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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.

CMA: Price Comparison on Payday Loans

The Competition and Market Authority (CMA) have told payday lender companies to encourage greater competition and transparency by putting their products on price comparison websites.

25 Feb 2015 Read More

Wonga to Cut Workforce by a Third

The payday lender service Wonga is to cut its workforce by a third after a report by the Competition and Markets Authority imploring the market to be more transparent and conducive to competitiveness.

25 Feb 2015 Read More

Homeowners Hurry to Remortgage on Lower Fixed Rates

Recently released data reveals homeowners are switching to record low fixed mortgage rates in a bid to take advantage of the ongoing price war between lenders and the increased equity available on their homes.

25 Feb 2015 Read More

Confidence in Housing Market Reaches Three Year High

Almost a quarter (24%) of people plan to change their current property either by extending or carrying out home improvements. A further 14% said they want to sell their house in the coming year.

24 Feb 2015 Read More

Committee Chastise Ofgem for Energy Bills

The Commons Energy and Climate Change Committee have condemned the energy regulator Ofgem for allowing the big energy firms to charge excessive rates.

24 Feb 2015 Read More

Yorkshire Building Society Deepens Mortgage Price War

The Yorkshire Building Society is the latest to join in with the mortgage rate price war, introducing its best product yet with a two-year fixed deal at 1.18%.

24 Feb 2015 Read More

New Lending Regulations Prevent Remortgaging Say Banks

The announcement that the amount of re-mortgage deals have dropped by 6% has led some experts to accuse lenders of distorting the rules in order to prevent customers getting better prices.

24 Feb 2015 Read More

UK Real Wages to Grow in 2015

The ‘Ernst & Young ITEM Club’ has forecast an increase in pay growth to 1.9% which will mean real earnings have gone up for the first time since 2007.

24 Feb 2015 Read More

Now Possible to transfer Child Trust Fund's to Junior ISA Accounts

From the 6th April, parents will be able to transfer money held in CTF’s into more attractive junior ISA accounts.

24 Feb 2015 Read More

Inflation Falls to 0.3% in January

UK Consumer Prices Index Inflation went down to 0.3% in January 2015, the lowest rate it has been at since the Office for National Statistics began gathering the data in 1989.

20 Feb 2015 Read More

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