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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.

Summer’s on its way

Can we say winter is finally over now? With the mercury steadily rising, the clocks gone forward and the birds all a-chirping in the morning, it looks like spring has finally sprung.

3 Apr 2014 Read More

Santander adds 18 month interest free for purchases to 123 cashback credit card

Santander has added 18 months interest free on purchases to its award winning Santander 123 credit card, and cut the APR to 16.5% from 22.8% including the annual fee, or 12.7% from 18.9% ex-annual fee, providing customers with a very competitive shorter term borrowing option for larger purchases.

2 Apr 2014 Read More

Britain rank 24th on list of world foreign exchange reserves- lower than Poland and Philippines

The UK’s total foreign exchange reserves- which are utilised to protect the pound in times of financial difficulty, is currently lower than a number of unexpected countries such as Poland, the Philippines and. Libya.

2 Apr 2014 Read More

UK household debt to increase by 43% to £2.251 trillion by 2019, says Office for Budget Responsibility

Britain’s total household debt, comprised of unsecured and secured liabilities, will soar from its current value of £1.574 trillion, to a staggering £2.251 trillion by the end of 2019, the Office for Budget Responsibility (OBR) has identified in its latest forecast within the Budget.

2 Apr 2014 Read More

Bedroom tax’ causing ‘financial hardship and distress’ for disabled people

Reforms made by the government last year to the housing benefit system in England, Wales and Scotland have caused ‘financial hardship and distress’ for disabled individuals who rely on the welfare entitlements, a committee of MP’s have identified.

2 Apr 2014 Read More

Car repossession, sexual harassment and death threats: introducing the new payday loans

The ‘Logbook loans’ industry, which ask borrowers to secure their loans against their car, are to be investigated by the Financial Conduct Authority (FCA), over claims that they have used rogue practice to recover outstanding debts.

1 Apr 2014 Read More

Mobile banking ‘revolution’ has taken place, says British Bankers Association

The UK has undergone a mobile banking ‘revolution’, with the number of people utilising their smart phones and mobile devices for day-to-day purposes doubling in the past year, the British Bankers Association has identified.

1 Apr 2014 Read More

TSB launches hybrid current account which pays savers 5% AER interest

TSB Bank has launched an innovative current account that dually functions as a saving account and pays its users an attractive 5% AER interest on their balances.

1 Apr 2014 Read More

Soaring demand levels making housing bubble increasingly likely, says Hometrack

Fresh fears of a potential ‘housing bubble’ occurring in the near future have been raised, following new data released about levels of demand in the UK at present by a leading property researcher.

31 Mar 2014 Read More

Chancellor Osborne promises future tax and welfare cuts to achieve ‘full employment’

Chancellor George Osborne has identified that the government will likely implement further tax and welfare cuts in the future, so that they can realise their ultimate goal of achieving ‘full employment’ across the country.

31 Mar 2014 Read More

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Barclaycard
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Balance Transfer Credit Card (30 Mths)

Halifax
  • 18.9% APR
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If you borrow £1200 at a purchase rate of 18.95% p.a.(variable), you will pay 18.9% APR Representative (variable).

Clubcard Credit Card (Balance Transfer)

Tesco Bank
  • 18.9% APR
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If you borrow £1200 at a purchase rate of 18.94% p.a.(variable), you will pay 18.9% APR Representative (variable).

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