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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.

53% of Britons paid earlier than usual in December struggle to meet their bills by mid-January - Tips from Experian on New Year's finances

As 2014 draws to a close, more than a third (35%) of us will be facing January with a financial hangover, having over-spent at Christmas by an average of £207. That - combined with almost 80% of us having been paid early in December - can result in many struggling to make their money stretch until the end of the month.

5 Jan 2015 Read More

Taxpayer’s Alliance report shows lowest earners are subjected to highest proportional tax bill – but the blame does not fall on the wealthy

Households living off the lowest wage packets are taxed a higher percentage of their income than those in any other income group, highlighting the lopsided nature of Britain’s tax system.

23 Dec 2014 Read More

Homes sold falls below 100,000 for November, as London homes continue to plummet in value

Households living off the lowest wage packets are taxed a higher percentage of their income than those in any other income group, highlighting the lopsided nature of Britain’s tax system.

23 Dec 2014 Read More

A third of Britain’s house-sellers slashing their prices, bringing their expectations into line with waning buyer demand

Zoopla’s latest findings show that a third of all sellers have reduced the asking price of their house since placing it on the market in the latest indication that vendors are being forced to be more modest in their expectations from a cooling housing market.

19 Dec 2014 Read More

Households will pay £990m in 2018 for the upkeep of coal power stations in order to avoid blackouts

Britain’s ‘Big Six’ energy firms enjoyed a lucrative Friday, as the Government announced that taxpayers will have to part with a collective sum of £990m to ensure that the nation doesn’t lose power until 2018, with the majority of the money going to the renovation of old power plants which will provide reinforcement for existing renewable sources.

19 Dec 2014 Read More

UK Wage Growth Accelerates; Unemployment Stabilises

In the wake of CPI growth slowing to 1% in November, wage growth in the UK has now exceeded inflation for the first time since September 2009.

18 Dec 2014 Read More

Retail Sales reach decade high levels fuelled by the increasingly prominent Black Friday

Retail Sales have reached their highest annual level in over a decade, with Black Friday’s sweeping price cuts fuelling consumer’s spending bender in November.

18 Dec 2014 Read More

Twelve Tips to saving money this Christmas

We’ve all been there: you’ve spent too much money on countless Christmas drinks parties and general winter comforts for yourself, leaving Christmas shopping to the last minute only to realise your actual budget is a fraction of what you hoped it would be.

17 Dec 2014 Read More

Global Economic Effects of Plummeting Oil prices: UK inflation slows; Russia faces economic turmoil

As oil prices have been plummeting in recent weeks, reaching $59 a barrel for the first time since 2009, let’s take a look at the global political-economic effects thereof, and see how different countries are reacting.

17 Dec 2014 Read More

UK House Price Growth Slows but Inflation Slows More

The growth of prices in the UK housing market continues to slow down, having increased by just 0.1% over the last month, with the average house price in the UK now standing at £271,000.

16 Dec 2014 Read More

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