UK mortgage rates continue to fall and the latest two-year fixed rate deal from the Yorkshire Building Society (YBS), which offers customers a 1.07 per cent rate, represents the best deal ever recorded for customers looking for a comparable product.
The UK’s markets watchdog has set out the issues it will focus on in its investigation into investment and corporate banking competition.
The change in the pension system that came in this April, which means that people over the age of 55 can take 25 per cent of the money from their pension pot tax-free, could mean that basic rate taxpayers stand to make at least 6.25 per cent on their savings.
Five of the world’s largest banks are to pay fines totalling $5.7bn (£3.6bn) for charges including manipulating the foreign exchange market.
Royal Dutch Shell has announced plans to replace its current auditor, PwC, with fellow Big Four firm EY.
Bankers should be paid no more than civil servants, a former senior advisor to David Cameron has proposed.
Deutsche Bank has become the first bank to formally consider what it would do if the UK voted to leave the EU.
Finance chiefs need to invest more in fundraising, saying most UK charities fail to put sufficient resources into raising voluntary income.
Chancellor George Osborne has announced that there will be an “emergency Budget” on July 8, the second in only four months, which is likely to include laws to prevent rises in income tax and national insurance and details of increases to the inheritance tax threshold.
This month HSBC launched an £8billion fund which will specifically help finance the UK’s small and medium-sized enterprises (SMEs).