All the updated news related to uk finance

All the news related to uk finance updated in real time

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Personal Finance

Squeezed household budgets ‘could put upward pressure on mortgage arrears’

The number of homeowners who are severely behind with their mortgage payments edged up towards the end of last year, figures from a trade association show. And, looking ahead, rising living costs and planned increases in National Insurance ...

10 Feb 2022 at 12:25

Personal Finance

£28,000 is lost to bank transfer scams every hour, says Which?

Around £28,000 is being lost every hour typically to scams where people are tricked into making bank transfers to fraudsters, according to Which? This is more than the average UK employee earns in a year, at £25,971, it said. A voluntary ...

09 Mar 2022 at 01:25

Train timetables slashed due to pandemic staff shortages

Hundreds of daily trains are being removed from timetables in an attempt to improve reliability following weeks of short notice cancellations. At least eight operators have either already reduced frequencies on many routes or will do so ...

31 Dec 2021 at 11:25

Items left behind by guests at Travelodge hotels include a dog called Beyoncé

A dog called Beyoncé, a drum kit, a 1940s typewriter and a suitcase full of Blackpool rock were among the items left behind by people who stayed at Travelodge hotels last year. Other bizarre items which guests forgot to take home with ...

10 Jan 2022 at 02:25

TUC calls for workers to be on company boards

The Government is being urged to take measures to restore fairness to workers, including having employees on boards and reforming company law. A report by the TUC and two think tanks said the balance between the interests of a firm’s ...

10 Jan 2022 at 01:25

Former Big Issue seller now runs multi-million pound fashion firm

A former Big Issue vendor who now runs his own multi-million pound sustainable fashion firm has spoken about how his time selling the magazine helped him start his business. Philip Waltham sold the magazine for three years in ...

10 Jan 2022 at 01:25

Investment at Dover putting smaller ports at disadvantage – ferry firm

A ferry firm has accused the Government of putting smaller ports at a disadvantage by focusing investment on Dover ahead of new Brexit customs checks. Brittany Ferries, which operates from Portsmouth, Plymouth and Poole, ...

31 Dec 2021 at 15:25

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

Personal Finance

APP fraud losses jumped by 39% annually in 2021, says UK Finance

Fraud losses due to people being tricked into transferring money directly to criminals jumped by 39% year-on-year in 2021, according to figures from an industry trade body. Some £583.2 million was stolen through ...

29 Jun 2022 at 10:30

Personal Finance

Disposable income hit for homeowners with fixed mortgage deals about to expire

Homeowners coming off fixed-rate mortgages this year and shifting to a new deal can typically expect to see their disposable incomes shrink by 7%, analysis by a trade association suggests. The expected decrease ...

01 Jul 2022 at 15:48

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 ...

17 Aug 2022 at 12:54

Personal Finance

Consumer Credit Act will be reformed ‘to keep pace with the modern world’

The Consumer Credit Act, which regulates credit card purchases and personal loans and dates back to the 1970s, is to be reformed to make it fit for modern life, the Government has announced. The move ...

16 Jun 2022 at 14:33

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