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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.

Clampdown on Payday Lending continues – Citizens Advice leads the charge

The crackdown on payday lenders intensified today as 'Pounds to Pocket', an online service owned by CashEuroNetUK, was condemned and banned for negligent advertising. In an email distributed to prospective consumers, the shady payday lender urged customers to indulge in an expensive short-term loan to finance their birthday festivities.

23 Jul 2014 Read More

Public getting ripped off for Energy – Big Six criticised

Energy companies have come under the microscope once more, as ministers confess the 'big six' stand to greatly benefit from a deal made in December, regarding green levies, which was mishandled by the government.

23 Jul 2014 Read More

Student Loan position bordering on untenable – Commons Business Committee demands review for the sake of the taxpayer

The Commons Business Committee, comprised of MPs charged with scrutinising university policy, has released a disparaging report on the student loan system, which states it is reaching its 'tipping point'.

22 Jul 2014 Read More

CMA label current accounts offered by banks as too convoluted and pricey – Mass Investigation into banking sector initiated

The Competition & Markets Authority launched, what they promise to be, a comprehensive inspection of the banking sector, with the perceived lack of competition within the industry providing the foundation for investigation.

22 Jul 2014 Read More

How your credit score could really affect your mobile phone…

Britain is undoubtedly now a nation of mobile phone users. Figures vary but it seems that around half the population currently owns a smartphone - just look at people sat on buses, or in cafés glued to their smartphones

21 Jul 2014 Read More

Free, independent advice for Pension Customers – Chancellor initiates mass reform to Pension sector

The Chancellor, George Osbourne, has given the green light to a scheme which will afford millions of poorly-informed members of the public free, impartial advice from an independent advisor on how to invest their pensions. This follows on from governmental promises made in the budget which outlined plans for savers, by 2015, to be provided with more freedom to do what as they please with their cash. Osbourne also spoke out against self-serving, private insurers who he said would be barred from giving free, biased advice to unwitting customers.

21 Jul 2014 Read More

Housing Market cools for the first time this year, says influential Property Website

Asking values for houses fell for the first time this year, as freshly gathered data shows a potential cooling period in the housing market.

21 Jul 2014 Read More

City watchdog plans crack-down on Banking Sector

Britain’s high street banks have come under fresh pressure from the regulator, as it declares its intention to initiate a comprehensive investigation into the multi-billion pound sector.

18 Jul 2014 Read More

Londoners brace themselves for 36% upsurge in Stamp Duty as homes approach £500,000 price tag

Prospective House-buyers in the capital are set to confront a 36% jump in their stamp duty bill within the next two months, as house prices loom ever closer to the 4% property tax threshold.

17 Jul 2014 Read More

UK unemployment plummets to six year low of 2.12m

Fresh figures issued by the Office for National Statistics (ONS) show unemployment fell by 121,000, to 2.12m million in the three months leading up to May. Coming in at the lowest level in almost six years, the figures provide government with a platform from which to launch further successful reform.

17 Jul 2014 Read More

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