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Chase introduces a bonus rate on its savings account – but do you qualify?
Chase’s easy-access savings account has become a best buy after the addition of its first-ever bonus rate. But with several restrictions, are you eligible – and why you may need to act fast
By Vaishali Varu Published
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Financial Conduct Authority: cost of living crisis hits savings and investments of 28m people
News The cost of living crisis has forced UK adults to either stop, cut back on, or raid their savings and investments, research by the City watchdog has discovered.
By Henry Sandercock Published
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Non-essential consumer spending falls to lowest levels since September 2022
Consumer spending hit an 18-month low in March amid spike in housing costs and damp weather, Barclays reveals
By Oojal Dhanjal Published
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Workers set for new national insurance tax cut – how much will you save?
News National insurance tax rates have fallen but frozen allowances may limit the benefits.
By Marc Shoffman Last updated
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FCA urged to crack down on UK car insurance claim valuation ‘lowballing’
Which? has called on the financial regulator to ‘toughen up’ its car insurance consumer protections after it found drivers were ‘dissatisfied’ with write-off valuations
By Henry Sandercock Published
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Halifax house price index paints 'pessimistic' picture amid high mortgage rates
House prices have fallen on a monthly basis for the first time in six months, according to Halifax. Are property values set to drop again?
By Henry Sandercock Published
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UK new tax year start: full list of HMRC tax codes and what they mean explained
With a new UK tax year now only hours away, you may be wondering what your tax codes mean.
By Henry Sandercock Last updated
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Financial Ombudsman Service: cost of living crisis set to drive more complaints
The Financial Ombudsman Service has predicted an uptick in complaints over the next 12 months due to 'everyday financial concerns'.
By Henry Sandercock Published
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Construction of new build homes on a par with 2008 recession, ‘gloomy’ official data shows
The number of new build homes being produced fell by half in 2023, new official figures show. It has prompted warnings about the health of the housing market.
By Henry Sandercock Published
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The regions where it was worth paying for an active fund manager in 2023
News Active funds continued to underperform compared with passive alternatives last year but where were the best and worst performers?
By Marc Shoffman Published
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NatWest, RBS and Ulster Bank to close doors to 51 more branches in 2024
Banking group NatWest is set to shut 51 more branches this year. We have the full list of closures
By Vaishali Varu Published
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First Direct’s £175 switch bonus returns – should you move banks?
The £175 switching deal may not be the biggest on the market, but First Direct offers a host of perks including 7% on regular savings plus excellent customer service. We look at whether it’s worth taking advantage of the deal
By Vaishali Varu Last updated
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How to avoid online purchase scams
Online purchase scams are on the rise, warn Santander and Gumtree. But how do these marketplace scams work and how can you stay safe?
By Oojal Dhanjal Published
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April 2024 NS&I Premium Bond winners – check now to see whether you've won
Premium Bond holders can check from today (3 April) to see if they have won a prize in NS&I’s April 2024 Premium Bond draw
By Vaishali Varu Published
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£2.6bn lost to investment scams between 2020 and 2023, Pensions Management Institute finds
Investment scammers stole an average of £13m a week over the four-year period, according to a Freedom of Information (FOI) request.
By Henry Sandercock Published
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Nationwide reveals ‘subdued’ housing market despite strongest growth since mini-Budget
The first three months of 2024 have seen the strongest house price inflation since Liz Truss was prime minister. But mortgage rates appear to have stalled growth.
By Henry Sandercock Published
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Shop price inflation falls to lowest level ‘since cost of living crisis began’
The British Retail Consortium (BRC) measure of shop price inflation shows consumer prices fell last month compared to February.
By Henry Sandercock Published
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Ofgem energy price cap falls 12.3% - what it means for your energy bills
The new Ofgem energy price cap rate means energy bills have dropped by an average of £20 a month. But prices remain well-above pre-Covid levels.
By Henry Sandercock Last updated
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April 2024 Premium Bond winners – did you bag the £1m jackpot?
NS&I has unveiled two lucky millionaires in the April draw. Have you won any Premium Bonds and how can you check for prizes?
By Vaishali Varu Published
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Woodford investors receive £185 million in compensation
It is almost five years since the Woodford Equity Income Fund was suspended. After a High Court ruling in February, investors are in line for some compensation, the watchdog has said.
By Katie Williams Published
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Zoopla: housing market recovery continuing amid brighter 2024 outlook
The Zoopla House Price Index has found sellers are still accepting five-figure discounts on their properties. But house price inflation is improving.
By Henry Sandercock Published
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Yorkshire Building Society launches 99% loan-to-value mortgage – is a low deposit loan a good idea?
News First-time buyers can get on the property ladder with just a £5,000 deposit, we explain how the new mortgage product works.
By Marc Shoffman Published
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Halifax: cheaper to rent first-time buyer houses than own them in ‘most parts’ of UK
Halifax’s data showed rent came in cheaper than monthly mortgage costs everywhere except the South West, London and Scotland.
By Henry Sandercock Last updated
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Hargreaves Lansdown bumps up cash ISA with £25 cashback - does it beat the wider ISA market?
Just days before the end of the tax year, Hargreaves Lansdown has launched a £25 bonus for those who open a cash ISA on its savings platform. Does the bonus make it a competitive rate, and are you eligible for the cashback?
By Vaishali Varu Published
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FCA targets finfluencers with new social media guidance
So-called finfluencers have been warned by the UK financial watchdog that they could face prosecution if they fail to follow new rules.
By Henry Sandercock Published
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Revealed: UK’s biggest ISAs stand at more than £11.6 million each
The top 25 ISAs are worth an average of £11,660,000 each, according to HMRC data - bigger than the country’s largest pension pot. We uncover the secrets of the ISA millionaires.
By Ruth Emery Published
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Waspi women: ombudsman calls for £10.5bn compensation package after it finds DWP guilty of maladministration
Changes to the state pension age for women were not properly communicated, the ombudsman has ruled. But will the government act on its recommendations and compensate the Waspi women?
By Katie Williams Last updated
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Copycat banking websites on the rise - how to spot one
Over 2,000 banking copycat websites were reported as phishing scams in 2023, according to Which? But how do you know if the banking site you're about to use is real?
By Oojal Dhanjal Published
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Ofgem launches consultation on future of energy price cap amid UK net zero push
The Ofgem energy price cap could be adapted to better reflect renewable energy consumption habits and greener tariffs, like time of use deals.
By Henry Sandercock Published