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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.

Summer’s on its way!

Can we say winter is finally over now? With the mercury steadily rising, the clocks gone forward and the birds all a-chirping in the morning, it looks like spring has finally sprung.

7 Apr 2014 Read More

House price inflation on the rise again, says the Halifax

Annual house price inflation rose again in the three months to March this year compared to the same point last year, taking it to its largest value since October 2007, the Halifax have identified.

4 Apr 2014 Read More

OFGEM launches project to pave the wave for cheaper off peak electricity

Tariffs where consumers pay less for using electricity off-peak or when it is cheaper to produce, are one step closer from today.

4 Apr 2014 Read More

Ukraine crisis could ‘cloud global economic outlook’, says IMF

The global economy could experience years of stagnation and “sub-par growth”, if the Ukraine crisis is left unresolved, inflation does not pick up in Europe and Japan and corporate leverage is not reduced in the US, the IMF head Christine Lagarde has identified.

3 Apr 2014 Read More

UK economy grew by 0.7% in first quarter of 2014, says Markit/CPIS Purchasing Managers’ Index

A detailed analytical survey that sought to gauge Britain’s economic performance in the first quarter of this year has estimated that GDP grew by 0.7% in the three months to April, equalling the countries performance from the quarter before.

3 Apr 2014 Read More

Pensioners to be given £25 weekly boost from 2015

Pensioners will be able to purchase state pension top ups as high as £25 each week from autumn next year, as part of a government scheme to compensate individuals who retire before April 2016, and subsequently will miss out on the new higher state pension.

3 Apr 2014 Read More

Summer’s on its way

Can we say winter is finally over now? With the mercury steadily rising, the clocks gone forward and the birds all a-chirping in the morning, it looks like spring has finally sprung.

3 Apr 2014 Read More

Santander adds 18 month interest free for purchases to 123 cashback credit card

Santander has added 18 months interest free on purchases to its award winning Santander 123 credit card, and cut the APR to 16.5% from 22.8% including the annual fee, or 12.7% from 18.9% ex-annual fee, providing customers with a very competitive shorter term borrowing option for larger purchases.

2 Apr 2014 Read More

Britain rank 24th on list of world foreign exchange reserves- lower than Poland and Philippines

The UK’s total foreign exchange reserves- which are utilised to protect the pound in times of financial difficulty, is currently lower than a number of unexpected countries such as Poland, the Philippines and. Libya.

2 Apr 2014 Read More

UK household debt to increase by 43% to £2.251 trillion by 2019, says Office for Budget Responsibility

Britain’s total household debt, comprised of unsecured and secured liabilities, will soar from its current value of £1.574 trillion, to a staggering £2.251 trillion by the end of 2019, the Office for Budget Responsibility (OBR) has identified in its latest forecast within the Budget.

2 Apr 2014 Read More

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