Finance news

• HMRC faces rising demand as more savers are forced into tax net

  08-11-2023 21:00
  UK authority warns of additional costs following concerns it could be swamped by inquiries
  
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• Central bankers adamant rates will remain high, as markets bet on cuts

  08-11-2023 19:21
  Officials say they would want to see companies cutting profit margins to be convinced inflation would fall sufficiently
  
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• UK homeowners to be compensated for electricity cables built nearby

  08-11-2023 18:30
  Government move follows recommendation from energy tsar and is aimed at speeding up overhaul of power system
  
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• UK rail operators agree deal with union to end 18 months of strikes

  08-11-2023 17:45
  Train companies and RMT develop ‘mutually agreed way forward’ in major breakthrough
  
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• Full list of Wetherspoon pubs that have shut down - with 28 more still at risk

  08-11-2023 16:18 via express.co.uk
  
  The pub chain has closed almost 40 branches over the past year.
  
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• Exact area that suffered biggest house price fall - and your postcode's fortune mapped

  08-11-2023 16:10 via express.co.uk
  
  Some postcode areas have seen average house prices fall by more than £100,000 over the last year.
  
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• Lloyd's of London to pay £52,000,000 over slave trade role in move branded 'PR'

  08-11-2023 16:08 via express.co.uk
  
  Research found that Lloyd's formed "part of a sophisticated network" that played a "significant role" in the transatlantic slave trade.
  
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• Reputation Online sets the record straight for victims of online abuse

  08-11-2023 15:50 via express.co.uk
  
  Standing up for the victims of mistaken identity, bullying and harassment by using the law's big stick to silence trolls - that's the mission of legal startup Reputation Online .
  
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• Savers urged to ‘watch out’ as interest rate rises may result in paying more tax

  08-11-2023 15:39 via express.co.uk
  
  Savings interest rates have been on the rise over the past year which has been beneficial to bank customers but could lead to people paying more tax.
  
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• Rory Stewart praises 'radical' scheme of handing thousands in cash to rough sleepers

  08-11-2023 14:21 via express.co.uk
  
  Canada's New Leaf Project had "astonishing results" that saved the Government money "in a quick period of time", former Tory minister Rory Stewart says.
  
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• Hunt rejects calls for £1bn for NHS in England to cover strike costs

  08-11-2023 13:28
  Decision will come as blow to health secretary, who had been pressing for extra funding
  
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• Car insurance hits record high as average leaps by £125 compared to same time last year

  08-11-2023 13:21 via express.co.uk
  
  The Government are being called to help drivers by reducing the insurance premium tax in the autumn statement later this month.
  
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• Mapped: Universal Credit deductions across UK - and worst-hit low income areas

  08-11-2023 13:08 via express.co.uk
  
  In the areas with the highest number of people on Universal Credit, more than half of them have seen their payments slashed.
  
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• Andrew Bailey issues grim warning and says it's 'too early' to consider interest rate drop

  08-11-2023 12:36 via express.co.uk
  
  The Bank forecasts that by the end of 2025 inflation will have returned to the target of two percent.
  
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• BoE’s Bailey says ‘too early’ to talk about interest rate cuts

  08-11-2023 11:34
  Central bank governor says monetary policy needs to remain restrictive for an extended period of time
  
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• Property market bounce-back as house prices tipped to skyrocket by £45,000

  08-11-2023 10:25 via express.co.uk
  
  The average property value will increase to £300,108 in 2028, according to new research.
  
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• Rip-off savings account warning - is your bank on list of shame?

  08-11-2023 10:16 via express.co.uk
  
  The big high street banks continue to offer "meagre" savings rates to loyal customers, despite political pressure to clean up their act. Check whether your own bank is profiteering and get ready to move your money if it is.
  
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• Pensioners urged to check if they can claim £300 weekly cost of living payment

  08-11-2023 09:11 via express.co.uk
  
  Pension Credit provides payments worth on average £3,500 a year and can also entitle a person to cost of living payments.
  
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• UK set to unveil regulatory regime for ESG ratings industry

  08-11-2023 06:00
  Ministers intend to unveil formal proposals as early as January after consultation that closed earlier this year
  
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• UK recruiters register sharp rise in jobseekers as employers cut back

  08-11-2023 01:08
  Businesses are trimming or restructuring workforces in the face of slowing demand, survey finds
  
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