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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.

Problem Debt setting the UK economy back £8.3bn, according to StepChange

Personal Debt within the UK is fast becoming a public conundrum, as influential charity StepChange state that individuals wallowing in arrears are setting the UK back a projected £8.3bn.

8 Oct 2014 Read More

Average UK House Growth expected to slow due to weaker demand, according to Halifax

The average price of UK property rose marginally by 0.6% in September on the previous month to £187,188, nonetheless this represents a peak in annual house price growth with properties’ values expected to increase at a more temperate rate henceforth, according to new data from Halifax.

8 Oct 2014 Read More

New research reveals winter rituals of a 'Hiber-nation'

With three quarters (75%) of Brits spending more time snuggled up at home in the colder months, new research from energy regulator Ofgem reveals Brits’ top winter rituals and shows we are a ‘hiber-nation’.

8 Oct 2014 Read More

Credit availability falls in the third quarter as lending tightens up, according to Bank of England’s latest report

Following 8 successive years of increase, the amount of secured credit distributed by lenders fell drastically in the 3 months leading up to the start of September, as lenders declined to engage in risky dealings.

7 Oct 2014 Read More

Green Deal sweetened for UK households offered greater financial backing

The Green Deal programme will be made much sweeter as far as households across the UK are concerned, as the energy secretary pledges to pump an extra £100m toward greater energy efficiency as part of the Home Improvement Scheme entailed within the Green Deal programme.

7 Oct 2014 Read More

Bank of England releases series of proposals to improve protection of Individuals’ savings in the case of lenders failing

The Bank of England has released proposals outlining measures to better protect account-holders’ savings in instances of financial disaster, such as the crumpling of several global banks seen in 2008.

6 Oct 2014 Read More

Housebuyers must pay double as much to live in priciest National Park than surrounding area

Homebuyers must pay a higher price to reside in the vicinity of Britain’s most scenic locations, according to a new report from Lloyds Banking Group.

6 Oct 2014 Read More

Average speed of UK Cable broadband outstrips Fibre broadband – Gap bridged between Country & City

The latest Ofcom report makes grim reading for fibre broadband users across the UK, as the watchdog declares cable broadband now provides a speedier service than fibre.

6 Oct 2014 Read More

Market-Leading savings account vanishes from market within a week

The impetus is on savers to swiftly snap up the market-leading fixed rate bonds that temporarily flood the market before vanishing within a matter of days.

6 Oct 2014 Read More

Bank of England granted enhanced legal powers to rein in the overheated housing market

The Bank of England has had its specification for greater legislative powers within the mortgage market approved by the Chancellor of the Exchequer, George Osborne.

2 Oct 2014 Read More

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