Latest News
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Income tax rise could pull a million more people into tax net
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FTB demand softens in Q2 as housing supply tightens
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HMRC crypto tax settlements top £8.3m as compliance crackdown gathers pace
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Pension pots valued up to £31bn yet to be claimed
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FCA decides to ban father and son following fraud and misuse of client money
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Industry reacts to Andy Burnham’s new cabinet
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Seventy-one per cent of businesses have furloughed a proportion of their workforce, up from 66% a week earlier, according to a new survey by the British Chambers of Commerce (BCC)
22/04/2020
The rate of inflation in the UK fell to 1.5% in March, down from 1.7% in February, according to new data published by the Office for National Statistics (ONS)
22/04/2020
Average rates for equity release dropped to a record low of 4.48% in the second half of 2019 while two out of every five products had rates lower than 4%, the Equity Release Council (ERC) Spring Market Report has revealed
21/04/2020
The FCA has confirmed the temporary financial relief that was outlined last week for customers impacted by coronavirus will be going ahead from today
09/04/2020
Financial regulators are urging UK savers to stay calm and not rush to make any decisions about their pensions in response to the coronavirus pandemic
01/04/2020
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