CashNews.co Like me, you may have seen some silly media stories recently suggesting that older people typically don’t need their winter fuel allowance, so they spend the money on luxuries instead, like an eye-wateringly expensive bottle of wine. That’s despite research from the highly respected Institute for Fiscal Studies showing that in fact, most pensioners […]
CashNews.co The Scottish government must recognise its tax policy is not working and address divergence with the rest of the UK, the financial services industry has said. Scottish Financial Enterprise (SFE) said rates should be brought more closely in line with those south of the border when Shona Robison, the finance secretary, delivers her budget […]
CashNews.co Stay informed with free updates Simply sign up to the Financial services myFT Digest — delivered directly to your inbox. Complaints to the UK ombudsman about alleged mis-selling of car finance have more than doubled from a year earlier, increasing the urgency for regulators to seek a solution to the growing controversy. The surge […]
CashNews.co The UK has announced Aussie travellers will have to pay a fee to enter its borders from early next year. (Source: Getty) Aussies heading to the UK from early next year are now able to apply for the country’s new fee system. The United Kingdom announced in September that it was expanding its Electronic […]
CashNews.co FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution […]
CashNews.co LONDON (Reuters) -Prime Minister Keir Starmer announced plans to get Britain’s ailing workforce back into jobs on Tuesday with better support for mental health and finding work, but the government delayed a consultation on reforming welfare to encourage people into work. Mental health support will target geographic areas with high rates of labour market […]
CashNews.co Around seven million adults in the UK own cryptoassets, according to estimates published by the City regulator. One in eight (12%) UK adults own cryptocurrencies, up from 10% (around five million adults) in 2022, according to the Financial Conduct Authority (FCA). The average cryptocurrency holding totals £1,842. The main method of funding cryptoassets among […]
CashNews.co As global markets experience broad-based gains and U.S. indexes approach record highs, investors are navigating a landscape marked by geopolitical tensions and economic policy shifts. In such an environment, dividend stocks like Nova Technology offer a stable income stream and potential for growth, making them attractive options for enhancing portfolio resilience amidst market fluctuations. […]
CashNews.co (Reuters) – Barclays said on Tuesday it planned to set up a new private banking booking centre in Singapore by 2026 to tap into the city-state’s expanding pool of ultra-wealthy clients, financial institutions, and family offices. The new booking centre comes eight years after the British bank divested its wealth and investment management business […]
CashNews.co The UK’s top financial regulator has released new data showing a surge in crypto investments, and a rise in awareness of digital currency, as it sets out on its path to a full regulatory regime. The regulator said its research found that, in the UK, awareness of crypto also rose from 91% to 93% […]