UK money news stories - 12 March 2025

Nationwide pays out £50 bonus to 12 million members: will you get it?

The high street building society is handing out over £600m in total as a ‘big thank you’ to customers following the buyout of Virgin Money. But how do you get the cash and when will it be paid? 

Royal Mail: First-class stamp price hike to £1.70 in April

 Following a 22% price increase to First-class stamps back in October, Royal Mail is pushing up prices again. You’ve still got time to beat the hike though - and here’s how. 

Spend more of your pension financial advisers tell majority of retirees ahead of inheritance tax changes 

More than two thirds of financial advisers are recommending clients increase their pension withdrawals ahead of the changes to inheritance tax. From 2027 pensions will be subject to inheritance tax so you may have to pay tax on them when you die, and advisors are in fierce planning mode. 

NatWest launches new £150 switching offer

NatWest is back with a new switching offer. From today you can get £150 by switching your current account plus the opportunity to get around £34 via linked rewards and access to a 6.17% savings rate. 

‘You get sucked in’: crypto scam victims on how they lost up to £162,000

Hear the frightening stories of several people who were tricked by cryptocurrency scams leading to life-changing losses. The article includes a recording of a call between one of the crypto criminals and one of their victims, Derek, as he tries to withdraw his money. Scary.

Worst railway stations named and shamed for first time 

Train cancellation and delay data will be published every 28 days at more than 1,700 stations in England. And right now, you can see the worst 10 performing train stations in Britain.