Rachel Reeves’ Bank Rule Changes May Limit Consumer Compensation Access Wednesday, June 3, 2026 compensation banking consumerprotection financialservices legislation treasury regulation consumercredit ombudsman vulnerability Rachel Reeves’s proposed changes to banking regulations could significantly reduce consumers’ access to compensation by weakening key protections. The planned overhaul, part of the Treasury’s Enhancing Financial Services … Read More
Graduates Deemed ‘Cash Cows’ to Support State Pensioners, MPs Hear Wednesday, June 3, 2026 graduates studentloans debt intergenerational government education funding reform policy treasury Debt-ridden graduates are increasingly being viewed as ‘cash cows’ to finance the lifestyles of older generations, MPs were told during a Commons Treasury select committee session. On Tuesday, seven experts gave evidence on … Read More
DWP Urged to Maintain State Pension Triple Lock Amid Financial Concerns Saturday, May 30, 2026 pensions tripelock retirement statepension stevewebb treasury inflation policy welfare ukgovernment Sir Steve Webb, the former pensions minister under the coalition government and architect of the triple lock, has come out strongly in defense of the policy. He cautions that abandoning the triple lock at this time would be … 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
Rachel Reeves Faces Backlash Over Fuel Duty Hike Threatening Family Budgets Wednesday, April 29, 2026 fuelduty rachelreeves labourparty petrolprices taxation ukpolitics costofliving fuelhike treasury rac Rachel Reeves, the Labour Party’s Shadow Chancellor, is facing intense criticism over a proposed fuel duty hike set to take effect in September. The plan to reverse a recent cut and increase fuel duty by 5p per litre is … Read More
UK’s Six Biggest Banks to Proactively Contact 1.6 Million Mortgage Holders Monday, March 30, 2026 mortgages banks uk fixedrate homeowners financialsupport treasury lloyds nationwide barclays Nationwide, Barclays, NatWest, Lloyds, Santander, and HSBC UK—the six largest banks and building societies in the UK—have pledged to proactively contact 1.6 million mortgage customers whose fixed-rate agreements are set to … Read More