CashNews.co Customers and small businesses are poised to reap the benefits of new regulations set to be implemented tomorrow (Wednesday, September 18). The Financial Conduct Authority (FCA) is introducing rules that will compel banks and building societies to assess whether local communities have sufficient access to cash services. If a community is found wanting, banks […]
UK tech faces talent exodus if founders are penalised by tax hikes #UKFinance
CashNews.co With just weeks to go before Rachel Reeves takes to the despatch box, UK tech leaders are making a final push to influence Labourās plans. Prime Minister Keir Starmer has promised that Chancellor Rachel Reevesā first Budget will prioritise economic growth and wealth creation. But moves to hike taxes that will hurt Britainās entrepreneurs […]
UK calls for “ambition” on COP29 climate finance goal but won’t talk numbers #UKFinance
CashNews.co The UKās new foreign minister, David Lammy, says Global North rhetoric on climate action must be matched by funding but stays silent on the size of a new global finance goal Britainās new foreign minister has called on governments to set an āambitiousā new goal for climate finance to help developing countries at the […]
Pensioners urged to sign up to boiler replacement scheme | Personal Finance | Finance #UKFinance
CashNews.co Pensioners urged to claim ‘free’ Ā£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 Ā£7,500 in […]
Channel 4 Is Starting To āBuy Bigger Againā After āHorrendousā Time For UK Producers #UKFinance
CashNews.co Channel 4 CEO Alex Mahon has said that the UK broadcaster is back in the market for big ideas after acknowledging that cuts have been āhorrendousā for producers. Speaking at the RTS London Convention on Tuesday, Mahon told a room full of British television luminaries that Channel 4 is āstarting to buy and buy […]
Octopus customers can have Ā£420 hacked off energy bills with new deal | Personal Finance | Finance #UKFinance
CashNews.co An average family could save Ā£420 a year by installing solar panels paid for through a monthly subscription similar to a mobile phone contract under a new green deal. The scheme, which comes from Sunsave and is supported by energy giant Octopus, does away with the need to pay more than Ā£10,000 up front […]
UK to give Asian Development Bank guarantee to unlock climate finance #UKFinance
CashNews.co This comes as part of wealthy nationsā commitment to provide US$100 billion each year to developing countries to help them cope with climate change BRITAIN will next month provide a guarantee for the Asian Development Bank (ADB) to help unlock more than US$1 billion of climate finance for developing countries, Foreign Secretary David Lammy […]
Bank of England expected to hold interest rates as investors await November cut #UKFinance
CashNews.co The Bank of England (BoE) is all but certain to hold rates at 5% on Thursday, having cut in August for the first time in four years, but investors expect rate-setters will set the stage for a November cut. Threadneedle Street is treading more carefully towards lower interest rates than the US Federal Reserve, […]
Jay Saunders Champions Progressive Governance, Financial Oversight at UK Forum #UKFinance
CashNews.co In a significant stride towards enhancing public financial management and governance, E. Jay Saunders, former Minister of Finance and current Member of Parliament for the Turks and Caicos Islands (TCI), presented at the Sixth Overseas Territories Forum in the United Kingdom earlier this week. Saunders was also joined by Tracey Parker, Clerk, Turks & […]
UK Finance Hails Collaborative RLN Infrastructure Experimentation a ‘Success’ #UKFinance
CashNews.co Following the experimentation phase of a new āUK Regulated Liability Networkā (RLN), UK Financethe British trade association for the UK banking and financial services sector, has revealed that such a platform could deliver economic value and support innovation in the market. Since April 2024, UK Finance has worked alongside eleven of its members and […]