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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.

Tax Discs discarded tomorrow – A last look at the key changes Consumers must be aware of

Tomorrow, the 1st October, signals an end to the significance of the tax discs which have embellished vehicle’s windscreens for 93 years. Drivers everywhere can dispose of them any way they see fit.

30 Sep 2014 Read More

HMRC instilled with new powers – Taxman now able to take up to £17,000 straight from salaries

Top earners will be at risk of having up to £17,000, owed in arrears, plucked from their pockets due to new debt-recouping capabilities being afforded to the taxman.

29 Sep 2014 Read More

London propels House Price Growth to heights of 2007, according to Land Registry Housing Data

The housing data for August has shown the price of an average UK property climbed by £1,761 for the month continuing the upwards trend seen in annual price growth for 2014.

29 Sep 2014 Read More

Comparison Sites now the main method savvy shoppers switch

31% of switchers used a comparison service when they last changed energy company, up from 26% in 2013.

29 Sep 2014 Read More

The Downfall of Wonga? – Profits for 2013 expected to plummet by 40%

Informally recognised as the face of payday lending, Wonga is expected to announce a 40% slide in profits next Tuesday to £50m for the 2013, down from £84.5m on the previous 12 months.

26 Sep 2014 Read More

AA shows greater leniency in the provision of Travel Insurance to Elderly – But, Ombudsman takes issue with Insurers’ unjust Alcohol-fuelled rejection of Claims

The AA have unveiled plans to allow travellers aged 79 or above to take out travel insurance cover for single trips from November 5th.

26 Sep 2014 Read More

Jet2 and Thomson appeal against Court Ruling forcing them to pay off Crowd of Complainants seeking Compensation for Flight Delays

Swathes of jetsetters whose flights have been affected by shoddy airline administration will learn by November whether they are entitled to flight delay compensation from their flight supplier.

25 Sep 2014 Read More

Personal Loans on the rise once more as borrowing picks up to Pre-Recession levels – Is consumer confidence at a 7 year high?

Gross borrowing via personal loans has increased every month this year marking an end to years of decline in the number of unsecured loans taken out by savers conscious of a turbulent economic climate, according to the British Bankers Association (BBA).

25 Sep 2014 Read More

Car Insurance Investigation concludes – ‘Price Parity’ clauses between Price Comparison sites and Insurers to be ceased

Agreements based on interconnected goals struck between insurers and price comparison websites are to cease as the competition watchdog resolves that these deals are obstructing the natural flow of competition through the car insurance sector and thus costing drivers in the form of pricier premiums.

24 Sep 2014 Read More

Labour’s proposed mansion tax to hit South East & London hardest – Estate Agents rally to slam Miliband’s measures

The proposed levying of a mansion tax on houses valued at £2m or over was one of many eye-catching pledges made by Ed Miliband in his keynote speech at the Labour party conference.

24 Sep 2014 Read More

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