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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.

UK property market in danger of crash without action, says Bank Deputy Governor

The UK’s rapidly growing housing market could be set to crash in the near future, the Bank of England has identified in its most stark and worrying warning yet about the potential effects of having an extended period of soaring property prices.

2 May 2014 Read More

Prime Minister Cameron heralds UK’s economic performance as a “great British revival

Prime Minister David Cameron has argued that his party’s economic performance has resulted in a ‘great British revival’, as the fight for local election supremacy has begun to heat up.

2 May 2014 Read More

Annuities still have future despite pension reform, says Minister Steve Webb

Annuities still have a future in the UK, despite the introduction of a number of reforms to the way that people can access their retirement funds, according to pension’s minister, Steve Webb.

1 May 2014 Read More

Labour pledge to introduce cap on private rent hikes to give ‘fairer deals’ to tenants

The Labour party will push for a cap to be introduced in the private rental sector which would see an upper threshold introduced for how much any landlord can raise their tenants rent costs in a year.

1 May 2014 Read More

1.4 million workers in the UK currently on zero-hour contracts, says Office for National Statistics

Almost 50% of the UK’s largest businesses have members of their staff on their books on zero hour contracts, with an estimated 1.4 million workers now believed to be on the precarious payment packages, a study from the Office for National Statistics has outlined.

30 Apr 2014 Read More

Britain loses fight against European court over financial transaction tax

The UK’s legal bid to have an impending financial transaction tax waived has been dealt a huge blow today after a European Court rejected its request to block 11 countries from utilising the tax against workers in the city.

30 Apr 2014 Read More

New Paym mobile payment technology released by UK’s major banks

The mobile banking revolution in the UK has reached its latest chapter today after a number of the country’s largest banks made the new Paym mobile payment technology available to their customers that will enable them able to undertake day-to-day banking by simply using their phone number.

29 Apr 2014 Read More

Latest ONS figures reveal UK economy grew by 0.8% during first quarter of 2014

Britain’s resurgent economy grew by 0.8% in the first three months of 2014, according to the latest data released by the Office for National Statistics (ONS).

29 Apr 2014 Read More

Ovo Energy launch new scheme aiming to give local community groups sovereignty over energy provisions

Independent energy provider Ovo have today unveiled a new scheme which will see local community organisations given the power to acquire low cost energy provisions, which they will then be able to redistribute to local residents.

29 Apr 2014 Read More

Unemployment regulations tightened up as new Help to Work scheme unveiled by government

Individuals who have been unemployed for an extended period of time will risk having their benefit provisions cut unless they go to a Job Centre on a daily basis, offer to work without pay, or enter into some form of training, as part of a set of new regulations that have been officially instigated from today.

29 Apr 2014 Read More

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