Drivers are still ‘paying too much’ for their fuel, says watchdog | Personal Finance | Finance
UK drivers continue to be overcharged for their fuel, as the retail margins remain “significantly” higher than historical rates, according to the UK Competition and Markets Authority (CMA). The CMA disclosed that the fuel market remains skewed against consumers even after a year from its first revealing report on the sector’s issues. According More...
Co-op Bank profits shrink as it hails ‘landmark’ 2024 ahead of Coventry merger | Personal Finance | Finance
The Co-operative Bank has reported a decrease in profits but has labelled 2024 as a “landmark” year as it plans to return to mutual ownership through its merger with Coventry Building Society. The More...
Supermarkets unlikely to be misleading customers over loyalty prices – CMA | Personal Finance | Finance
Supermarket giants Tesco, Sainsbury’s, Morrisons, and Lidl are under the microscope as the Competition and Markets Authority (CMA) delves into thousands of loyalty price promotions to determine if customers More...
HMRC’s ‘little known’ tax-free allowance after state pension query | Personal Finance | Finance
HMRC has pointed to a ‘little known’ tax allowance that could benefit state pensioners, which was mentioned by Martin Lewis. A taxpayer got in touch over X to ask: “In a Martin Lewis article More...
Sick Brits forced to cash in wealth to skip huge NHS waiting lists | Personal Finance | Finance
Britons are increasingly tapping into their property wealth to fund private health operations such as hip or knee replacements amid huge NHS waiting lists. Details have been revealed following research from More...
HMRC warns millions they have days left to avoid tax charge | Personal Finance | Finance
Households across the UK are being urgently reminded to steer clear of a “costly” 7.75 per cent tax charge as an important HM Revenue and Customs (HMRC) deadline looms large. Many Britons are due More...
Exact Labour tax raids to raise £25bn predicted by ex-BoE expert | Personal Finance | Finance
Chancellor Rachel Reeves could raise taxes on wealth and inheritance by as much as £25 billion, according to a former Bank of England expert. Increases in Capital Gains Tax and a ban on people passing on pension More...
Urgent demand for WASPI compensation as flood of MPs back proposal | Personal Finance | Finance
A motion in Parliament calling for a “proper plan” to compensate the WASPI (Women Against State Pension Inequality) generation of women has gained more than 80 signatures. The early day motion (EDM) More...
Parents could face having to pay back thousands after HMRC rule confusion | Personal Finance | Finance
Firms and workers could be forced to pay back thousands of pounds after wrongly taking advantage of childcare tax breaks. Accountants say confusion over HMRC rules means some parents have wrongly benefited from More...
We all knew Rachel Reeves would try this tax con – now we know what it will cost us | Personal Finance | Finance
We all knew what was coming, long before the general election result was in. The only question was the timing. Once Reeves had the keys to Number 11, she would ask Treasury officials to prepare an assessment More...
