Financial news

• Rachel Reeves humiliated as survey shows Brits 'reject her pension gamble!'

  16-04-2025 19:04 via express.co.uk
  
  British savers are wary of Chancellor Rachel Reeves' plans to require pension funds to invest more in the UK economy.
  
  Read more

• Rachel Reeves' brutal tax plan sees some fork out £800,000 to avoid massive bills

  16-04-2025 18:44 via express.co.uk
  
  The Chancellor has changed the rules on inheritance tax and the moves have led to a stampede to avoid steep bills.
  
  Read more

• The worst mobile phone providers ranked - including EE, Vodafone and O2

  16-04-2025 18:42 via express.co.uk
  
  The larger mobile network providers were outshone by their smaller rivals in a leading UK consumer survey.
  
  Read more

• State pensioners to be hit with stealth tax raid as HMRC data shows millions affected

  16-04-2025 17:55 via express.co.uk
  
  HM Revenue and Customs has revealed the freeze on thresholds will mean 17.9 million Brits being dragged into paying the basic rate of tax.
  
  Read more

• Advertisement

• HMRC issues letters with new tax codes to UK households - what they mean

  16-04-2025 17:25 via express.co.uk
  
  Britons are urged to be proactive and check if they're on the right tax code.
  
  Read more

• Martin Lewis urges Direct Debit customers to 'check today' to get £100s back

  16-04-2025 17:12 via express.co.uk
  
  Money Saving Expert Martin Lewis says those paying for their energy via Direct Debit may be owed hundreds of pounds with one check.
  
  Read more

• The cost of gaming is soaring – but for many fans, a game is ‘worth’ more than its price tag

  16-04-2025 16:31 via theguardian.com
  As tariffs raise the price of consoles, is it time for gamers to reevaluate our relationship with new releases?Now is not a good time to buy a new games console.The shock waves from Donald Trump’s will-he-won’t-he approach to trade tariffs were always going to hit video games, an industry that relies on incredibly complex global supply chains. On Monday, Nikkei Asia reported on analysis from a major electronics supplier suggesting that the Nintendo Switch 2 will be subject to Trump&r
  
  Read more

• HMRC issues new £2,200 alert urging people to 'cash in'

  16-04-2025 13:32 via express.co.uk
  
  Thousands of people may be able to cash the money in.
  
  Read more

• Advertisement

• Number of UK homes overheating soars to 80% in a decade, study finds

  16-04-2025 13:28 via theguardian.com
  Researchers say urgent action needed to inform people about risks of heatwave temperatures and adapt homesThe number of UK homes overheating in summer quadrupled to 80% over the past decade, according to a study, with experts calling the situation a crisis.Heat already kills thousands of people each year in the UK and the toll will rise as the climate crisis intensifies. Urgent action is needed both to inform people on how to cope with high temperatures and to adapt homes, which are largely desi
  
  Read more

• DVLA names eight types of vehicle exempt from paying road tax - full list

  16-04-2025 13:27 via express.co.uk
  
  If you drive any of these kinds of vehicles you may not have to pay the annual fee
  
  Read more

• HMRC cuts tax-free Personal Allowance for people with letter K on payslip

  16-04-2025 13:14 via express.co.uk
  
  If you have a letter K on your payslip you could be made to pay more tax to HMRC.
  
  Read more

• Asian shares sell off as US curbs on Nvidia chip sales to China fuel trade fears; UK inflation slows to 2.6% – business live

  16-04-2025 08:36
  
  Gold surges nearly 2% to new record high; Donald Trump orders investigation into potential tariffs on US critical mineral importsGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Asian shares have sold off as US chipmaker Nvidia took a hit from US curbs on chip sales to China, highlighting the damage from the escalating trade war between Washington and Beijing.Inflation falling for two months in a row, wages growing faster than prices and
  
  Read more

• UK inflation falls to 2.6%, increasing pressure on Bank to cut interest rates

  16-04-2025 08:01
  
  March annual rate comes before expected rise because of household bills going up this monthUK inflation dropped to 2.6% in March, increasing the pressure on Bank of England policymakers to cut interest rates next month.Prices growth was weak ahead of an expected rise in April as households begin to pay higher council tax and utility bills. Continue reading...
  
  Read more

• Snub the tub and buy a butt: nine ways to cut your water bill

  16-04-2025 08:00
  With household water bills in England and Wales rising by an average of 26% this year, here are the best ways to saveIf you live in England or Wales, your home has more bedrooms than people and you are not already metered, then switching to a water meter could save you hundreds of pounds each year. Continue reading...
  
  Read more

• Direct Line chasing me over dead uncle’s cancelled car insurance

  16-04-2025 08:00
  
  Bereaved executor questions lack of tact and why insurer was not alerted by closed bank accountMy uncle (RC) died last year and I’m his executor. When I checked his post I was surprised to find a bill from Direct Line addressed to the “executor of RC” stating a “final payment of £148 is overdue” for his cancelled car insurance. This was news to me as my uncle didn’t own a car.I was upset by this and contacted the insurer to suggest that it owed us money,
  
  Read more

• China to snub UK energy summit amid row over infrastructure projects

  16-04-2025 08:00
  
  Exclusive: Absence of world’s biggest clean energy producer will be welcomed by US pushing oil and gas exportsChina is to snub a major UK summit on energy security next week, the Guardian has learned, amid a growing row over the country’s involvement in UK infrastructure projects.The US will send a senior White House official to the 60-country summit, to be co-hosted with the International Energy Agency. Leading oil and gas companies are also invited, along with big technology busine
  
  Read more

• ASA bans Brazilian liquid butt lift ads from six UK cosmetic treatment providers

  16-04-2025 07:00
  
  Providers reprimanded for pressuring customers, exploiting women’s insecurities or trivialising medical risksThe Advertising Standards Authority has reprimanded six cosmetic treatment providers for pressuring customers, exploiting women’s insecurities or trivialising medical risks after an investigation into adverts for liquid Brazilian butt lifts (BBLs).The cosmetic procedure, which involves injecting fillers into the buttocks to enhance their shape and size, is unregulated in the U
  
  Read more

• Water companies’ pollution incidents in England increased by 30% in 2024

  16-04-2025 06:00
  
  The sector, which had been set a target to reduce spillages by 40%, needs ‘radical reform’, campaigners sayWater companies have missed their targets to reduce pollution with 2,487 incidents recorded in 2024 – twice the limit set by the Environment Agency.Data revealed under freedom of information law shows the companies were collectively set an Environment Agency target of a 40% reduction in pollution incidents, but instead recorded a 30% increase. Continue reading...
  
  Read more

• Hong Kong halts postal service for US-bound goods over Trump’s ‘bullying’ tariffs

  16-04-2025 04:09
  
  Post office says it ‘definitely’ won’t collect tariffs on Washington’s behalf and Hongkongers should prepare to pay exorbitant feesHong Kong Post said on Wednesday it had suspended goods mail services by sea to the US and will suspend its air mail postal service for items containing goods from 27 April due to “bullying” US tariffs.When sending items to the US, people in Hong Kong “should be prepared to pay exorbitant and unreasonable fees due to the US&r
  
  Read more

• Zuckerberg feared monopoly scrutiny and mulled Instagram split, files show

  16-04-2025 01:39
  
  Testimony that Instagram was ‘better’ seems to bolster allegations Meta used ‘buy or bury’ tactic to snap up rivalsMeta’s chief executive Mark Zuckerberg considered spinning off Instagram in 2018 in anticipation of a potential antitrust suit, documents unveiled at a trial in Washington showed on Tuesday.​​“While most companies resist break-ups, the corporate history is that most companies actually perform better after they’ve been split up,&r
  
  Read more

Follow @financialnwsUK on Twitter!