Financial news

• XRP Surges 68% in Six Months; HashJ Launches Simplified XRP Contract Participation Amid Renewed Institutional Adoption

  03-08-2025 14:00 via globenewswire.com
  
  London, United Kingdom, Aug.03, 2025(GLOBE NEWSWIRE) -- MGPD Finance Limited, doing business as HashJ, today announced the official launch of simplified XRP contract participation, enabling everyday users to engage effortlessly with XRP's renewed market growth. The launch coincides with XRP’s impressive 68% value surge over the past six months, largely driven by renewed institutional interest and widespread adoption across global payment platforms.  Simplifying XRP Participation
  
  Read more

• My wife died but Virgin Media seems unable to transfer account to my name

  11-11-2025 08:00 via theguardian.com
  Transferring names and moving to a cheaper deal should not require the bereaved to repeatedly explain a deathMy wife died suddenly 18 weeks ago. I contacted Virgin Media to get our phone and broadband account transferred from her name to mine. Its website said I could make changes to the package at the same time so I asked to be moved to a deal at half the cost.I was told I would have to cancel the existing contract and wait 14 days before signing up to a new deal. This would leave me with no in
  
  Read more

• Households with state pension and small private pension urged to beware 2027 HMRC tax

  10-11-2025 21:29 via express.co.uk
  A change is due to come in by April.
  
  Read more

• Forgotten Victorian trick could help Brits save hundreds in bills this winter

  10-11-2025 21:28 via express.co.uk
  With heating bills rising, one easy trick used in Victorian times can help save you money in energy bills.
  
  Read more

• Advertisement

• Rachel Reeves signals plan to remove two-child benefit cap in budget

  10-11-2025 18:59 via theguardian.com
  Chancellor understood to be preparing to fully reverse measure, which would cost over £3bn but could lift 350,000 children out of povertyRachel Reeves is planning to remove the two-child benefit cap in full in the November budget, in a move that could cost more than £3bn but lift 350,000 children out of poverty.The chancellor is understood to be preparing to reverse the Conservative measure entirely, having originally looked at ways to taper it either for very large families or riche
  
  Read more

• Martin Lewis urges 'give O2 a bloody nose' with Sky, Giffgaff or Tesco

  10-11-2025 18:06 via express.co.uk
  Money expert Martin Lewis is urging O2 customers to teach the network a lesson for increasing its mid-contract price rise.
  
  Read more

• Payslip red flags to watch out for as HMRC shares 'don't get caught out' alert

  10-11-2025 17:40 via express.co.uk
  Government guidance warns that people need to check their payslips
  
  Read more

• Popular UK retailer with over 500 brands goes into administration

  10-11-2025 16:18 via express.co.uk
  SilkFred has fallen into administration.
  
  Read more

• Advertisement

• Coffee, crochet kits and … mashed potato: the best UK Advent calendars for 2025 – tested

  10-11-2025 16:00 via theguardian.com
  Whether you want boozy treats, foodie indulgence or crafty delights, we opened the doors of 26 Advent calendars to see which are worth the countdown• The best beauty advent calendarsThe countdown to Christmas is approaching rapidly, and that means one thing: Advent calendars. Whether it’s for an excitable four-year-old or a beer-loving adult, there’s an Advent calendar for pretty much everyone.But how do you know what’s worth splashing out on, and what’s not worth th
  
  Read more

• Black Friday shoppers plan to spend £240 this Christmas - but not how you'd expect

  10-11-2025 14:44 via express.co.uk
  As Black Friday approaches, shoppers are not just hunting for gifts but indulging in a little self-love by treating themselves.
  
  Read more

• New Santander £200 free cash 'from today' but it could be withdrawn at any time

  10-11-2025 14:33 via express.co.uk
  The bank is also offering a 12-month Kids Pass membership, worth £39.99
  
  Read more

• ‘UK’s most hated tax’ could be increased again this month as experts issue warning

  10-11-2025 13:39 via express.co.uk
  Inheritance Tax has been dubbed the UK's most despised, but further changes could make it even more hated, experts have warned.
  
  Read more

• HMRC ‘hefty tax charge’ warning before Budget

  10-11-2025 13:33 via express.co.uk
  Financial experts are warning you could be landed with a 'hefty tax charge' if you make the wrong move in advance of Budget fears.
  
  Read more

• British Gas makes major energy announcement impacting thousands of UK households

  10-11-2025 13:10 via express.co.uk
  Any funds in the accounts of current and former domestic customers of the supplier would be protected, where they are in credit.
  
  Read more

• Charging an electric car at home: what kit do you need and what is the cost?

  10-11-2025 13:00 via theguardian.com
  Installing a dedicated charger is good option – so too is switching to an EV tariff and charging at night or smartlyCould leasing a used electric car help you afford one?When you buy an electric vehicle you need to think about how you will charge it at home. The two main things you will need are a charger and a smart meter. Continue reading...
  
  Read more

• Metro Bank’s credit file markers are adding to the pain of our son’s death

  10-11-2025 08:00 via theguardian.com
  Bank refuses to remove late payment markers after we were twice late repaying our mortgage in last months of his lifeOur 19-year-old son died in July after a long illness. The last years of his life were very difficult as we tried to support him while keeping life as normal as possible for our other children.Amid the stress, we were late with two repayments on our mortgage with Metro Bank in February and March. Since April we have been fully up to date. Continue reading...
  
  Read more

• Home Office data in HMRC benefit fraud trial wrong in 46% of cases

  09-11-2025 13:00 via theguardian.com
  Exclusive: Almost half of families flagged as emigrants based on Home Office travel data were still living in UKHome Office travel records used in a trial of a controversial anti-fraud crackdown under which thousands of parents lost their child benefit were so flawed that almost half of the families initially flagged as having emigrated were still living in the UK, it has emerged.The benefit is not payable if the claimant is abroad for more than eight weeks unless there are exceptional circumsta
  
  Read more

• AI-powered nimbyism could grind UK planning system to a halt, experts warn

  09-11-2025 11:00 via theguardian.com
  Tools that help people scan applications and find grounds for objection have potential to hit government’s housebuilding plansThe government’s plan to use artificial intelligence to accelerate planning for new homes may be about to hit an unexpected roadblock: AI-powered nimbyism.A new service called Objector is offering “policy-backed objections in minutes” to people who are upset about planning applications near their homes. Continue reading...
  
  Read more

• ‘Black Fraud Day’: shoppers warned over Black Friday scams

  09-11-2025 08:00 via theguardian.com
  Experts say to avoid unrealistic prices or requests for bank transfers, as AI makes it hard to tell real from fake sitesBlack Friday is coming up and you are looking forward to saving some money on Christmas presents. There are lots of offers coming into your inbox so it is difficult to sift through them all but then you see a great bargain from your favourite clothes shop.You follow the link from the email in the hope of bagging one of the few remaining jumpers you have had your eye on. The web
  
  Read more

• Martin Lewis' fully legal method to pass on £1m with no Inheritance Tax

  08-11-2025 23:15 via express.co.uk
  Money expert Martin Lewis says there's a way you can legally avoid Inheritance Tax by boosting your threshold by an extra £675,000.
  
  Read more

• UK workers guaranteed to lose £14,831 to income tax rise ‘by the back door’

  08-11-2025 22:35 via express.co.uk
  Workers are losing a confirmed £14,831 to stealth income tax rises - and it could get even worse.
  
  Read more

• ‘Environmental catastrophe’ fears as millions of plastic beads wash up on Camber Sands

  08-11-2025 21:22 via theguardian.com
  MP asks for explanation from Southern Water amid concerns the spill could have dire impact on rare sea lifeSouthern Water is investigating after millions of contaminated plastic beads washed up on Camber Sands beach, risking an “environmental catastrophe”.The biobeads could have a dire impact on marine life, the local MP has said, with fears rare sea life, including seabirds, porpoises and seals, could ingest them and die. Continue reading...
  
  Read more

• ‘Two up two down’ tax for state pensioners on table this November

  08-11-2025 19:45 via express.co.uk
  Labour could hit state pensioners with a tax increase which hits state pensioners, according to financial experts.
  
  Read more

• Revealed: The billion-pound PPE contractor with a Tory MP on site

  08-11-2025 18:40 via theguardian.com
  Special report: Uniserve was paid £1.4bn for Covid contracts that included supply of £178.5m in never-used equipmentWhen Mrs Justice Cockerill handed down her judgment in the high court against PPE Medpro, the company linked to the Conservative peer Michelle Mone, for supplying unsafe personal protective equipment during the pandemic, her findings were a landmark in a five-year saga that cast the opaque world of government deal making into stark light.PPE Medpro was ordered to refund
  
  Read more

• Tax-free Personal Allowance raised to £13,830 for ‘backdating’ households

  08-11-2025 18:10 via express.co.uk
  Some households can use a 'backdating' method to get a much improved £13,830 Personal Allowance tax-free.
  
  Read more

• DHS head reportedly authorized purchase of 10 engineless Spirit Airlines planes that airline didn’t own

  08-11-2025 17:47 via theguardian.com
  Wall Street Journal reports Kristi Noem arranged purchase to expand deportation flights and for personal travelThe secretary of the US Department of Homeland Security (DHS), Kristi Noem, reportedly authorized the purchase of Spirit Airlines jets before discovering the airline didn’t actually own the planes – and that the aircraft lacked engines.The bizarre anecdote was contained in a Wall Street Journal report released on Friday, which recounted how Noem and Corey Lewandowski –
  
  Read more

• Rachel Reeves' budget tax raid feared to cost 9 million pensioners £380 a year

  08-11-2025 17:13 via express.co.uk
  The move is predicted to raise more than £6billion a year.
  
  Read more

• Near Ohio air force base, food pantries and businesses grapple with effects of shutdown

  08-11-2025 16:00 via theguardian.com
  As tens of thousands of military personnel work without pay and others are furloughed, a local pantry sees its numbers increasing as restaurants are losing customersWhen Jane Doorley and her husband Bill arrived at the Fairborn Fish Food Pantry they help run on 28 October, they couldn’t get into the parking lot, such was the number of cars belonging to people seeking food.“Our numbers are way up. Last Friday was really bad too,” says Jane. “Around 250 families, including
  
  Read more

• HMRC urges people earning under £100,000 to ‘sign up’ for £2,000

  08-11-2025 15:53 via express.co.uk
  Eligible households can get up to £500 every three months from HMRC.
  
  Read more

• Number of top-rate taxpayers hits record 1 million due to frozen bands

  08-11-2025 15:38 via express.co.uk
  The 45% top rate of tax was introduced by the Tories in 2013 with a threshold of £150,000
  
  Read more

Follow @financialnwsUK on Twitter!