In November, Britain saw the largest rise in overall real wages since September 2016, raising the spending power of the average British worker to the highest it has been in two years.
In September, the UK inflation came in much weaker than expected, causing the pound sterling to fall dramatically.
The UK’s inflation rate jumped from 1.8 per cent in January to 2.3 per cent in February, the Office for National Statistics (ONS) has revealed.
Nearly half of all UK small and medium-sized enterprises (SMEs) are being paid late, a report has revealed.
For the first time in over seven years, the Bank of England (BoE) has cut interest rates to a record low of 0.25 per cent in a bid to bolster the economy, but how it will it affect mortgage holders?
Investment banks should do more to encourage competition and fairer treatment of customers, Britain’s financial watchdog said, proposing changes to help firms to make informed choices about the banks they use. According to an interim market study published on Wednesday,
Recent figures from the Bank of England revealed that British consumers borrowed a colossal £1.6 billion in January 2016 – representative of the second-highest level on record in more than ten years.
The Financial Ombudsman Service has published the latest complaint figures against financial firms, with banks continuing to dominate.
UK inflation registered its second consecutive month of growth in December, after remaining close to or below zero for much of last year.