Finance news

• More than 100 sites across England bid to become ‘new towns’

  12-02-2025 23:46 via ft.com
  
  Sir Keir Starmer claims some will be under construction by end of the current parliament
  
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• Treasury fears UK watchdog will give it little credit for pro-growth reforms

  12-02-2025 19:00 via ft.com
  
  Chancellor Rachel Reeves is braced for a steep downgrade by the Office for Budget Responsibility to its forecasts for output
  
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• UK needs air travel reform if it wants third Heathrow runway, says airport boss

  12-02-2025 18:37 via ft.com
  
  Thomas Woldbye is confident the government is committed to making controversial project happen
  
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• Banks slash savings rates after Bank of England rate cut

  12-02-2025 18:15 via ft.com
  
  Dozens of providers reduce rates or withdraw products following BoE move
  
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• Millions of ISA customers issued warning over March, April and May cash balances

  12-02-2025 12:45 via express.co.uk
  
  The ISA allowance is the maximum amount of money you can save or invest in a tax year without having to pay tax on the interest or returns you earn.
  
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• Rachel Reeves could soon hike income tax rates, experts warn

  12-02-2025 12:27 via express.co.uk
  
  Britain's leading economic think tanks have sounded the alarm
  
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• Major bank launches sub 4% interest mortgages in start of potential ‘price war’

  12-02-2025 10:58 via express.co.uk
  
  The move marks a "significant shift" in mortgage interest rates, with customers to benefit from 3.99% deals.
  
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• DWP warning as State Pension could jump up by £917

  12-02-2025 10:58 via express.co.uk
  
  Under new forecasts, the State Pension could rocket by £917 a year by April 2026
  
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• Income tax threshold raise update as petition passes huge barrier

  12-02-2025 09:09 via express.co.uk
  
  A surge in support to end the freeze and raise the lowest rate from £12,570 to £20,000 will be considered for a Westminster Hall debate in Parliament
  
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• Local Government Pension Schemes are heading for an embarrassment of riches

  12-02-2025 07:00 via ft.com
  How to scheme it
  
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• UK banks to lobby Reeves on hiring top foreign talent

  12-02-2025 06:00 via ft.com
  
  Chancellor’s meeting with financial services groups expected to focus on visas, regulation and tax
  
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• Portishead’s “reverse Beeching” set to get green light

  12-02-2025 06:00 via ft.com
  
  The renewed railway promises to cut car commuting and get up to £43mn in economic growth on track annually
  
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• Portishead’s ‘reverse Beeching’ railway set to get green light

  12-02-2025 06:00 via ft.com
  
  Renewed service promises to cut car commuting and get up to £43mn in economic growth on track annually
  
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• Banks to lobby Reeves on hiring top foreign talent

  12-02-2025 06:00 via ft.com
  
  Chancellor’s meeting with financial services groups expected to focus on visas, regulation and tax
  
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• Exact date as Nationwide to change fees for millions of customers

  12-02-2025 05:19 via express.co.uk
  
  A raft of changes will come into force between now and May, Nationwide said.
  
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• Diabetics could be fined up to £1,000 for not telling the DVLA about their condition

  12-02-2025 02:47 via express.co.uk
  
  There are a wide range of health conditions that could potentially affect your driving, and as a result you must tell the DVLA of any medical condition that could affect your driving
  
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• DWP Triple Lock could deliver £442 State Pension increase next year

  12-02-2025 02:05 via express.co.uk
  
  The growing pressures of paying for the state pension means the triple lock could soon come under scrutiny, an expert has warned
  
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• HMRC ‘vastly underestimating’ UK tax evasion, MPs say

  12-02-2025 01:01 via ft.com
  
  Cross-party committee warns agency is not ‘sufficiently curious’ about scale of illegal practice
  
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• Deficits at NHS trusts in England more than double

  12-02-2025 01:01 via ft.com
  
  Rising cost of temporary staff and increased outsourcing to the private sector weigh on England’s health service
  
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