Topic
uk-finance
7 stories related to this topic, newest first.
theweek.combusiness33 days ago
NS&I to Contact Families Owed £367 Million in Bereavement Claims
National Savings and Investments will begin contacting thousands of families next week to repay £367 million in withheld savings. The state-backed bank revised its earlier estimate and said payments will be adjusted for interest or the Bank of England base rate plus one percent.
GB Newsworld48 days ago
British Families Increase Pension Withdrawals Ahead of 2027 Inheritance Tax Reforms
Wealthy families in Britain are increasingly withdrawing pension savings to transfer to adult children amid upcoming inheritance tax reforms. Financial advisers note a surge in requests driven by the changes set for April 2027, which will subject unused pensions to inheritance ta…
bbc.co.ukfinance54 days ago
Nationwide Building Society Announces Partnership with PayPoint for Expanded Cash Deposits
Nationwide Building Society has partnered with PayPoint to allow cash deposits at over 3,000 locations across the UK. Members can deposit up to £300 daily, with funds available within minutes. The move enhances access through extended hours at many sites.
Financial Timesworld54 days ago
Barclays Q1 Profit Rises After £228m Hit; UK Officials Testify in Mandelson Inquiry
Barclays announced a 3% increase in first-quarter pre-tax profit to £2.8bn despite a £228m impairment from the collapse of UK mortgage lender MFS, with executives warning of rising fraud risks. Separately, former Foreign Office chief Sir Philip Barton testified before MPs on the…
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finance.yahoo.comfinance58 days ago
Bond Yields Climb in Major Markets with Largest Weekly Gains in a Month
Yields on government bonds rose across major markets this week. Two-year bonds in the U.S., Germany, and the UK saw the biggest weekly increases in a month. The changes reflect recent movements in fixed-income securities.
Bloombergworld59 days ago
UK Development Finance Institution Establishes £1.1 Billion Fund for Energy Transition in India and Southeast Asia
The UK's development finance institution has created a £1.1 billion fund aimed at supporting energy transition sectors. The fund targets projects in India and Southeast Asia. This initiative focuses on backing efforts to shift toward sustainable energy sources.
Substrate placeholder — needs reviewfinance52 days ago
Coinbase Expands Crypto-Backed USDC Loans to U.K. Users with Bitcoin and Ethereum Collateral
Coinbase launched a lending service for U.K. customers on Monday, allowing them to borrow USDC stablecoins using Bitcoin or Ethereum as collateral. Borrowing limits reach up to $5 million for Bitcoin and $1 million for Ethereum. The expansion builds on Coinbase's prior U.S. launc…