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Latest Financial News

  • 30 Jul 2014

    Diesel Drivers could be subjected to greater costs as Boris Johnson tackles high levels of pollution

    Those who drive cars powered by diesel fuel could suffer extra costs and new taxes, as the Mayor of London releases proposals to combat excessively high air pollution levels in London and the rest of the UK. A charge, roughly amounting to £10, will be piled on top of the £11.50 congestion charge for drivers of diesel-fuelled cars seeking to come into central London. Charging Diesel car owners has long been in the mind of Boris Johnson, as highlighted by his reference to it in previous plans pertaining to his concept of an ultra-low emissions zone.

  • 30 Jul 2014

    Electricity bills to be reduced by £12 a year, says Ofgem

    Energy regulator, Ofgem, has laid out plans which will reduce domestic energy bills by £12 a year. Seeking to control the amount afforded to the UK’s electricity network, the energy watchdog has allocated £17bn to the reform of the nations’ electricity distribution system. This princely sum is intended to aid the upkeep of power networks over an eight year period commencing in April 2015.

  • 29 Jul 2014

    “Poor Doors” in the Capital's housing developments a highly controversial issue – Boris Johnson apathetic on the matter

    Poor doors have become an increasingly controversial issues in recent times, with the majority of people considering them to be a regressive move which would exacerbate the disparity between the wealthy and not so wealthy.

  • 29 Jul 2014

    Put Bankers under Oath due to financial crisis – Banking Review plot thickens

    Pressure to change the dynamic within the banking industry reached a new high this week, as the leader of the review into banking standards revised his initial decision to reject the proposal – a regulatory measure - concerning whether bankers need to take oaths or not.

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