Latest News from Money Expert

The Bank of England’s Governor, Mark Carney, has restated the validity of his warnings about the effects of Brexit on the economy, and praised the Bank’s ‘timely and comprehensive’ action in response....

The Financial Ombudsman has revealed that in the first half of 2016, there were more than three times as many complaints related to payday loans than in the last six months of 2015. In the first six...

The latest Markit/CIPS Services PMI shows the sector recovering strongly after a sharp contraction in the immediate aftermath of the EU referendum. The headline business activity index was at 52.9 in...

The Bank of England’s latest mortgage data shows the number of approvals fell to an 18 month low in July, but data from Nationwide shows house price inflation remaining strong in the wake of the...

Following a series of negative releases, the latest Markit/CIPS PMI report shows the UK manufacturing sector to be recovering strongly in August. In July, the manufacturing Purchasing Managers’ Index,...

National Debtline and the Money Advice Trust have published a survey examining the effects of debt on 18-24 year olds, and found that almost a third are currently lumped with debts that they consider...

According to the latest statistics from HMRC, the average amount of money deposited into ISAs by UK individuals last year reached a record high of £6,338. Individual savings accounts, or ISAs, allow...

In accordance with the government’s aim of ‘modernising the tax system’, HMRC is to stop sending out cheques when issuing rebates instead repaying customers with direct bank transfers.The decision is...

The British Banking Association has published a set of data showing that, for the most part, the British economy looks set to weather the Brexit storm with mortgage lending and credit card spending so...

The AA has announced that it is to start offering mortgages to its breakdown cover customers, with a variety of fixed rate plans including one best buy four year fix. AA has been expanding its scope...