Archive for the 'News' category

Coronavirus Causes One of the Largest Fuel Price Drops Since 2000

March 4, 2020 | Posted under: News

Coronavirus Causes One of the Largest Fuel Price Drops Since 2000 Prices for petrol and diesel fell by 3p and 4p per litre respectively in February February 2020 saw one of the largest dips in fuel prices for 20 years, with both petrol and diesel falling in price. Figures show that the average price of petrol fell from £1.27 per litre to £1.24 per litre, while the cost of a litre of diesel fell from £1.31 to £1.27. The price drops have been placed 19th and 11th in…

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Panic as THOUSANDS risk going unpaid in the wake of the coronavirus

March 4, 2020 | Posted under: News

Panic as THOUSANDS risk going unpaid in the wake of the coronavirus The UK’s largest trade union, Unite the Union, has urged the government to introduce emergency legislation as Prime Minister, Boris Johnson, insists the situation is ‘under review’. People on zero-hour contracts, low-incomes and the self-employed could all be left significantly out of pocket should coronavirus (COVID-19) continue to spread throughout the UK. Those who have recently returned from an infected area,…

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Radical Changes to the DVSA Driving Theory Test to Help People with Disabilities

February 21, 2020 | Posted under: News

Radical Changes to the DVSA Driving Theory Test to Help People with Disabilities The radical changes to the DVSA theory test will make it ‘more accessible’ for those with reading difficulties and other disabilities. The Driving and Vehicle Standards Agency (DVSA) have announced that the written questions on the driving theory test will be replaced by 30-second video clips in a bid to make the qualification easier to attain for those with reading difficulties. The test is currently split…

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NatWest’s Switching Bonus Offers £175 to New and Existing Customers

February 14, 2020 | Posted under: News

NatWest’s Switching Bonus Offers £175 to New and Existing Customers This is one of the best bank switch offers available in 2020 NatWest is offering both new and existing customers a bonus of £175 for switching to a NatWest current account. To qualify for the NatWest switch bonus, customers must use the Current Account Switch Service to close down their existing current account with another bank, easily moving all of its incoming and outgoing payments to a fresh NatWest current…

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Road Tax Set to Increase in April 2020 Thanks to New Testing Method

February 12, 2020 | Posted under: News

Road Tax Set to Increase in April 2020 Thanks to New Testing Method The new ‘WLTP’ method will give a better reflection of real driving conditions The majority of drivers in the UK are legally required to pay Vehicle Excise Duty (also known as car tax or road tax). The amount owed is determined with consideration for various factors such as CO2 emissions, fuel type and engine size, but this rate is now set to rise thanks to a new testing method which has been designed to provide a more…

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N26 Bank Pulls Out of the UK, Closing Down Hundreds-of-Thousands of Accounts

February 11, 2020 | Posted under: News

N26 Bank Pulls Out of the UK, Closing Down Hundreds-of-Thousands of Accounts They say the decision was influenced mainly by Brexit Popular challenger bank, N26, has made a bold decision to stop trading in the UK as a result of the outcome of Brexit. The German bank does not have a British banking licence and it has been successfully operating through what are known as ‘passporting rules’. However, the outcome of Brexit has meant that this will not be possible in the near future. Attaining…

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Car Insurers Report a 600% Increase in Catalytic Converter Thefts

February 6, 2020 | Posted under: News

Car Insurers Report a 600% Increase in Catalytic Converter Thefts One thief was killed whilst risking his life to steal the sought-after component   Hybrid cars are increasing in popularity every year and it isn’t just the environment reaping the benefits – thieves have become savvy to the vehicle’s most valuable (and most important) components, one of which is the catalytic converter. What is a catalytic converter and what does it do? A catalytic converter is a device…

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Children left in the dark and spouses to receive £270k if their partner dies without a will

January 24, 2020 | Posted under: News

Children left in the dark and spouses to receive £270k if their partner dies without a will You may have never thought about writing a will, let alone what would happen if you were to die without one. A new rule that’s being introduced in February 2020 might change that, with the entitlement for a surviving spouse increasing from £250,000 to £270,000 when the deceased person has passed away without a legal last will and testament in place. The spouse or civil partner also…

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Barclays to BAN customers from making cash withdrawals from the Post Office

October 15, 2019 | Posted under: News

Barclays to BAN customers from making cash withdrawals from the Post Office The change comes despite more than 15 MILLION Post Office withdrawals last year From 8th January 2020, Barclays bank customers will no longer be able to withdraw their funds at the Post Office – and people are far from pleased about the upcoming change. The Post Office cash withdrawal limit was previously set at a daily rate of £300 for Barclays customers. To withdraw their money, customers will now have to visit…

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New scheme allows first-time buyers to buy a house WITHOUT a mortgage

August 13, 2019 | Posted under: News

New scheme allows first-time buyers to buy a house WITHOUT a mortgage A new scheme from UK-based startup, Unmortgage, allows first-time buyers to get onto the property ladder by purchasing just 5% of a home and renting the rest. Launched to the public in July 2019, Unmortgage gives people the opportunity to buy between 5% and 20% of a property, which they are then able to live in. Whatever percentage of the house you choose not to buy will be bought by a funding partner. Minimum requirements To qualify…

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