Latest News from Money Expert

Economists have predicted that the UK is to continue with its record low interest rates throughout 2016. These predictions come after it was revealed that the service sector suffered a sharp drop in...

A recent report has predicted that the cost of luxury flats in London are set to fall due to a large supply of new-builds that will slowly erode the prices. This warning has come from the investment...

The Office for Tax Simplification has criticised the current national insurance scheme as “not fit for purpose” and is to call for it to be changed to be more in line with income tax. The OTS argues...

Mortgage lender Halifax reported that although house prices fell slightly from January to February, they were still up by 9.7% compared to last year. Between December and February, average house...

The Financial Conduct Authority will be investigating six of the country’s largest life assurance providers over the level of transparency they had offered customers regarding various fees associated...

The former head of the Confederation of British Industry, John Cridland, will lead a review into the state pension age including questioning the viability of continually increasing the retirement age...

More pressure was put onto the ECB (European Central Bank) last month as a sharp fall in consumer prices dropped down to -0.2% in February. This makes a very sharp contrast to the 0.3% increase that...

The latest figures from the Bank of England show that borrowing on loans, credit cards and overdrafts in the UK saw its highest annual jump for a decade in January, going up by 9.1% over the year....

The retail sector represents one of the biggest industries in the United Kingdom. However, it is now reported to be faced with the possibility of shrinking its workforce by an estimated 900,000 jobs....

The Chancellor of the Exchequer, George Osborne, has said that there is a chance of more public spending cuts being announced in the Budget next month. Speaking to the BBC, the Chancellor said that...