Thousands of civil servants are in financial distress due to Capita’s failure to process pension payments, sparking criticism from MPs.
Category: Finance
Financial crisis: Thousands of UK Firms Face Collapse Amid
A financial crisis is gripping the UK economy, threatening thousands of businesses due to rising tax burdens and global tensions.
Bank: Samantha and Andrew Bowden set to revitalize Millom’s former NatWest
Samantha and Andrew Bowden are set to rejuvenate Millom’s former NatWest Bank, now rebranded as The Old Bank. This comes as euro area banks report tightening credit standards.
Making tax digital: Sole Trader Faces Compliance Despite Low Income
A sole trader must comply with Making Tax Digital despite earning below the income threshold, showcasing the challenges of tax compliance.
NS&I Bond Rate Increase: Green Savings Bonds Now Offer 3.82% AER
NS&I’s Green Savings Bonds have increased their interest rate to 3.82% AER, appealing to savers seeking secure investments.
Premium bonds: NS&I Relaunches Green Savings Bonds Amid Higher Rates for
NS&I has relaunched its Green Savings Bonds with a new interest rate. However, this offering may not be competitive against higher rates from other banks.
Lloyds HSBC NatWest Rule Changes
New regulations require Lloyds, HSBC, and NatWest to provide 90 days’ notice before closing accounts. This significantly increases customer protection.
HMRC Property Valuation Scrutiny Intensifies Amid Rising Inheritance Tax Receipts
HMRC’s intensified scrutiny of property valuations is linked to rising inheritance tax receipts and advanced technology for detecting discrepancies.
Hmrc unclaimed child trust funds: HMRC’s Campaign to Recover £1.5 Billion in Unclaimed Child Trust Funds
HMRC is launching a campaign to reconnect young people with unclaimed Child Trust Funds totaling £1.5 billion. Many are unaware of their savings accounts.
Southern Co-op Insolvency Risk: Urgent Merger Needed
Southern Co-op faces imminent insolvency without a merger, risking 300 stores and thousands of jobs. Members will vote on the merger soon.