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.

Three-quaters of Brits consider a Staycation

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More and more Brits are shunning the blazing hot sun of southern Europe in favor of holidaying in the UK.

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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 »


How would a Brexit affect family finances and British businesses?

Britain’s membership of the European Union (EU) is set to be one of the hottest topics of discussion in the coming years, after the Conservatives won the recent general election. Read More »


How could The National Living Wage affect Consumers?

£9 per hour 2020

The national minimum wage, introduced by Tony Blair’s Labour government in 1999 at a now almost laughably thrifty £3.50 an hour and standing at £6.50 an hour today, up to  fair pay for workers across the United Kingdom and is now pretty much a universally supported idea politicians of all parties.

 

Earlier this month, the Conservative Chancellor of the Exchequer, George Osborne, announced a new national living wage for all UK workers over the age of 25. Starting at £7.20 an hour in 2016, and rising to £9 an hour by 2020, this new legislation will essentially replace the national minimum wage. Read More »


Official Figures show UK productivity Remains Subdued

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Despite an improving economic outlook, productivity in the UK remains subdued, figures from the Office for National Statistics (ONS) show.

 

During the first three months of 2015, output per hour showed growth of 0.3%, but across the wider economy productivity actually fell. Read More »


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