All the updated news related to finances

All the news related to finances updated in real time

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Bank takes steps to ensure ‘orderly end’ to emergency bond-buying scheme

The Bank of England has unveiled further measures to ensure an “orderly end” to its emergency gilt-buying programme, which was launched after the mini-budget market turmoil left the UK on the brink of a financial crisis. The Bank said it will double ...

10 Oct 2022 at 09:13

Scotland

Committee urges Swinney to publish budget on December 15

Holyrood’s Finance and Public Administration Committee has urged the Deputy First Minister to publish the draft budget on December 15. John Swinney, who is in charge of Scotland’s finances while Finance Secretary Kate Forbes is on maternity leave, ...

05 Oct 2022 at 16:50

Northern Ireland

Consultation begins on devolving tax powers to Northern Ireland

A public consultation on the possible devolution of some taxation powers to Stormont has been launched. Finance Minister Conor Murphy said it was time for a “mature discussion” on the potential for greater local control over tax. The only ...

04 Oct 2022 at 15:50

I can’t promise to insulate Scotland from ‘fiscal recklessness’, says Swinney

The minister in charge of Scotland’s finances has said he cannot promise he can insulate the country from the “fiscal recklessness” of the UK Government. Deputy First Minister John Swinney – who has taken control of the finance brief ...

04 Oct 2022 at 13:54

Health & Wellbeing

Is the cost-of-living crisis giving you ‘retirement anxiety’? What to do about it now

The cost-of-living crisis is impacting not only our current finances, it’s stoking fears about the future, according to a new survey showing that more than half (54%) of over-40s already feel anxious about retiring. The research, ...

17 Aug 2022 at 12:42

Spending on credit cards up a third amid cost-of-living crunch

Credit card spending has shot up by a third as more people turn to borrowing cash amid the cost-of-living crunch. UK credit card holders spent just under £20 billion in May, a 33% jump in the total spend compared to the same ...

17 Aug 2022 at 12:54

Cineworld ‘prepares to file for bankruptcy within weeks’

City

Cineworld ‘to file for bankruptcy within weeks’- report

Cineworld shares have plummeted after reports the cinema chain is preparing to file for bankruptcy “within weeks”. Shares dived by two-thirds within minutes of reports by the Wall Street Journal that the world’s second ...

19 Aug 2022 at 20:17

Life

How to grab the best bargains – or make some extra cash – at car boot sales

Car boot sales can be a fun and useful way to make your money stretch further – as well as being sustainable and helping reduce waste. Maybe you bought items to pass the time during lockdown that are no longer being ...

19 Aug 2022 at 10:00

Life

5 things teenagers need to know about managing their money at university

Many teenagers will be preparing to start university soon – and while they may have given lots of thought to socialising and even their studies, there’s another crucial aspect of student life to consider: managing ...

16 Aug 2022 at 08:30

Cash use set to survive despite slump during pandemic – report

Cash may no longer be king but its rapid decline in use during the pandemic has at least eased, according to a report. Trade body UK Finance said many people were forced to use alternative ways of spending due to ...

18 Aug 2022 at 11:55

Life

Wondering if you’ll ever be able to buy your first home? These expert tips could help

With mortgage rates jumping and house prices already having soared, aspiring first-time buyers face an uphill battle to get onto the property ladder. The Bank of England hiked the base rate by 0.5 percentage ...

19 Aug 2022 at 09:00

Personal Finance

One in seven people ‘dealing with the cost-of-living crisis with no savings’

More than a third (36%) of savers say they are relying on their savings to get them through the cost-of-living crisis, according to the Building Societies Association (BSA). However, one in seven (13%) ...

26 Sept 2022 at 01:01

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