July 2020

The financial regulator has confirmed further measures to support borrowers struggling to make payments on car finance deals, buy-now-pay-later agreements and other credit products due to the coronavirus pandemic, with many able to get another three-month payment holiday if needed.

Most homebuyers in Scotland and Wales soon won't pay transaction tax on the first £250,000 of a property's purchase price, under temporary measures announced by the devolved administrations in the wake of the stamp duty cut in England and Northern Ireland last week.

BT is to move 1.3 million home phone customers on to its 'Unlimited Minutes' call plan in September, meaning they'll be able to make unlimited landline and mobile calls at any time but will have to pay up to £54/year more. 

Changes to travel rules that will come in next year as a result of Brexit are being highlighted by a new Government ad campaign – with travellers warned there are major implications for passports, driving documents, taking pets abroad and more. 

The competition watchdog has written to 100 of the most complained-about package holiday providers, warning they could face enforcement action if they don't start complying with consumer law. 

The BBC will go ahead with its plan to end free TV licences for many over-75s, after a delay because of the coronavirus pandemic.

Tesco Bank customers will no longer earn interest on their current accounts from September.

Business banking fintech firm Tide has stopped offering bounce back loans and has closed its waiting list to new borrowers after failing to secure funding to support its lending.

The Chancellor Rishi Sunak is set to make a major economic statement today - with big news on stamp duty, tax changes and more likely.

Homebuyers won't pay stamp duty on the first £500,000 of a property's purchase price, in a temporary measure announced by the Chancellor today.