Category Archives: UK News

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Changes to the UK Benefit System this April

Starting this April, the UK is set to face a number of amendments to the benefits system in an aim to streamline the scheme and interest more people in work….

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Osborne’s 2013 Budget – A Summary

State of the economy The Chancellor’s budget revealed some highs and lows regarding the current state of the UK economy. Primarily, Osborne announced that the growth forecast for this year…

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Record Insolvencies on British High Street

A study by professional service company PwC found there was a ten-fold increase in the number of high street shops shutting down in 2012 compared to 2011. The data came…

Barclays bank headquarters in Canary Wharf

Barclays to Compensate Clients for mis-selling

When there has been a tendency to mis-sell a product, often problems later surface for the people who have done the mis-selling. There are many banks in the UK who…

FSA

Bank of England Claims That Banks Are Low on Capital

A new report from the Bank of England has shown that banks throughout the United Kingdom may be facing losses that are not immediately evident on their balance sheets. This…

debt

Euro Rises on Encouraging News About Europe and Prospect for Fiscal Cliff

The euro has officially risen significantly on encouraging signs about the United States and European debt crises. New reports have shown that borrowing costs on Italian bonds are now the…

rejected

What To Watch Out in Making and Processing PPI Claims

Recovering all your refunds from a mis sold PPI through a PPI claim is a right of law given to any customer who is ineligible for the product. The High…

fed

U.S. Federal Reserve Launches QE3

The United States central bank has announced that it is launching a third round of quantitative easing. Central bank leader Benjamin Bernanke hopes that the latest stimulus measures will help…

Experts Claim Europe Needs New Reforms Very Soon

The Eurozone debt crisis has waged on for well over a year. Many experts are starting to become very nervous about the state of mainland Europe. Politicians have tried to…

Greek Elections Fail to Spur Confidence Among Investors

Investors breathed a sigh of relief when the conservative New Democracy Party won the recent elections. This party has pledged to work with EU leaders to ensure their nation can…