Latest News
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Chancellor ‘risks complicating ISA landscape’, Treasury Committee warns
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Interbridge Mortgages secures new £300m funding facility
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Mortgage market searches dry up in December, data shows
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Trust usage on the rise amid IHT and reporting requirement pressures
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Titan Wealth to acquire financial advice firm Innes Reid
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Three in five landlords to purchase BTL property through limited company
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A total £2.3bn was withdrawn flexibly from pensions between April and June as COVID-19 took its grip on the UK, according to new data published by HMRC
31/07/2020
Nutmeg has become the first wealth manager in the UK to offer Open Banking payments, giving customers the option to choose faster payments directly from their bank or building society
30/07/2020
Thirty-one per cent of financial advisers have seen an increase in client enquiries above normal levels since the COVID-19 pandemic begun, according to new research from Aegon
27/07/2020
A total of 323,767 properties have been bought with Help to Buy ISAs since the scheme launched in 2015, new figures published by the Treasury have revealed
23/07/2020
Sixty-four per cent of adults in the UK have become reliant on mobile and online banking to manage their finances during lockdown, new research from Yobota has revealed
21/07/2020
The past three months have seen the Government borrow more than double its entire borrowing amount for last year, as June marked the third highest month on record for borrowing, new figures have revealed
21/07/2020
UK over-55s are expected to borrow £19bn less over the next two years as a result of the COVID-19 pandemic, according to new research from equity release lender, more2life, and economics consultancy, Cebr
21/07/2020
The Government has proposed that the FCA should be given powers to regulate adverts and promotions in the cryptocurrency market, following a surge in cryptocurrency buying in the past year
20/07/2020
Thirty-seven per cent of UK adults have saved more into a savings account during lockdown than they would have usually, according to Nationwide research
20/07/2020
PropertyPal Mortgages has partnered with eKeeper to launch its own mortgage pre-approval software and speed up the initial stages of its mortgage application process
20/07/2020
TSB has launched a new unsecured personal loan rate of 2.8% APR for loans between £7,500 and £25,000 over one to five years, the bank’s lowest rate
17/07/2020
Consumer price inflation increased to a 12-month rate of 0.6% in June, up from 0.5% in May, according to the latest Consumer Prices Index (CPI) from the Office for National Statistics (ONS)
15/07/2020
The value of UK credit card transactions dropped to £8.7bn in April, half the value compared to April 2019, new UK Finance data has revealed.
The banking body stated that in the first full month of lockdown measures, the number of credit card transactions by UK cardholders also saw a sharp fall of 45.9% to 163 million, the lowest level in over nine years
15/07/2020
The number of mortgage approvals for house purchase slumped to 9,300 in May, almost 90% below February’s level and around a third of their trough during the financial crisis in 2008, new Bank of England (BoE) data has revealed
29/06/2020
Seventy-six per cent of all ISAs subscribed to during the year up to April 2019 were cash ISAs, a figure up from 70% a year earlier, new data published by HMRC has revealed
25/06/2020