CashNews.co Rachel Reeves is expected to use her first Mansion House speech in the City of London to spell out the Government’s next steps to fix the economy. The Chancellor will pitch economic growth by unlocking private sector investment, including in Britain’s financial services industry. Ms Reeves will promote Labour’s plan despite business warnings that […]
Brits warned as common habit is huge red flag for mortgage lenders | Personal Finance | Finance #UKFinance
CashNews.co Having a flutter might seem like just harmless fun, but placing a bet may spoil your chances of getting a mortgage, an adviser has warned. Some brokers are warning that gambling transactions can be a red flag for mortgage lenders cautious about who they lend to. Joe Childes, mortgage adviser at Right Choice Mortgages, […]
Martin Lewis issues State Pension warning | Personal Finance | Finance #UKFinance
CashNews.co Martin Lewis has said many pensioners will earn less than the £475 the Labour Government would like them to believe they will in a stark warning. The old State Pension and new State Pension will rise by 4.1 percent in April, but because the payments differ the rise will not be the same. Mr […]
Britain’s debt hitting 100% of GDP isn’t a crisis, here’s the real issue | Personal Finance | Finance #UKFinance
CashNews.co Britain’s soaring public debt isn’t the real problem unlike UK house prices, the London-centric economy and under-investment, an expert has said. Chancellor Rachel Reeves today (September 20) faced a fresh headache ahead of her first Budget on October 30 after official figures revealed Government borrowing leapt by more than expected in August. Borrowing rose […]
Rachel Reeves given £10bn boost by Bank of England | Personal Finance | Finance #UKFinance
CashNews.co Chancellor Rachel Reeves has received a boost of up to £10billion ahead of the Budget prompting calls to re-think plans to cut the winter fuel allowance. Members of the Bank of England’s Monetary Policy Committee (MPC) have said Threadneedle Street will shrink its balance sheet by carrying out £100bn of quantitative tightening (QT) over […]
Pensioners urged to sign up to boiler replacement scheme | Personal Finance | Finance #UKFinance
CashNews.co Pensioners urged to claim ‘free’ £7,500 to make homes warmer and cut energy bills (Image: Getty) A free boiler replacement scheme for over 60s offers an upgrade on home heating systems for eligible households. The scheme is available for low income and “vulnerable” households in England, Scotland and Wales, with up to £7,500 in […]