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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 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

British Gas staff dupe public in mass mis-selling of deals – regulator OFGEM cracks down on sneaks

OFGEM has condemned the UK’s flagship energy supplier, British Gas, for making false, over-exaggerated claims to prospective customers.

4 Jul 2014 Read More

UK house prices sharply rise surpassing 2007 peak - Nationwide scorn Bank of England measures

UK house prices outstripped their highest valuations of 2007 casting doubts on the supposed cooling of the housing market. Rising for the 14th successive month, house prices grew by 1% in June which in turn stretched the annual rate of increase to 11.8% - the most sizeable rise since 2005.

3 Jul 2014 Read More

Banks cut super ISA rates - Savers bearing the brunt

Shadows have been cast on the new ‘super’ ISAs (NISAs) as banks have cut interest rates on them by a tenth since the budget. Official figures, recently compiled, show that savers will struggle to profit of the new schemes.

3 Jul 2014 Read More

Seven ways to have a money-saving GrandPrix weekend

The world of Formula 1 is widely seen as being a glamorous ride for all involved, and if you want to attend a Grand Prix race as a spectator, it doesn’t always come cheap.

3 Jul 2014 Read More

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