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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.

Ladbrokes struggling to compete online – Pre-tax total profits plummeted by roughly 50% in first 6 months

Ladbrokes reported a sharp decline in overall profit for the first half of this year, with figures recording a staggering 49.7% drop to £27.7m.

13 Aug 2014 Read More

Gender Related Conflicts persist in Workplace – Equal Pay & Maternity Disputes rage on

A coalition backed programme designed to assess the disparity between men’s and women’s pay in companies across the UK has yielded insufficient findings due to the lack of firms willing to disclose their data, according to new figures.

12 Aug 2014 Read More

Pressure on the Bank of England to raise interest rates as lenders hand out increasing number of mortgages

An unexpected upsurge in the number of mortgages taken out has fuelled fears that the housing market has been re-energised, piling further pressure on the Bank of England’s forthcoming decision on when to raise interest rates.

12 Aug 2014 Read More

Increase in Home Loans taken out in June - Mortgage Market Review measures criticised

The number of home loans taken out by buyers seeking to combat high house prices swelled in June, according to official figures from lenders which indicate that restrictive measures imposed on banks in April’s Mortgage Market Review (MMR) are failing to have their desired effect.

11 Aug 2014 Read More

Starting Earnings languish as Wage Growth remains low, says CIPD

Starting earnings for new employees are languishing behind inflation despite increasing levels of employment, as wage growth across the UK dwindles.

11 Aug 2014 Read More

Being responsible with money can win hearts

What would you think women prefer: a plain-looking man who’s responsible with money, or a handsome devil with a university education?

11 Aug 2014 Read More

Mortgage Borrowers uneasy over Interest Rate Hike – BoE measures could impact on Renters home-owning aspirations too.

Roughly 46% of mortgage holders have expressed their unease over a 3% interest rate hike on their home loan, admitting they would struggle with monthly repayments, according to new figures from renowned specialists.

8 Aug 2014 Read More

HSBC display ‘pattern of abuse’ in their closing of UK bank accounts taken out by Syrians

Pressure groups have rallied together accusing HSBC of specifically victimising Syrians residing in the UK, due to mass numbers of Syrians across the UK being informed their bank accounts will be closed shortly.

8 Aug 2014 Read More

Bank of England retains interest rates at historic low of 0.5% for 65th successive month

The Bank of England has opted to retain the UK’s base interest rate at its historic low of 0.5% for the upcoming month, taking it to 65 successive months of ultra-low borrowing costs.

7 Aug 2014 Read More

ISA’s or current accounts; which are the superior saving medium?

Whilst the Bank of England’s decision to hold its base interest rate at 0.5% for nearly 5 years has been welcomed by those who have been struggling to cope with the rising cost of living in the UK, it has nevertheless created a torrid landscape for the aspiring savers of the country, who have found it increasingly difficult to find an ISA deal from providers which comes with a competitive interest rate.

7 Aug 2014 Read More

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