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Latest financial news and articles

You don't have to be a money expert to stay in the know with what's happening in the world of finance. Our constantly updated news section provides bite-sized details of key facts, figures and changes.

A third of Britain’s house-sellers slashing their prices, bringing their expectations into line with waning buyer demand

Zoopla’s latest findings show that a third of all sellers have reduced the asking price of their house since placing it on the market in the latest indication that vendors are being forced to be more modest in their expectations from a cooling housing market.

19 Dec 2014 Read More

Households will pay £990m in 2018 for the upkeep of coal power stations in order to avoid blackouts

Britain’s ‘Big Six’ energy firms enjoyed a lucrative Friday, as the Government announced that taxpayers will have to part with a collective sum of £990m to ensure that the nation doesn’t lose power until 2018, with the majority of the money going to the renovation of old power plants which will provide reinforcement for existing renewable sources.

19 Dec 2014 Read More

UK Wage Growth Accelerates; Unemployment Stabilises

In the wake of CPI growth slowing to 1% in November, wage growth in the UK has now exceeded inflation for the first time since September 2009.

18 Dec 2014 Read More

Retail Sales reach decade high levels fuelled by the increasingly prominent Black Friday

Retail Sales have reached their highest annual level in over a decade, with Black Friday’s sweeping price cuts fuelling consumer’s spending bender in November.

18 Dec 2014 Read More

Twelve Tips to saving money this Christmas

We’ve all been there: you’ve spent too much money on countless Christmas drinks parties and general winter comforts for yourself, leaving Christmas shopping to the last minute only to realise your actual budget is a fraction of what you hoped it would be.

17 Dec 2014 Read More

Global Economic Effects of Plummeting Oil prices: UK inflation slows; Russia faces economic turmoil

As oil prices have been plummeting in recent weeks, reaching $59 a barrel for the first time since 2009, let’s take a look at the global political-economic effects thereof, and see how different countries are reacting.

17 Dec 2014 Read More

UK House Price Growth Slows but Inflation Slows More

The growth of prices in the UK housing market continues to slow down, having increased by just 0.1% over the last month, with the average house price in the UK now standing at £271,000.

16 Dec 2014 Read More

UK inflation tumbles to 12-year low in November, says ONS

In the wake of falling oil prices, CPI growth in the UK has dropped to 1%, potentially further delaying a rise in interest rates, according to the Office of National Statistics (ONS).

16 Dec 2014 Read More

The Cost of Electricity is set to jump by 60% by 2030 according to concealed Government Data released under Freedom of Information Act

Household electricity bills could viably rise by up to 60%, amounting to an extra £350 per family, by 2030 according to official figures originally supressed by ministers.

15 Dec 2014 Read More

Generous Pensioner Bonds rates confirmed before their release in January – A look at what we’re in for

The State-owned National Savings and Investments (NS&I) will flood the market come January with pensioner bonds offering unparalleled interest rates, according to the Treasury.

15 Dec 2014 Read More

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