Plummeting Treasury bond fund could cost every UK household £8,900
The Treasury bond fund has cumulated a staggering loss of £251billion, which would come at a price for the taxpayer if cashed out. Daily Express :: Finance Feed More...
Rishi handed energy lifeline to slash £9bn off bills while plugging Treasury black hole
Experts noted that reducing energy use would slash bills for Britons, while also boosting public finances. Daily Express :: News Feed More...
Get up to 7.21% on your savings backed by HM Treasury – ‘Bonds are back’
An exciting new opportunity is opening up in an asset class that savers have overlooked for years. Daily Express :: Finance Feed More...
‘Nothing in the bank’- Treasury withheld financial support during cost of living crisis
THE TREASURY has withheld financial support during the cost of living crisis in the belief that households will be able to use their savings to weather the storm, a news report claimed. Daily Express :: News Feed More...
NS&I to offer new savings bond, HM Treasury says – Rishi Sunak calls move ‘world first’
NS&I, the Treasury-backed savings organisation which offers Premium Bonds and other savings products, will offer a new green savings bond, HM Treasury announced on Saturday night. Daily Express :: Finance More...
HM Treasury warned of ‘national scandal’ as FSCS forecasts skyrocket – impacts explored
PENSION assets, bank accounts and other financial assets can be somewhat protected by the Financial Services Compensation Scheme . This body can pay compensation to customers of authorised financial firms who fail More...
Pension: Tax relief action ‘must be taken’ as HM Treasury consultation ends – full details
PENSION tax relief rules may alter in the coming months as the government officially closes a consultation on how schemes manage their tax affairs. HM Treasury will now analyse the feedback on this and a number More...
Pension WARNING: Treasury Select Committee calls for ROBIN HOOD approach to savings
A CROSS-PARTY group of MPs has told Chancellor Philip Hammond to reduce tax relief for pension contributions used primarily by the rich and make savings incentives more attractive for poorer people. Daily Express More...
Wine and spirit duty freeze brings windfall for Treasury
A FREEZE on alcohol duty at last November’s Budget has given the Treasury a £67 million boost in just four months. Daily Express :: Finance Feed More...
Take your mortgage to the grave: New ‘Pensioner Mortgages’ to receive Treasury backing
THE Treasury is set to give its backing to a new wave of retirement mortgages to benefit older homeowners after it said there is “considerable merit” in helping the elderly keep their homes. Daily Express :: More...