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Boris Johnson is the new Prime Minister after winning a decisive victory over Jeremy Hunt in the Tory leadership election. During his campaign, Johnson made various pledges with regards to personal...

The Financial Conduct Authority (FCA) has urged the government to loosen regulation on credit unions so they can be an alternative to payday lenders for vulnerable consumers. The financial regulator...

The number of mortgages issued with 40-year terms soared last year by more than 20-fold, according to data obtained by estate agent Ludlow Thompson. A Freedom of Information Act (FOIA) request,...

Annual domestic water bills in England and Wales must fall by an average of £50 over the next five years, under plans imposed on the industry by regulator Ofwat. Meanwhile, water companies will be...

There are more highly leveraged mortgages—those with high loan to value (LTV) ratios—being issued than at any time since before the financial crisis. Data from the Bank of England, released last week,...

The Financial Conduct Authority (FCA) is consulting on new rules that could require insurance firms to direct applicants with more serious medical conditions to specialist providers, which can offer...

The cost of car insurance is set to climb, as the government tweaks rules on how much insurers must pay the victims of serious crashes. The Ministry of Justice has announced that the Ogden rate or...

A recent study carried out by YouGov has shown that 1 in 12 people wouldn’t be able to differentiate a fraudulent £20 being spent on their account from a legitimate one. While 1 in 12 might not seem...

Complaints about insurance providers and policies have soared over the last five years, but a third are decided in favour of the consumer, data from the Financial Ombudsman Service has revealed....

Chinese workers in the UK get paid the most on average of any ethnic group, according to the Office for National Statistics. The latest data from the ONS on the ethnicity pay gap has revealed that...