UK money news stories - 06 November 2024

Donald Trump US election win could mean 'higher petrol and energy prices' in UK

Economists warn that the “victory” of the new American president could have far wider financial implications on people living outside of the USA.

Santander switch offer: get £150 + £20 & more

The high street bank has introduced its third switching offer of the year. It’s the lowest bonus it’s offered since last year but you can give it a £20 boost by applying via a cashback site. But how does it compare to other switching offers and current accounts?

Stamp duty change expected to spark homebuying rush

With all the Budget madness, many people didn’t realise the absence of something important in Rachel Reeves’ speech - the question of what will happen with Stamp Duty next year. Well, it’s changing from March 2025 and it’ll make buying a home much more expensive which means many may rush to buy before then.

Amex revamps £400 dining credit

The American Express Platinum card offers a whole load of perks including money to spend at restaurants, airport lounge access and credit at Harvey Nicholls - for an eye-watering £650 annual fee. But with new changes being introduced from January, could the charge be worth it?

British Gas to hand out up to £2,000 free cash to customers this winter - how to apply

The British Gas Energy Support Fund opened this week, providing grants of up to £2,000 for people struggling this winter. Customers and non-customers can apply for grants and get advice from the British Gas Energy Trust.

Zopa launches beta current account with 7.5% regular saver 

The online bank is trialling a current account that offers 2% cashback and 2% interest plus access to a competitive regular saver. We’re working on a full review, but here are editor-in-chief Andy's initial thoughts.

Misleading 'Complete Savings' ads BANNED after MSE complaint – check your statements NOW to ensure you're not unknowingly paying out 

The ‘cashback with a catch’ provider, which often pops up on popular sites like Argos and Trainline, must not show their advert again after being banned by the regulator for being misleading. Make sure to check your bank statement and challenge any payments you weren’t aware you’d have to pay.