Latest News from Money Expert

The number of people switching their current account fell by nearly 5% over the past 12 months, despite a range of incentives being offered to customers who do switch.This latest data comes from Bacs,...

The Office for National Statistics has released their data for June showing consumer price index inflation up to 0.5%, from 03% in May.Inflation, as measured by the consumer price index, tracks the...

The International Monetary Fund has cut its forecast for global economic growth in 2016 and 2017 following the UK’s decision to leave the European Union.The IMF warned about negative economic effects...

According to a study conducted by the Resolution Foundation, those born between 1981 and 2000 are expected to have paid around £53,000 in rental costs but the time they reach the age of 30.This is...

Despite a majority of economists, analysts and lenders predicting a cut to the Bank of England’s base rate, the Monetary Policy Committee defied expectations and voted to maintain the rate at 0.5%The...

The newly appointed Chancellor of the Exchequer, Philip Hammond, has promised to bring stability to the economy as it enters a “new phase” following the Brexit vote.New Prime Minister Theresa May has...

The UK’s largest house building company reported relatively strong performance over this last year, but indicated that they may be slowing their rate of work in the wake of the Brexit vote.Barratt...

The Governor of the Bank of England, Mark Carney, has suggested that more stimulus is on its way in order to cope with the economic fallout from the Brexit vote.The long term effects of Brexit on the...

The latest data from the British Retail Consortium and KPMG shows growth in consumer spending for June was at its slowest pace since 2009. The Retail Sales Monitor Report showed that sales in June...

Mortgage lenders across the UK are cutting their interest rates in the wake of the Brexit vote as a large number of economists predict a cut to the Bank of England base rate this week. Despite...