CashNews.co The Financial Conduct Authority has published a report setting out the findings from its follow-up work on payment account access and closures. The report follows on from the FCA’s 2023 report, UK Payment Accounts: Access and Closures, which detailed findings from an initial review of issues relating to payment account access for both individuals […]
Malaysia, UK Eye Collaboration on Islamic Finance, Green Initiatives #UKFinance
CashNews.co Participants at a recent forum called for Malaysian collaboration to enhance Islamic finance services in the UK. Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Information below to view our subscription packages or you can email us at […]
Finance MagnatesLCG UK Increases Revenue, but Net Loss Deepens by 30% in 2022The UK branch of LCG published its financial results for 2022, showing an increase in revenue but a deepening net loss. The company managed to earn just….7 hours ago #UKFinance
CashNews.co Finance MagnatesLCG UK Increases Revenue, but Net Loss Deepens by 30% in 2022The UK branch of LCG published its financial results for 2022, showing an increase in revenue but a deepening net loss. The company managed to earn just….7 hours ago Read More #cashnews #UK #finance
HSBC launches new savings account with ‘attractive’ 7% interest rate | Personal Finance | Finance #UKFinance
CashNews.co HSBC has launched a new regular savings account with an “attractive” seven percent interest rate. Regular savings accounts can be a good option for those looking to get into a savings habit, as these accounts typically offer higher interest rates and the terms generally encourage savers to pay money into the accounts monthly. Savers […]
Sterling edges up against the dollar after UK data #UKFinance
CashNews.co By Linda Pasquini LONDON (Reuters) – Sterling gained slightly versus the dollar on Wednesday, recovering from a dip earlier in the session, but slid against the euro after data showed Britain’s economy stagnated unexpectedly in July, as manufacturing output fell. British economic output showed no change in month-on-month terms in July, as it did […]
State pensioners urged to use crisp packets to replace £300 Winter Fuel Payment | Personal Finance | Finance #UKFinance
CashNews.co With Winter Fuel Payments of £300 being cut for millions of state pensioners this winter, many are looking at any changes they can make to try to reduce their energy bills or cut thei costs to survive the coming months. And one heating expert has put forward a tip which could slash your energy […]
UK economy stalls, dealing blow to new government #UKFinance
CashNews.co Britain’s economy has now stagnated for two straight months (HENRY NICHOLLS) Britain’s economy stalled again in July, official data showed Wednesday, dealing a blow to the new Labour government that has put growth expansion at the top of its priority list. Gross domestic product showed zero growth in the reported month compared with June, […]
NS&I slashes interest rates on popular savings accounts | Personal Finance | Finance #UKFinance
CashNews.co Savings giant NS&I has rolled out updated versions of its British Savings Bonds, now featuring lower interest rates. The Treasury-supported establishment has announced that the freshly introduced issues of its two-, three-, and five-year British Savings Bonds are a reflection of “the changing savings market”. After the Bank of England base rate saw a […]
The real odds of winning #UKFinance
CashNews.co Premium Bonds offer holders the chance to win money in a monthly prize draw — but what are the real odds of winning? What are Premium Bonds? National Savings and Investments (NS&I) Premium Bonds are government-backed savings you can put money into and withdraw when you want. Unlike other investments, where investors earn interest […]
Martin Lewis warns ‘stock up now’ as stamp prices set to soar by 22% | Personal Finance | Finance #UKFinance
CashNews.co As the cost-of-living crisis continues to squeeze household budgets, the Royal Mail has dealt another blow – a hefty increase in the price of standard first-class stamps. But money expert Martin Lewis has a savvy tip to help Brits dodge the rise. The cost of standard first-class stamps will rise by an inflation-busting 22% […]