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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.

Taxman looking to crack down on dishonest Landlords deliberately defaulting on Tax Payments

The tax agency, HM Revenue & Customs (HMRC), has strengthened its crusade against crafty landlords, with plans to send roughly 40,000 letters to those parsimonious proprietors alleged to be skipping out on tax payments.

4 Aug 2014 Read More

Barclays bring out revolutionary Life Insurance – Clear-cut product for Customer Satisfaction, says Sergeant Review

Amidst public outcry for the reform of the banking sector since the 2008 financial crisis, the Sergeant Review was instigated with the goal of radically overhauling essential financial products. Last Friday marked a noteworthy day in the provision of affordable insurance products, as Barclays released the first product deemed acceptable by the government body responsible for the review.

4 Aug 2014 Read More

Help to Buy scheme subsidised 4300 completed housing developments in June – a record high

In excess of 4, 000 households enrolled in the Government’s Help to Buy scheme to purchase their homes in June, the highest monthly total since records began in 2013.

4 Aug 2014 Read More

OFGEM Announces £17 billion for electricity network and cuts bills for customers

Ofgem has today set out its proposed price control settlements for five of the six companies that run Britain’s local electricity network, which transports energy into homes and businesses.

4 Aug 2014 Read More

Cameron betrays his intention to raise 40p tax threshold – Middle-Income Workers feeling the burn

David Cameron could've betrayed his intent to raise the 40p tax threshold, as he publicly admitted he would “love” to increase the level upon which higher-income earner pay tax.

1 Aug 2014 Read More

Homebuyers set to face bigger housing deposits – Labour attack Tory housing policy & Renting Sector

Prospective homebuyers could face a sizeable increase in the cost of their housing deposits, as the average amount needed to purchase a home may well rise to £72,000, the shadow housing minister advises today.

1 Aug 2014 Read More

Diesel Drivers could be subjected to greater costs as Boris Johnson tackles high levels of pollution

Those who drive cars powered by diesel fuel could suffer extra costs and new taxes, as the Mayor of London releases proposals to combat excessively high air pollution levels in London and the rest of the UK. A charge, roughly amounting to £10, will be piled on top of the £11.50 congestion charge for drivers of diesel-fuelled cars seeking to come into central London. Charging Diesel car owners has long been in the mind of Boris Johnson, as highlighted by his reference to it in previous plans pertaining to his concept of an ultra-low emissions zone.

30 Jul 2014 Read More

Electricity bills to be reduced by £12 a year, says Ofgem

Energy regulator, Ofgem, has laid out plans which will reduce domestic energy bills by £12 a year. Seeking to control the amount afforded to the UK’s electricity network, the energy watchdog has allocated £17bn to the reform of the nations’ electricity distribution system. This princely sum is intended to aid the upkeep of power networks over an eight year period commencing in April 2015.

30 Jul 2014 Read More

“Poor Doors” in the Capital's housing developments a highly controversial issue – Boris Johnson apathetic on the matter

Poor doors have become an increasingly controversial issues in recent times, with the majority of people considering them to be a regressive move which would exacerbate the disparity between the wealthy and not so wealthy.

29 Jul 2014 Read More

Put Bankers under Oath due to financial crisis – Banking Review plot thickens

Pressure to change the dynamic within the banking industry reached a new high this week, as the leader of the review into banking standards revised his initial decision to reject the proposal – a regulatory measure - concerning whether bankers need to take oaths or not.

29 Jul 2014 Read More

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