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3 days ago | 
cambridge-news.co.uk | Ashlea Hickin |Christian Abbott
HSBC account holders have received an urgent notification concerning withdrawal caps. The alert follows confusion after a mystified patron contacted This is Money querying: "Why wouldn't HSBC let me withdraw more than £1,000 in cash?" They said: "I wanted to take out £5,000 in cash from my HSBC bank account. HSBC says it has no limit on the amount of cash you can withdraw over the counter. But it seems HSBC Watford does not allow customers to withdraw any amount they request.
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1 week ago | 
cambridge-news.co.uk | Ashlea Hickin |Christian Abbott
UK households have been cautioned about storing semi-skimmed milk in their fridge doors. Semi-skimmed milk, which contains a mere 2% fat content, is the most commonly purchased milk in the UK. However, according to an expert, you might be storing your milk incorrectly if it's in the fridge door. ITV presenter and cleaning guru Lynsey Crombie revealed on This Morning that the fridge door is the worst place to store your milk.
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1 week ago | 
coventrytelegraph.net | Jayne Thomson |Christian Abbott
MoneySavingExpert.com founder Martin Lewis has called on UK savers to switch to the "top variable rate" Cash ISAs and capitalise on their savings. With the start of the new tax year, now's the time to get your finances in gear, particularly if you've been relying on the same ISA accounts for long stretches.
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1 week ago | 
cambridge-news.co.uk | Ashlea Hickin |Christian Abbott
Lloyds Bank has reached out to customers who might have been impacted by the recent stock market fluctuations, advising them in a customer message: "The answer is simple - don't panic." The bank's email reassured customers: "Your Ready-Made Investments account is diverse by nature, and diversification is your best defence in times like these." The bank acknowledged the unsettling nature of the current market volatility, stating: "We understand that the recent market volatility may be...
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1 week ago | 
cambridge-news.co.uk | Ashlea Hickin |Christian Abbott
In an effort to bolster economic growth and make the UK a more business-friendly destination, the Labour Party government has announced a reduction in prices for 89 everyday items, ranging from spices and juices to pasta. This initiative forms part of a broader commitment to free trade and addressing the needs of businesses. There will be a temporary suspension of the UK Global Tariff on these products, reports Birmingham Live.
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1 week ago | 
cambridge-news.co.uk | Mel King |Christian Abbott
Martin Lewis has highlighted the advantageous aspect of work pensions for Brits, noting that contributions can effectively "double" one's money as they are not taxed upon contribution. This system rewards higher earnings with more significant pension contributions. Particularly for those in the higher-rate tax bracket, the benefits are pronounced; a £100 investment may only cost £60 after tax savings.
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1 week ago | 
cambridge-news.co.uk | Ashlea Hickin |Christian Abbott
Barclays has started to pay out to customers after suffering from a major system failure. Customers who are entitled to receive compensation will notice a distinctive entry in their mobile app transaction list, labelled "Barclays UK Refu" alongside the amount paid out. Some may be surprised when they find extra money in their accounts since notification letters may lag behind the actual payments.
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3 weeks ago | 
cambridge-news.co.uk | Ashlea Hickin |Christian Abbott
Martin Lewis has sounded the alarm for UK residents to check their state pensions before Saturday, offering them a chance to supercharge their savings by potentially tens of thousands of pounds. As individuals hustle to square away their finances before the new tax year commences on April 6, the money-saving expert has highlighted that perusing their state pension should top their list as "the most lucrative thing" they could do.
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1 month ago | 
cambridge-news.co.uk | Cait Findlay |Christian Abbott
A warning has been issued to all debit card users. Finance expert have raised a red flag for those who use their debit cards for daily transactions, suggesting there might be a better way to manage finances. Steve Saxton, a mortgage lender by profession, took to TikTok to warn: "If there's anything that ever happens – any kind of fraud or someone gets hold of your information – your current account is at risk." He clarified: "To be clear – if you use a credit card, that is not your money.
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1 month ago | 
cambridge-news.co.uk | Ashlea Hickin |Christian Abbott
Martin Lewis has highlighted two ISAs that he believes could offer the most significant savings, as he encourages savers to abandon their loyalty to their banks. March is typically a busy period for Cash ISA activity, with individuals keen to maximise their tax-free allowance before the new tax year commences in April.
