September brings changes in payments and banking: key financial news.

September brings changes in payments and banking: key financial news
September brings changes in payments and banking: key financial news

According to The Sun: In September, households should consider many major changes in finances, including that parents will receive additional support of £7,500.

Keeping track of important financial dates helps stay informed and plan for the future.

September 1: Childcare support for parents

Parents will be able to take advantage of 30 hours of free childcare starting in September. Support is available for children aged from nine months to four years.

To receive funding at the start of the 2025/26 academic year, applications must be submitted by August 31. This marks the completion of the third phase of the program's expansion.

September 1: First Direct customers will no longer receive paper statements for savings

Starting from September 1, First Direct customers will no longer receive paper savings account statements. Instead, they will be able to view, download, and print their statements using the bank's app or online banking.

September 1: Closure of bank branches on Main Street

A wave of bank branch closures will start on September 1. Natwest will close 25 branches this month, beginning in Cwmbran on September 1.

By the end of the year, NatWest plans to close 46 branches, with another eight listed but without dates.

Halifax, Lloyds, and the Bank of Scotland will also close a number of branches this month.

September 16: Wage statistics

The Office for National Statistics will publish wage figures for September on the 16th of this month.

September 17: Inflation

The Office for National Statistics will release the inflation rate for August on September 17.

This affects various important financial decisions, including the Bank of England's base rate.

A range of changes in the financial landscape is expected for households in the UK in September. Parents will have the opportunity to receive additional childcare support, and banks will begin to close their branches. This month will also see the release of important wage statistics and the inflation rate.


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