NS&I’s Green Savings Bonds have increased their interest rate to 3.82% AER, appealing to savers seeking secure investments.
Category: Finance
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.
Octopus Go Price Increases Amid Global Energy Instability
Octopus Energy is raising its rates due to global energy market instability. The off-peak rate for Intelligent Octopus Go will increase significantly.
Insurance: 86-Year-Old Woman Convicted Over Misunderstanding
An 86-year-old woman was convicted for driving an uninsured vehicle due to a typo in her insurance records. This incident raises concerns about the insurance verification process.
UK Recession: A Quarter of a Million Jobs at Risk
The UK economy faces significant challenges, with predictions of rising unemployment and flat growth. A quarter of a million jobs could be lost by mid-2027.
HMRC Wants Tax Money Back: Urgent Repayment Demands Issued
HMRC is demanding repayment of tax refunds issued years ago. Taxpayers are urged to respond quickly to avoid penalties.