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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.

Lidl turns up the heat on rival competitors as sales are expected to reach £4bn

Lidl has cranked up the heat on Britain’s so called ‘big four’ supermarkets, as the German retailer revealed its heightened marketing ambition through the unveiling of an extensive advertising campaign.

28 Aug 2014 Read More

The number of Mortgage Approvals falls in July – MMR measures could be taking effect

The number of mortgage approvals fell in July from June, in a sign that measures undertaken by the Bank of England to crack down on irresponsible lending has reduced buyer demand for new properties.

27 Aug 2014 Read More

RBS fined a hefty £14.5m due to “serious failings” in Mortgage Advice provision

The Royal Bank of Scotland has demonstrated “serious failings” in its provision of mortgage advice and has subsequently been slapped with a £14.5m fine by the Financial Conduct Authority (FCA).

27 Aug 2014 Read More

How the upcoming scrapping of Car tax discs will affect motorists across the UK – Get in the Loop or risk heavy fines

The significance of the pending abolition of paper tax discs from cars has been well documented in recent times. As such, that half of drivers are still unaware of what the new rules mean for them, and that the majority of those were totally oblivious to the change occurring at all, shows the need for further clarification.

27 Aug 2014 Read More

Wage Growth on the Increase in the Manufacturing Industry

Wage growth across the manufacturing industry is more pronounced than in other parts of the economy, inspiring hopes amongst a disillusioned public that this could have a knock on effect onto different sectors of the economy.

26 Aug 2014 Read More

Affluent Households paying an average 21,000 more for Houses near to Top State Schools – Low-income Families losing out

Hard-up families are being starved of the opportunity to attain places in Britain’s top schools, as affluent parents are parting with a premium for house purchases in the vicinity of the best state schools in the country.

26 Aug 2014 Read More

Scotland’s economy stronger for the split according to thinktank – ‘Adaptive Sterlingisation’ could be the answer

If Scotland were to attain independent status and continued to use the pound sterling, in spite of Westminster’s condemnation, it would have a stronger economy than it does now, according to influential think tank the Adam Smith Institute (ASI).

22 Aug 2014 Read More

Labour promises it would bring the hammer down on ‘mistreating’ Energy Companies – Energy Prices have risen 4 times quicker than wages under Coalition

Energy companies would be comprehensively cracked down on under a Labour government, as shadow energy secretary, Caroline Flint, will announce today that a proposed new energy regulator would be authorised to invalidate the licence of energy giants that consistently skate around regulations and abuse customer interests.

21 Aug 2014 Read More

NISA rates tumbling across the lending sector – Yet there is a glimmer of light for savers

In recent months, there has been a trend of Banks slashing their ISA rates, somewhat sullying the hopes of many savers who believed the re-christened NISAs would provide them with lucrative rates.

21 Aug 2014 Read More

Mortgage Lending up to highest monthly level in 6 years – Homeowner remortgaging increases in turn as Bank of England retains base rate

Mortgage Lending increased to its highest monthly level in July for nearly six years, as borrowers’ continue to buy into the lending sector despite Bank of England measures, implemented earlier this year, designed to combat lax lending standards.

20 Aug 2014 Read More

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