Home buying crisis with 80% surge in first time buyers relying on financial gifts | Personal Finance | Finance
The number of young people who rely on help from relatives to get a foot on the property ladder has surged by 80 percent in 20 years. Almost half of first-time buyers now rely on handouts from the bank of mum and dad and other relatives to get a foot on the property ladder. Some 36 percent used gifts from the family and another nine percent relied More...
NS&I responds after Premium Bonds customer raises alarm over ‘dodgy’ password issue | Personal Finance | Finance
An NS&I customer has reached out to the provider after their suspicions were raised as they tried to log in to their account. The individual got in touch over X to ask: “If you insist on 2FA [two factor More...
‘I’m a finance expert – here’s why WASPI women may struggle to get DWP compensation’ | Personal Finance | Finance
WASPI campaigners hoping to get compensation face an uphill battle to secure payouts from the DWP, an expert has warned. A much anticipated report from the Parliamentary and Health Service Ombudsman has recommended More...
Millions still living month to month with these four groups worst affected financially | Personal Finance | Finance
Nearly three in 10 adults – 7.4 million – are still struggling financially despite the improving economy, according to City watchdogs. The data from the Financial Conduct Authority (FCA) will present a new More...
HSBC suffers £790.1million in losses as banking giant counts cost of exiting Argentina | City & Business | Finance
HSBC says it first quarter results will be hit by a $1billion (£790.1million) pre-tax loss following the £434.6million sale of its Argentinian bank to Grupo Financiero Galicia. Additionally, it said that when More...
Pension Credit: DWP benefit claimants set for £310 cash boost – check eligibility | Personal Finance | Finance
Around 1.3 million pensioner households, who are on particularly low incomes, are to get a cash boost worth £310 a year. This boost relates to changes in Pension Credit, which is designed to provide what the More...
JPMorgan boss Jamie Dimon warns of risks not seen since World War II | Personal Finance | Finance
Jamie Dimon, the chief executive of JPMorgan Chase and one of the most influential bankers in the US, has issued a stark warning about potential risks that could overshadow anything seen since World War II. More...
BP braces for lower revenues as it warns reduced energy prices will have impact | City & Business | Finance
Energy giant BP has warned that its first quarter revenues could be up to $1billion (£790.1million) lower due to reduced oil, gas and renewables prices. At its trading update, it said that it expected production More...
Energy bills standing charge savaged by Martin Lewis sparks Government response | Personal Finance | Finance
The Government has issued a response to calls for a fixed national standing charge on energy tariffs. Conservative MP Alexander Stafford asked a question in Parliament to energy minister Claire Coutinho as to More...
Millions of Brits could be paying thousands of pounds worth of interest on loans | Personal Finance | Finance
Millions of UK residents are potentially shelling out thousands in loan interest due to an apparent “lack of transparency”. Personal loans, where individuals borrow a specified sum and repay it in More...
