Data shows householders are paying off their mortgages quicker than ever

Mortgage debt denialThe Bank of England has released data showing that households in the UK are paying off their mortgages faster than ever before.

According to a …

Government announces that it is to cut renewable subsidies

fresh money saving tipsThe government has announced that it is to cut back on the ever increasing cost of subsidising renewable power sources which, it stated, is threatening …

More people than ever switching bank accounts

One wayNew legislation, that makes it easier for people in the UK to switch to a different bank, has led to an increase of 4% in …

Unemployment rate in the UK increases

"Find Job" button with a magnifying glass on a keyboard.The unemployment rate in the UK recently went up for the first time in over two years, according to newly published data. However, better earnings …

Some prices in UK supermarkets are ‘misleading’ according to CMA

Shopping trolleyThe Competition and Markets Authority (CMA), has found that confusing pricing associated with certain types of promotions is bewildering consumers.

The results of the study, …

UK taxpayers still paying the price for bank failures

Old Fashioned Bank SignThough nearly seven years have passed since Lehman Brothers collapsed, precipitating carnage in the markets, bank regulatory bodies are still nowhere near being able to …

Inflation in the UK edged back towards zero last month

One PoundInflation in the UK was close to the lowest level in more than fifty years last month, influenced by the lower cost of summer clothes …

Change to pension law sees £1.8billion withdrawn in two months

pensionsPeople of pensionable age in the UK have taken out over £1.8billion from their retirement savings in the last two months. This has been triggered …

Consumer spending at highest level for five years

High Street Shopping smlConsumer spending in the UK reached its highest level for five years during the second quarter of 2015, according to new data captured by Visa …

Bank of England announces review of buy-to-let mortgages

Giving house keysThe Bank of England has announced that it is to consider looking at new ways to regulate the practice of mortgage lending for buy-to-let purchases. …

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