Financial news

• ‘They’re trying to milk us’: leaseholders tell of soaring charges amid Labour reform delays

  25-01-2026 14:00 via theguardian.com
  Some residents say they are facing financial ruin as government’s long-awaited law changes stall“I don’t say this lightly, but I feel traumatised by this,” said Sarah*, a leaseholder who owns a one-bedroom flat in Moseley, south Birmingham. “Every time I open the front door to my house I’m expecting some frightening letter with lots of zeros on it. It has ruined my life, to be honest.”Sarah works full-time as a school teacher, but has been forced to take
  
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• City minister accused of ignoring £2bn car finance tax loophole

  25-01-2026 12:00 via theguardian.com
  Critics say banks will be able to avoid tax on compensation payouts to victims of £11bn loans scandalThe City minister, Lucy Rigby, has been accused of snubbing taxpayers after she appeared to brush off concerns about a £2bn tax loophole benefiting big banks caught up in the car loans scandal.Rigby was urged to intervene by a member of the parliamentary Treasury committee after it emerged that lenders including Barclays, Lloyds and Santander could sidestep rules designed to ensure ba
  
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• How botched Tory insulation scheme looms over Labour’s warm homes plan

  25-01-2026 11:00 via theguardian.com
  Eco programme turned into a national scandal – but experts worry £15bn plan will prioritise green energy over insulatingNo homeowner wants to be faced with a hefty bill for household repairs – and when those charges are the result of botched insulation under a UK government-run scheme, individual misfortune turns to national scandal.That has been the experience of tens of thousands of households after what MPs have condemned as the “catastrophic failure” of the ener
  
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• Fitness fraud: gym goers warned over fake deals on memberships and personal trainers

  25-01-2026 08:00 via theguardian.com
  January is a prime time for people looking to get fit, so fraudsters create fake websites and appsA new year means a new start – it’s time to get fit and there are quite a few deals out there. On Facebook you see a local gym advertising a discount on membership if you sign up within the next few hours. There are limited spaces so you act quickly.It’s only after you pay that you realise the ad was a fraud: you’ve received no membership details and when you contact the gym
  
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• Brits earning over £50,271 issued pension tax claim warning

  25-01-2026 01:01 via express.co.uk
  The alert comes ahead of an important HMRC deadline.
  
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