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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.

House Prices expected to drop in London, says Royal Institution of Chartered Surveyors

House Prices are expected to fall over the next three months, a poll conducted by the Royal Institution of Charted Surveyors (RICS) has shown.

10 Jul 2014 Read More

Lack of investment in local gas production in UK – cost of electricity could double within 20 years, says National Grid

The cost of electricity could increase twofold over the next 20 years, according to results uncovered, on Thursday, by the National Grid, Great Britain’s influential power company.

10 Jul 2014 Read More

Managers exploited for labour amounting to an ‘extra day per week in unpaid overtime’

Roughly half of UK managers put in an extra day of unpaid overtime work a week, a study into working practices has indicated. The Institute of Leadership and Management went on to suggest a lesser total of managers, amounting to an estimated 13%, work two days overtime per week without financial incentive.

10 Jul 2014 Read More

UK clothes prices keep falling – competition drives down inflation

Retailers across the country slashed their clothes prices for the 14th consecutive month in June this year. Consumers appear to have rallied against the consistent decline in real wages since 2010 through pressuring high-street shops into providing better value for money. Whether it be menswear, women’s-wear or baby’s clothing, June sees the greatest, most extensive drop in prices since documentation began in 2006.

10 Jul 2014 Read More

UK tax rises condemned by Washington for ending North Sea oil prospects

The US’ Department of Energy has launched a scathing condemnation of the UK government’s tax hike on North Sea oil and gas revenues, warning that excessive costs loom menacingly over Britain’s energy industry.

9 Jul 2014 Read More

Loyal savers do not get rewarded for their custom as they suffer lower interest rates, says Regulator

Loyal bank savers are being shafted out of sizeable sums of interest returns because they are reluctant to shop around, according to the city watchdog. Large banks have come under fresh criticism for their covert tactics, as the FCA slams them in their latest research.

9 Jul 2014 Read More

Disconnected’ consumers do not trust pension providers says National Employment Savings Trust

Pension savers do not trust the pensions industry and consider investment to be on a par with casino-style gambling, according to a report released by government body, the National Employment Savings Trust (NEST).

7 Jul 2014 Read More

Roof caves in on Parliament - Local authorities demand construction of 500, 000 new homes

Local authorities based all around the country rally together and call for concrete legislature condoning the building of half a million new homes before 2020.

7 Jul 2014 Read More

Last-minute holiday money-saving tips

Before you go on holiday this summer, it’s worth remembering that there are several ways you could cut costs before you've even touched down on the sun-kissed runway.

7 Jul 2014 Read More

Bank of England's deputy governor warns spiralling house prices are 'not just a London problem'

The outer Regions of the UK should brace themselves for potential, rapid increases in house prices. The threat of prospective home-buyers taking on considerable levels of debt is ‘not just a London problem’ according to the deputy governor of the Bank of England.

4 Jul 2014 Read More

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