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Santander boosts interest rates and streamlines accounts amid Consumer Duty rules
Santander is raising its interest rates and giving savers more flexibility over how they manage their accounts. We explain what’s changing, and why
By Ruth Emery Published
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Rightmove: asking prices fall by £905 in July
Rising mortgage costs and fewer available homes are driving asking prices downwards, says Rightmove
By Tom Higgins Published
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Coventry Building Society launches new best easy access savings account
Coventry Building Society's deal tops our easy access savings account list, but could your cash be put to better use?
By Tom Higgins Published
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BoE: Mortgage payments to rise by £220 a month for households
Millions of households can expect a mortgage spike of around £200 a month - and some may even reach a extra £1,000 a month, the Bank of England warns
By Marc Shoffman Published
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House prices fall as buyers back away from the market - RICS
House prices fall while buyer demand is expected to remain subdued as two-year mortgage fixes hit 6.66%
By Rupert Hargreaves Published
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NS&I boosts fixed-term savings rates
The NS&I, the government-backed savings institution has mirrored recent rate rises seen elsewhere in the market.
By Tom Higgins Published
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Small pension pots to be consolidated, says DWP
Workplace pension schemes worth less than £1,000 that become “deferred” when a saver changes jobs will be consolidated under a new system
By Ruth Emery Published
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UK wage growth hits a record high
Stubborn inflation fuels wage growth, hitting a 20-year record high. But unemployment jumps
By Vaishali Varu Published
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State pension errors: underpayments could be worth thousands
News Many older women could be missing out on their full state pension, and now HMRC plans to contact some of them directly. We explain how you can check if you’re missing out and how to claim.
By Nicole García Mérida Last updated
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Mortgage help from today: lenders pledge more help as rates soar
Banks and building societies have agreed to offer more flexibility to homeowners struggling with rising mortgage rates. We explain what mortgage help that’s been announced
By Ruth Emery Last updated
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House prices fall at fastest rate since 2011 - Halifax
High mortgage rates are having a knock-on impact on house prices despite signs of resilience
By Tom Higgins Published
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FCA tells banks to speed up savings rate increases
Record profits and low savings rates spurred the FCA to meet with some of the UK’s top banks.
By Tom Higgins Published
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Six shared banking hubs open as more branches close - where to find them
News Six banking hubs are now up and running, and aim to plug the gaps left by branch closures. We explain who can use them and if there’s one near you.
By Ruth Emery Last updated
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Watchdog summons banks to explain paltry savings rates
Savings rates trail mortgage rates - and the financial watchdog has summoned banks to a meeting amid concerns of profiteering.
By Katie Binns Last updated
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NS&I hikes Premium Bond prize rate again to hit the highest level in 15 years
NS&I has increased the prize rate on its Premium Bonds again. We look at what it means for prizes from August
By Nicole García Mérida Published
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July's NS&I Premium Bond prize draw - are you a winner?
Two lucky NS&I Premium Bond winners are now millionaires. Find out here you are one of them.
By Tom Higgins Published
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Energy meter reading: submit your reading to avoid getting overcharged
Households are encouraged to take an energy meter reading after the price cap change on Saturday to draw a line under usage at the higher rate.
By Katie Binns Last updated
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Energy bill to drop 17% this weekend as new price cap kicks in
News Typical households on default energy tariffs will see their energy bills drop by £426 a year following today's energy price cap drop.
By John Fitzsimons Last updated
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Nationwide: House prices continue to slide as mortgage rates rise
House prices continue to fall amid rising mortgage rates, Nationwide’s latest house price index reveals.
By Vaishali Varu Published
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Inheritance tax receipts hit £1.2bn
News More people are being hit by inheritance tax amid rising property prices - and 16m are unaware of whether or not their families could be left to pay a bill when they die.
By Katie Binns Last updated
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Zoopla: Property asking prices fall 5% amid rising mortgage rates
Asking prices are on a downward trajectory, with sellers shaving over 5% off to achieve a sale, Zoopla finds
By Katie Binns Published
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British Gas to offer half-price electricity on Sundays to 200,000 customers
British Gas offering certain smart meter users a 50% discount on their electricity on Sundays this summer. We explain everything you need to know
By Ruth Emery Published
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Retiring abroad: three-quarters of Brits dream of moving out of the UK
The cost of living crisis is pushing many people to consider retiring abroad, as they seek a better quality of life and lower costs. We look at what you need to consider, including tax and pensions
By Ruth Emery Published
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UK launches universal basic income trial
A trial of universal basic income will give a lucky few £1,600 every month. But how will the trial work?
By Simon Wilson Published
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Bank of England hikes interest rates to 5%
The Bank has raised rates for the 13th time in a row, as it continues its battle with inflation
By Ruth Emery Published
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UK inflation remains at 8.7% ‒ what it means for your money
Inflation was unmoved at 8.7% in the 12 months to May. What does this ‘sticky’ rate of inflation mean for your money?
By John Fitzsimons Published
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Premium Bond prize fund rate jumps to highest in 15 years
NS&I is hiking Premium Bond prize rates alongside rates on junior ISAs - but are the rates any good as competition on savings heat up?
By Ruth Emery Published
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Property market flatlines as average mortgage rate rises to 6%
Two-year mortgage rates have risen to above 6% for the first time since September.
By Nicole García Mérida Published
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UK economy returns to growth but rate hike worries remain
Strong consumer spending could drive the Bank of England to increase interest rates yet again
By Tom Higgins Published