11 major money changes coming in February including Nationwide bank account change and bill rise FEBRUARY is nearing, and there are some major money changes on the way.
Alcohol duty rates in the UK are rising on February 1 while a new regime taxing wine based on strength is also coming into force.
Interest rates are being cut on 55 non-ISA savings accounts, while rates on 34 ISA accounts will also fall.
The price of some alcoholic drinks will rise by 3.6% which the Wine and Spirit Trade Association said will see the cost of a bottle of gin go up by 33p and a bottle of vodka by 30p.
The building society is lowering rates by between 0.1 and 0.26 percentage points on 89 variable rate and instant access savings and cash ISA products.
