FPO on a bank statement means Faster Payment Outwards. It shows that money has been sent electronically from a UK bank account to another person, business or organisation through the Faster Payments system. This is usually a normal outgoing payment…
Nationwide Building Society’s latest ISA offer has gained significant attention because some UK savers could earn around £860 in tax-free interest within one year, depending on how much they deposit. The updated ISA range includes fixed-rate cash ISAs paying up…
If your flight is cancelled, Martin Lewis flight cancellation advice makes it clear that you are entitled to either a refund or a replacement flight, and you could also claim up to £520 in compensation if the airline is at…
If you’re wondering whether you have HMRC unclaimed child trust funds, the answer is simple: you might already have money waiting, and you can claim it for free through official UK government services. Hundreds of thousands of young people in…
HMRC is increasing large company tax probes in 2025 because it believes more unpaid VAT is being missed by large and medium-sized businesses. HMRC opened nearly 12,000 VAT investigations last year, up by almost one-third, as it tries to close…
UK households have been given a fresh warning after the latest Martin Lewis energy bills update suggested that some fixed tariffs are now cheaper than the current Ofgem price cap. While bills fell in April, experts expect the July price…
If you took out car finance between 2007 and 2024, you could be entitled to compensation under the FCA car finance compensation scheme. The Financial Conduct Authority has confirmed that millions of motorists may have been charged too much because…
The former mineworkers UK pension boost means eligible members are now receiving an average £100 weekly increase and a £5,500 lump sum, following a major government decision to return billions from pension reserves. This change directly improves retirement income for…
The universal credit 420 boost is not a one-off payment but a government change that helps you keep more of your monthly benefits by reducing how much is deducted for debt repayments. From 30 April 2025, the deduction cap dropped…
If you are wondering whether the new State Pension is unfair to existing pensioners, the answer is yes in many cases. The reform introduced in April 2016 created a “two-tier” system. Those reaching State Pension age after 6 April 2016…
