Money: latest news
25 March 2025
Rest Less Money is on Instagram! Check out our account and give us a follow @rest_less_uk_money for all the latest Money News, updated daily.
Beat the April deadline to boost your State Pension!
The deadline for plugging gaps in your National Insurance record going back to 2006 is April 5, after which you’ll only be able to go back six tax years. You can check your National Insurance record online at GOV.UK to see if you have any gaps. If you are below state pension age, then check your state pension forecast or contact the Future Pension Centre. If you are over state pension age, contact The Pension Service. Read our article Is it worth paying to top up your State Pension? to find out more.
Tesco offers Clubcard members free three months Disney+
To celebrate 30 years of offering Clubcard rewards, Tesco is offering selected Clubcard members three months of Disney+ free of charge. It usually costs £4.99 a month. This offer can only be claimed until midnight on Friday 28 March, and you’ll only be able to find out if you qualify for the offer by checking the Tesco app. You’ll need to click on the Clubcard icon in the app and then ‘My Rewards’ to see if you can claim. If the offer is shown, you’ll be given a code to enter into Disney+ so you can get your three free months. You must cancel just before the three months is up if you don’t want to be rolled onto a paying plan with the channel.
Inheritance tax receipts jump to £7.6 billion
The taxman raked in £7.6 billion between April 2024 and February 2025, £0.8 billion more than in the same period last year and a new record high. The threshold at which inheritance tax becomes payable has been frozen at £325,000 since 2009, and this combined with rising house prices, has dragged more people into the inheritance tax net. You can find out more about how inheritance tax works in our guide What is Inheritance Tax? and how you might be able to reduce any potential liability in our article Six ways to reduce inheritance tax bills.
Buy stamps ahead of price rise
The cost of a first-class stamp is set to increase from £1.65 to £1.70 on April 7, whilst the price of a second class stamp will go up from 85p to 87p on the same date. If you want to beat the hike, you may want to stock up on stamps at their current price now. Provided they say ‘1st’ or ‘2nd’ on them rather than showing a price, you’ll still be able to use them after the price increase comes into effect. Read more about the price increases at Royal Mail Group.
One in three pensioners feels financially insecure
One in 3 (34%) pensioners – equivalent to 4.1 million people – said they felt less financially secure heading into 2025 compared to when 2024 began, according to new research by Age UK. Older disabled people, older renters and those living on low and modest incomes are most affected. Four in 10 (39%) people over 66+ receiving means tested benefits told Age UK they are worried about being able to afford other essentials like food. If you’re finding it difficult to cover your everyday expenses, read our article Get help with your bills.
Want to speak to a mortgage advisor? Speaking to an experienced mortgage advisor can help you to understand your options and get a great deal on your mortgage.
If you’re looking for expert mortgage advice, you can get a free consultation with an independent mortgage adviser at Fidelius. Speak with a qualified, FCA-regulated, independent mortgage adviser you can trust. Rated 4.7/5 on VouchedFor from over 1,000 reviews.
Paragon Bank launches 4.50% Cash ISA
Paragon Bank has relaunched its Double Access ISA, paying 4.50% AER. The account is available from 25 March, via Paragon’s online channels for a limited period. The Double Access ISA enables savers to make two withdrawals within a 12-month period. If three or more withdrawals are made, the rate drops to 1.25% AER. The minimum balance is £1,000, with a maximum balance of £500,000. You can see all the best Cash Isa rates at Best cash ISA rates – which cash ISAs pay the most interest?
Important information
Please note that we do not provide financial advice. You should always do your own research before choosing any financial product so that you can be certain it is right for you. If in doubt, please seek professional financial advice.
Whilst we endeavour to provide accurate information, deals and prices can change, so although they may be correct at the time of writing, providers may subsequently decide to alter them. We accept no liability for how you choose to use the information given on our site and in our emails, nor can we be held responsible for any content on websites that we link to. Trust and transparency is important to us. If a link has * by it, it means that we may receive a commission or payment from the site being linked to.
This helps us keep Rest Less free to use for our members. Importantly, we work hard to ensure that it won’t impact what we write. This is why we routinely include many helpful links where no commission is ever paid. For full terms and conditions, view them here.
* Links with an * by them are affiliate links which help Rest Less stay free to use as they can result in a payment or benefit to us. You can read more on how we make money here.
Get more for your money with Raisin UK
Raisin UK provides a free-to-use savings platform that allows savers to browse, open, and manage accounts with over 40 FSCS-protected banks and building societies.
Apply for savings accounts in just a few clicks, and they’ll handle the rest. Sit back, relax, and skip the paperwork as you watch your money grow.