Bank: Samantha and Andrew Bowden to Revitalize Millom’s Former NatWest
Samantha and Andrew Bowden are set to revitalize Millom's former NatWest Bank, now rebranded as The Old Bank. This move comes as banks tighten credit standards.
NS&I Bond Rate Increase: Green Savings Bonds Now Offer 3.82% AER
NS&I's Green Savings Bonds have increased their interest rate to 3.82% AER, appealing to savers looking for secure investments.
Premium bonds: NS&I Relaunches with New Interest Rate
NS&I has relaunched its Green Savings Bonds with a new interest rate of 3.82% AER, but this may not be competitive compared to other banks.
Lloyds HSBC NatWest Rule Changes Require 90 Days’ Notice for Account Closures
New regulations mandate that major banks provide customers with 90 days' notice before account closures. This marks a significant change in customer protection.
HMRC Property Valuation Scrutiny Intensifies Amid Rising Inheritance Tax Receipts
HMRC's scrutiny of property valuations has intensified, driven by a rise in inheritance tax receipts and advanced technology. Referrals to the Valuation Office Agency have surged.
HMRC Unclaimed Child Trust Funds: £1.5 Billion Awaits Young People
HMRC aims to reconnect young people with over £1.5 billion in unclaimed Child Trust Funds. Many remain unaware of their savings accounts.
Southern Co-op Insolvency Risk: 300 Stores and Jobs at Stake
Southern Co-op is on the brink of administration due to financial losses. A merger could save jobs and stores.
Octopus Go Price Increases Amid Global Energy Instability
Octopus Energy is raising rates for its Intelligent Octopus Go plan. This change comes amid global energy market instability.
Insurance: 86-Year-Old Woman Convicted Over Error
An 86-year-old woman was convicted for driving an uninsured car due to a typo in her insurance paperwork. This incident raises concerns about the insurance process.
UK Recession: A Quarter of a Million Jobs at Risk
The UK is facing a potential recession, with significant job losses projected. Economic forecasts indicate rising unemployment and inflation.