UK money news stories - 12 February 2025

Boost for UK borrowers as Santander ‘fires starting gun’ on mortgage price war

Santander’s the first provider to introduce sub 4% mortgages, bringing some welcome relief to homeowners worried about remortgaging and first time buyers. But could we see more lenders follow suit?

Interest rate cut to 4.5%: what does it mean for you?

Last week the Bank of England cut the base rate to 4.5%. Here's what it means for your savings and mortgage and whether we can expect any further cuts this year. 

Netflix hikes prices AGAIN

If you're a Netflix customer you could pay as much as £24 extra a year thanks to its latest price rise. Here's everything you need to know and how much more it’ll cost you.

Nationwide warns Reeves against cutting tax breaks on cash Isas

In the last few days, we’ve found out Rachel Reeves is being lobbied by City firms to scale back or ditch the tax breaks on cash ISAs in favour of putting more focus on riskier investments. However, Britain’s biggest building society has argued this could limit mortgages offered to first time buyers.

Go on holiday at Easter instead of summer to save thousands, families told

A major travel agent has said taking an Easter trip instead of during the summer would not only save families cash, but it’d also result in lower demand and prices during the peak summer period too. Plus, there are two bank holidays during Easter so you’ll use up less annual leave.