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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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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
The average Cash ISA holder has seen the value of their pot fall by £252 over the last five years, new research from RateSetter has revealed
09/03/2020
Thirteen per cent of the UK, or the equivalent of 1.2 million people, are relying on their overdrafts to cover the cost of their mortgage or rental payments, according to new research by comparethemarket.com
05/03/2020
Sixty-five per cent of UK adults would feel they were being judged for their past financial decisions if they needed to look for a ‘bad credit mortgage,’ according to new research carried out by YouGov for Simply Adverse
05/03/2020
With new Chancellor, Rishi Sunak, set to reveal his first Budget on 11 March, next Wednesday’s announcement is expected to involve plans that ‘shake up’ the mortgage market, according to AJ Bell
02/03/2020
Fraudsters have targeted UK taxpayers with a total of 1,524,449 fake emails, calls or text messages purporting to be from HMRC over the last two years, new data from Griffin Law has revealed
02/03/2020
First 4 Bridging (F4B) has announced the addition of investment and mortgage specialist, Castle Trust, to its lending panel
25/02/2020
The IHS Markit UK Household Finance Index, which measures households’ overall perceptions of financial wellbeing, increased to 47.6 in February, a notable rise from January's 44.6 and the highest index reading since the survey began 11 years ago
17/02/2020
The FCA built a ‘higher wall’ in the mortgage market when it introduced the mortgage cap in 2014, according to Hargreaves Lansdown
17/02/2020
The FCA has handed a £2.77m fine to car finance provider, Moneybarn, for not treating its customers fairly when they fell behind with loan repayments while in financial difficulties
17/02/2020
Sixty-six per cent of current account holders are unaware of the new FCA changes to overdraft rates, new research from comparethemarket.com has revealed
12/02/2020