UK money news

Santander is offering a current account switch incentive of £180, which could provide a welcome cash boost to customers this summer.

Santander is offering a current account switch incentive of £180, which could provide a welcome cash boost to customers this summer.

Many will have lost money in real terms as savings accounts fail to keep up with inflation.

Many will have lost money in real terms as savings accounts fail to keep up with inflation.

The high street bank becomes the latest provider to offer a current account switch incentive this summer.

The high street bank becomes the latest provider to offer a current account switch incentive this summer.

Savers are being urged to make the most of their annual ISA allowance.

Savers are being urged to make the most of their annual ISA allowance.

You don’t have to sacrifice interest for the chance to win big!

You don’t have to sacrifice interest for the chance to win big!

The Club Lloyds accounts also grant access to a range of additional lifestyle perks – just in time for the summer holidays.

The Club Lloyds accounts also grant access to a range of additional lifestyle perks – just in time for the summer holidays.

Those being dragged up the tax ladder will see their Personal Savings Allowance slashed and might be at risk of paying tax on interest accrued.

Those being dragged up the tax ladder will see their Personal Savings Allowance slashed and might be at risk of paying tax on interest accrued.

NatWest is the latest bank to launch a current account switch bonus, with customers able to receive £175 in cash by meeting certain requirements. Find out more.

NatWest is the latest bank to launch a current account switch bonus, with customers able to receive £175 in cash by meeting certain requirements.

Members can also earn an additional £200 with a new, exclusive current account switching deal.

Members can also earn an additional £200 with a new, exclusive current account switching deal.

UK inflation soared to 3.5% in April, its highest level in more than one year. With inflation higher than many expected, find out what it could mean for you.

UK inflation soared to 3.5% in April, its highest level in more than one year.

Meanwhile, fewer than 10% received financial advice on investments, pensions or retirement planning in the past 12 months.

Meanwhile, fewer than 10% received financial advice on investments, pensions or retirement planning in the past 12 months.

In the wake of new tariffs announced at the start of last month by US President, Donald Trump, the Bank of England has voted in favour of lowering the UK base rate to 4.25%. Find out the impact this could have on your savings and mortgage:

Meanwhile, volatile swap markets provide impetus for mortgage cuts. Find out how your finance might be affected:

The Co-operative Bank has relaunched its switching incentive, and now offers eligible customers up to £175. Find out more.

The Co-operative Bank has relaunched its switching incentive, and now offers eligible customers up to £175.

With unused pension pots set to be subject to Inheritance Tax in April 2027, Kellands Hale explains how you can prepare for the upcoming changes.

With unused pension pots set to be subject to Inheritance Tax in April 2027, Kellands Hale explains how you can prepare for the upcoming changes.

The rate of inflation in the UK eased to 2.6% in March, lower than many predicted. However, this dip is likely to be short-lived as inflation is expected to rise again in April.

The rate of inflation in the UK eased to 2.6% in March, lower than many predicted.

While individuals may worry about the impact on their personal finances during times of economic unrest, it’s important to stay calm and not make any knee-jerk reactions.

While individuals may worry about the impact on their personal finances during times of economic unrest, it’s important to stay calm and not make any knee-jerk reactions.

As well as a market-leading switching incentive, Nationwide BS also offers 1% cashback and a £50 interest-free overdraft buffer with selected accounts.

As well as a market-leading switching incentive, Nationwide BS also offers 1% cashback and a £50 interest-free overdraft buffer with selected accounts.

Despite no major tax changes in today’s Spring Statement, measures announced in last year’s Autumn Budget are set to come into effect.

Despite no major tax changes in today’s Spring Statement, measures announced in last year’s Autumn Budget are set to come into effect.

With the rising cost of living and effects of fiscal drag, can savers really afford to overlook the tax benefits ISAs offer?

With the rising cost of living and effects of fiscal drag, can savers really afford to overlook the tax benefits ISAs offer?

Borrowers are encouraged to compare other factors, aside from just interest rates, to find the best deal for their needs.

Borrowers are encouraged to compare other factors, aside from just interest rates, to find the best deal for their needs.