With the festive season over, many Britons will be looking at their bank balances and wondering if they may have gone a little overboard this year. The temptation to go large for Christmas and New Year’s can be a bit too much for some, and people often find themselves taking out short term loans or…

Cancer patients across the UK have found that they face difficulty when trying to get enough together to pay for their fuel bills. This is especially true during winter when, as you can imagine, the problems become more pronounced. This information is provided by Macmillan Cancer Support, who surveyed cancer patients throughout the UK on…

As the weekends approaching Christmas passed by, there were constant cries from those watching high street revenue that shoppers were simply biding their time and the next weekend was sure to be the one where people finally stormed the shops and began to spend, spend, spend. Now that Christmas Eve is upon us and the…

Banks have been reducing the rates of interest that they offer on new savings accounts for months now, as well as closing some accounts that offer particularly good rates. As more and more banks have cut off their best offerings from customers, it has triggered a domino effect that has seen the entire market fall…

Lloyds TSB will be putting the sale of the current account packages it offers on hold. Although the bank denies that this has anything to do with mis-selling of packages, a whistleblower has claimed otherwise, and it is has made this decision suspiciously soon after a number of other high street banks have been accused…

The recruitment company Manpower have announced that they believe the outlook for the first three months of 2013 will be the best for the jobs market since before the financial crisis hit the world economy. According to their figures, 6% of employers across the UK in a range of sectors are looking to take on…

The chancellor, George Osborne, has made his autumn statement, giving Britain details on what will be happening over the next year and what to expect in the next budget. There are some big announcements that are sure to go down well, but others that might not be received as positively. First off, the personal allowance…

The Bank of England’s Financial Policy Committee (FPC) have gathered today in order to discuss what needs to be done by the UK’s financial services industry to bring them through the current financial situation. Previously, the FPC have said that banks need to raise capital in order to weather any impending failures in markets or…

The latest figures from the government that show their overall spending, borrowing and the general state of public finances reveal that the plan to reduce Britain’s reliance on huge loans in order to finance its public spending has been somewhat successful in 2012. Although borrowing hadn’t reduced as much as the chancellor wanted it to previously, and…