Personal Finance/ Wealth Management

UK Takes Drastic Steps With Forgotten Bank Accounts

Are you miserly with your money instead of spending it on yourself?

Millions of pounds left forgotten will be seized and used by the government. Photo by Jonathan Cooper on Unsplash

I was in shock when I read about £76b left forgotten in personal accounts in the UK, for this financial year ending 31st March 2023. I started wondering what could have happened. I know people die intestate, but surely all…