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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.

Loyal Customer Caught Out By Rising Premiums

A customer of the insurance firm Saga saw his insurance premium jump by 56% when he went to renew his policy. The man has made no claims on his plan and lives in a low risk area but in spite of this he saw his rate rise from £280 to £436.

23 Jun 2015 Read More

RBS Fix Glitch With Accounts System

RBS have released a statement that says the problems that some customers experienced with payments this week have now been resolved and account balances have been updated.

23 Jun 2015 Read More

Private Sector Input Needed Before UK Smart Meter Roll-Out

Worries about the government’s ability to run the program cause company in charge to call for private sector input before the nationwide roll-out of smart energy meters begins.

18 Jun 2015 Read More

July Budget: Higher earners should consider urgently reviewing pension tax relief perks

Britain’s higher earners should urgently consider reviewing their tax relief on pensions, affirms the chief executive of one of the world’s largest independent financial advisory organisations.

18 Jun 2015 Read More

Mobile set to overtake internet as most popular banking platform

Research suggests that in the coming year, the number of customers using their mobiles to check their bank accounts will overtake those doing so on their computers, previously the most popular method.

17 Jun 2015 Read More

FCA Clampdown Clamp Down on Payday Loans Succeeding

Since payday loans first fell under the remit of the Financial Conduct Authority in April 2014, the number of complaints about their malpractice has gone down.

16 Jun 2015 Read More

Homeowners continue to 'trade up' thanks to rise in Mortgage Approvals

Royal Mail commissioned Ipsos MORI to conduct a bi-annual report of people across the UK who have moved home. With over 12,000 respondents, the study is one of the largest investigations into home movers experiences and attitudes towards the property market.

16 Jun 2015 Read More

Ofcom Toughen Up On Slow Broadband Companies

Thanks to new changes being brought in by Ofcom, customers who are receiving internet speeds that are slower than what they signed up to will be able to cancel their contracts. The communications watchdog is toughening up the industry code of practice so that frustrated families are not forced to undergo months of substandard service.

16 Jun 2015 Read More

House prices look to increase by 25% as homes for sale plummet to the lowest level since records began

As the number of houses for sale in the UK falls to its lowest level in 37 years, surveyors expect the average price of homes to increase by 25% over the next five years according to the Royal Institute of Chartered Surveyors.

16 Jun 2015 Read More

HSBC to reduce costs by cutting 8,000 UK jobs

The cuts will come from both the investment banking and the retail section of the UK banking giant and will be a part of what could total 25,000 jobs being cut globally.

10 Jun 2015 Read More

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