All the latest Financial News

We’ll bring you all the latest news from the financial sector, keeping you right up-to-date with everything you need to know regarding loans, financial products and services as well as anything else that might interest you.

News Snippet: Subprime lending fears grow

Image of the Bank of England

This week lenders have found themselves under increasing pressure amid concerns over the consumer credit market. This follows the Bank of England’s recent directive which will see banks reserve a further £11.4BN in order to strengthen finances and mitigate the risk of bad loans.

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A Deal with the DUP: What now for your finances?

Making sense of the June Election

It’s been just over three weeks since UK voters took to polling stations and cast their votes on June 8th – a snap election which took place three years earlier than scheduled. This was called for by PM Theresa May in what was largely an effort to strengthen her hand in Brexit negotiations. What we saw however was a surprising result, one which neither the Conservative government or the financial markets had anticipated.

 

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What does the strength of the pound mean for UK Manufacturing and Holiday Makers?

1 pound coin

What does the strength of the pound mean for Manufacturing and Holiday Makers?

 

Sterling is now riding high and the exchange rates with the euro, US dollar and Chinese yuan are currently firmly in the UK’s favour. What does this actually mean for us, though?

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What did the “age of irresponsibility” cost UK families?

This week has seen some major attempts by the government to raise funds to pay off some of the nation’s debt. The sale of half of the government’s share in Royal Mail for £750m has been largely accepted, but the sale of the government’s 80% stake in the maligned Royal Bank of Scotland (RBS) has been criticised for making a significant loss. Read More »


Boom or Bust: The UK Housing Market

Boom or Bust

According to official figures, the UK property market is booming. Following a slow period during the recession, it’s now estimated that, in London, prices are up around 27% from their 2007 peak. Read More »


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