HSBC to Close 62 Branches This Year Due to Online Banking

HSBC to close 62 branches due to online banking
 
Published: 30/01/2017 and written by E Rose

HSBC are set to close a further 62 branches this year, on top of the 55 already planned for closure. Around 180 jobs are set to be at risk, and 204 IT jobs could potentially […]

British Gas Told to Pay £9.5million in Compensation

British Gas told to pay £9.5million in compensation
 
Published: 27/01/2017 and written by P Smith

The UK’s largest energy provider, British Gas, has been ordered to pay £9.5million in compensation for late and incorrect bills. IT issues saw tens of thousands of business customers affected, with some not receiving a […]

Pensioners Getting Richer As Younger People Get Poorer

Pensioners getting richer as younger people getting poorer
 
Published: 26/01/2017 and written by R Rosen

The Institute of Fiscal Studies (IFS) has found people born after 1980 are the poorest in Britain, while pensioners become richer. The research showed older generations are the least likely to experience income poverty. Mr Lender, […]

Supreme Court Rules Parliament to be Given Vote on Brexit

Supreme Court rules parliament to be given vote on Brexit
 
Published: 25/01/2017 and written by P Smith

The Supreme Court has ruled that Article 50 cannot be triggered without a parliamentary vote. Prime Minister Theresa May cannot begin talks with members of the EU until MPs have given their backing. UK based […]

Free Cash Machines May Start Charging After Bank Dispute

Free cash machines might start charging over dispute with the banks
 
Published: 24/01/2017 and written by Natasha Krovak

Thousands of cash machines could start charging after a breakdown in agreements over fees and machine maintenance. Almost 40 members of the LINK network will be meeting this week to come to a new agreement. […]

Guarantor Loans vs. Payday Loans

Payday loan guarantor
 
Published: 23/01/2017 and written by E Rose

Taking out a payday loan can help cover the cost of any financial emergencies until pay day. Anyone can apply for a payday loan, and funds can be in the account in under an hour if approved. […]

Thousands Missing Out On Grandparent Credits

Thousands Missing Out On Grandparent Credits
 
Published: 23/01/2017 and written by R Rosen

Thousands of grandparents could be missing out on Grandparent Credits, research has found. The scheme was launched in 2011 to help grandparents who take time off to look after children. Mr Lender, a UK based short term […]

Payday Loan Jargon Busters

Payday loan jargon buster
 
Published: 20/01/2017 and written by P Smith

Applying for a payday loan can be a relatively simple, straightforward process. However all the payday loan jargon can make the process seem a little daunting. What’s the difference between a short term loan and a payday […]

Apple App Store Prices Rise by 25% Due to Brexit

Apple App store prices rise to 25% after Brexit
 
Published: 19/01/2017 and written by R Rosen

Apple App store prices are set to increase by 25%. This comes as a result of currency fluctuations caused by Brexit. Since June, the value of the pound against the dollar has fallen by 18.5%. […]

UK Inflation Hits 1.6%

UK inflation hits 1.6%
 
Published: 18/01/2017 and written by E Rose

UK inflation is the highest it’s been for two years.  Inflation hit 1.6% in December, up from 1.2% the previous month. According to the Office for National Statistics, the increase was caused by a rise […]