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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.

Study Shows London House Prices Taking Cash Out Of Economy

London First and CEBR have released a report, which claims that the huge increase of London house prices is costing the British economy over one billion pounds every year. They claim that this is because investors are pumping money into purchasing and letting properties instead of spending money on other things.

13 Oct 2015 Read More

"Advice Gap" Review To Be Launched By Government

Professional advice is now only sold with about one-third of the financial products that are available today- back in 2012 only 40% of products were sold without this advice.

13 Oct 2015 Read More

Inflation in the UK turns negative

Figures show that for the second time this year, the UK inflation rate has turned negative, falling to -0.1% in September.

13 Oct 2015 Read More

Cameron to scrap affordable homes to rent requirement

David Cameron, in his speech at last week’s Conservative Party conference, announced a shift in policy regarding the affordable homes requirement on new builds in the UK.

12 Oct 2015 Read More

Car Insurance Premiums Increase by 8% in a Year

After the most drastic quarterly increase in the last five years, UK motorists are now paying an average of £47 more than they were last year for their car insurance premiums.

9 Oct 2015 Read More

Global economic concern leads Bank of England vote to maintain interest rate

Today will mark the seventh anniversary for the low interest rates for the UK economy as the Bank of England are set to leave bank rates on hold for the 79th month running.

8 Oct 2015 Read More

FCA: Complaints to Bank Accounts Increase by a Third

A recent report from the Financial Conduct Authority (FCA) has revealed that in the first half of 2015, the number of complaints to banks from current account holders went up by almost a third.

1 Oct 2015 Read More

House Price Growth in London Increases Past 10%

The latest figures from Nationwide Building Society show that house prices in the Capital have grown by 10.6% in the last year – up from the previous quarter’s figure of 7.3%.

1 Oct 2015 Read More

Government sells a further 1% stake in Lloyds Banking Group

The treasury has increased the total amount raised from the sale of shares in Lloyds Banking Group to £15 billion by reducing the taxpayer’s stake in the bank from 12.97% to 11.98%.

25 Sep 2015 Read More

IFS Says Tory Changes To Tax Creating More Inequality

The Institute for Fiscal Studies is one of the UK's leading thinktanks on economic and financial affairs. It recently conducted a study on the impact of the government's tax and benefits reform on the levels of inequality in the UK.

24 Sep 2015 Read More

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