taxes on bank interest by the 2027-28 tax year. This move follows the …
New data reveals that 1,095,905 households who secured two-year fixed-rate mortgages in 2024 are approaching the end of their mortgage terms this year. These homeowners, who initially agreed to an average interest rate of …
Nationwide has announced reductions in its fixed mortgage rates, aiming to support first-time buyers, home movers, and those looking to remortgage. The recent changes include reductions of up to 0.15 percentage points on two, …
The Trades Union Congress (TUC) has intensified calls for the UK government to reinstate a higher windfall tax on banks after the country’s four largest lenders—Barclays, HSBC, Lloyds, and NatWest—revealed a combined …