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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The average Cash ISA from the UK’s top ten banks will earn just £12 in interest over the next year, new analysis from RateSetter has revealed
01/04/2020
The Financial Services Compensation Scheme (FSCS) has reassured customers of London Capital and Finance (LCF) it is doing “everything it can” to reach a point where it can assess claims as efficiently and effectively as possible
31/03/2020
UK Finance has issued a warning for consumers to be on the lookout for “smishing” text message scams from criminals exploiting the coronavirus outbreak
30/03/2020
Thirty-eight per cent of UK businesses have deliberately abandoned an application for banking services in the last year due to ‘slow due diligence processes,’ according to new research from Encompass Corporation
30/03/2020
UK consumers are “feeling the financial pinch of the coronavirus” with March showing an accelerated deterioration in the financial health of UK households, according to new data published in the IHS Markit UK Household Finance Index (HFI)
23/03/2020
Equity release is being used the most across all age groups for home improvements, new data from HUB Financial Solutions has revealed
23/03/2020
AJ Bell has urged pension savers to “be on their guard” against a potential surge in scam activity during the period of economic uncertainty caused by the coronavirus pandemic
20/03/2020
The banking and finance industry stopped over £1.8bn of fraud in 2019, up 9% on the previous year, new data published by UK Finance revealed
18/03/2020
TSB has announced it has fully reimbursed “every single TSB customer” that was an innocent victim of financial fraud since launching its Fraud Refund Guarantee scheme in April 2019
17/03/2020
With the news the Junior ISA (JISA) savings limit is set to increase to £9,000 by 2020/21, according to Wednesday’s Budget, the Government’s announcement has created mixed responses from experts in the financial services sector
13/03/2020
The banking sector submitted more than 380,000 Suspicious Activity Reports (SARs) last year, which saw a 3% rise in the total number of SARs from the year before, a new study from SmartSearch has revealed
12/03/2020
In response to the Bank of England’s (BoE’s) emergency decision to cut the base interest rate from 0.75% to 0.25% yesterday, the UK Mortgage Prisoners Action Group has released a statement indicating it would be “writing to all active lenders and inactive and/or unregulated debt collectors”
12/03/2020
The MoneyAge Awards 2020 are now open for entries to banks, building societies, savings and investment providers, mortgage companies and personal finance specialists
12/03/2020
A specialist police unit funded by the banking and finance industry prevented £31.2m of fraud and disrupted 23 Organised Criminal Groups (OCGs) in 2019, new UK Finance figures revealed
10/03/2020
Lead campaigner for the UK Mortgage Prisoners Action Group, Rachel Neale, has penned an open letter to the Government ahead of Wednesday’s Budget announcement, calling for more action to be done to help the UK’s mortgage prisoners
09/03/2020