Mortgage Holders Face Blow as Bank of England Holds Base Rate at 5.25%
Bank of England holds base rate at 5.25%, disappointing mortgage holders. Experts warn of higher payments for 1.6 million fixed-rate deals ending in 2024.
Category : Banking
Taylor Urges Extended Hold for Interest Rates
Bank of England rate-setter Alan Taylor calls for maintaining interest rates at 3.75% until more certainty on economic outlook, citing geopolitical risks. Cuts possible if Middle East conflict eases and energy prices fall.
UK Banks to Access High-Risk AI Claude Mythos Amid Warnings
UK banks to get Anthropic's high-risk AI tool Mythos within a week, sparking warnings from finance leaders over cybersecurity threats.
Millions of Apple Users Could Get £77 Each in UK Claim
Which? wins legal battle to proceed with £3bn lawsuit against Apple over iCloud anti-competitive practices; 39.7 million UK users may receive up to £77 each.
Apple iCloud Users Could Get £77 Payout After Which? Win
Consumer group Which? has cleared a major legal hurdle in its £3 billion claim against Apple, potentially securing up to £77 for each of 39.7 million UK iCloud users.
Urgent Bank Warning Over ‘Hi Mum’ Text Scam
Santander warns of 'Hi Mum' WhatsApp scam using AI voice tech; fraudsters pose as children or friends to steal money.
Apple Users Could Get £77 in iCloud Lawsuit
Up to 39.7 million UK iCloud users could receive £77 each after Which? cleared a major legal hurdle in its £3 billion antitrust case against Apple over anti-competitive iCloud practices.
Murrell jailed alongside murderers at 'safest' Scottish prison
SNP chief executive Peter Murrell begins five-year sentence at HMP Dumfries, considered Scotland's safest prison, alongside notorious killers including Kriss Donald murderer Zeeshan Shahid.
Switch Credit Card to Save £700 as 0% Balance Transfer Deals Return
Switching to a 0% balance transfer card could save borrowers £700 in interest, as average credit card APR hits 36% while interest-free deals reach four-year highs.
Credit Card Alert: Free Switch Could Save £700
Nearly half of UK credit card debt incurs interest. Switching to a 0% balance transfer card could save £700 in interest over two years, as average APR hits 36%.
Burnham's Chancellor Pick: Miliband, Streeting, or Reeves?
Andy Burnham must choose a Chancellor signalling his economic direction. Options include Ed Miliband, Wes Streeting, Rachel Reeves, Pat McFadden, or others.
Premium Bonds Rate to 3.8%; NS&I New Bond Rates
NS&I confirms Premium Bonds prize fund rate will increase from 3.3% to 3.8% in July, with improved odds of 1 in 22,000. New British Savings Bonds and Green Savings Bond rates also announced.
Premium Bond Holders Face 'Real Risk' as NS&I Makes Changes
NS&I raises Premium Bond prize rate to 3.8% from July, but experts warn of 'real risk' of losing money after inflation; new fixed-rate bonds also issued.
Premium Bonds 'big shift' alert as NS&I announces account changes
NS&I raises Premium Bonds prize rate to 3.8% from July, odds improve to 1 in 22,000, and introduces higher rates on British Savings Bonds and Green Savings Bonds.
NS&I Hikes British Savings Bonds Rates
NS&I has increased rates on British Savings Bonds, with one-year bonds now paying 4.69% AER, as it aims to meet its net financing target amid a competitive savings market.
Dame Jilly Cooper Leaves Children £8.5m in Will
Author Dame Jilly Cooper left her children a net estate of £8.5 million after her death from a fall in October 2025. Probate was granted in June 2026, with beneficiaries including her children and stepdaughter.
HMRC July 31 2026 Payment on Account Deadline Overlooked
The HMRC self-assessment payment on account deadline on July 31, 2026, is often missed. Missing it triggers 7.75% daily interest and potential HMRC scrutiny. Check what you owe now.
HMRC July 31 2026 Deadline: Overlooked Payment Risks Penalties
UK taxpayers face HMRC self assessment payment on account deadline July 31, 2026. Missing it triggers 7.75% interest and scrutiny. Act now to avoid costly charges.
HMRC Payment on Account Deadline July 31: Millions Warned
The July 31 HMRC payment on account deadline affects millions of self-employed, freelancers, landlords, and business owners. Missing it incurs 7.75% daily interest and potential HMRC scrutiny.
Holiday Food Poisoning Could Cost £5,000
Nearly a quarter of UK travellers go abroad without insurance, risking bills up to £5,000 for food poisoning. Post Office data shows 7,644 sought emergency help in 2025, with average payout £563.
Spain Beach Fines: Up to €3,000 for Ball Games, Urinating
Holidaymakers in Spain face fines up to €3,000 for ball games outside designated areas, urinating in the sea, loudspeakers, and dogs on beaches, as local ordinances take effect.
Dame Jilly Cooper Leaves £8.5 Million Fortune to Family
Dame Jilly Cooper left an £8.5 million fortune to her children Felix and Emily and stepdaughter Laura Cooper, according to probate records. The author died aged 88 after a fall at her Gloucestershire home.
Woman with 38JJ breasts waits 4 years for NHS reduction
Lacey-Love Kent, 28, has waited nearly five years for an NHS breast reduction. With 38JJ breasts causing severe pain and rashes, she now fundraises for private surgery.
Pension Access Age Rising to 57 in 2028 May Cause Two-Year Delay
The Normal Minimum Pension Age rises from 55 to 57 on April 6, 2028. Savers born between April 1971 and April 1973 may face a two-year wait if they don't act before the deadline.
Martin Lewis Pledges to Fight 'Unfair' LISA Penalty
Martin Lewis pledges to continue lobbying against the 25% Lifetime ISA withdrawal penalty, calling it a 'manifest unfairness' for first-time buyers, regardless of who becomes Prime Minister.
Santander Regular Saver Account Offers 8% Interest
Santander has launched a new regular savings account paying 8% interest, including a 5% bonus for the first 12 months. Customers can save up to £200 monthly, with withdrawals allowed without penalties.
Energy Price Hike Warning: Switch to Fixed Tariff in 7 Days
Households have one week to switch to a fixed energy tariff to avoid a 13% price cap increase, potentially saving up to £221 annually, Uswitch warns.
Starmer Confirms £150 Energy Bill Discount for Six Million Households
Six million UK households will receive a £150 Warm Home Discount this winter, doubling eligibility under Keir Starmer's final policy before resignation.
Reeves Sacked as Chancellor: Impact on Your Finances
Experts warn that if Rachel Reeves is replaced as Chancellor, Brits face higher mortgage rates, more expensive loans, a weaker pound, and potential tax hikes for high earners.
Nigel Farage Tetchy Over £5m Crypto Gift in BBC Grilling
Reform UK leader Nigel Farage refused to answer questions on BBC Breakfast about an undeclared £5 million gift from crypto billionaire Christopher Harborne in 2024, as the sleaze watchdog launches a probe.
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