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UK Tax Receipts Hit a Record £938.8 Billion — Where Does It All Go?
Money & Inflation Aug 05, 2026

UK Tax Receipts Hit a Record £938.8 Billion — Where Does It All Go?

HMRC collected £938.8 billion in tax and National Insurance during the 2025/26 tax year, a rise of 9.3% on the previous year and the highest figure on record. It's a huge number that's easy to skim...

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State Pension Age Starts Rising to 67 — How to Check If You're Affected
Work & Income Aug 05, 2026

State Pension Age Starts Rising to 67 — How to Check If You're Affected

The State Pension age is beginning its long-legislated move from 66 to 67, with the increase phasing in gradually across 2026, 2027, and 2028 rather than happening on a single fixed date for...

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Government Consults on Monthly Tax Bills for the Self-Employed — What It Could Mean for You
Work & Income Aug 05, 2026

Government Consults on Monthly Tax Bills for the Self-Employed — What It Could Mean for You

The government has been consulting on a proposal that would shift millions of self-employed workers, freelancers, and landlords away from the current twice-a-year Self Assessment payment structure...

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Two New Premium Bonds Millionaires This Month — Here's How to Check If You've Won
Saving & Budgeting Aug 05, 2026

Two New Premium Bonds Millionaires This Month — Here's How to Check If You've Won

NS&I's August 2026 Premium Bonds prize draw has produced two new £1 million jackpot winners, plus a string of smaller but still life-changing prizes — and if you hold Premium Bonds, it's worth two...

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What Is cVRP? The New Open Banking Payment Method Set to Replace Direct Debit for Some Bills
Tech & Open Banking Aug 05, 2026

What Is cVRP? The New Open Banking Payment Method Set to Replace Direct Debit for Some Bills

UK open banking hit another record in June 2026, with the ecosystem recording 2.81 billion API calls, up 4.4% month on month and the highest monthly volume to date. Behind that headline number sits a...

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HMRC Update: Fix a Rejected Information Return by 1 September to Keep Your Original Submission Date
Work & Income Aug 05, 2026

HMRC Update: Fix a Rejected Information Return by 1 September to Keep Your Original Submission Date

If your company has had an information return rejected by HMRC recently due to a validation error, there's a practical deadline worth knowing about: fix and resubmit it by 1 September 2026, and HMRC...

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Mortgage Rates Are Rising Again in August — Here's Why the June Dip Didn't Last
Housing & Mortgages Aug 05, 2026

Mortgage Rates Are Rising Again in August — Here's Why the June Dip Didn't Last

If you've been waiting for mortgage rates to keep falling before locking in a new deal, the last two months have been a frustrating ride. Rates fell sharply during June 2026, giving hope that the...

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Why First-Time Buyers Are Paying More Stamp Duty Than Ever — and How to Work Out Your Bill
Housing & Mortgages Aug 05, 2026

Why First-Time Buyers Are Paying More Stamp Duty Than Ever — and How to Work Out Your Bill

Stamp duty was designed, in part, to make it easier for first-time buyers to get on the property ladder by offering relief on the tax due on their first purchase. But rising house prices combined...

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FCA Overhauls Transaction Reporting Rules: What Changes for Investors and Firms
Investing & Markets Aug 05, 2026

FCA Overhauls Transaction Reporting Rules: What Changes for Investors and Firms

The Financial Conduct Authority published a policy statement on 3 August 2026 setting out a significant overhaul of the UK's transaction reporting regime under UK MiFIR (the retained version of the...

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