Spring statement 2025: what does it mean for your finances?
The chancellor, Rachel Reeves, has delivered her spring statement, and the Office for Budget Responsibility (OBR) has published its latest…
Tag: Savings
Reform of cash Isas is still on the agenda. Quite right, too | Nils Pratley
Hands off our cash Isas! Don’t punish savers for choosing safety! Don’t force everyone into stocks and shares! Think of…
Nationwide warns Reeves against cutting tax breaks on cash Isas
Britain’s biggest building society has waded into a row over whether the government should cut tax breaks on cash Isas,…
Lifetime Isas ‘could lead to savers making poor investment choices’, MPs say
Lifetime Isas could lead to savers making poor investment decisions and may not be the best use of public money,…
‘Nice to wake up to’: Nationwide to hand customers £50 each
Every little helps, so they say. Nationwide building society announced this week that it would be dishing out £50 mini-windfalls…
High street banks lose £100bn in deposits as UK savers shift to online rivals
High street banks across the UK have lost the equivalent of £100bn in savings as more customers turned from traditional…
Isas: six steps to take before the April allowance deadline
Check what you’ve used The maximum you can put away each tax year in any adult Isa is £20,000. That limit…
Zopa launches current account with cashback and 7.1% on savings
The battle for bank customers intensified this week, with a new player entering the UK current account market and offering…
Fake savings ads: ‘One of the most sophisticated scams we have seen’
With interest rates falling, you are hunting for the best home for your cash, so when an advert for a…
No cash Isa shake-up in spring statement, but Reeves still considering cuts
A mooted shake-up of cash Isas will not be announced in the spring statement this month, but the government is…