At least one in five Brits have a forgotten bank account, some with as much as £100 in, while nearly half have unspent gift cards and loyalty points, averaging £17 each. NatWest, which spoke to 2,000 adults, also found an average of £26.25 in foreign currency was lying in drawers …
Read More »Zelle ends cash transfer services on standalone app
Bank of America Chairman and CEO Brian Moynihan talks anticipating policy and regulation changes, the economic future in 2025, bank growth, rate trajectory and investment into artificial intelligence. Zelle network ended cash transfer services on its standalone application Tuesday, redirecting users to the over 2,200 banks and credit unions already …
Read More »UK households handed new DWP Cost of Living payments | Personal Finance | Finance
Several UK households will soon start receiving the new Cost of Living payment, as the Department for Works and Pensions (DWP) released the latest guidance. Vulnerable people are entitled to receive some amount under the Household Support Fund, which was introduced by the Government on April 1. The funding covers …
Read More »GM to increase truck production, adds temporary roles in US
Rick Case Automotive President and CEO Rita Case breaks down how tariffs on the auto industry will affect Americans on ‘The Claman Countdown.’ General Motors is planning to boost production of light-duty trucks in the U.S. as the industry addresses challenges tied to President Donald Trump’s latest round of auto …
Read More »Universal Credit April change means some claimants pocket extra £1,200 | Personal Finance | Finance
More Universal Credit claimants can get a significant perk as changes to a savings scheme means far more will be able to benefit. From April 6, the Help to Save initiative is broadening its embrace to all UC recipients engaged in work – not just those earning over a certain …
Read More »France asks for cooperation instead of confrontation after Trump’s 10% tariff
FOX Business host Larry Kudlow examines how President Donald Trump’s tariffs and trade policy could be used for more tax cuts on ‘Kudlow.’ French Foreign Minister Jean-Noël Barrot on Wednesday implored the U.S. to take a “cooperative rather than a confrontational approach” after President Donald Trump issued an executive order …
Read More »UK workers urged to avoid 60% HMRC income tax before Saturday | Personal Finance | Finance
UK workers face losing thousands of pounds to tax thanks to a quirk of the HMRC Income Tax rules unless they take action by this Saturday. As the end of the tax year nears, UK households have just days left to sort out their tax situation and avoid a big …
Read More »Cash transferring giant Zelle shuts down mobile app
Bank of America Chairman and CEO Brian Moynihan talks anticipating policy and regulation changes, the economic future in 2025, bank growth, rate trajectory and investment into artificial intelligence. Payment processing platform Zelle shut down its standalone application Tuesday, redirecting users to banks and credit unions offering its services instead. When …
Read More »State pensioners facing ‘retirement tax’ over rise coming in days | Personal Finance | Finance
Millions of pensioners could be hit with unexpected tax bills as the state pension rises while income tax thresholds remain frozen. From Saturday, the state pension will increase by 4.1%, in line with the government’s triple lock pledge. The system guarantees that the state pension rises each year by the …
Read More »College Basketball Crown kicks off inaugural year in Las Vegas
Not every school’s basketball team makes it to March Madness. But, this year, some of those schools get a chance at a new post-season tournament. Not every school’s basketball team makes it to March Madness, but this year, some schools have a chance to participate in a new postseason tournament …
Read More »